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  • 751.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Accounting and Law.
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Family Businesses and the EU Recommendation on the Transfer of Small and Medium-Sized Enterprises2006Conference paper (Other academic)
  • 752.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Family Businesses and the EU Recommendation on the Transfer of Small and Medium-sized Enterprises2008In: European Business Law Review, ISSN 0959-6941, E-ISSN 1875-841X, Vol. 19, no 2, p. 279-291Article in journal (Other academic)
  • 753.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Intergenerational ownership succession: a stakeholder perspective2013In: European Business Law Review, ISSN 0959-6941, E-ISSN 1875-841X, Vol. 24, no 4, p. 407-429Article in journal (Refereed)
    Abstract [en]

    The key to a successful transfer, of ownership of family-owned and headed businesses, to the younger generation is in most cases the incumbent. However, there are close and non-close stakeholders who wish to protect their interests. The main purpose of this article is to map the stakeholders in two models, as well as to analyze their interests and possible legal tools when intervening in an ownership succession process. Our reasoning is supported by descriptive data from a recent empirical study. Incumbents are presumed to be aware of the conflicting interests and their potential impacts. It is no wonder, that they hesitate to take the necessary initiative in a succession process! We analyze how consultants can provide a helping hand.

  • 754.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Haag, Kajsa
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Intergenerational ownership succession: Shifting the focus from outcome measurements to preparatory requirements2015In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593, ISSN 1877-8585, Vol. 6, no 3, p. 166-177Article in journal (Refereed)
    Abstract [en]

    This article contributes to the family business succession literature by (1) addressing ownership succession rather than management succession, (2) recommending a combination of legal and psychological perspectives on ownership to advance our understanding and (3) suggesting a preparatory approach to succession. Measuring the success of management succession has mainly been undertaken by assessing outcomes. Learning retrospectively why a succession was (un)successful may deepen our understanding of the process, but it is not particularly helpful to the business in question. We propose an alternative method for ownership succession: a preparatory approach that establishes requirements to fulfill before the succession takes place. These requirements are presented in a model that considers both the legal/financial and the psychological aspects of ownership and are formulated to improve intergenerational ownership succession and the post-succession prosperity of the firm.

  • 755.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Accounting and Law.
    Runhede, Hanna
    Jönköping University, Jönköping International Business School, JIBS, Commercial Law. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Family-owned SMEs and Unexpected Events among shareholders2008Conference paper (Other academic)
  • 756.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Commercial Law.
    Smyrnios, Kosmas
    Striving for Happiness and Its Impact on Family Stability: An Exploration of the Aristotelian Conception of Happiness2005In: Family Business Review, ISSN 0894-4865, E-ISSN 1741-6248, Vol. 18, no 2, p. 155-170Article in journal (Refereed)
  • 757.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Accounting and Law.
    Smyrnios, Kosmas X
    RMIT University - School of Marketing .
    Striving for happiness and its impact on family stability2004Conference paper (Other academic)
  • 758.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Commercial and Tax Law. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Vackermo, Marie
    Mid Sweden University.
    The interest theory, children’s rights and social authorities2015In: The International Journal of Children's Rights, ISSN 0927-5568, E-ISSN 1571-8182, Vol. 23, no 4, p. 752-768Article in journal (Refereed)
    Abstract [en]

    The principle of ‘the best interests of the child’ (art. 3 of the Convention on the Rights of the Child) is sometimes put forward as being the leading guide, i.e. it will in the long run – via, e.g. court cases and legal writing – give accurate and detailed information on the scope of children’s rights and the responsibilities of, e.g., parents. We claim that this principle does not provide us with the necessary analytical tools to enhance the legal rights of children. To this end it is more efficient to accept the explanatory power and apply the elements of the Interest theory, i.e. the chain of children’s interests and rights, obligations of e.g. parents and sanctions against failures. In this context we also illustrate that rights can have different strengths by briefly examining the role of social authorities in relation to the rights of children.

  • 759.
    Symeonidou, Noni E.
    et al.
    Warwick Business School, UK.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    DeTienne, Dawn R.
    Colorado State University, USA.
    The Perseverance of Family Firms: Performance Threshold and Firm Survival2015In: Academy of Management Proceedings, January 2015 (Meeting Abstract Supplement) 14997, 2015 / [ed] John Humphreys, Academy of Management , 2015Conference paper (Refereed)
    Abstract [en]

    Research on family firm survival has been mixed as studies provide evidence both for a positive and negative effect of family ownership on firm survival. Drawing upon threshold theory and socioemotional wealth we develop hypotheses which link family owners’ socio-emotional wealth and performance threshold to entrepreneurial exit. Using the longitudinal Kauffman Firm Survey we find that family firms are less likely to exit compared to non-family firms and that this relationship is mediated by owners’ threshold of performance.

