Change search
Link to record
Permanent link

Direct link
Publications (10 of 61) Show all publications
Baù, M., Karlsson, J., Haag, K., Pittino, D. & Chirico, F. (2024). Employee layoffs in times of crisis: do family firms differ?. Entrepreneurship and Regional Development
Open this publication in new window or tab >>Employee layoffs in times of crisis: do family firms differ?
Show others...
2024 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114Article in journal (Refereed) Epub ahead of print
Abstract [en]

In this study, we seek to understand firm behaviour during times of crisis, with a particular focus on family firms in different contexts. We theorize that family control mitigates (i.e. negatively moderates) the relationship between economic crisis and the layoff of employees, resulting in a higher propensity of family firms to retain their employees during a crisis compared to their nonfamily counterparts. Furthermore, taking a closer look at family firms, based on their location, we argue that family firms in rural regions are more likely to adopt measures leading to involuntary job turnover than family firms in urban areas due to a higher sensitivity to the loss of socioemotional wealth following a business closure. Relying on a panel dataset of Swedish private firms active in the period 2004-2012, our study contributes to a better understanding of family firms as employers in different contexts.

Place, publisher, year, edition, pages
Taylor & Francis, 2024
Keywords
Family firms, socioemotional wealth, local embeddedness, rural environment, economic crisis, employee layoff
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-63483 (URN)10.1080/08985626.2024.2309160 (DOI)001153476100001 ()2-s2.0-85183925567 (Scopus ID)HOA;;935478 (Local ID)HOA;;935478 (Archive number)HOA;;935478 (OAI)
Available from: 2024-02-05 Created: 2024-02-05 Last updated: 2024-02-20
Gómez-Mejia, L. R., Chirico, F., Martin, G. & Baù, M. (2023). Best Among the Worst or Worst Among the Best? Socioemotional Wealth and Risk-Performance Returns for Family and Non-Family Firms Under Financial Distress. Entrepreneurship: Theory & Practice, 47(4), 1031-1058
Open this publication in new window or tab >>Best Among the Worst or Worst Among the Best? Socioemotional Wealth and Risk-Performance Returns for Family and Non-Family Firms Under Financial Distress
2023 (English)In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 47, no 4, p. 1031-1058Article in journal (Refereed) Published
Abstract [en]

A firm’s proactive engagement in risk, which has been deeply intertwined with the entrepreneurship literature, is essential to sustaining a firm’s long-term competitive advantage. Drawing on BAM’s mixed gamble logic in a family firm context, the present study offers a theoretical framework examining how firm risk returns differ in the contexts of distressed (the worst) and nondistressed (the best) family and nonfamily firms. We predict that family control moderates the risk taking performance relationship. That is, compared with nonfamily firms, a mixed gamble featuring the prospect of socioemotional and financial losses leads family firms to extract higher financial returns from risk taking when in financial distress, but lower financial returns when they are not in financial distress. Our theoretical expectations are supported using a matched sample of Swedish firms.

Place, publisher, year, edition, pages
Sage Publications, 2023
Keywords
family firm, risk taking, financial distress, firm performance
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-54891 (URN)10.1177/10422587211057420 (DOI)000762615800001 ()2-s2.0-85125518666 (Scopus ID)HOA;intsam;1604180 (Local ID)HOA;intsam;1604180 (Archive number)HOA;intsam;1604180 (OAI)
Available from: 2021-10-19 Created: 2021-10-19 Last updated: 2023-08-30Bibliographically approved
Brunelli, S., Sciascia, S. & Baù, M. (2023). Nonfinancial reporting in family firms: A systematic review and agenda for future research. Business Strategy and the Environment
Open this publication in new window or tab >>Nonfinancial reporting in family firms: A systematic review and agenda for future research
2023 (English)In: Business Strategy and the Environment, ISSN 0964-4733, E-ISSN 1099-0836Article, review/survey (Refereed) Epub ahead of print
Abstract [en]

This paper offers a systematic review of the literature on nonfinancial reporting in family firms, which has substantially grown in recent years. We identified and analyzed 74 articles published between 2002 and 2023. The work contributes to the domains of nonfinancial reporting and family business by providing an integrative and critical overview of the literature and by identifying future research avenues. We conclude by offering practical implications for managers, consultants, and policymakers.

