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Family firm identities and firm outcomes: A corporate governance bundles perspective
ESADE - Universitat Ramon Llull, Barcelona, Spain.
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).ORCID iD: 0000-0002-3613-4233
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Kristianstad University, Kristianstad, Sweden.ORCID iD: 0000-0002-8938-2150
2019 (English)In: The Palgrave handbook of heterogeneity among family firms / [ed] E. Memili & C. Dibrell, Cham: Palgrave Macmillan, 2019, p. 89-114Chapter in book (Refereed)
Abstract [en]

We address the issue of family firm heterogeneity and its implications for corporate governance and firm outcomes. We apply social identity theory to differentiate between clan and financial family firm identities and to explain how the domination of each identity leads to distinct governance needs and choices. We propose that family firms dominated by a clan identity will employ a unified bundle of internal corporate governance mechanisms, enhancing non-financial performance outcomes. A financial family firm identity will, on the other hand, result in implementation of a dispersed corporate governance bundle, enhancing the firm’s financial outcomes.

Place, publisher, year, edition, pages
Cham: Palgrave Macmillan, 2019. p. 89-114
Keywords [en]
Social identity theory; Family firm heterogeneity; Corporate governance bundles
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-42571DOI: 10.1007/978-3-319-77676-7_5Scopus ID: 2-s2.0-85063769017ISBN: 978-3-319-77676-7 (electronic)ISBN: 978-3-319-77675-0 (print)OAI: oai:DiVA.org:hj-42571DiVA, id: diva2:1277508
Available from: 2019-01-10 Created: 2019-01-10 Last updated: 2019-08-07Bibliographically approved

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Nordqvist, MattiasUmans, Timurs

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CiteExportLink to record
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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf