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Entrepreneurship: Theory and Practice articles from June 2004
This scholarly journal publishes original papers and conceptual and empirical articles in the field of entrepreneurship, including national and international studies of enterprise creation, small business management, minority issues in entrepreneurship, and more.
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Entrepreneurship: Theory and Practice archives from June 2004
Entrepreneurial management and governance in family firms: an introduction.
June 22, 2004... Many organizations, ranging from small entrepreneurial start-ups to large, multi-business and multi-national enterprises, exhibit a family dimension. Although there is much evidence that this familial dimension is pervasive in organizing...
Toward an integrative model of effective FOB succession.(family owned businesses)
June 22, 2004... Given that less than 10% of family owned businesses (FOBs) survive into the third generation, the issue of top executive succession has received a good deal of attention. Unfortunately, the literature on the topic is fragmented, as it deals...
Enhancing succession research in the family firm: a commentary on "toward an integrative model of effective FOB succession".
June 22, 2004... In their 1994 article on executive succession, Kesner and Sebora (p. 362) stated that:
"Developing and testing theory is similar to putting together
a jigsaw puzzle. Individual pieces of the puzzle are linked
together, first in...
Comparing the agency costs of family and non-family firms: conceptual issues and exploratory evidence.
June 22, 2004... Family involvement in a business has the potential to both increase and decrease financial performance due to agency costs. In this article we discuss the different nature of agency costs in family firms and specify the combination of...
Self-serving or self-actualizing? Models of man and agency costs in different types of family firms: a commentary on "Comparing the agency costs of family and non-family firms: conceptual issues and exploratory evidence".(impact of agency or stewardship relationships on firms)
June 22, 2004... In their article "Comparing the agency costs of family and non-family firms: Conceptual issues and exploratory evidence," Chrisman, Chua, & Litz (2004) develop a conceptualization and empirical investigation of the effects of agency...
Entrepreneurship in family vs. non-family firms: a resource-based analysis of the effect of organizational culture.
June 22, 2004... Organizational culture is an important strategic resource that family firms can use to gain a competitive advantage. Drawing upon the resource-based view (RBV) of the firm, this study examines the association between four dimensions of...
A commentary on "entrepreneurship in family vs. non-family firms: a resource-based analysis of the effect of organizational culture".(Column)
June 22, 2004... Introduction
Organizational culture has long been identified as an important dimension of the family firm (Dyer, 1986, 1988; Owen & Rowe, 1995). Using a framework of a resource-based view, Zahra, Hayton, and Salvato (2003) have further...
Family control and the rent-seeking society.
June 22, 2004... A high level of trust within a small elite, like a low level of trust in society at large, may be a serious impediment to economic development. This is because such concentrated high trust among the elite promotes political rent seeking, known...