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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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Personalism, particularism, and the competitive behaviors and advantages of family firms: an introduction.
November 1, 2006... Fundamental assumptions of any theory of the family firm are that family firms will behave in ways that differ from nonfamily firms, and that the behaviors of family firms will also exhibit substantial variations. This special issue includes a...
Why do some family businesses out-compete? Governance, long-term orientations, and sustainable capability.
November 1, 2006... This article seeks to link the domains of corporate governance, investment policies, competitive asymmetries, and sustainable capabilities. Conditions such as concentrated ownership, lengthy tenures, and profound business expertise give some...
Family businesses can out-compete: as long as they are willing to question the chosen path.
November 1, 2006... This commentary extends the discussion of whether CEO tenure will lead to strategies that have a longer-term orientation by examining the moderating role of task conflict which may either foster a decision-making context in which a long-term...
Interorganizational familiness: how family firms use interlocking directorates to build community-level social capital (1).
November 1, 2006... We draw on the concept of community-level social capital and apply it to the situation of a family-controlled public corporation. While traditional agency theory argues that agency costs are minimized in a family-controlled business (FCB) due...
How family firms solve intra-family agency problems using interlocking directorates: an extension.
November 1, 2006... This commentary makes two contributions to a better understanding of interlocking directorates in family firms. First, we compare agency costs in family and nonfamily firms. Second, we present additional propositions on how interlocking...
Family firms and social responsibility: preliminary evidence from the S&P 500.
November 1, 2006... Little is known about the impact of family ownership and management on corporate social performance. Some scholars have suggested that family firms are not likely to act in a socially responsible manner, while others have indicated that...
Commentary: "family firms and social responsibility: preliminary evidence from the S&P 500".
November 1, 2006... This commentary focuses on four themes: (1) empirical relevance of corporate social responsibility (CSR) in family firms; (2) complementary theoretical explanations to CSR behavior in family firms; (3) the need for stringent definitions in...
Corporate entrepreneurship in family firms: a family perspective.
November 1, 2006... Entrepreneurship has been recognized as an important factor contributing to firm success. Despite the potential benefit of corporate entrepreneurship to sustain the family firm across generations, corporate entrepreneurship has been...
The complicating factor of life cycles in corporate venturing.
November 1, 2006... Does family matter in corporate venturing? Converting the question, can a family firm survive without corporate venturing? Life cycle theory contends that it is normal for an organization to form, grow, mature, decline, and die. Long-term...
Are we family and are we treated as family? Nonfamily employees' perceptions of justice in the family firm.
November 1, 2006... The importance of justice perceptions in fostering positive job attitudes and value-creating behaviors in organizations is well established in the literature. Despite this, only a handful of studies have addressed justice in family firms, and...
Commentary: "are we family and are we treated as family? Nonfamily employees' perceptions of justice in the family firm": it all depends on perceptions of family, fairness, equity, and justice.
November 1, 2006... Introduction
"Are we family and are we treated as family..." has addressed an understudied yet important aspect of family-owned and managed firms: the management of the nonfamily human resources. It addresses the perceptions of fairness,...
Altruism and agency in the family firm: exploring the role of family, kinship, and ethnicity.
November 1, 2006... This article examines the relationship between altruism and agency costs in family business through an in-depth case study of a family firm. We found that altruism reduced agency costs in the early stages of the business, but that agency...
Commentary: a framework for managing the familiness and agency advantages in family firms.
November 1, 2006... This article uses a family-influenced, international, new venture creation case as a platform for addressing the importance of context when exploring entrepreneurship in start-up and growth companies. I raise crucial issues about how agency...
If theories of family enterprise really do matter, so does change in management education.
November 1, 2006... This article focuses on family business as an emerging field within management studies. Drawing on a purposive sample of 10 articles presented at a recent academic conference as illustrative of current research in family business, we contend...