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Publications (10 of 51) Show all publications
Pittino, D., Chirico, F., Baù, M., Villasana, M., Naranjo-Priego, E. E. & Barron, E. (2020). Starting a family business as a career option: The role of the family household in Mexico. The Journal of Family Business Strategy
Open this publication in new window or tab >>Starting a family business as a career option: The role of the family household in Mexico
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2020 (English)In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593Article in journal (Refereed) Accepted
Abstract [en]

This study analyses the determinants of an individual’s intention to start up a new venture thatinvolves family members. Building on the family embeddedness perspective, we hypothesize theexistence of an inverted U-shaped relationship between the number of individuals in a familyhousehold and the intention to start a family business. Moreover, we argue that this relationship ismoderated by the household income and the individual’s education level. With supportiveempirical results based on data from the Global Entrepreneurship Monitor (GEM) from Mexico,our work contributes to research on family embeddedness and entrepreneurial career intentionsby identifying the importance of household-level factors in the family business start-up decision,and by depicting such decision as a distinctive career option in terms of self-employment.

Place, publisher, year, edition, pages
Elsevier, 2020
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-47426 (URN);IHHCeFEOIS (Local ID);IHHCeFEOIS (Archive number);IHHCeFEOIS (OAI)
Available from: 2020-01-16 Created: 2020-01-16 Last updated: 2020-01-16
Naldi, L., Baù, M., Ahl, H. & Markowska, M. (2019). All about My Mother: Factors Influencing Women’s Entrepreneurship. In: Academy of Management Proceedings: . Paper presented at 79th Annual Meeting of the Academy of Management, August 9-13, 2019, Boston, Massachusetts, United States.. Academy of Management, 1
Open this publication in new window or tab >>All about My Mother: Factors Influencing Women’s Entrepreneurship
2019 (English)In: Academy of Management Proceedings, Academy of Management , 2019, Vol. 1Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

Using data on all businesses started by mothers of young children in Sweden between 2000 and 2014, we investigate what factors are the most important drivers of entrepreneurship among mothers. We find that being unemployed or being an immigrant are important drivers of entrepreneurship among mothers. However, our findings show that the most important and primary determinant of entrepreneurship by mothers in Sweden is the amount of paternity leave taken by their partners. These findings suggest that in institutional contexts such as Sweden gender inequality is not a persistent feature of most households and that women can make career choices by negotiating with their partners who will make use of the parental benefits offered by the government.

Place, publisher, year, edition, pages
Academy of Management, 2019
National Category
Business Administration Gender Studies
Identifiers
urn:nbn:se:hj:diva-45625 (URN)10.5465/AMBPP.2019.12794abstract (DOI)
Conference
79th Annual Meeting of the Academy of Management, August 9-13, 2019, Boston, Massachusetts, United States.
Available from: 2019-08-29 Created: 2019-08-29 Last updated: 2019-08-29Bibliographically approved
Chirico, F., Baù, M. & Schulze, W. S. (2019). Are Family Firms Loss Averse?. In: Academy of Management Proceedings: Academy of Management. Paper presented at 79th Annual Meeting of the Academy of Management, August 9-13, 2019, Boston, Massachusetts, United States..
Open this publication in new window or tab >>Are Family Firms Loss Averse?
2019 (English)In: Academy of Management Proceedings: Academy of Management, 2019Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

A substantial stream of research has examined how strategic decision making in family-controlled firms is driven by a concern for safeguarding its socioemotional wealth (SEW), or the “affect related value embedded in the family firm” (Gomez-Mejia et al, 2007: 108). Proponents of this theory argue that because family owners and strongly identify with their firm (Cannella, Jones & Withers, 2015; Deephouse & Jaskiewicz, 2013), they routinely prioritize non-economic goals. In this study, we propose an alternative framing based on social identity. Using a panel study of private Swedish firms, we develop theory and find support for our claim that the concern for social identity gives family firms incentives to pursue penetration strategies and make related acquisitions in their core markets, and to offset the risks of that strategy by making diversifying unrelated) in peripheral markets. A reversal of this strategy when financial implications are averse supports the conclusion that family firms are not loss averse. Implications for BAM-based models of SEW are addressed.