  • 760.
    van Helvert, Judith
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Entrepreneurship from a Family Business Perspective2017In: The SAGE Handbook of Small Business and Entrepreneurship / [ed] Robert Blackburn, Dirk De Clercq & Jarna Heinonen, Sage Publications, 2017, p. 7-123Chapter in book (Other academic)
  • 761.
    Vassiliadis, Spyros
    et al.
    Patras Hellenic Open University, Thessaloniki, Greece.
    Baboukardos, Diogenis
    Jönköping University, Jönköping International Business School, JIBS, Accounting and Law. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Kotsovolos, Panagiotis
    Freelance Accountant.
    Is Basel III a Panacea? Lessons from the Greek Sovereign Fiscal Crisis2012In: South East European Journal of Economics and Business, ISSN 1840-118X, Vol. 7, no 1, p. 73-80Article in journal (Refereed)
    Abstract [en]

    In the period 2007-2009 the global economy faced the most severe crisis after the Great Recession of 1929. Inthe aftermath of the crisis a substantially revised version of Basel II, named Basel III, was proposed, introducingnew, tighter capital adequacy and liquidity guidelines. Basel III constitutes the new basic embankment against apossible crisis in the future. The same period these discussions were taking place for the new global regulatoryframework, the most severe sovereign debt crisis the country ever faced burst out in Greece. One of the mainvictims of the crisis is the country’s banking sector which is sustaining great pressure in its profitability, volumeof deposits and credit growth, amongst others. Having as a starting point the Greek banking sector and theeffects of the fiscal crisis on it, this paper discusses the new Basel III guidelines and their possible implications intimes of turmoil. The new framework can play a crucial role in deterring a new financial crisis; however it shouldnot be regarded as a panacea for all the shortcomings of banking sectors.

  • 762.
    Villanueva, Jaume
    et al.
    Universitat Ramon Lull.
    Markowska, Magdalena
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Universitat Ramon Lull.
    Storytelling in the development of entrepreneurial identities2013In: 5th Conference on Rhetoric and Narratives, ESADE, Barcelona, 25-27 March, 2013., 2013Conference paper (Refereed)
    Abstract [en]

    The notion that the development of an entrepreneurial identity in individuals has important consequences for their subsequent entrepreneurial intentions and behaviors has gained increased attention in the entrepreneurship literature (Fauchart & Gruber, 2011). Most of this emerging literature has hitherto focused on the relationship between an individual’s entrepreneurial identity, i.e. between people’s self-concepts based on some form of entrepreneurial role identity (Cardon et al., 2009), or an entrepreneurial social identity (Fauchart & Gruber, 2011), and a broad set of entrepreneurial processes and outcomes. The main idea is thus that if a person’s self- concept is aligned with what could be construed as an entrepreneurial identity, a set of predictions could be made regarding this person’s entrepreneurial motivations, intentions and behaviors, all of which has important consequences for the study of entrepreneurship.

    But how does an entrepreneurial role or social identity develop in an individual? The literature has so far been rather silent not only on the antecedents of entrepreneurial identities, but also on the processes by which such identities develop over time. Theories of narrative identity and the psychology of life stories (McAdams, 2001), which posit that a person’s identity is an internalized narrative of the self that evolves over time, provide relevant insights for understanding where entrepreneurial self-concepts may come from and how they may develop. People construe stories to imbue their life experiences with meaning, and to integrate what could be disparate life episodes and events into a coherent life trajectory that can be understood by themselves and by others.

    Hence, the development of an entrepreneurial identity could be conceptualized as a specific type of evolving self-narrative with a specific kind of meaning. This self-narrative should not only include the basic elements that would make it “entrepreneurial” in meaning, but it should also include the main elements that would make it a “story.” In this paper, we draw on narrative theories to make a number of propositions regarding what constitutes an entrepreneurial identity in terms of narrative structure, drawing on McAdams’ (2001) conceptualization of a life story as a narrative complete with setting, scenes, characters, plot and themes. We also draw on theories of entrepreneurship and develop propositions regarding what constitutes an identity with entrepreneurial meaning. Furthermore, we explain a number of mechanisms by which these elements may change over time, explaining why some individuals may develop entrepreneurial identities over the span of their life courses.

    According to McAdams’ life story model of identity (2001), a person’s identity can be conceptualized as an internalized and evolving self-story that provides meaning to one’s experience. In other words, an individual’s identity can be thought of as a psychosocial construction (a construction that is coauthored by the person and its cultural context) that takes the structural form of a story. But what constitutes a story? And, more specifically, what constitutes a life story in terms of narrative structure? Drawing on McAdams’ (2001) model, we conceptualize a life story as a canonical type of narrative structure that includes the following components: (1) a set of identifiable themes that weave together (2) a plot line that is projected on (3) a character (or focal actor) that is embedded in (4) a social and cultural setting

