Satisfaction with Firm Performance in Family Businesses

Entrepreneurship Theory and Practice - Tập 34 Số 5 - Trang 985-1002 - 2010
Raj V. Mahto1, Peter Davis2, John A. Pearce3, Richard B. Robinson4
1Anderson School of Management, The University of New Mexico.
2Department of Management, Belk College of Business, University of North Carolina Charlotte.
3Strategic Management and Entrepreneurship at the Villanova School of Business, Villanova University.
4Department of Management, Moore School of Business, University of South Carolina.

Tóm tắt

Business goals in family businesses are often subsumed by family goals. As a result, reference performance for each family business is different. This makes the popular financial performance measure of publicly traded companies, profit maximization, insufficient for family businesses. We believe that for evaluating family businesses, the family members‘ satisfaction with firm performance is a better measure of performance. In the study, we identify three predictors of family members‘ satisfaction with firm performance and test the proposed linkages on two samples of family businesses.

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Entrepreneurship Theory and Practice

Tập 34 Số 5

985-1002

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