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The Link Between Family Firm Dynamics, Image and Firm Performance

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

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abstract In this study, we draw upon organizational identity theory to examine factors that lead to the creation of family firm image and investigate how a family firm image impacts firm performance. We find that family firm pride, community social ties, and long-term orientation are positively associated with the likelihood that a firm portrays itself as a family business to consumers and stakeholders. In turn, we find that a family firm image benefits firm performance. Thus, our study demonstrates that by building a family firm image the unique family influences on the firm can be leveraged to create a competitive advantage for family firms.
   
type conference paper (English)
   
keywords Family Business, Family Image, Brand
   
project Strategic Entrepreneurship in Family Firms
name of conference 31st SMS Annual International Conference (Miami)
date of conference 6-11-2011
title of proceedings Strategies for a Multi-Polar World
page(s) 1-35
publisher SMS Strategic Management Society (Chicago)
review internal review
   
citation Memili, E., Kellermanns, F. W., Eddleston, K. H., & Zellweger, T. (2011). The Link Between Family Firm Dynamics, Image and Firm Performance. In Strategies for a Multi-Polar World, pp.1-35. Chicago: SMS Strategic Management Society.