    Stories differ in their constitutive elements (i.e. themes, plot, characters and setting), so what is that makes a story an “entrepreneurial story? In terms of themes identified in the literature, a common thematic thread that weaves entrepreneurial stories is the creation and engagement with a new economic (and social) activity (Davidsson, 2004). This theme usually implies the arrangement of activities and motivations around identifying new means-ends frameworks and organizing and managing resources required for their execution (Chandler & Hanks, 1994). An entrepreneurial story can have many alternative plot lines. The plot line allows the storyteller to convey the significance of some events and not others, to elaborate on some events while omitting others, to draw connections between events that may not seem related, or to omit making connections between events that appear related. In short, the plot allows the storyteller to imbue meaning into a sequence of events and allows the audience to understand the significance of these specific events or, in other words, to make sense of the story. A narrative structure in the form of a story will thus contain “poetic tropes,” which are mechanisms aimed at linking the events of a story and to imbue them with meaning. Examples of these mechanisms are: attributions of causal connections, attributions of agency, attributions of responsibility, attributions of motives or attributions of emotion (Gabriel, 2004). A common plot line in an entrepreneurial story consists of the identification of a problem and the creation of a solution, resulting in a satisfactory outcome for both the entrepreneur and society (Bhave, 1994). This plot line represents a canonical type of cause-effect relationship expressed in the problem-solution dichotomy. The character of a life story consists obviously of the focal person in question and, in the case of an entrepreneurial story, the focal actor is the entrepreneur. Finally, an entrepreneurial story is embedded in a social and cultural setting that helps imbue it with meaning. An entrepreneurial story often invokes an individual’s human and social capital – the acquired knowledge and experience as well as social group membership (Stryker, 1980; Tajfel & Turner, 1985), as well as cultural norms that are proper and acceptable given a set of socially constructed system of norms, values, beliefs and definitions (Suchman, 1995).

    In short, in this paper we develop a series of propositions linking the key constitutive components of a life story to entrepreneurship constructs, thus offering a theoretical explanation of how an entrepreneurial identity, conceptualized as a specific type of story, comes into being. Furthermore, we theorize about how these elements may change over time and its impact on the emergence and development of an entrepreneurial identity over the life course.

  • 763.
    Visintin, Francesca
    et al.
    University of Udine, Italy.
    Pittino, DanielJönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Fast Growing Firms in a Slow Growth Economy: Institutional Conditions for Innovation2016Collection (editor) (Refereed)
    Abstract [en]

    Europe needs more innovative companies that grow quickly and end up big. This book examines SME growth, innovation and success, to suggest that fast growing firms could offer a major contribution to the recovery of a European economy. The contributors examine 11 case studies from Italian firms, breaking the book up into three parts: context, actors and strategy. The topics discussed include entrepreneurship and technological clusters, innovative start-ups and growth factors, and family firms as the incubators of new ventures.

  • 764.
    Visintin, Francesca
    et al.
    University of Udine, Italy.
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Minichilli, Allessandro
    Bocconi Universitt, Italy.
    Financial performance and non‐family CEO turnover in private family firms under different conditions of ownership and governance2017In: Corporate governance: An International Review, ISSN 0964-8410, E-ISSN 1467-8683, Vol. 25, no 5, p. 312-337Article in journal (Refereed)
    Abstract [en]

    Manuscript Type: Empirical 

    Research Question/Issue

    Family firms, as insider-controlled companies, should be less likely to exhibit CEO turnover after poor performance and may thus promote enhanced focus on long-term goals. However, when a non-family CEO is in charge, the relatively limited empirical evidence is contrasting. Some studies find that only family CEOs are immune from the threat of dismissal following poor financial performance, while other studies show that family firms discipline their CEOs for poor financial performance regardless of their family status. In this work, we try to reconcile these contrasting findings and investigate what ownership and governance conditions influence the owners’ pressure on the CEO to achieve short-term financial results.

    Research findings/insights

    Drawing on a longitudinal dataset that covers the entire population of Italian medium and large family companies, we find that when family ownership is concentrated in the hands of few family shareholders or there is a low number of family members involved in the board of directors, non-family CEOs are less likely to be dismissed after poor performance.

    Theoretical/Academic Implications

    Our study, adopting the behavioral agency theory as the guiding framework, highlights the importance for governance decisions of the potential goal divergence among principals in closely held ownership structures. Our results also add to the still scant literature on the relationship between family owners and non-family CEOs.

    Practitioner/Policy Implications

    Our research suggests that, in the decision to hire a non-family CEO, family business owners should not only assess their gaps in managerial skills but also carefully consider the ownership structure and family involvement conditions. On the side of professional non-family managers, our results offer insights on ways to address the employment relationship with the controlling family.

