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If we cannot have it then no one should: Shutting down versus selling in family business portfolios
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO).
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO).
University of St. Gallen, Switzerland.
2015 (engelsk)Inngår i: Academy of Management Proceedings, January 2015 (Meeting Abstract Supplement) 15764, 2015 / [ed] John Humphreys, 2015Konferansepaper, Publicerat paper (Fagfellevurdert)
Abstract [en]

The present study investigates exit patterns in family business portfolios in times of declining performance. Drawing on social identity theory and a sample of six family business portfolios from Pakistan, we reveal that business families often prefer shutting down satellite portfolio firms rather than selling them. This is found to be mainly driven by the identity fit of the family and the satellite business and the desire to restart it at a later point in time. This study contributes to literature on portfolio entrepreneurship, business exit, and long-term success and endurance of family firms.

sted, utgiver, år, opplag, sider
2015.
Emneord [en]
Entrepreneurial Exit; Family Firms; Portfolio Entrepreneurship
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-32141DOI: 10.5465/AMBPP.2015.15764abstractLokal ID: IHHCeFEOISOAI: oai:DiVA.org:hj-32141DiVA, id: diva2:1040897
Konferanse
Academy of Management Annual Meeting, Vancouver, August 7-11, 2015.
Tilgjengelig fra: 2016-10-30 Laget: 2016-10-30 Sist oppdatert: 2016-10-30bibliografisk kontrollert

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