Pub Date : 2026-02-09DOI: 10.1177/08944865251414284
Peter Jaskiewicz, Donald O. Neubaum, Mattias Nordqvist, Evelyn Micelotta, G. Tyge Payne, Pramodita Sharma, Keith Brigham, Cristina Cruz, Joshua J. Daspit, Nadine Kammerlander, Philipp Sieger
{"title":"Looking Backward and Looking Forward: A Tribute to Don Neubaum—The Outgoing Editor of the Family Business Review","authors":"Peter Jaskiewicz, Donald O. Neubaum, Mattias Nordqvist, Evelyn Micelotta, G. Tyge Payne, Pramodita Sharma, Keith Brigham, Cristina Cruz, Joshua J. Daspit, Nadine Kammerlander, Philipp Sieger","doi":"10.1177/08944865251414284","DOIUrl":"https://doi.org/10.1177/08944865251414284","url":null,"abstract":"","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"163 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2026-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146146021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-01-31DOI: 10.1177/08944865251407725
Melanie Richards, Nadine Kammerlander
This study applies an identity theory lens to explore how the founder’s identity affects family firm philanthropy in later stages of the business. Our study’s insights derive from a philanthropy survey of key decision makers in international family firms. Our study finds that a Missionary founder identity increases the philanthropic engagement of family firms and that this effect is strengthened over family generations. Somewhat surprisingly, a Darwinian founder identity also increases philanthropy. This effect is likely to be weakened if family owners pursue transgenerational control intentions. Our research contributes to the literature on founder identities, philanthropy, and family firms.
{"title":"The Role of Missionary and Darwinian Founder Identities for Family Firm Philanthropy","authors":"Melanie Richards, Nadine Kammerlander","doi":"10.1177/08944865251407725","DOIUrl":"https://doi.org/10.1177/08944865251407725","url":null,"abstract":"This study applies an identity theory lens to explore how the founder’s identity affects family firm philanthropy in later stages of the business. Our study’s insights derive from a philanthropy survey of key decision makers in international family firms. Our study finds that a Missionary founder identity increases the philanthropic engagement of family firms and that this effect is strengthened over family generations. Somewhat surprisingly, a Darwinian founder identity also increases philanthropy. This effect is likely to be weakened if family owners pursue transgenerational control intentions. Our research contributes to the literature on founder identities, philanthropy, and family firms.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"41 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2026-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146098399","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-01-31DOI: 10.1177/08944865251412572
Christopher Pryor, Garry D. Bruton, Shaker A. Zahra
For family businesses in the world’s poorest economies, formalization—registering with the government and paying taxes and fees—has been found to lead to better performance. However, formalization may also lead to unexpected negative consequences. Drawing on institutional logics and family embeddedness perspectives and using a sample of family businesses in Eswatini, we find an inverted U-shaped association between businesses’ degree of formality and child work. We find that child work increases, then decreases, as family businesses move from informal, to semi-formal, to formal status. We also explore how entrepreneurs’ gender and family business performance moderate this relationship.
{"title":"The Relationship Between Formality and Child Work in Base-of-the-Pyramid Family Businesses","authors":"Christopher Pryor, Garry D. Bruton, Shaker A. Zahra","doi":"10.1177/08944865251412572","DOIUrl":"https://doi.org/10.1177/08944865251412572","url":null,"abstract":"For family businesses in the world’s poorest economies, formalization—registering with the government and paying taxes and fees—has been found to lead to better performance. However, formalization may also lead to unexpected negative consequences. Drawing on institutional logics and family embeddedness perspectives and using a sample of family businesses in Eswatini, we find an inverted U-shaped association between businesses’ degree of formality and child work. We find that child work increases, then decreases, as family businesses move from informal, to semi-formal, to formal status. We also explore how entrepreneurs’ gender and family business performance moderate this relationship.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"36 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2026-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146098401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-01-31DOI: 10.1177/08944865251407786
Miriam Foerch, Reinhard Prügl
Drawing on social identity theory, we explore the social identities of next-generation founders from business families and how these shape their venture creation activities. We find that differences in the valence and interplay of family-internal—such as family expectations and legacy—and family-external identity considerations—including peer influences—shape founders’ self-conceptions, yielding three identity types: legacy preservers, independence seekers, and identity integrators. These guide key venture creation activities, including opportunity identification, business model development, resource mobilization, and strategic vision. This study contributes by developing next-generation founder identities, linking them to action around venture creation, and broadening the understanding of entrepreneurship beyond succession.
