Through its rapid growth during the past decade, family business research has reached its
adolescence as a field of study, and family business scholars now regularly contribute …

The study of the roles, impact, and challenges associated with nonfamily members in family
firms has generated considerable attention in the literature. To gain an appreciation of this …

Family firms are often portrayed as an important yet conservative form of organization that is
reluctant to invest in innovation; however, simultaneously, evidence has shown that family …

Using behavioral and stakeholder theories, we suggest that family firms may have family–
centered non–economic goals and that these goals could influence firm behaviors. This …

Family firms are thought to pursue nonfinancial goals that provide socioemotional wealth,
but socioemotional wealth is feasible only with family control of the firm. Using prospect …

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 …

For a solution to the family business definition dilemma, we propose the application of a
scale that assesses the extent and the quality of family influence via the measurement of …

Family firms are essential for economic growth and development through new business
startups and growth of existing family firms. Entrepreneurial behavior by the CEO is essential …

abstract We apply the resource‐based view of the firm to the study of family firms by
investigating how a family specific resource (reciprocal altruism) and a firm specific resource …

The universe of family firms is heterogeneous, and findings gleaned from publicly listed firms
may not apply to the ubiquitous, but less frequently studied, privately held family firm (PFF) …