  • 765.
    Waldkirch, Matthias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    From professional interactions to relational work: Investigating relationships around non-family CEOs in family firms2018Doctoral thesis, comprehensive summary (Other academic)
    Abstract [en]

    Relationships constitute a central and significant part of our lives and form the very foundation on which organizations are built. They provide meaning to work, create connections, and ultimately shape organizations. This dissertation adds to the growing literature on workplace relationships by studying the chief executive officer (CEO) in an organizational form that is inherently built on relationships: the family firm. Focusing on the introduction of a non-family CEO in a family firm, this dissertation investigates the meaning of relationships for non-family CEOs, the work they perform, and the organizations they reside in. It builds on a diverse set of relational perspectives and uses conceptual approaches and in-depth longitudinal case research.

    The first paper reviews, organizes and extends the literature on non-family CEOs by using gap-spotting and assumption-challenging. The second paper outlines how relationships in the triad between a non-family CEO and members of the current and next generation family owners influence whether a CEO stays or leaves the family firm. The third paper investigates how family firms adopt professional practices and outlines four modes of professionalization, showing how family firms‘ overprofessionalize’. The fourth paper follows a CEO succession and reorganization in a family firm over 16 months and investigates how contesting processes of job design and crafting change and create job systems.

    This dissertation contributes by introducing relational work as a core aspect of a CEO’s work, by extending our knowledge about non-family CEOs in family firms and by challenging the understanding of professionalization in family firms. It also contributes to practice by providing guidelines for structuring relations between family owners and (prospective) non-family CEOs.

  • 766.
    Waldkirch, Matthias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Investigating the impact of non-family CEOs: A review and agenda for future researchManuscript (preprint) (Other academic)
    Abstract [en]

    As the field of family business matures, research has focused on actors outside the owner family. The most important non-family member a family firm can hire is arguably a non-family CEO. Given the limited pool of family members, family firms regularly hire such actors, but our knowledge of them is fragmented. Using a systematic literature review, this article collects, organizes and structures current knowledge on the impact of non-family CEOs in family firms. I then propose a research agenda by engaging in ‘gapspotting’ and ‘assumption-challenging’, first outlining gaps in the existing literatures and proposing research questions to fill them, then identifying and problematizing three underlying assumptions in the literature. Finally, I develop alternatives to stimulate new research about non-family CEOs.

  • 767.
    Waldkirch, Matthias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Pulled apart but held together: Job system change as a contestation processManuscript (preprint) (Other academic)
    Abstract [en]

    One of the most prevalent elements shaping organizations is that of jobs and the systems they form. Building on the literature on job design, job crafting and their interplay, I investigate how job systems change during a reorganization. The findings show that job systems change through a contestation process between designing and crafting that undermines the existing job system while unintentionally creating a framework for an emerging job system. The emergent system stabilizes as employees increasingly accomplish work through that system. The article contributes to the literature on work design by investigating the interplay between job design and crafting and by outlining the consequences of crafting for job systems. The article further contributes to the understanding of the actors involved in job design and crafting, and it adds to the growing literature investigating the interplay of formal and informal structures.

  • 768.
    Waldkirch, Matthias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Social identity theory and the family business2015In: Theoretical Perspectives on Family Businesses / [ed] Mattias Nordqvist, Leif Melin, Matthias Waldkirch and Gershon Kumeto, Edward Elgar Publishing, 2015, p. 137-155Chapter in book (Refereed)
    Abstract [en]

    Social identity theory has given one of the most compelling answers to the question ‘who am I’ by linking identity to membership in social groups. After its adoption to organisational studies, where it has been used to understand, explain and forecast group behaviour, social identity theory has recently been adapted to family business research. After shortly briefly introducing social identity theory and its development, the chapter reviews how the theory has been used in family business research. As social identity theory in family business research has not been used to its fullest potential, the chapter then outlines several ways through which new insights into issues such as succession, non-family management and ownership could be created. In the conclusion, the chapter suggests a possible methodology for capturing social identity processes and proposes how family business research could offer new insights into social identity

  • 769.
    Waldkirch, Matthias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    What we do in the shadows: The formality of informal organizing2018In: 78th Annual Meeting of the Academy of Management, AOM 2018, Academy of Management , 2018, Vol. 1, Academy of Management , 2018Conference paper (Refereed)
    Abstract [en]

    Formal and informal structures shape organizations and the interaction of actors within.Surprisingly, just recently organizational theorists have started focusing on studying the interplayof both structures. However, most studies focus on how formal influence informal structures,viewing formal changes as clear. Building on a 16-month case study of a reorganization and CEOsuccession in a family-owned company, the study investigates the interplay of formal and informalstructures. I find that informal structures can, in times of weak formal structures, partly substitutetasks of the formal organization through processes of encapsulation and rerouting, creating atemporal ‘shadow organization’. The study thus contributes to the literature on organizing andorganizational design by showing how informal structures can shape formal organizing.

