The role of culture in family firms

IF 6.5 1区 经济学 Q1 BUSINESS Small Business Economics Pub Date : 2024-04-22 DOI:10.1007/s11187-024-00926-y
Mario Daniele Amore, Danny Miller
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Abstract

Although family firms are ubiquitous, their prevalence displays major geographic disparities and their performance differs across regions. We review an extensive literature showing that formal institutional factors play a key role in explaining variations in the diffusion of family firms and their performance. We also review a more neglected but rapidly emerging stream of research focusing on culture as a source of these variations. By providing a framework for current theories, findings and methods, we demonstrate how cultural elements such as trust, religion, family values and collectivism provide useful answers to where and why family firms exist, and how well they perform.

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文化在家族企业中的作用
尽管家族企业无处不在,但其普及程度却存在很大的地域差异,其表现也因地区而异。我们回顾了大量文献,这些文献表明,正式的制度因素在解释家族企业的传播及其绩效差异方面发挥着关键作用。此外,我们还回顾了一种较受忽视但正在迅速崛起的研究流派,其研究重点是将文化作为这些差异的根源。通过为当前的理论、研究结果和方法提供一个框架,我们展示了信任、宗教、家族价值观和集体主义等文化因素如何为家族企业的存在地点和原因以及它们的表现提供有用的答案。
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来源期刊
CiteScore
14.10
自引率
9.40%
发文量
124
期刊介绍: Small Business Economics: An Entrepreneurship Journal (SBEJ) publishes original, rigorous theoretical and empirical research addressing all aspects of entrepreneurship and small business economics, with a special emphasis on the economic and societal relevance of research findings for scholars, practitioners and policy makers. SBEJ covers a broad scope of topics, ranging from the core themes of the entrepreneurial process and new venture creation to other topics like self-employment, family firms, small and medium-sized enterprises, innovative start-ups, and entrepreneurial finance. SBEJ welcomes scientific studies at different levels of analysis, including individuals (e.g. entrepreneurs'' characteristics and occupational choice), firms (e.g., firms’ life courses and performance, innovation, and global issues like digitization), macro level (e.g., institutions and public policies within local, regional, national and international contexts), as well as cross-level dynamics. As a leading entrepreneurship journal, SBEJ welcomes cross-disciplinary research. Officially cited as: Small Bus Econ
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