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  • Publication
    The Link Between Family Firm Dynamics, Image and Firm Performance
    (SMS Strategic Management Society, 2011-11-06)
    Memili, Esra
    ;
    Kellermanns, Franz W.
    ;
    Eddleston, Kimberley H.
    ;
    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.