Pub Date : 2018-12-01DOI: 10.1142/S0218495818500152
Moez Ben Yedder
Each year thousands of family business, mainly SMEs, fail in their succession process. Previous research holds that succession planning and management professionalization are the key elements for family business facing succession but tends to give little attention to the role of human resource management (HRM). This paper sheds light on the part that HRM can play to preserve family business at the risky stage of succession. A study was conducted with multiple qualitative case studies. The analysis was done at both intra-site and inter-site levels and based on the matrix analysis and display approach (Miles and Huberman, 2003). Our findings show that HRM can help to diminish the risk of family business succession by reducing the dependence to family management through personnel empowerment and improvement of organizational environment. However, potential positive HRM outcomes for succession are only possible given the condition of prior HRM professionalization and family management support.
{"title":"Human Resource Management in Family Business Succession: Victim or Saviour?","authors":"Moez Ben Yedder","doi":"10.1142/S0218495818500152","DOIUrl":"https://doi.org/10.1142/S0218495818500152","url":null,"abstract":"Each year thousands of family business, mainly SMEs, fail in their succession process. Previous research holds that succession planning and management professionalization are the key elements for family business facing succession but tends to give little attention to the role of human resource management (HRM). This paper sheds light on the part that HRM can play to preserve family business at the risky stage of succession. A study was conducted with multiple qualitative case studies. The analysis was done at both intra-site and inter-site levels and based on the matrix analysis and display approach (Miles and Huberman, 2003). Our findings show that HRM can help to diminish the risk of family business succession by reducing the dependence to family management through personnel empowerment and improvement of organizational environment. However, potential positive HRM outcomes for succession are only possible given the condition of prior HRM professionalization and family management support.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500152","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44307668","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-09-01DOI: 10.1142/S0218495818500127
Rosemond Boohene
Social capital and access to finance have been identified as key resources that influence the growth of small firms however, these variables have rarely been studied. This paper, therefore, examines the relationship between social capital and firm growth with access to finance as a moderating role. 250 small firms in the Kumasi Metropolis in Ghana were used for the study. Structural Equation Modelling using Partial Least Square (PLS) was used to analyze the data collected using area sampling. The results indicated that social capital does not directly influence firm growth. In addition, access to finance does not moderate the relationship between social capital and firm growth. However, a positive relationship was found between social capital and access to finance. Access to finance and firm growth, though significant, had a negative relationship. It is recommended that since social capital influences the capability to access finance, entrepreneurs should be encouraged to build more relationships within their networks. Moreover, government agencies and financial institutions should devise strategies that will reduce the interest rates so that though these small firms in Ghana can access finance, the high interest rates will not erode the gains they may achieve in the long run.
{"title":"Entrepreneur’s Social Capital and Firm Growth: The Moderating Role of Access to Finance","authors":"Rosemond Boohene","doi":"10.1142/S0218495818500127","DOIUrl":"https://doi.org/10.1142/S0218495818500127","url":null,"abstract":"Social capital and access to finance have been identified as key resources that influence the growth of small firms however, these variables have rarely been studied. This paper, therefore, examines the relationship between social capital and firm growth with access to finance as a moderating role. 250 small firms in the Kumasi Metropolis in Ghana were used for the study. Structural Equation Modelling using Partial Least Square (PLS) was used to analyze the data collected using area sampling. The results indicated that social capital does not directly influence firm growth. In addition, access to finance does not moderate the relationship between social capital and firm growth. However, a positive relationship was found between social capital and access to finance. Access to finance and firm growth, though significant, had a negative relationship. It is recommended that since social capital influences the capability to access finance, entrepreneurs should be encouraged to build more relationships within their networks. Moreover, government agencies and financial institutions should devise strategies that will reduce the interest rates so that though these small firms in Ghana can access finance, the high interest rates will not erode the gains they may achieve in the long run.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500127","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45553941","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-09-01DOI: 10.1142/S0218495818500097
Vilma Vuori, Jukka Vesalainen, Nina Helander
This study increases knowledge on SMEs as extended enterprises, particularly from the viewpoint of stakeholder involvement in firms’ R&D activity. Previous research holds that stakeholder involvement benefits firms’ R&D performance, but tends to approach stakeholder involvement by focusing on one or two stakeholder groups at a time. This paper explores the roles and intensity of involvement of different stakeholders in the R&D processes of SMEs and presents a 360-degree model based on prior research to empirically profile the SMEs to see where their gaps in the stakeholder potential are. The study was conducted with multiple qualitative case studies and contributes to the debates on SMEs’ R&D processes and stakeholder perspective on business. This research offers a synthetizing view of the involvement of different stakeholders’ in R&D, an approach that enables to consider SMEs as extended enterprises.
