| Item Type |
Journal paper
|
| Abstract |
We propose a framework describing how family ownership can create or destroy value depending on the goals, resources, and governance of the family firm, which are each influenced by the family owners. Taking a contingency perspective, we suggest that a fit is required for all three elements - family-influenced goals, resources, and governance - for the family firm to flourish over generations. We conclude with a suggested research agenda indicating research opportunities at the nexus of these identified elements. Further we provide some guiding questions for practitioners that might stimulate fruitful discussions among family firm owners and managers about how to realize "fit." |
| Authors |
Kammerlander, Nadine; Sieger, Philipp; Voordeckers, Wim & Zellweger, Thomas |
| Journal or Publication Title |
Journal of Family Business Strategy |
| Language |
English |
| Keywords |
Family firm; Value creation; Governance; Contingency view; Goals; Resources |
| Subjects |
business studies |
| HSG Classification |
contribution to scientific community |
| Refereed |
Yes |
| Date |
June 2015 |
| Publisher |
Elsevier |
| Place of Publication |
Amsterdam |
| Volume |
6 |
| Number |
2 |
| Page Range |
63-72 |
| ISSN |
1877-8585 |
| ISSN-Digital |
1877-8593 |
| Publisher DOI |
https://doi.org/10.1016/j.jfbs.2015.04.001 |
| Depositing User |
Prof. Dr. Nadine Kammerlander
|
| Date Deposited |
14 Apr 2015 13:33 |
| Last Modified |
20 Jul 2022 17:24 |
| URI: |
https://www.alexandria.unisg.ch/publications/240451 |
Value Creation in Family Firms: A Model of Fit
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