Nicole Gottschalck , Lisa Rolan , Franz W. Kellermanns
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This study seeks to extend the classic socio-emotional and stewardship perspective on family CEOs with a complementary rational-economic perspective on their agentic behavior. To this end, using a sample of 103 top executives of U.S. family firms, we investigate the relationship between continuance commitment of family CEOs and their perceptions of family cohesion and discuss how this relationship is moderated by firm performance. Integrating insights from research on organizational behavior into the family business literature, we discuss how key decision makers in the family business context engage in rational cost-benefit analyses regarding their own personal investments in the firm. Our findings suggest that the continuance commitment of family CEOs interacts with performance to enhance perceptions of family cohesion.
期刊介绍：
The Journal of Family Business Strategy takes an international perspective, providing a platform for research that advances our understanding of family businesses. Welcoming submissions across various dimensions, the journal explores the intricate interplay between family dynamics and business operations, contributing new insights to this specialized field.
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