The influences of family on the everyday business of a family firm entrepreneur

Sascha Kraus, Stefan Maerk and Mike Peters

International Journal of Entrepreneurship and Small Business, 2011, vol. 12, issue 1, 82-100

Abstract: Family firms are, as the name implies, the overlapping of two big communities, 'the family' and 'the firm'. Researchers from all over the world agree that the influence that a family has on the entrepreneur affects his activities. Another important point in family firms is the daily routines. In these routines, family members can get in touch with the entrepreneur. This study addresses how family firm members influence the acting of the entrepreneur. The theoretical background is based on two contrasting approaches, the principal-agent approach and the principal-steward approach. We employed the 'diary book method' to identify various interesting results, notably family firms tested positively to exercising the principal-steward approach and the 'diary book method' is an unexpected powerful research tool.

Keywords: family firms; principal-agents; principal-stewards; diary books; diaries; daily routines; micro tourism; stewardship; Vorarlberg; Austria; family influences; small and medium-sized enterprises; SMEs; entrepreneurs; entrepreneurship. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.inderscience.com/link.php?id=37341 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijesbu:v:12:y:2011:i:1:p:82-100

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().