  • 770.
    Waldkirch, Matthias
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Tonic or toxin? Investigating the adoption of  ‘professional’ practices in family firmsManuscript (preprint) (Other academic)
    Abstract [en]

    Family firms have long faced pressures to “professionalize” their business and even their owner family’s systems. However, how professionalization unfolds over time and what it means for the business and family systems are unclear. We combine literature on professionalization and practice adoption to investigate how family firms adopt professional practices and adapt them to the underlying family and business systems. Relying on a longitudinal single case study, we have followed the professionalization process in a family firm for over a decade. Our findings show how family firms utilize four distinct modes of professionalization to balance family and business needs with professional practice requirements. We observe and conceptualize how family firms “overprofessionalize” when they adopt practices with an excessive degree of extensiveness, fidelity, and synchrony and show how overprofessionalization can be especially harmful to the family system. Thus, our study contributes by critiquing professionalization and focusing on the systems for which practices are adopted.

  • 771.
    Waldkirch, Matthias
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    When the cure turns counterproductive: Parallel professionalization in family firms2017In: 2017 Annual Meeting of the Academy of Management, AOM 2017, Academy of Management , 2017, p. 1-6Conference paper (Refereed)
    Abstract [en]

    Pressures to professionalize family firms increasingly encompass ownership practices. Relying on a 10-year single-case study, we show how the parallel professionalization of business and family governance interact over time and how conflicts of norms, introduced through professional practices, affect family and business. We thus cast an ambivalent picture of professionalization. © 

  • 772.
    Waldkirch, Matthias
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Finding benevolence in family firms: The case of stewardship theory2017In: The Routledge companion to family business / [ed] Franz Kellermanns, Frank Hoy, New York: Routledge, 2017, p. 401-414Chapter in book (Refereed)
  • 773.
    Waldkirch, Matthias
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    CEO turnover in family firms: How social exchange relationships influence whether a non-family CEO stays or leaves2018In: Human Resource Management Review, ISSN 1053-4822, E-ISSN 1873-7889, Vol. 28, no 1, p. 56-67Article in journal (Refereed)
    Abstract [en]

    Interpersonal relationships are an important factor in organizations, and a growing number of articles examine how such relationships affect why people stay or leave organizations. In this article, we investigate how affective attachment between actors influences the turnover and retention process of non-family CEOs in family firms. By employing a social exchange perspective, we reveal under which conditions affective attachment come into being. We focus on the relationship between a non-family CEO and two generations of the owner family. Conceptualizing their relationship as an exchange triad, we show how imbalances influence the affective attachment created in this triad and outline the implications for turnover. Our article contributes to the literature on family businesses and turnover by linking the affective side of interpersonal relationships to CEO retention and turnover.

    The full text will be freely available from 2020-06-01 00:00
  • 774.
    Weiss, Jan Frederic
    et al.
    Jönköping University, School of Engineering, JTH, Supply Chain and Operations Management.
    Stephan, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Anisimova, Tatiana
    Linnaeus University, Kalmar, Sweden.
    Well-designed environmental regulation and firm performance: Swedish evidence on the Porter hypothesis and the effect of regulatory time strategies2018In: Journal of Environmental Planning and Management, ISSN 0964-0568, E-ISSN 1360-0559Article in journal (Refereed)
    Abstract [en]

    Using recent data on a cross-section of Swedish chemical and pulp and paper firms, this paper provides novel empirical insights into the Porter hypothesis. Well-designed environmental regulation can stimulate firms’ innovative capabilities, while at the same time generating innovation offsets that may both offset net compliance costs and yield a competitive edge over those firms that are not affected by such regulations. In doing so, we also test the alleged effectiveness of regulatory time strategies in stimulating innovation activities of regulated firms. We find evidence for the effectiveness of such well-designed regulations: announced rather than existing regulation induces innovation and some innovation offsets. Our results imply that empirical tests of the Porter hypothesis that do not account for its dynamic nature, and that do not measure well-designed regulations, might provide misleading conclusions as to its validity.

  • 775.
    Wennberg, Karl
    et al.
    Handelshögskolan i Stockholm .
    Delmar, Frederic
    Lunds universitet .
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Teknikintensivt nyföretagande och tillväxt i branscher och företag2012In: Ekonomisk Debatt, ISSN 0345-2646, no 6, p. 36-49Article in journal (Other academic)
    Abstract [sv]

    Hur olika typer av entreprenörskap stimulerar ekonomisk tillväxt är fortfarande en empiriskt outforskad fråga. Dessutom har teorier om relationen mellan entreprenörskap och tillväxt i mycket begränsad utsträckning beaktat branschstrukturens roll för tillväxt. I denna uppsats söker vi undersöka detta genom två forskningsfrågor: Bidrar teknikintensivt nyföretagande relativt mer till tillväxt i branscher med mer behov av ny teknik? Är tillväxten av nya teknikbaserade företag betingad av vissa branschstrukturers behov av ny teknik? Vi undersöker dessa frågor med hjälp av en mikro-meso modell av endogen tillväxt som testas på en totalräknad databas av kunskapsintensiva sektorer i Sverige mellan 1995–2002

