Family Involvement, Family Influence, and Family–Centered Non–Economic Goals in Small Firms

Entrepreneurship Theory and Practice - Tập 36 Số 2 - Trang 267-293 - 2012
James J. Chrisman1, Jess H. Chua2, Allison W. Pearson3, Tim Barnett4
1Department of Management and Information Systems and Director of the Center of Family Enterprise Research, Mississippi State University, Mississippi State, MS, USA. He holds a joint appointment as a Research Fellow with the Centre for Entrepreneurship and Family Enterprise, University of Alberta, Alberta, Canada.
2Finance and Family Business Governance at the Haskayne School of Business, University of Calgary, 2500 University Drive NW, Calgary, Alberta, Canada.
3Allison W. Pearson is a Professor in the Department of Management and Information Systems, Mississippi State University, Mississippi State, MS, USA.
4Tim Barnett is a Professor in the Department of Management and Information Systems, Mississippi State University, Mississippi State, MS, USA.

Tóm tắt

Using behavioral and stakeholder theories, we suggest that family firms may have family–centered non–economic goals and that these goals could influence firm behaviors. This study extends the literature by hypothesizing that the essence of family influence partially mediates the relationship between family involvement and family firms’ adoption of family–centered non–economic goals. The results using 1,060 small firms support the hypotheses. Aside from contributing to family business theory by explaining and testing mediating variables as sources of goal heterogeneity among family firms, our findings also imply that the involvement and essence approaches to defining family businesses may be hierarchically reconciled.

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Thông tin xuất bản

Entrepreneurship Theory and Practice

Tập 36 Số 2

267-293

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