Firms need to transform dramatically to maintain their operations and survive. The pandemic
has shown how family businesses (FBs) are solving complex problems faster than non …

We use a social exchange perspective to review family firm succession literature owing to its
fit with the multiphase, multistakeholder nature of the process. We searched the history of 34 …

Research shows that family firms are less entrepreneurial, on average, especially after the
founder departs. There are notable exceptions, however, and so we build a new theory to …

Existing research on resilience varies across fields on analysis and presents scattered and
diverse definitions. For example, the literature suggests that resilience in organisations is …

In this article, we provide guidelines that are useful to family business researchers when
deciding whether and how to use case studies as well as to reviewers and editors when …

There are competing theoretical explanations and conflicting empirical evidence for the
initial public offering (IPO) underpricing phenomenon in family firms. The behavioral agency …

The behavioral agency model suggests that to preserve socioemotional wealth, loss-averse
family firms usually invest less in R&D than nonfamily firms. However, behavioral agency …

How can family firms unlock their innovation potential? Despite the recent growth in
research on family business innovation, existing literature has yielded controversial findings …

Goal setting in family firms is very complex due to the interplay between family and business
systems. However, this topic is largely overlooked in family business research. In this …

Family firms are ubiquitous and play a crucial role across all world economies, but how they
differ in the disclosure of social and environmental actions from non-family firms has been …