Journal•ISSN: 0894-4865
Family Business Review
SAGE Publishing
About: Family Business Review is an academic journal published by SAGE Publishing. The journal publishes majorly in the area(s): Corporate governance & Socioemotional selectivity theory. It has an ISSN identifier of 0894-4865. Over the lifetime, 846 publications have been published receiving 95789 citations. The journal is also known as: FBR.
Topics: Corporate governance, Socioemotional selectivity theory, Entrepreneurship, Business analysis, Succession planning
Papers published on a yearly basis
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TL;DR: The Resource-Based View (RBV) of competitive advantage as discussed by the authors provides a theoretical framework from the field of strategic management for assessing the competitive advantages of family firms by isolating idiosyncratic resources that are complex, intangible, and dynamic within a particular firm.
Abstract: The Resource-Based View (RBV) of competitive advantage provides a theoretical framework from the field of strategic management for assessing the competitive advantages of family firms. The RBV isolates idiosyncratic resources that are complex, intangible, and dynamic within a particular firm. The bundle of resources that are distinctive to a firm as a result of family involvement are identified as the “familiness” of the firm. This approach provides a research and practice method for assessing the specific behavioral and social phenomena within a firm that provide an advantage. Using a familiness model for assessing competitive advantage overcomes many of the problems associated with the generic claim that family companies have an advantage over nonfamily companies. It also provides a unified systems perspective of family firm performance.
1,846 citations
TL;DR: In this article, the authors make the case for the socioemotional wealth (SEW) approach as the potential dominant paradigm in the family business field and argue that SEW is the most important differentiator of the family firm as a unique entity and helps explain why family firms behave distinctively.
Abstract: This article makes the case for the socioemotional wealth (SEW) approach as the potential dominant paradigm in the family business field. The authors argue that SEW is the most important differentiator of the family firm as a unique entity and, as such, helps explain why family firms behave distinctively. In doing so, the authors review the concept of SEW, its different dimensions, and its links with other theoretical approaches. The authors also address the issue of how to measure this construct and offer various alternatives for operationalizing it. Finally, they offer a set of topics that can be pursued in future studies using the SEW approach.
1,592 citations
TL;DR: In this article, a review of 217 refereed articles on family business studies is presented, focusing on individual, interpersonal or group, organizational, and societal levels of analyses, and an assessment of the status of our current understanding at each level is provided and directions for future research are suggested.
Abstract: Based on a review of 217 refereed articles on family business studies, the literature is organized according to its focus on individual, interpersonal or group, organizational, and societal levels of analyses. An assessment of the status of our current understanding at each level is provided and directions for future research are suggested. A discussion of definitional issues, bases of distinctiveness, and family firm performance is used to help understand the domain or scope of the field. Methodological issues and strategies aimed to enhance the pace at which the field achieves a distinctive legitimate place in organizational studies are presented.
1,469 citations
TL;DR: In this paper, the authors provide a critical assessment of the relationship between family firms and performance measurement from the perspective of business history and, at the same time, suggest the potential contribution of historical analysis to theory building in this field.
Abstract: Performances have only recently been addressed in business history research, partly because of problems concerning data quality and availability. As a consequence, performance measurement in family firms has been a neglected area in historical studies. Family business historians are thus increasingly interested in this topic. However, the longitudinal perspective adopted requires a problematical approach to the concept of performance. This article provides a critical assessment of the relationship between family firms and performance measurement from the perspective of business history and, at the same time, suggests the potential contribution of historical analysis to theory building in this field.
1,379 citations
TL;DR: In this paper, the authors introduce the concept of the Bivalent Attributes, a unique, inherent feature of an organization that is the source of both advantages and disadvantages, to explain the dynamics of the family firm.
Abstract: Although family-owned and managed firms are the predominant form of business organization in the world today, little systematic research exists on these companies. This paper builds upon insights found in the emerging literature on these enterprises and upon our own observations to provide a conceptual framework to better understand these complex organizations. We introduce the concept of the Bivalent Attributes—a unique, inherent feature of an organization that is the source of both advantages and disadvantages— to explain the dynamics of the family firm.
1,186 citations