EconPapers    
Economics at your fingertips  
 

Examining relationships among family influence, family culture, flexible planning systems, innovativeness and firm performance

Justin B. Craig, Clay Dibrell and Robert Garrett

Journal of Family Business Strategy, 2014, vol. 5, issue 3, 229-238

Abstract: The purpose of this article is to draw on the resource-based view of the firm and the upper echelons theoretical perspective to position family influence, family business culture and flexible planning systems as drivers of firm innovativeness, and subsequently firm performance. We establish these relationships using SEM statistical techniques to analyze responses of small- to medium-sized family businesses using established survey instruments. We find evidence that family influence positively influences family culture, that family culture improves the ability of families to be strategically flexible and that this flexibility positively impacts firm innovativeness, subsequently benefitting firm performance. The implications for practitioners are discussed.

Keywords: Family influence; Family culture; Flexible planning systems; Firm innovativeness; Firm performance (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1877858513000612
Full text for ScienceDirect subscribers only

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:eee:fambus:v:5:y:2014:i:3:p:229-238

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/719791/bibliographic
http://www.elsevier. ... 719791/bibliographic

Access Statistics for this article

Journal of Family Business Strategy is currently edited by J.H. Astrachan

More articles in Journal of Family Business Strategy from Elsevier
Series data maintained by Dana Niculescu ().

 
Page updated 2017-09-29
Handle: RePEc:eee:fambus:v:5:y:2014:i:3:p:229-238