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Exploring the entrepreneurial Tendencies of Family Firms : Does the Stewardship Perspective explain Differences?

Kimberley H. Eddleston, Franz W. Kellermanns & Thomas Zellweger

version abrégée Drawing from stewardship theory we investigate corporate entrepreneurship in family firms. We argue that stewardship culture determinants – comprehensive strategic decision-making, participative governance, long-term orientation and human capital –differentiate the most entrepreneurial family firms. Based on a study of 179 family firms, we show that comprehensive strategic decision-making and long-term orientation contribute to corporate entrepreneurship. Additionally, family-to-firm unity enhances the positive effects participative governance and long-term orientation have on corporate entrepreneurship. While we found that family-to-firm unity can compensate for low human capital, unexpectedly, we also found that family-to-firm unity can dampen the positive relationship between human capital and corporate entrepreneurship
   
Genre Journal paper
   
mot-clé Family business, Stewardship Theory
   
Projet Strategic Entrepreneurship in Family Firms
langue English
kind of paper journal article
date de sortie de la publication 1-3-2012
journal Entrepreneurship Theory & Practice
maison d'édition Wiley (Baylor University)
ISSN 1042-2587
ISSN (online) 1540-6520
DOI 10.1111/j.1540-6520.2010.00402.x
émission du journal 36
numéro du journal 2
page(s) 347-367
Review Double-Blind Review
   
citation Eddleston, K. H., Kellermanns, F. W., & Zellweger, T. (2012). Exploring the entrepreneurial Tendencies of Family Firms: Does the Stewardship Perspective explain Differences?. Entrepreneurship Theory & Practice, 36(2), 347-367, DOI:10.1111/j.1540-6520.2010.00402.x.