{"title":"SMEs as Extended Enterprises: A 360-Degree Model for Profiling SMEs Stakeholder Involvement in R&D","authors":"Vilma Vuori, Jukka Vesalainen, Nina Helander","doi":"10.1142/S0218495818500097","DOIUrl":"https://doi.org/10.1142/S0218495818500097","url":null,"abstract":"This study increases knowledge on SMEs as extended enterprises, particularly from the viewpoint of stakeholder involvement in firms’ R&D activity. Previous research holds that stakeholder involvement benefits firms’ R&D performance, but tends to approach stakeholder involvement by focusing on one or two stakeholder groups at a time. This paper explores the roles and intensity of involvement of different stakeholders in the R&D processes of SMEs and presents a 360-degree model based on prior research to empirically profile the SMEs to see where their gaps in the stakeholder potential are. The study was conducted with multiple qualitative case studies and contributes to the debates on SMEs’ R&D processes and stakeholder perspective on business. This research offers a synthetizing view of the involvement of different stakeholders’ in R&D, an approach that enables to consider SMEs as extended enterprises.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500097","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43382414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-09-01DOI: 10.1142/S0218495818500115
M. Mustafa, Fiona Gavin, M. Hughes
The individual entrepreneurial behavior of employees represents one of the primary antecedents of Corporate Entrepreneurship. The complex nature of ‘employee entrepreneurial behavior’ suggests that a myriad of contextual influences act on the emergence of such behavior. It is imperative that theorists and practitioners alike understand both the subtle and sophisticated ways in which context influences employee entrepreneurial behavior. To address these issues and encourage future work, this study performs a systematic literature review to provide an overview of the field and examines the influence of the job/role, organizational/work and external contexts on employee entrepreneurial behavior. Findings suggest that employee entrepreneurial behavior is an emergent research field and that its behaviors can manifest themselves in different ways compared to firm-level entrepreneurial behaviors. We also show the sophisticated manner in which different types of context influence employee entrepreneurial behavior.
{"title":"Contextual Determinants of Employee Entrepreneurial Behavior in Support of Corporate Entrepreneurship: A Systematic Review and Research Agenda","authors":"M. Mustafa, Fiona Gavin, M. Hughes","doi":"10.1142/S0218495818500115","DOIUrl":"https://doi.org/10.1142/S0218495818500115","url":null,"abstract":"The individual entrepreneurial behavior of employees represents one of the primary antecedents of Corporate Entrepreneurship. The complex nature of ‘employee entrepreneurial behavior’ suggests that a myriad of contextual influences act on the emergence of such behavior. It is imperative that theorists and practitioners alike understand both the subtle and sophisticated ways in which context influences employee entrepreneurial behavior. To address these issues and encourage future work, this study performs a systematic literature review to provide an overview of the field and examines the influence of the job/role, organizational/work and external contexts on employee entrepreneurial behavior. Findings suggest that employee entrepreneurial behavior is an emergent research field and that its behaviors can manifest themselves in different ways compared to firm-level entrepreneurial behaviors. We also show the sophisticated manner in which different types of context influence employee entrepreneurial behavior.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500115","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47144102","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-09-01DOI: 10.1142/S0218495818500103
M. Baluku, E. Bantu, Kathleen Otto
Applying Ajzen’s planned behavior theory, we study the impact of control beliefs (reflected by an internal locus of control) and normative beliefs (investigated via individualistic cultural orientation) on entrepreneurial attitudes and self-employment intentions of final year university students. We particularly explore the interactive effect of internal locus of control and culture when explaining entrepreneurial attitudes, which consequently shapes self-employment intentions. The data were collected at a German university and three universities in East Africa. We received 590 complete responses. We used PROCESS Macro to test our model and hypotheses. Our findings show that both internal locus of control and culture predict entrepreneurial attitudes and self-employment intention. The effects of international locus of control are mediated by entrepreneurial attitudes. Moreover, the indirect effect is further conditioned by culture. Theoretical and practical implications of these findings are discussed.
