While progress has been made in recent years to understand the differences among family
firms, insights remain fragmented due, in part, to an incomplete understanding of …

Goals are a key differentiator between family businesses and non‐family businesses. To
improve understanding of this topic, the authors take stock of what they know about goals in …

New digital technologies have prompted many firms, including family firms, to innovate their
business models. We study the role of dynamic capabilities as mediator in the relationship …

Abstract Family-controlled firms (FCFs)'prevalence, strategies, and performance differ across
countries. We explain these differences through the lens of informal institutions, suggesting …

Management theories developed in the United States and Europe have dominated
management and organizational studies. As a result, scholars often overlook subtle cultural …

Structural equation modeling (SEM) has become a mainstream method in many fields of
business research, but its use in family business research remains in its infancy. This lag in …

Managerial risk taking is a critical aspect of strategic management. To improve competitive
advantage and performance, managers need to take risks, often in an uncertain …

State-owned enterprises represent approximately 10% of global gross domestic product. Yet
they remain relatively underexplored by management scholars. Firms have often been …

This paper explores whether concern for socioemotional wealth enhances or undermines
the positive effect of entrepreneurial orientation on family firm performance. Two analysis …

Agency and stewardship theories are prominent perspectives to examine myriad issues
within family firms. Although considered opposing theories, both address the same …