Options
Thomas Zellweger
Title
Prof. Dr.
Last Name
Zellweger
First name
Thomas
Email
thomas.zellweger@unisg.ch
ORCID
Phone
+41 71 224 71 00
Google Scholar
Now showing
1 - 7 of 7
-
PublicationType: journal articleJournal: Family Business Review
-
PublicationExploring the entrepreneurial Behavior of Family Firms: Does the Stewardship Perspective explain Differences?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 entrepreneurshipType: journal articleJournal: Entrepreneurship Theory & PracticeVolume: 36Issue: 2
Scopus© Citations 239 -
PublicationExtending the Socioemotional Wealth Perspective: A Look at the dark SideWe extend the socioemotional wealth (SEW) perspective by arguing that SEW can be negatively associated with proactive stakeholder engagement (PSE). We further suggest that the SEW dimensions can be associated with positive or negative valence. Lastly, we propose that negatively valenced SEW dimensions lead to family centric behavior, which negatively affects PSE. This multifaceted conceptualization of SEW allows us to explain how family firms can partake in harmful stakeholder behaviors despite having seemingly strong SEW. Our paper suggests that SEW can be either an affective endowment or burden for family firms and their constituents.Type: journal articleJournal: Entrepreneurship: Theory and PracticeVolume: 36Issue: 6
Scopus© Citations 328 -
PublicationFamily Control and Family Firm Valuation by Family CEOs : The Importance of Intentions for Transgenerational Control(InformsOnline, 2012-05)
;Kellermanns, Franz W. ;Chrisman, James J.Chua, Jess H.Family firms are thought to pursue non-financial goals that provide socioemotional wealth but socioemotional wealth is feasible only with family control of the firm. Using prospect theory, we hypothesize that socioemotional wealth increases with the extent of current control, duration of control, and intentions for transgenerational control thus adding to the price at which owners would be willing to sell their firms to non-family buyers. Findings from two countries show that current control has no impact and duration of control has a mixed impact. However, intention for transgenerational control has a consistent positive impact on the perceived acceptable selling priceType: journal articleJournal: Organization ScienceVolume: 23Issue: 3Scopus© Citations 608 -
PublicationBuilding a Family Firm Image: : How Family Firms capitalize on their Family Ties(Elsevier, 2012-12)
;Kellermanns, Franz W. ;Eddleston, Kimberley H.Memili, EsraType: journal articleJournal: Journal of Family Business StrategyVolume: 3Issue: 4Scopus© Citations 180 -
PublicationThe Critical Path to Family Firm Success through Entrepreneurial Risk Taking and Image(Elsevier, 2010-12)
;Memili, Esra ;Eddleston, Kimberley H. ;Kellermanns, Franz W.Barnett, TimDrawing from organizational identity theory, we explore how family ownership and family expectations influence family firm image and entrepreneurial risk taking, and ultimately firm performance. We find support for a fully-mediated model, utilizing a sample of 163 Swiss family firms. Family ownership was shown to positively influence the development of a family firm image. High family expectations of the firm leader was shown to promote a family firm image and risk taking. In turn, risk taking and family firm image contributed to firm performance. Accordingly, our study identifies why family ownership and family expectations can benefit family firm performance - through their influence on family firm image and entrepreneurial risk taking.Type: journal articleJournal: Journal of Family Business StrategyVolume: 1Issue: 4Scopus© Citations 131 -
PublicationExploring the Concept of Familiness : Introducing Family Firm IdentityOur paper contributes to the overarching question: "How does the family contribute to firm success?" We add to the nomological net of the familiness construct, by reaching beyond the components of involvement and the essence approach and by introducing organizational identity as a third dimension of familiness. As such, we investigate which families are most likely to build familiness. Specifically, the organizational identity dimension of familiness reflects how the family defines and views the firm, which can facilitate performance advantages through leveraging familiness both internally and externally. Lastly, we discuss how the combinations of components of involvement, essence and identity dimensions of familiness interact and explain why and how some families are a key resource to their firms while others add little value to their organizations.Type: journal articleJournal: Journal of Family Business StrategyVolume: 1Issue: 1
Scopus© Citations 528