{"title":"Effect of Locus of Control on Entrepreneurial Attitudes and Self-Employment Intentions: The Moderating Role of Individualism","authors":"M. Baluku, E. Bantu, Kathleen Otto","doi":"10.1142/S0218495818500103","DOIUrl":"https://doi.org/10.1142/S0218495818500103","url":null,"abstract":"Applying Ajzen’s planned behavior theory, we study the impact of control beliefs (reflected by an internal locus of control) and normative beliefs (investigated via individualistic cultural orientation) on entrepreneurial attitudes and self-employment intentions of final year university students. We particularly explore the interactive effect of internal locus of control and culture when explaining entrepreneurial attitudes, which consequently shapes self-employment intentions. The data were collected at a German university and three universities in East Africa. We received 590 complete responses. We used PROCESS Macro to test our model and hypotheses. Our findings show that both internal locus of control and culture predict entrepreneurial attitudes and self-employment intention. The effects of international locus of control are mediated by entrepreneurial attitudes. Moreover, the indirect effect is further conditioned by culture. Theoretical and practical implications of these findings are discussed.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500103","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47381743","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-25DOI: 10.1142/S0218495818500048
A. Ghouri, N. Khan, O. Kareem, M. Shahbaz
This study aims to investigate the adaptation of internalization factors and employees’ competitive behavior in small and medium enterprises (SMEs). The empirical findings suggest that the integration of religious orientation brings better results along with the other determinants (subjective norm, attitude, behavior control and intention) of the Theory of Planned Behavior (TPB). Further, this study indicates the significant direct relationship between religious orientation, attitude, perceived control and intention with employee behavior, except for subjective norms and intention, which shows an insignificant relationship. This empirical findings suggest that owners and managers of SMEs should place some efforts in providing support to increase religious orientation in SMEs, as this would likely to enhance all other factors. This study reports unique empirical findings to support the generalizability of the theory while also adding a new facet to the TPB by using SMEs as a social lab and data from a developing country.
{"title":"Religiosity Effects on Employees in SMEs: An Islamic Country Perspective","authors":"A. Ghouri, N. Khan, O. Kareem, M. Shahbaz","doi":"10.1142/S0218495818500048","DOIUrl":"https://doi.org/10.1142/S0218495818500048","url":null,"abstract":"This study aims to investigate the adaptation of internalization factors and employees’ competitive behavior in small and medium enterprises (SMEs). The empirical findings suggest that the integration of religious orientation brings better results along with the other determinants (subjective norm, attitude, behavior control and intention) of the Theory of Planned Behavior (TPB). Further, this study indicates the significant direct relationship between religious orientation, attitude, perceived control and intention with employee behavior, except for subjective norms and intention, which shows an insignificant relationship. This empirical findings suggest that owners and managers of SMEs should place some efforts in providing support to increase religious orientation in SMEs, as this would likely to enhance all other factors. This study reports unique empirical findings to support the generalizability of the theory while also adding a new facet to the TPB by using SMEs as a social lab and data from a developing country.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500048","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45433874","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-25DOI: 10.1142/S0218495818500036
Thommie Burström, Jussi Harri, T. Wilson
This paper studies the dynamics of network development in early phases of venture development. Seven ventures were studied through interviews and visualization techniques. An equivocal three-phase process was studied — conceptualization, early foundation and early establishment. This paper defines network equivocality, draw on multiplexity theory and contributes by fine-tuning the concept of tie formation. The paper presents a conceptual model where the dynamics behind network development in early phases of venture development is explained. It is proposed that each phase of development is divided by knowledge boundaries. As ventures mature, they pass knowledge boundaries, and this passage triggers network transformation. Thus, the roles of both nascent firms and of multiplex network contacts change, and consequently tie formation also change. Three distinct tie formations are identified; esoteric, enlarged and exoteric.
