DETERMINANTS OF FAMILY BUSINESS RESILIENCE AFTER A NATURAL DISASTER BY GENDER OF BUSINESS OWNER

Sharon M. Danes (), Jinhee Lee, Sayali Amarapurkar, Kathryn Stafford (), George Haynes () and Katherine E. Brewton
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Sharon M. Danes: Department of Family Social Science, University of Minnesota, 290 McNeal Hall, 1985 Buford Avenue, St. Paul, MN 55108, USA
Jinhee Lee: Department of Family Social Science, University of Minnesota, 290 McNeal Hall, 1985 Buford Avenue, St. Paul, MN 55108, USA
Sayali Amarapurkar: Department of Family Social Science, University of Minnesota, 290 McNeal Hall, 1985 Buford Avenue, St. Paul, MN 55108, USA
Kathryn Stafford: Department of Consumer Sciences, The Ohio State University, 1787 Neil Avenue, Columbus, OH 43210-1295, USA
George Haynes: Department of Agricultural Economics and Economics, Montana State University, 210 E. Linfied Hall, Bozeman, MT 59717, USA
Katherine E. Brewton: Department of Family Social Science, University of Minnesota, 290 McNeal Hall, 1985 Buford Avenue, St. Paul, MN 55108, USA

Journal of Developmental Entrepreneurship (JDE), 2009, vol. 14, issue 04, 333-354

Abstract: Using National Family Business Panel data combined with national natural disaster and federal disaster assistance data, the purpose of the study was to investigate relative contributions of human, social and financial capital; natural disaster exposure; and federal disaster assistance to business-owning family resilience over time for male and female family business owners. With a theoretical foundation of Sustainable Family Business and Conservation of Resources theories, the study examined 311 small family firms from the National Family Business Panel. Federal disaster assistance explained a significant amount of variance in firm-owning resilience. Higher levels of federal disaster assistance were associated with lower family firm resilience for male-owned businesses and higher family firm resilience for female-owned businesses. This study advances knowledge of firm sustainability after natural disasters by adding to the conceptualization and measurement of family firm resilience; by having baseline firm financial data prior to disaster exposure; by utilizing a national, representative, longitudinal family firm sample; by including a range of natural disasters and federal disaster assistance; and by including family resilience over time.

Keywords: Family business resilience; federal disaster assistance; Sustainable Family Business Theory (SFBT) (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (27)

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DOI: 10.1142/S1084946709001351

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