Preserving the longevity of long-lasting family businesses: a multilevel model

Elisa Conz (), Stefano Denicolai () and Alfredo Massis ()
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Elisa Conz: University of Pavia
Stefano Denicolai: University of Pavia
Alfredo Massis: Free University of Bozen-Bolzano

Journal of Management & Governance, 2024, vol. 28, issue 3, No 2, 707-744

Abstract: Abstract Prior research lacks an understanding of how decision makers preserve longevity within family businesses. This study examines longevity under a microfoundational lens, through an interpretive qualitative research design. The selected cases are nine long-established Australian family wineries. The outcome is a multilevel grounded model of the preservation of family firm longevity that integrates the dual firm-family relationship with the individual level of decision makers. The model shows the role played by interactions among multiple levels of analysis — namely, the individual, the family and the firm — in preserving the longevity of the family business.

Keywords: Family firm; Microfoundations; Longevity; Attitude; Long-term orientation (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10997-023-09670-z

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