{"title":"Nascent Entrepreneurs Managing in Networks: Equivocality, Multiplexity and Tie Formation","authors":"Thommie Burström, Jussi Harri, T. Wilson","doi":"10.1142/S0218495818500036","DOIUrl":"https://doi.org/10.1142/S0218495818500036","url":null,"abstract":"This paper studies the dynamics of network development in early phases of venture development. Seven ventures were studied through interviews and visualization techniques. An equivocal three-phase process was studied — conceptualization, early foundation and early establishment. This paper defines network equivocality, draw on multiplexity theory and contributes by fine-tuning the concept of tie formation. The paper presents a conceptual model where the dynamics behind network development in early phases of venture development is explained. It is proposed that each phase of development is divided by knowledge boundaries. As ventures mature, they pass knowledge boundaries, and this passage triggers network transformation. Thus, the roles of both nascent firms and of multiplex network contacts change, and consequently tie formation also change. Three distinct tie formations are identified; esoteric, enlarged and exoteric.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500036","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42001446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-25DOI: 10.1142/S0218495818500012
Jasna Auer Antoncic, B. Antoncic, Matjaz Gantar, R. Hisrich, Lawrence J. Marks, A. A. Bachkirov, Z. Li, P. Polzin, J. Borges, A. Coelho, Marja-Liisa Kakkonen
The personal characteristics of entrepreneurs can be importantly related to entrepreneurial startup intentions and behaviors. A country-moderated hypothesis including the relationship between an individual’s risk-taking propensity and entrepreneurship (behaviors or intentions of the person) was conceptually developed and empirically tested in this study. The data collection was performed through a structured questionnaire. Multinominal logistic regression was used for analyzing data obtained from 1,414 students in six countries. The crucial contribution of this research is the clarification of the character of risk-taking propensity in entrepreneurship and the indication that the risk-taking propensity-entrepreneurship relationship can be moderated contingent on power distance.
{"title":"Risk-Taking Propensity and Entrepreneurship: The Role of Power Distance","authors":"Jasna Auer Antoncic, B. Antoncic, Matjaz Gantar, R. Hisrich, Lawrence J. Marks, A. A. Bachkirov, Z. Li, P. Polzin, J. Borges, A. Coelho, Marja-Liisa Kakkonen","doi":"10.1142/S0218495818500012","DOIUrl":"https://doi.org/10.1142/S0218495818500012","url":null,"abstract":"The personal characteristics of entrepreneurs can be importantly related to entrepreneurial startup intentions and behaviors. A country-moderated hypothesis including the relationship between an individual’s risk-taking propensity and entrepreneurship (behaviors or intentions of the person) was conceptually developed and empirically tested in this study. The data collection was performed through a structured questionnaire. Multinominal logistic regression was used for analyzing data obtained from 1,414 students in six countries. The crucial contribution of this research is the clarification of the character of risk-taking propensity in entrepreneurship and the indication that the risk-taking propensity-entrepreneurship relationship can be moderated contingent on power distance.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500012","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44738910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-07-25DOI: 10.1142/S0218495818500024
Li Zhao, Lizhu Davis, L. Copeland
Consumers’ new shopping patterns and emerging technologies have created various opportunities, as well as challenges for fashion entrepreneurs. Entrepreneurship education plays a vital role in cultivating entrepreneurship and innovation, and can help to shape a person’s entrepreneurial disposition, skills, and competence (Kuratko, 2005), all of which are essential for realization of entrepreneurship in enterprises (Unger et al., 2011). Due to limited research on entrepreneurial intentions of fashion students, it is crucial to discover what factors are relatively more important for cultivating entrepreneurial intentions among fashion students. This study used in-depth interviews with open-ended questions from September 2016 to December 2016 to uncover valuable themes regarding this topic. Findings of this study indicate that both internal and external factors contribute to fashion students’ entrepreneurial intentions. The findings provide valuable insights for policy makers and fashion educators to promote entrepreneurship education and provide better support for fashion students to pursue entrepreneurial success.