Place, publisher, year, edition, pages
John Wiley & Sons, 2023
Keywords
family business, integrated reporting, literature review, nonfinancial reporting
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-61781 (URN)10.1002/bse.3484 (DOI)001009103900001 ()2-s2.0-85162271372 (Scopus ID)HOA;;888720 (Local ID)HOA;;888720 (Archive number)HOA;;888720 (OAI)
Available from: 2023-06-30 Created: 2023-06-30 Last updated: 2023-06-30
Quigley, T. J., Chirico, F. & Baù, M. (2022). Does the CEO effect on performance differ in private versus public firms?. Strategic Organization, 20(3), 652-673
Open this publication in new window or tab >>Does the CEO effect on performance differ in private versus public firms?
2022 (English)In: Strategic Organization, ISSN 1476-1270, E-ISSN 1741-315X, Vol. 20, no 3, p. 652-673Article in journal (Refereed) Published
Abstract [en]

Scholars have long debated the effect CEOs have on firm performance, including a focus on how their effect shifts across industries, national settings, and time. Unexplored, however, is the possibility that the CEO effect might differ in publicly traded versus privately held firms. Drawing on a unique longitudinal sample of both publicly traded and large, privately held Swedish firms from 1997 to 2013, we replicate and build upon prior CEO effects studies and find that private-firm CEOs have a greater effect on firm performance, for good or for ill, than do their public firm counterparts. Our results are strengthened after controlling for industry, firm profitability, and size in a matched-pair sample. We discuss the implications and potential future research stemming from these findings.

Place, publisher, year, edition, pages
Sage Publications, 2022
Keywords
chief executive officers, decision making, firm performance, ownership structure, panel data methods, research methods, topics and perspectives
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-52802 (URN)10.1177/14761270211018183 (DOI)000657979300001 ()2-s2.0-85107187950 (Scopus ID)HOA;intsam;52802 (Local ID)HOA;intsam;52802 (Archive number)HOA;intsam;52802 (OAI)
Available from: 2021-06-07 Created: 2021-06-07 Last updated: 2022-12-09Bibliographically approved
Minola, T., Baù, M., Brumana, M. & De Massis, A. (2022). Under which circumstances do family SMES achieve high growth?: A behavioural perspective. International Small Business Journal, 40(6), 768-798
Open this publication in new window or tab >>Under which circumstances do family SMES achieve high growth?: A behavioural perspective
2022 (English)In: International Small Business Journal, ISSN 0266-2426, E-ISSN 1741-2870, Vol. 40, no 6, p. 768-798Article in journal (Refereed) Published
Abstract [en]

High-growth firms contribute disproportionately to the creation of employment, wealth and economic development on a global basis. Yet, knowledge of the circumstances under which such growth patterns occur is limited, and the findings with regard to small and medium sized enterprises (SMEs) are inconclusive. Adopting the behavioural agency model, we analyse the effect of family control and related nuances (i.e. degree of family ownership and presence of a family chief executive officer (CEO)) on SME growth. Furthermore, we argue that the type of slack resources and their availability are a crucial organisational contingency when investigating high growth in SMEs. Using a sample of 39,631 European SMEs over a 13-year period, we find that family firms are less likely to achieve high growth compared to non-family firms; having a family CEO further reduces this likelihood. Instead, at higher (vs lower) levels of family ownership, the probability of family firms achieving high growth increases. Furthermore, the availability of high- and low-discretion slack resources influences these relationships. Our study advances current understanding of high growth in general, and family firms in particular.

Place, publisher, year, edition, pages
Sage Publications, 2022
Keywords
high growth, small and medium sized enterprises, family control, family firm heterogeneity, slack resources
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-58562 (URN)10.1177/02662426221102859 (DOI)000854875800005 ()2-s2.0-85138709902 (Scopus ID)HOA;intsam;834951 (Local ID)HOA;intsam;834951 (Archive number)HOA;intsam;834951 (OAI)
Funder
The Jan Wallander and Tom Hedelius FoundationTore Browaldhs stiftelse
Available from: 2022-09-29 Created: 2022-09-29 Last updated: 2022-10-10Bibliographically approved
Baù, M., Block, J., Discua Cruz, A. & Naldi, L. (2021). Bridging locality and internationalization – A research agenda on the sustainable development of family firms. Entrepreneurship and Regional Development, 33(7-8), 477-492
Open this publication in new window or tab >>Bridging locality and internationalization – A research agenda on the sustainable development of family firms
2021 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114, Vol. 33, no 7-8, p. 477-492Article in journal (Refereed) Published
Abstract [en]

Globalization, digital technologies, societal and environmental concerns influence the way family firms operate locally and internationally. Family firms are often torn between their local and global environments, simultaneously visible and embedded in their local environment while marketing their products and services abroad. Unlike large multinationals that have often lost their roots, family firms manifest an active interest in maintaining their local roots and traditions. Moreover, increasing concerns with sustainable development call for continuity through sustainability aimed at improving local and global socioeconomic conditions. This editorial of the special issue on ?Locality and Internationalization of Family Firms? discusses this tension that family firms face and how they can build bridges between communities increasingly drifting apart. By bridging local and global environments, family firms can contribute to the sustainable development of society. We present a research agenda addressing this particular bridging function of family firms and propose several avenues for future research.

