The F–PEC Scale of Family Influence: Construction, Validation, and Further Implication for Theory

Sabine B. Klein, Joseph H. Astrachan and Kosmas X. Smyrnios

Entrepreneurship Theory and Practice, 2005, vol. 29, issue 3, 321-339

Abstract: For a solution to the family business definition dilemma, we propose the application of a scale that assesses the extent and the quality of family influence via the measurement of three dimensions: Power, Experience, and Culture. The Family Influence on Power, Experience, and Culture (F–PEC) scale is tested rigorously, utilizing a sample of more than 1,000 randomly selected companies, through the application of exploratory and confirmatory factor analytic techniques. The scale demonstrates high levels of reliability. F–PEC has been applied in a number of studies, contributing to theory development, particularly in terms of the impact of family influence on distinct resources, and as a source of competitive advantage.

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:29:y:2005:i:3:p:321-339

DOI: 10.1111/j.1540-6520.2005.00086.x

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