消费者的新购物模式和新兴技术为时尚企业家带来了各种机遇和挑战。创业教育在培养创业和创新方面发挥着至关重要的作用，有助于塑造一个人的创业倾向、技能和能力（Kuratko，2005），所有这些都是在企业中实现创业的关键（Unger et al.，2011）。由于对时尚学生创业意愿的研究有限，因此，发现哪些因素对培养时尚学生的创业意愿相对更重要至关重要。本研究使用了2016年9月至2016年12月的开放式问题深度访谈，以揭示与该主题相关的有价值的主题。本研究的结果表明，内部和外部因素都有助于时尚学生的创业意愿。研究结果为政策制定者和时尚教育工作者推广创业教育提供了宝贵的见解，并为时尚学生追求创业成功提供了更好的支持。
{"title":"Entrepreneurial Intention: An Exploratory Study of Fashion Students","authors":"Li Zhao, Lizhu Davis, L. Copeland","doi":"10.1142/S0218495818500024","DOIUrl":"https://doi.org/10.1142/S0218495818500024","url":null,"abstract":"Consumers’ new shopping patterns and emerging technologies have created various opportunities, as well as challenges for fashion entrepreneurs. Entrepreneurship education plays a vital role in cultivating entrepreneurship and innovation, and can help to shape a person’s entrepreneurial disposition, skills, and competence (Kuratko, 2005), all of which are essential for realization of entrepreneurship in enterprises (Unger et al., 2011). Due to limited research on entrepreneurial intentions of fashion students, it is crucial to discover what factors are relatively more important for cultivating entrepreneurial intentions among fashion students. This study used in-depth interviews with open-ended questions from September 2016 to December 2016 to uncover valuable themes regarding this topic. Findings of this study indicate that both internal and external factors contribute to fashion students’ entrepreneurial intentions. The findings provide valuable insights for policy makers and fashion educators to promote entrepreneurship education and provide better support for fashion students to pursue entrepreneurial success.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500024","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42424148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-06-01DOI: 10.1142/S0218495818500085
M. Torchia, M. Rautiainen, A. Calabrò, Tuuli Ikäheimonen, Timo Pihkala, Markku Ikävalko
By focusing on family owners’ perceptions and dynamics the aim of this paper is to understand the specific goals associated to their ownership status and whether and to what extend they impact on family firms’ growth and continuity. We use survey data on Finnish family firms and identify a set of differentiated family owners’ goals. Our findings contribute to the debate on differentiating socioemotional wealth by untangling the existence of variations in family principals’ goal setting and the importance to also consider that financial motives could determine family owners’ goals.
{"title":"Family Ownership Goals and Socioemotional Wealth: Evidence from Finnish Family Firms","authors":"M. Torchia, M. Rautiainen, A. Calabrò, Tuuli Ikäheimonen, Timo Pihkala, Markku Ikävalko","doi":"10.1142/S0218495818500085","DOIUrl":"https://doi.org/10.1142/S0218495818500085","url":null,"abstract":"By focusing on family owners’ perceptions and dynamics the aim of this paper is to understand the specific goals associated to their ownership status and whether and to what extend they impact on family firms’ growth and continuity. We use survey data on Finnish family firms and identify a set of differentiated family owners’ goals. Our findings contribute to the debate on differentiating socioemotional wealth by untangling the existence of variations in family principals’ goal setting and the importance to also consider that financial motives could determine family owners’ goals.","PeriodicalId":45304,"journal":{"name":"Journal of Enterprising Culture","volume":null,"pages":null},"PeriodicalIF":0.8,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1142/S0218495818500085","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46795226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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