  • 776. Wennberg, Karl
    et al.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Implications of Intra-Family and External Ownership Transfer of Family Firm: short-term and long-term performance differences2011In: Strategic Entrepreneurship Journal, ISSN 1932-4391, E-ISSN 1932-443X, Vol. 5, no 4, p. 352-372Article in journal (Refereed)
    Abstract [en]

    We contrast the performance consequences of intra-family versus external ownership transfers. Investigating a sample of all private family firms in Sweden that went through ownership transfers during 10 years, we find that firms transferred to external owners outperform those transferred within the family, but that survival is higher among intra-family transfers. We attribute these performance differences to the long-term orientation of family firms passed on to the next generation and to the entrepreneurial willingness of acquirers to bear uncertainty. Based on distinct ownership transition routes and theoretical mechanisms explaining performance differences, we outline implications for family business and entrepreneurship research.

  • 777.
    Wielsma, Albertha
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Windesheim University of Applied Sciences, Netherlands.
    Corporate reputation and the family business2015In: Theoretical perspectives on family businesses / [ed] Mattias Nordqvist, Leif Melin, Matthias Waldkirch and Gershon Kumeto, Cheltenham: Edward Elgar Publishing, 2015, p. 233-252Chapter in book (Refereed)
    Abstract [en]

    Corporate reputation is a largely neglected topic in the family firm literature. That neglect is surprising because corporate reputation is found to be an important source of competitive advantage and can therefore be an explanatory factor for firm performance and behaviour. The purpose of this chapter is to contribute to the field of family business by demonstrating the potential of the reputation research in this field. The chapter first introduces the corporate reputation construct and how this construct and the related constructs of image and reputation capital are approached in the literature from different disciplines. The second part of the chapter provides a review of the current family business literature on this topic. Three approaches of corporate reputation have been identified: 1. Reputation of family firms as an assessment by stakeholders. 2. Reputation as a managerial goal to preserve socioemotional wealth. 3. Reputation as a communication goal or strategy of family firms. The discussion of the literature identifies major gaps in our knowledge and in our methodological orientation that represent opportunities for future research.

  • 778.
    Wielsma, Albertha
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Windesheim University of Applied Sciences, Zwolle, Netherlands.
    Brunninge, Olof
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    “Who am I? Who are we?”: Understanding the impact of family business identity on the development of individual and family identity in business families2019In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593Article in journal (Refereed)
    Abstract [en]

    Family firms incorporate two identities, namely the identity of the firm and the identity of the family. Previous literature assumes that the owning family influences the identity of the firm by transferring the values and beliefs of the owners to the firm. However, identity theory suggests that identity formation is a dynamic process, based on iterations with the environment and interpretations of the past identity. In family firms this means that identity of the family can also be influenced by the firm. In this longitudinal study of a multi-generational family firm, we draw from identity literature to explore how the interplay between the business and the family identity can take place in a family firm. Our observations suggest that the identity of the firm can influence identity processes on various levels and that this is not necessarily beneficial for the family. Our study thus contributes to the understanding of identity issues in family firms. 

  • 779.
    Wigren-Kristoferson, Caroline
    et al.
    Department of Business Administration, Lund University, Sweden.
    Aggestam, M.
    Alsos, G.
    Brundin, Ethel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Grande, J.
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Korsgaard, S.
    Ljunggren, E.
    Stevenson, A.
    Entrepreneurship and digital embeddedness: virtual opportunities or challenges?2017Conference paper (Refereed)
  • 780.
    Wigren-Kristoferson, Caroline
    et al.
    Department of Business Administration, Lund University, Sweden.
    Brundin, Ethel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Stevenson, A.
    Aggestam, M.
    Disembeddedness, prior industry experience and opportunity creation processes2017Conference paper (Refereed)
  • 781.
    Wiklund, Johan
    et al.
    Whitman School of Management, Syracuse University.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Bird, Miriam
    Stockholm School of Economics.
    Internal Versus External Ownership Transition in Family Firms: An Embeddedness Perspective2013In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 37, no 6, p. 1319-1340Article in journal (Refereed)
    Abstract [en]

    We investigate factors that influence family business owners' choice between passing ownership within the family or to new external owners. Taking an embeddedness perspective focusing on owner-family structure and involvement, we hypothesize that ownership dispersion, number of potential heirs, multigenerational involvement, and whether the chief executive officer is a family member influence the choice of an internal or external transition of ownership. We build a longitudinal data set from a sample of 3,829 family firms and their ownership transitions. Our theorizing and findings regarding ownership transitions complements the abundant research on management succession and therefore constitutes an important contribution to the literature.

