Entrepreneurial paths to family firm performance

Sascha Kraus, Andreas Kallmuenzer, Daniel Stieger, Mike Peters and Andrea Calabrò ()

Journal of Business Research, 2018, vol. 88, issue C, 382-387

Abstract: This article draws upon a new framework, proposing that family firm financial performance does not depend on single distinctive antecedents, but rather on the combination (configurations) of multiple entrepreneurial, governance- and family-related factors (innovativeness, proactiveness, risk-taking, transfer intentions and family involvement). Drawing on a sample of 149 family firms, this study employs a fuzzy-set qualitative comparative analysis (fsQCA) to investigate these configurations as antecedents of firm performance. Its findings show four common configurations which strongly relate to above-average performance. In seven qualitative follow-up interviews, the study discusses these four configurations and three additional contrarian cases that also lead to positive performance.

Keywords: Family firm; Entrepreneurship; Governance; Mixed methods; fsQCA (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:88:y:2018:i:c:p:382-387

DOI: 10.1016/j.jbusres.2017.12.046

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