Place, publisher, year, edition, pages
Taylor & Francis, 2021
Keywords
Family business, locality, internationalization, local context, global context, sustainable development goals (SDG)
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-54110 (URN)10.1080/08985626.2021.1925846 (DOI)000670864300001 ()2-s2.0-85110079971 (Scopus ID)HOA;intsam;54110 (Local ID)HOA;intsam;54110 (Archive number)HOA;intsam;54110 (OAI)
Available from: 2021-07-16 Created: 2021-07-16 Last updated: 2021-12-19Bibliographically approved
Ramírez-Pasillas, M., Nordqvist, M., Baù, M., Sharma, P., Sharma, S. & Radu-Lefebvre, M. (2021). Embracing the Biosphere, Supporting Humanity - A Call to Explore Sustainable Development in Family Entrepreneurship. Entrepreneurship and Regional Development
Open this publication in new window or tab >>Embracing the Biosphere, Supporting Humanity - A Call to Explore Sustainable Development in Family Entrepreneurship
Show others...
2021 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114Article in journal, Editorial material (Other academic) Published
Place, publisher, year, edition, pages
Taylor & Francis, 2021
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-55673 (URN)
Note

Call for papers.

Available from: 2022-01-24 Created: 2022-01-24 Last updated: 2022-01-24
Naldi, L., Baù, M., Ahl, H. & Markowska, M. (2021). Gender (in)equality within the household and business start-up among mothers. Small Business Economics, 56, 903-918
Open this publication in new window or tab >>Gender (in)equality within the household and business start-up among mothers
2021 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 56, p. 903-918Article in journal (Refereed) Published
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, 2021
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)HOA;;1380443 (Local ID)HOA;;1380443 (Archive number)HOA;;1380443 (OAI)
Available from: 2019-12-18 Created: 2019-12-18 Last updated: 2021-09-27Bibliographically approved
Minola, T., Baù, M., Sieger, P., de Massis, A. & Chirico, F. (2021). SLACK AND PERFORMANCE IN FAMILY OWNED SMES: AN AGENCY-THEORY PERSPECTIVE. In: 81st Annual Meeting of the Academy of Management 2021: Bringing the Manager Back in Management, AoM 2021. Paper presented at 81st Annual Meeting of the Academy of Management 2021: Bringing the Manager Back in Management, AoM 2021, 29 July 2021 through 4 August 2021. Academy of Management
Open this publication in new window or tab >>SLACK AND PERFORMANCE IN FAMILY OWNED SMES: AN AGENCY-THEORY PERSPECTIVE
Show others...
2021 (English)In: 81st Annual Meeting of the Academy of Management 2021: Bringing the Manager Back in Management, AoM 2021, Academy of Management , 2021Conference paper, Published paper (Refereed)
Place, publisher, year, edition, pages
Academy of Management, 2021
Series
Academy of Management Annual Meeting Proceedings, ISSN 2151-6561 ; 2021
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-55801 (URN)10.5465/AMBPP.2021.222 (DOI)2-s2.0-85123480035 (Scopus ID)
Conference
81st Annual Meeting of the Academy of Management 2021: Bringing the Manager Back in Management, AoM 2021, 29 July 2021 through 4 August 2021
Available from: 2022-02-07 Created: 2022-02-07 Last updated: 2022-02-07Bibliographically approved
Baù, M., Pittino, D., Sieger, P. & Eddleston, K. A. (2020). Careers in family business: New avenues for careers and family business research in the 21st century. The Journal of Family Business Strategy, 11(3), Article ID 100379.
Open this publication in new window or tab >>Careers in family business: New avenues for careers and family business research in the 21st century
2020 (English)In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593, Vol. 11, no 3, article id 100379Article in journal (Refereed) Published
Abstract [en]

The purpose of our special issue is to demonstrate how a careers perspective can contribute to the study of family businesses and bring to light how the family business context extends and challenges career theories and concepts. Inspired by the studies in our special issue and our review of previous research, we propose a conceptual model that leverages the concept of family embeddedness and intertwines it with career processes and outcomes. Building on the family embeddedness perspective, we propose several avenues for future research for family business and career scholars.

Place, publisher, year, edition, pages
Elsevier, 2020
Keywords
Career, Family embededdness, Family members, Family system, Non-family members, Outcome, Process, Research agenda, Succession
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-50688 (URN)10.1016/j.jfbs.2020.100379 (DOI)000582347500005 ()2-s2.0-85090709050 (Scopus ID)HOA;intsam;1470415 (Local ID)HOA;intsam;1470415 (Archive number)HOA;intsam;1470415 (OAI)
Available from: 2020-09-24 Created: 2020-09-24 Last updated: 2021-02-17Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0002-7499-9289

Search in DiVA

Show all publications