  • 782.
    Wilhelm, Hendrik
    et al.
    University of Cologne, Germany.
    Steigenberger, Norbert
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Juntunen, J.
    Expanding Performance Feedback Theory to Temporary Organizations2017Conference paper (Refereed)
    Abstract [en]

    Temporary organizations—such as projects—are increasingly relevant, yet organization theory on temporary organizations remains incomplete. In particular, we have little understanding of when and how temporary organizations change. Performance feedback theory, the behavioral theory of the firm’s cornerstone to explain change in organizations, provides a promising platform to address this problem. We bring together ideas on goal-based aspiration levels, time pressure, and vicarious learning to expand performance feedback theory to temporary organizations. Specifically, we theorize and test how time pressure and vicarious learning affect aspiration-level induced change in temporary organizations. We test our theory using a unique longitudinal dataset on 575 fundraising projects (7,752 observations) published on Kickstarter. Our results largely confirm our theorizing, demonstrating that performance below the aspiration level (i.e. negative performance feedback) has a non-linear effect on the change of narratives, which is attenuated by time pressure. Furthermore, performance below the aspiration level benefits vicarious learning of complex and general narratives from best-performing peers, a result that parallels temporary organizations and non-temporary organizations. We discuss implications for performance feedback theory and vicarious learning in temporary organizations.

  • 783.
    Wixe, Sofia
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Nilsson, Pia
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Westlund, Hans
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Disentangling innovation in small food firms: The role of external knowledge, support, and collaboration2016Conference paper (Refereed)
  • 784.
    Wixe, Sofia
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Nilsson, Pia
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Westlund, Hans
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE). KTH Royal Institute of Technology, Stockholm, Sweden.
    Disentangling innovation in small food firms: The role of external knowledge, support, and collaboration2017Report (Other academic)
    Abstract [en]

    This paper applies unique survey data on innovation and external interaction of small food producers in Sweden.The overall purpose is to test if firms that are more engaged in external interaction are more innovative. To disentangle innovativeness beyond new goods and services, innovation is measured as new processes, new markets, new suppliers, new ways of organization, and new distributors. Findings point to a positive relationship between firm innovation and external interaction, both in terms of collaboration, external knowledge and support from regional actors. In particular, collaboration regarding transports and sales is shown to enhance most types of innovation. Product and process innovation benefit from external knowledge from extra-regional firms as well as regional support from the largest firm. Findings suggest that current innovation policies can improve their efficiency by increasing their flexibility to enable tailor-made innovation policies at the local level.

  • 785.
    Wulandari, Febi
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Schäfer, Dorothea
    Jönköping University, Jönköping International Business School. German Institute for Economic Research DIW Berlin and CERBE.
    Stephan, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). German Institute for Economic Research DIW Berlin and Ratio institute.
    Sun, Chen
    Jönköping University, Jönköping International Business School.
    Liquidity risk and yield spreads of green bonds2018Report (Other academic)
    Abstract [en]

    This study analyses how liquidity risk affects bonds’ yield spreads after controlling for credit risk, bond-specific characteristics and macroeconomic variables. Using two liquidity estimates, LOT liquidity and the bid-ask spread, we find that, in particular, the LOT liquidity measure has explanatory power for the yield spread of green bonds. Overall, however, the impact of LOT decreases over time, implying that, nowadays liquidity risk is negligible for green bonds.

  • 786.
    Wulandari, Febi
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Schäfer, Dorothea
    Jönköping University, Jönköping International Business School. DIW Berlin, Germany.
    Stephan, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Economics. DIW Berlin, Germany.
    Sun, Chen
    Jönköping University, Jönköping International Business School.
    The impact of liquidity risk on the yield spread of green bonds2018In: Finance Research Letters, ISSN 1544-6123, E-ISSN 1544-6131, Vol. 27, p. 53-59Article in journal (Refereed)
    Abstract [en]

    This study analyses how liquidity risk affects bonds’ yield spreads after controlling for credit risk, bond-specific characteristics and macroeconomic variables. Using two liquidity estimates, LOT liquidity and the bid-ask spread, we find that, in particular, the LOT liquidity measure has explanatory power for the yield spread of green bonds. Overall, however, the impact of LOT decreases over time, implying that, nowadays liquidity risk is negligible for green bonds.

    The full text will be freely available from 2020-02-24 00:00
  • 787. Wulf, Inge
    et al.
    Inwinkl, Petra
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    Ökologische Aspekte in der CSR-Berichterstattung deutscher und schwedischer Unternehmen: [Ecological aspects in the CSR reporting of German and Swedish companies]2018In: Zeitschrift für Umweltpolitik und Umweltrecht, ISSN 0931-0983, no 4, p. 468-506Article in journal (Refereed)
  • 788.
    Zahra, Shaker A.
    et al.
    University of Minnesota.
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Larraneta, Barbara
    Pablo de Olavide University.
    Industry Knowledge Characteristics, Prior Experience and New Venture Survival2015In: Academy of Management Proceedings, January 2015 (Meeting Abstract Supplement) 17103, 2015Conference paper (Refereed)
    Abstract [en]

    Recent research suggests that new ventures can overcome threats to their survival by gaining access to technological knowledge from other firms in their industry, even without directly transacting with them or joining their networks. This happens through vicarious learning that allows these ventures to abduct spillovers of industry knowledge made public through patents. We propose that the effects of the industry public knowledge on new venture survival are likely to depend on the unique characteristics of that knowledge—its breadth and newness—and its interaction with a venture’s human capital’s prior experience in the industry. We test and find support for these predictions in a sample of Swedish new ventures. The study contributes to the literatures in organizational learning and new venture survival.

