Satisfaction with Firm Performance in Family Businesses

Raj V. Mahto, Peter S. Davis, John A. Pearce and Richard B. Robinson

Entrepreneurship Theory and Practice, 2010, vol. 34, issue 5, 985-1002

Abstract: Business goals in family businesses are often subsumed by family goals. As a result, reference performance for each family business is different. This makes the popular financial performance measure of publicly traded companies, profit maximization, insufficient for family businesses. We believe that for evaluating family businesses, the family members‘ satisfaction with firm performance is a better measure of performance. In the study, we identify three predictors of family members‘ satisfaction with firm performance and test the proposed linkages on two samples of family businesses.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1111/j.1540-6520.2010.00393.x (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:34:y:2010:i:5:p:985-1002

DOI: 10.1111/j.1540-6520.2010.00393.x

Access Statistics for this article

More articles in Entrepreneurship Theory and Practice
Bibliographic data for series maintained by SAGE Publications ().