Keywords
strategic decision making; family business; socioemotional wealth; acquisitions
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-47230 (URN)10.5465/AMBPP.2019.16375abstract (DOI)
Conference
79th Annual Meeting of the Academy of Management, August 9-13, 2019, Boston, Massachusetts, United States.
Available from: 2020-01-06 Created: 2020-01-06 Last updated: 2020-01-06
Haag, K., Almlöf, H. & Baù, M. (2019). Disentangling ownership transfer. In: : . Paper presented at International Family Enterprise Research Academy (Ifera) 17-21 of June, Bergamo, Italy.
Open this publication in new window or tab >>Disentangling ownership transfer
2019 (English)Conference paper, Oral presentation with published abstract (Refereed)
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-47076 (URN)
Conference
International Family Enterprise Research Academy (Ifera) 17-21 of June, Bergamo, Italy
Available from: 2019-12-13 Created: 2019-12-13 Last updated: 2019-12-13Bibliographically approved
Naldi, L., Baù, M., Ahl, H. & Markowska, M. (2019). Gender (in)equality within the household and business start-up among mothers. Small Business Economics
Open this publication in new window or tab >>Gender (in)equality within the household and business start-up among mothers
2019 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913Article in journal (Refereed) Epub ahead of print
Abstract [en]

Using data on all businesses started by mothers of young children in Sweden between 2000 and 2014, we explore which factors are associated with entrepreneurship among mothers. We find that being unemployed or being an immigrant is positively associated with business start-up by mothers; however, our findings show that what matters more is the paternity leave taken by the mothers’ partners. These findings suggest that in institutional contexts such as Sweden, gender inequality is not a persistent feature of most households and that women can make career choices by negotiating with their partners who will make use of the parental benefits offered by the government.

Place, publisher, year, edition, pages
Springer, 2019
Keywords
Entrepreneurship, Family supportive policies, Gender inequality, Work-family balance
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-47174 (URN)10.1007/s11187-019-00275-1 (DOI)000495210000002 ()2-s2.0-85074479068 (Scopus ID)
Available from: 2019-12-18 Created: 2019-12-18 Last updated: 2019-12-18
Naldi, L., Baù, M., Ahl, H. & Markowska, M. (2019). Home Alone: Gender (in)equality Within The Household And Business Start-up Among Mothers. In: : . Paper presented at 39th Annual Babson College Entrepreneurship Research Conference (BCERC), June 5-8, 2019, Wellesley, Massachusetts, United States..
Open this publication in new window or tab >>Home Alone: Gender (in)equality Within The Household And Business Start-up Among Mothers
2019 (English)Conference paper, Published paper (Refereed)
National Category
Business Administration Gender Studies
Identifiers
urn:nbn:se:hj:diva-45757 (URN)000495210000002 ()
Conference
39th Annual Babson College Entrepreneurship Research Conference (BCERC), June 5-8, 2019, Wellesley, Massachusetts, United States.
Available from: 2019-08-29 Created: 2019-08-29 Last updated: 2019-12-09
Baù, M., Chirico, F., Pittino, D., Backman, M. & Klaesson, J. (2019). Roots to grow: Family firms and local embeddedness in rural and urban contexts. Entrepreneurship: Theory & Practice, 43(2), 360-385
Open this publication in new window or tab >>Roots to grow: Family firms and local embeddedness in rural and urban contexts
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2019 (English)In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 43, no 2, p. 360-385Article in journal (Refereed) Published
Abstract [en]

The present study analyzes the nexus among business growth, ownership structure, and local embeddedness—that is, the involvement of economic actors in a geographically bound social structure—in rural and urban contexts. This work combines regional economics with studies on family business and firm growth and uses a coarsened matched sample of privately held Swedish firms. The findings indicate that family firms benefit more than nonfamily firms from local embeddedness and as such they achieve higher levels of growth and that this effect is more pronounced in rural areas. Research implications are shared in the Conclusion section.