{"title":"Differences in New Venture Creation Activities Among Next-Generation Business Family Members: A Social Identity Perspective","authors":"Miriam Foerch, Reinhard Prügl","doi":"10.1177/08944865251407786","DOIUrl":"https://doi.org/10.1177/08944865251407786","url":null,"abstract":"Drawing on social identity theory, we explore the social identities of next-generation founders from business families and how these shape their venture creation activities. We find that differences in the valence and interplay of family-internal—such as family expectations and legacy—and family-external identity considerations—including peer influences—shape founders’ self-conceptions, yielding three identity types: legacy preservers, independence seekers, and identity integrators. These guide key venture creation activities, including opportunity identification, business model development, resource mobilization, and strategic vision. This study contributes by developing next-generation founder identities, linking them to action around venture creation, and broadening the understanding of entrepreneurship beyond succession.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"23 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2026-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146098402","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2026-01-07DOI: 10.1177/08944865251393305
Isabell Stamm, Allan Sandham
Intra-family succession is at the heart of what makes family business unique. To explain why businesses are (not) transferred within the family, this article adopts a macroperspective, viewing succession as a specific transfer regime. Portraying the case of Germany since the 1990s, we show how this transfer regime has been changed. Using document analysis and expert interviews, we show when, how, and why the configuration of the intra-family succession regime was altered and an “exit regime” emerged. In this new regime, the family as owner is problematized, and ownership transfer is coordinated through matchmaking, which increases the importance of business intermediaries.
{"title":"A Bird’s-Eye View on Family Business Succession: Ownership Transfer Regimes and How They Change","authors":"Isabell Stamm, Allan Sandham","doi":"10.1177/08944865251393305","DOIUrl":"https://doi.org/10.1177/08944865251393305","url":null,"abstract":"Intra-family succession is at the heart of what makes family business unique. To explain why businesses are (not) transferred within the family, this article adopts a macroperspective, viewing succession as a specific transfer regime. Portraying the case of Germany since the 1990s, we show how this transfer regime has been changed. Using document analysis and expert interviews, we show when, how, and why the configuration of the intra-family succession regime was altered and an “exit regime” emerged. In this new regime, the family as owner is problematized, and ownership transfer is coordinated through matchmaking, which increases the importance of business intermediaries.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"23 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2026-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145908094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-11-21DOI: 10.1177/08944865251393043
Qiuyue Lyu, Junsheng Dou, Hanqing “Chevy” Fang, Alfredo De Massis
Non-family managers play a crucial role in fostering innovation within family firms, yet their impact remains debated due to inconsistent research findings and a lack of comprehensive synthesis. This study integrates this effect through a meta-analysis of 213 effect sizes from 101 studies. The results demonstrate a positive influence of non-family managers on firm innovation, with a stronger effect on inputs than on outputs. Furthermore, this study identifies key governance and managerial contingencies at the firm level. First-generation control weakens this relationship, while non-family TMTs strengthen it. The implications for theory and practice are discussed, with suggestions for future research.
{"title":"Non-family Managers and Innovation in Family Firms: A Meta-Analysis","authors":"Qiuyue Lyu, Junsheng Dou, Hanqing “Chevy” Fang, Alfredo De Massis","doi":"10.1177/08944865251393043","DOIUrl":"https://doi.org/10.1177/08944865251393043","url":null,"abstract":"Non-family managers play a crucial role in fostering innovation within family firms, yet their impact remains debated due to inconsistent research findings and a lack of comprehensive synthesis. This study integrates this effect through a meta-analysis of 213 effect sizes from 101 studies. The results demonstrate a positive influence of non-family managers on firm innovation, with a stronger effect on inputs than on outputs. Furthermore, this study identifies key governance and managerial contingencies at the firm level. First-generation control weakens this relationship, while non-family TMTs strengthen it. The implications for theory and practice are discussed, with suggestions for future research.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"456 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2025-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145575719","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-10-17DOI: 10.1177/08944865251380604
Alexandra Dawson
This research on family business goal formation examines a longitudinal case study of a family and its business, going “from rags to riches to rags again” over 140 years and four generations. Complementing family business literature on economic and noneconomic goals and the socioemotional wealth lens with self-determination theory, the analysis provides the basis for a process model of family business goal formation. This model highlights individual-level mechanisms through which firm-level objectives emerge. It also illustrates the interaction of the owner’s individual motivation with the family level while taking into account the influence of the business and external context.