  • 789.
    Zahra, Shaker A.
    et al.
    University of Minnesota.
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Larraneta, Barbara
    Pablo de Olavide University.
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Industry knowledge and new venture survival2014Conference paper (Refereed)
  • 790.
    Zehra, Khizran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Achtenhagen, Leona
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    Tracking gender in entrepreneurial development processes in Pakistan2011Conference paper (Refereed)
    Abstract [en]

    The main purpose of this paper is to critically assess the context and policy environment for the recent development of women’s entrepreneurship in Pakistan. The paper highlights the fact that Pakistani women have been the passive recipients of various opportunities and programmes related to welfare and development, e.g. related to skill training, but the political commitment needed for achieving a fundamental change of the role of women in society is only slowly emerging. The Pakistani system has traditionally favoured large companies rather than SMEs and entrepreneurs, which has resulted in an economic contribution which is only slowly accelerating. Though there are some positive trends for empowering women entrepreneurs, the gender gap actually appears to be increasing in Pakistan.

  • 791.
    Zehra, Khizran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Informal Entrepreneurship and Dynamic Governance Mechanisms: Role of Entrepreneurial Resourcefulness2015In: Academy of Management Proceedings, January 2015 (Meeting Abstract Supplement) 16786, 2015 / [ed] John Humphreys, 2015Conference paper (Refereed)
    Abstract [en]

    Drawing on perspective of real governance this paper examines the informal and formal governance mechanisms of small informal-semi formal entrepreneurial firms. Empirically this study has been conducted in Pakistan and sample firms have been drawn from event planning industry. They are mostly young and small informal or semi-formal firms and have strongly emerged against core competition contributed by traditional hotel and catering industry. Findings improved our understanding of everyday governance i.e. real governance and elaborated the concept of entrepreneurial resourcefulness in un-favored institutionalized environment. As we found resourcefulness perspective be supportive in the process of generation and evolution of governance patterns.

  • 792.
    Zellweger, Thomas M.
    et al.
    University of St. Gallen, Switzerland.
    Nason, Robert S.
    Babson College, Boston, USA.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Brush, Candida G.
    Babson College, Arthur M. Blank Center for Entrepreneurship.
    Why Do Family Firms Strive for Nonfinancial Goals? An Organizational Identity Perspective2013In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 37, no 2, p. 229-248Article in journal (Refereed)
    Abstract [en]

    This paper develops an organizational identity-based rationale for why family firms strive for nonfinancial goals. We show that the visibility of the family in the firm, the transgenerational sustainability intentions of the family, and the capability of the firm for self-enhancement of the family positively influence the importance of identity fit between family and firm as well as the family's concern for corporate reputation. We suggest that the concern for corporate reputation leads the family to pursue nonfinancial goals to the benefit of nonfamily stakeholders. We also discuss reinforcing feedback loops in these processes.

  • 793.
    Zellweger, Thomas
    et al.
    University of St Gallen.
    Nason, Robert
    Babson College.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    From Longevity of Firms to Transgenerational Entrepreneurship of Families: Introducing Family Entrepreneurial Orientation2012In: Family Business Review, ISSN 0894-4865, E-ISSN 1741-6248, Vol. 25, no 2, p. 136-155Article in journal (Refereed)
    Abstract [en]

    Whereas existing research on the longevity of family firms has focused on the survival of firms, this article investigates transgenerational entrepreneurship of families. By building on the transgenerational entrepreneurship research framework, the authors argue that by shifting from firm to family level of analysis, one gains a deeper understanding of family firms’ ability to create value across generations. The authors find evidence for their argument in that such a level shift reveals extended entrepreneurial activity, which is missed when focusing exclusively on the firm level. The study introduces and empirically explores the construct of family entrepreneurial orientation, which may serve as an antecedent to transgenerational value creation by families.

  • 794. Zellweger, Thomas
    et al.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Nason, Robert
    Why do firms strive for non-pecuniary performance outcomes?2008In: Annual Meeting of the Academy of Management, 2008Conference paper (Refereed)
  • 795.
    Zellweger, Thomas
    et al.
    University of St Gallen.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Nason, Robert
    Babson College.
    Brush, Candida
    Babson College.
    Why Do Firms Strive for Non-Pecuniary Performance Outcomes: The Case of the Family Firm2009Conference paper (Refereed)
13141516 751 - 795 of 795
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