Corporate Entrepreneurship in Family Firms: The Roles of Family Commitment and Long-Term Orientation.

Autor: Fu, Ying, Su, Emma, Dou, Junsheng
Zdroj: Academy of Management Annual Meeting Proceedings; 2024, Vol. 2024 Issue 1, p1-6, 6p
Abstrakt: Prior research offers conflicting findings regarding the effect of family involvement in a firm on the firm corporate entrepreneurship. Some studies suggest family involvement has a positive effect on corporate entrepreneurship, while others suggest the opposite. This study argues that family commitment—the essence of family influence —plays an instrumental role in corporate entrepreneurship. From the dominant coalition perspective, we theorize that family commitment facilitates corporate entrepreneurship and the effect of family commitment is mediated through the firm's long-term orientation (LTO). An empirical analysis of 956 family firms from China supports our hypotheses. This study provides new insights into the relationship between family influence and corporate entrepreneurship in family firms, as well as highlights the LTO as the underlying mechanism of family influence. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index