Place, publisher, year, edition, pages
Sage Publications, 2019
Keywords
business growth, local embeddedness, urban–rural contexts, family firms
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-39334 (URN)10.1177/1042258718796089 (DOI)000458813400011 ()2-s2.0-85064328951 (Scopus ID)PP JIBS 2019 (Local ID)PP JIBS 2019 (Archive number)PP JIBS 2019 (OAI)
Available from: 2018-05-02 Created: 2018-05-02 Last updated: 2019-09-26Bibliographically approved
Criaco, G., Withers, M., Baù, M. & Chirico, F. (2019). The Mobility of Family and Non-Family Firm Employees. In: : . Paper presented at 39th Annual Strategic Management Society Conference, October 19-22, 2019, Minneapolis, MN, USA.
Open this publication in new window or tab >>The Mobility of Family and Non-Family Firm Employees
2019 (English)Conference paper, Oral presentation only (Refereed)
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-47231 (URN)
Conference
39th Annual Strategic Management Society Conference, October 19-22, 2019, Minneapolis, MN, USA
Available from: 2020-01-06 Created: 2020-01-06 Last updated: 2020-01-10Bibliographically approved
Iyer, D. N., Baù, M., Chirico, F., Patel, P. C. & Brush, T. H. (2019). The triggers of local and distant search: Relative magnitude and persistence in explaining acquisition relatedness. Long range planning, 52(5), Article ID 101825.
Open this publication in new window or tab >>The triggers of local and distant search: Relative magnitude and persistence in explaining acquisition relatedness
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2019 (English)In: Long range planning, ISSN 0024-6301, E-ISSN 1873-1872, Vol. 52, no 5, article id 101825Article in journal (Refereed) Published
Abstract [en]

Research on problemistic search has assumed negative attainment discrepancy to be the trigger of both local and distant search. Extending this research, we present and compare two additional triggers: (1) relative attainment discrepancy, which reflects how much a firm's attainment discrepancy deviates from its past negative attainment discrepancies; and (2) persistent attainment discrepancy, which reflects how often the firm experiences below-aspirations performance. Our triggers for distant search model a behavioral explanation for the timing and relatedness of acquisitions. We find support for baseline arguments of problemistic search whereby firms increase both industry- and skill-related acquisitions when they perform below aspirations. When they persistently perform below aspirations, however, this likelihood is reduced and firms engage in acquisitions that are more unrelated, thereby providing support for the notion of expanding search boundaries from local to distant search. Of the two triggers of distant search proposed, relative attainment discrepancy does not induce firms to expand search boundaries. Our results indicate that persistent attainment discrepancy is a key construct to consider when studying the expansion of search boundaries.

Place, publisher, year, edition, pages
Elsevier, 2019
Keywords
Behavioral theory of the firm, Local and distant search, Performance feedback, Related and unrelated acquisitions, Enterprise resource planning, Finance, Behavioral theory of the firms, Search models, Mergers and acquisitions
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-39335 (URN)10.1016/j.lrp.2018.03.001 (DOI)000488653400003 ()2-s2.0-85045191906 (Scopus ID);IHHCeFEOIS (Local ID);IHHCeFEOIS (Archive number);IHHCeFEOIS (OAI)
Available from: 2018-05-02 Created: 2018-05-02 Last updated: 2020-01-20Bibliographically approved
Baù, M., Chirico, F., Hoskisson, R. E. & Pathak, S. M. (2018). Family versus non-Family Firm Mergers: Likes Attract Likes, but Complementarity also Helps. In: Academy of Management Proceedings: Academy of Management. Paper presented at 79th Annual Meeting of the Academy of Management, August 9-13, 2019, Boston, Massachusetts, United States. , Article ID 1.
Open this publication in new window or tab >>Family versus non-Family Firm Mergers: Likes Attract Likes, but Complementarity also Helps
2018 (English)In: Academy of Management Proceedings: Academy of Management, 2018, article id 1Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

Using social identity theory and the concept of acculturation, we examine how the identity of the target firm in a family firm-led merger impacts the merged entity’s subsequent performance. We compare family firms’ target preferences and post- merger performance to those of non-family firms, and find that not only are family firms more likely to prefer other family firms as merger partners, but also achieve better post-merger outcomes with them. Further, we test the moderating effect of industry unrelatedness on these relationships. Our results show that while cultural similarity helps post-merger outcomes, strategic and resource complementarity enhances the benefits of culture. We test our hypotheses using a large sample of Swedish private firms, which largely controls for national cultural differences. After controlling for endogeneity and self-selection bias, our results support all our hypotheses.

Keywords
social identity theory; acculturation; family business; merger; Sweden
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-47232 (URN)10.5465/AMBPP.2018.18768abstract (DOI)
Conference
79th Annual Meeting of the Academy of Management, August 9-13, 2019, Boston, Massachusetts, United States
Available from: 2020-01-06 Created: 2020-01-06 Last updated: 2020-01-10Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0002-7499-9289

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