{"title":"Family Business Goal Formation: Exploring Individual Motivation and the Interaction with Family, Business, and Context","authors":"Alexandra Dawson","doi":"10.1177/08944865251380604","DOIUrl":"https://doi.org/10.1177/08944865251380604","url":null,"abstract":"This research on family business goal formation examines a longitudinal case study of a family and its business, going “from rags to riches to rags again” over 140 years and four generations. Complementing family business literature on economic and noneconomic goals and the socioemotional wealth lens with self-determination theory, the analysis provides the basis for a process model of family business goal formation. This model highlights individual-level mechanisms through which firm-level objectives emerge. It also illustrates the interaction of the owner’s individual motivation with the family level while taking into account the influence of the business and external context.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"91 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2025-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145311021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-10-10DOI: 10.1177/08944865251369943
Patricio Duran, Santiago Mingo, Michael Carney
Despite the prevalence of publicly listed family-controlled firms (FCFs) in high-technology sectors, the impact of family control on their corporate venture capital (CVC) strategy remains largely unexplored. Using socioemotional wealth (SEW) theory, we posit that FCFs in high-technology sectors are less likely to invest in CVC and, when they do, make fewer but larger CVC investments to enhance influence over startups and reduce risk. However, board independence can limit FCFs’ SEW-driven CVC investment behavior. Empirical evidence from a sample of U.S. publicly listed firms in three high-technology sectors supports most of our hypotheses.
{"title":"Publicly Listed Family-Controlled Firms and Corporate Venture Capital","authors":"Patricio Duran, Santiago Mingo, Michael Carney","doi":"10.1177/08944865251369943","DOIUrl":"https://doi.org/10.1177/08944865251369943","url":null,"abstract":"Despite the prevalence of publicly listed family-controlled firms (FCFs) in high-technology sectors, the impact of family control on their corporate venture capital (CVC) strategy remains largely unexplored. Using socioemotional wealth (SEW) theory, we posit that FCFs in high-technology sectors are less likely to invest in CVC and, when they do, make fewer but larger CVC investments to enhance influence over startups and reduce risk. However, board independence can limit FCFs’ SEW-driven CVC investment behavior. Empirical evidence from a sample of U.S. publicly listed firms in three high-technology sectors supports most of our hypotheses.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"2 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2025-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145261027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-09-27DOI: 10.1177/08944865251370851
Sarah Burrows, Craig Crossley, Catherine Faherty, James G. Combs
Family firms enjoy strong reputations, but deep ties between family and business make them vulnerable to reputational threats. We examined the psychological ownership (PO) gap between family and nonfamily employees and its effect on reputational defense behaviors, theorizing stewardship climate as one way to inspire nonfamily employees to defend the firm’s reputation “like family.” Using a multisource study of Irish family firms, we show that stewardship climates elevate nonfamily employees’ PO, motivating them to defend the firm’s reputation. Our study validates a new firm-level measure of reputational defense behavior and reveals the power of stewardship, especially when reputation feels threatened.
{"title":"Guardians of Reputation: How Stewardship Climate Mobilizes Nonfamily Employees to Defend Against Reputational Threats","authors":"Sarah Burrows, Craig Crossley, Catherine Faherty, James G. Combs","doi":"10.1177/08944865251370851","DOIUrl":"https://doi.org/10.1177/08944865251370851","url":null,"abstract":"Family firms enjoy strong reputations, but deep ties between family and business make them vulnerable to reputational threats. We examined the psychological ownership (PO) gap between family and nonfamily employees and its effect on reputational defense behaviors, theorizing stewardship climate as one way to inspire nonfamily employees to defend the firm’s reputation “like family.” Using a multisource study of Irish family firms, we show that stewardship climates elevate nonfamily employees’ PO, motivating them to defend the firm’s reputation. Our study validates a new firm-level measure of reputational defense behavior and reveals the power of stewardship, especially when reputation feels threatened.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"39 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2025-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145181190","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-08-01DOI: 10.1177/08944865251361198
Susan Lanz, Gary Burke, Kajsa Haag, Omid Omidvar
Despite the importance of family ownership in family business, limited attention has been given to the interplay between evolving family contexts, unpredictable life courses, and ownership transfer choices. Based on a study of ownership transfer narratives of 27 members of business families, we investigate how shifts in family life precipitate different types of intrafamily ownership transfers. Drawing on life course theory, we find that changing family lives and events precipitate three types of ownership transfers: symbolic, protectionist, and rebalancing. We advance a theoretical framework which contributes more nuanced insights into processual and temporal aspects of ownership transfer embedded in family dynamics.
{"title":"Family Lives in Motion: Toward a Life Course Process Theory of Ownership Transfer in Business-Owning Families","authors":"Susan Lanz, Gary Burke, Kajsa Haag, Omid Omidvar","doi":"10.1177/08944865251361198","DOIUrl":"https://doi.org/10.1177/08944865251361198","url":null,"abstract":"Despite the importance of family ownership in family business, limited attention has been given to the interplay between evolving family contexts, unpredictable life courses, and ownership transfer choices. Based on a study of ownership transfer narratives of 27 members of business families, we investigate how shifts in family life precipitate different types of intrafamily ownership transfers. Drawing on life course theory, we find that changing family lives and events precipitate three types of ownership transfers: symbolic, protectionist, and rebalancing. We advance a theoretical framework which contributes more nuanced insights into processual and temporal aspects of ownership transfer embedded in family dynamics.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"58 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144766119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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