Showing papers in "Journal of Family Business Strategy in 2014"

TL;DR: In this paper, the authors present a non-technical introduction to the basic concepts and issues of PLS-SEM, bearing the needs of potential users in mind, and illustrate the analysis of mediating effects.

TL;DR: In this article, the authors provide guidelines for choosing the case study design, defining the unit of analysis, selecting cases (sampling), collecting information, analysing information, presenting results and ensuring validity and reliability in research findings.

TL;DR: It is found that even though both methods analyze measurement theory and structural path models, there are many advantages in applying PLS-SEM.

TL;DR: In this paper, the authors argue that family management is positively related to profitability at later generational stages, when a decreased need for socioemotional wealth preservation induces family managers to focus more on increasing financial wealth.

TL;DR: In this article, the authors focus on three family governance mechanisms (family meetings, family councils and family constitutions) and identify eight family governance-related factors, which are then grouped into antecedents, correlates and outcomes and consolidated into a conceptual model.

TL;DR: In this paper, the authors investigated whether organisational-based and job-based psychological ownership has an impact on extra-role behaviours and employees' level of work engagement in family businesses.

TL;DR: In this paper, the authors assess performance differences between family and non-family firms, taking into account the Portuguese and the Spanish stock markets, and show that who manages the family firm does matter through influence on a firm's risk exposure and financial performance.

TL;DR: In this paper, the authors draw on the resource-based view of the firm and the upper echelons theoretical perspective to position family influence, family business culture and flexible planning systems as drivers of firm innovativeness, and subsequently firm performance.

TL;DR: In this paper, the authors argue that real-world family firms are not binary entities and can be better characterized by heterogeneous configurations formed by different components of family involvement in the enterprise.

TL;DR: In this paper, the authors analyse how family dynamics affect the setting of non-financial goals suggesting that this influence is mediated by the family's degree of identification with the firm and propose that a positive family climate in terms of cohesion, open communication and intergenerational attention generates a greater identification of the family with the company.

TL;DR: In this paper, the authors demonstrate how the various paternalistic leadership styles practiced by predecessors influence the attitudes, subjective norms and perceived behavioural control of successors in family firms and the extent to which these factors influence a successor's perceptions of the quality of the succession process.

TL;DR: In this article, a systematic review of the literature on socioemotional wealth, the essence of family business, and familiness has been conducted to identify what makes family businesses unique and distinct from non-family businesses.

TL;DR: In this article, the effect of the extent of separation between ownership and management on tax aggressiveness of private family firms was investigated. And the authors showed that firms with a lower CEO ownership share are more tax aggressive whereas the presence of an outside director in their board mitigated this direct effect.

TL;DR: In this article, the authors investigated the relationship between a family business CEO's autonomy and stewardship behavior and found that psychological ownership mediates the autonomy-stewardship relationship.

TL;DR: In this article, the authors argue that family and founder firms differ from other firms with respect to corporate social responsibility concerns, and they further argue that the ownership and management dimensions of founder firms have opposite effects.

TL;DR: This paper analyzed the requirements that family successors must fulfill to be considered suitable successors from three perspectives: the recommended attributes and exigencies of family successors in the literature, generate a general requirement profile and compare this profile with predecessors' expectations and successors' perceptions of requirements based on data extracted from 106 interviews with 53 families.

TL;DR: This article reviewed the past 30 years of analytic and statistical methods used by family business researchers and explored the many reasons for studying research methods, especially in family business, and examined the progression and development of methodologies, sample sizes and related methodological issues.

TL;DR: In this paper, the authors examined two components of family firm social capital, organizational efficacy and interorganizational trust, and their influence on performance in family and non-family firms.

TL;DR: In this article, the authors explore the process of discrete emotional response and the factors that elicit emotions of family members in the context of the family business system and identify the consequences of discrete emotions.

TL;DR: A more in-depth and granular understanding of the complexities of trust, commitment and relationships in family business, often challenging established paradigms and common wisdom is provided in this article.

TL;DR: In this paper, the role and impact of emotions in family business strategy is explored and synthesized in a special issue focusing on the role of emotion in decision-making in family businesses.

TL;DR: In this article, the authors examined the function and governance of successor leadership groups in family firms and concluded that the use of multiple successors can be an indicator of trust on the part of the incumbent family firm leader as well as a catalyst for building mutual trust among members of successor groups.

TL;DR: In this paper, the authors investigate two strategic postures, entrepreneurial orientation (EO) and small business orientation (SBO), and their relationships with firm performance, revealing significant differences between family and non-family firms.

TL;DR: This paper explored the effects of information provided in initial recruitment messages on perceptions about attributes of the organisation (i.e., job security, advancement, compensation, and prestige) and how these perceptions influence attractiveness to a firm.

TL;DR: The Commitment-Trust theory and the F-PEC scale of family influence were utilized in a 6-construct model that examines family influence in retailer-vendor strategic partnerships in the United States as mentioned in this paper.

TL;DR: Correspondence analysis is a method that is seldom used in family business research, but could likely facilitate improved interpretation and communication of qualitative research results as discussed by the authors, and an example of its application to a family business business research study.

TL;DR: In this article, the authors provide a buyers' perspective on the valuation of the family firm and argue that prior family involvement provides the PE buyer with a distinct landscape of real options that require consideration.

TL;DR: It is argued that Bayesian methods are well suited to account for the significant heterogeneity that exists in the population of family firms.

TL;DR: In this paper, the role of cognitive biases in failed external party takeovers was investigated and the authors identified five common managerial errors that are associated with external acquirers' cognitive biases.