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Does increased generational involvement foster business growth? The moderating roles of family involvement in ownership and management
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: 0000-0002-8203-4655
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: 0000-0002-3742-542X
KU Leuven, Center for Sustainable Entrepreneurship (CenSE), Odisee University of Applied Sciences, Belgium.
KU Leuven, Center for Sustainable Entrepreneurship (CenSE), Odisee University of Applied Sciences, Belgium.
2019 (English)In: European Management Review, ISSN 1740-4754, E-ISSN 1740-4762Article in journal (Refereed) Epub ahead of print
Abstract [en]

Building upon the upper echelon perspective, we examine the effect of generationalinvolvement in management on various measures of business growth and consider differentlevels of family participation. Specifically, we argue that generational involvement and theparticipation of family actors in ownership and management foster cognitive diversity at theTMT level, which may ultimately positively or negatively impact family business growth. Ourtheory, which is tested using a longitudinal sample of unlisted Belgian family firms, contributesprimarily to the literature related to the determinants of family firm growth, which, to date, haspaid limited attention to the combined effect of different family involvement factors.

Place, publisher, year, edition, pages
John Wiley & Sons, 2019.
Keywords [en]
family firms; generational involvement; growth; ownership; top management team
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-45688DOI: 10.1111/emre.12366ISI: 000492384800001Scopus ID: 2-s2.0-85074593707Local ID: ;IHHCeFEOISOAI: oai:DiVA.org:hj-45688DiVA, id: diva2:1345508
Available from: 2019-08-26 Created: 2019-08-26 Last updated: 2019-11-14

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Pittino, DanielChirico, Francesco

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