Journal ArticleDOI
Goal Orientation and Performance of Family Businesses
Yoon G. Lee,Maria I. Marshall +1 more
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In this paper, the authors examined the influence of goal orientation on family business performance and found that setting a business goal such as growth or a positive reputation with customers had a significant and positive impact on business performance.Abstract:
Family businesses consist of family members pooling their resources together to achieve a particular goal for the family business. The objectives of this study were to profile the characteristics of the family businesses and business owners by owners’ goal orientation and to examine the influence of goal orientation on family business performance. The mean differences in values of business size, business age, and business liabilities were statistically significant by owners’ goal orientation. The major findings of this study suggest that owner goal orientation had a statistically significant effect on business performance. Specifically, setting a business goal such as growth or a positive reputation with customers had a significant and positive impact on family business performance.read more
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Image and reputation of family firms: a systematic literature review of the state of research
Martina Sageder,Martina Sageder,Christine Mitter,Christine Mitter,Birgit Feldbauer-Durstmüller +4 more
TL;DR: In this article, the authors provide an inventory of and structure for extant research on the image and reputation of family firms, and summarize the ways in which the public perceives family firms and existing influencing factors, courses of action and impacts.
Journal ArticleDOI
Family Firm Goals and their Effects on Strategy, Family and Organization Behavior: A Review and Research Agenda
Ralph I. Williams,Torsten M. Pieper,Franz W. Kellermanns,Franz W. Kellermanns,Joseph H. Astrachan +4 more
TL;DR: In this article, the authors take stock of what they know about goals in family business and classify the research into five categories: family business goal antecedents; goal characteristics; goal-related outcomes; moderators of goal outcomes; and feedback loop.
Journal ArticleDOI
Reputation of family firms from a customer perspective
TL;DR: Zhang et al. as discussed by the authors examined the impact of family ownership on reputation and customer loyalty and found that family firms are rated higher in terms of customer orientation, social and environmental respon-sibility and other reputation factors.
Journal ArticleDOI
Family Businesses and Adaptation: A Dynamic Capabilities Approach
TL;DR: The usefulness of the proposed framework centred on the dynamic capabilities approach to be applied in the context of family businesses’ adaption to their changing business environment was confirmed and implications and future research opportunities are presented.
References
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Journal Article
Building a Practically Useful Theory of Goal Setting and Task Motivation
Edwin A. Locke,Gary P. Latham +1 more
TL;DR: The authors summarize 35 years of empirical research on goal-setting theory, describing the core findings of the theory, the mechanisms by which goals operate, moderators of goal effects, the relation of goals and satisfaction, and the role of goals as mediators of incentives.
Journal ArticleDOI
A Theory of Goal Setting and Task Performance
TL;DR: This article reviewed the book "A Theory of Goal Setting and Task Performance" by Edwin A. Locke and Gary P. Latham and found it to be a good introduction to goal setting and task performance.
Journal ArticleDOI
Building a practically useful theory of goal setting and task motivation. A 35-year odyssey.
Edwin A. Locke,Gary P. Latham +1 more
TL;DR: In this paper, the authors summarize 35 years of empirical research on goal-setting theory and describe the core findings of the theory, the mechanisms by which goals operate, moderators of goal effects, the relation of goals and satisfaction, and the role of goals as mediators of incentives.
Journal ArticleDOI
Survival of the Fittest? Entrepreneurial Human Capital and the Persistence of Underperforming Firms
Journal ArticleDOI
Research on Women Business Owners: Past Trends, a New Perspective and Future Directions
TL;DR: The number of women starting and owning their own businesses has grown dramatically over the past decade as discussed by the authors and concurrent with this trend, there has been an increase in the number of research studies.
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Research Note: Comparison of Small Businesses with Family Participation versus Small Businesses Without Family Participation: An Investigation of Differences in Goals, Attitudes, and Family/Business Conflict
Myung-Soo Lee,Edward G. Rogoff +1 more