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Listed Family Firm Stakeholder Orientations: The Critical Role of Value-creating Family Factors

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  • Heino, Noora
  • Tuominen, Pasi
  • Jussila, Iiro

Abstract

Many studies have established that listed family firms differ from both, their non-family counterparts as well as from private family firms. However, there is a lack of research that provides a comprehensive picture on how and what kinds of family-related factors affect stakeholder orientations and relations in listed family companies. In order to capture the impact of family ownership, control, and management in this context, we engage a qualitative inductive study and give voice to representatives of 16 Finnish listed family firms of varying size and industry. Our study contributes to the still nascent literature on listed family firm stakeholder orientations and relations and provides academics and practitioners with evidence to understand critical factors affecting listed family firm decision-making and behavior. Implications for future research and practice are also discussed.

Suggested Citation

  • Heino, Noora & Tuominen, Pasi & Jussila, Iiro, 2020. "Listed Family Firm Stakeholder Orientations: The Critical Role of Value-creating Family Factors," Journal of Family Business Strategy, Elsevier, vol. 11(4).
    • Handle: RePEc:eee:fambus:v:11:y:2020:i:4:s1877858520301030
    DOI: 10.1016/j.jfbs.2020.100376
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