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Looking forward: The role of multiple regression in family business research

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  • Hopkins, Lucas
  • Ferguson, Keith E.
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    Abstract

    This article assesses the role of regression analysis in family business research. We discuss four specific types of regression (multiple linear, stepwise, hierarchical, and nonlinear) and review how each type has been used in prior family business research. In order to specify a systematic guide to using regression analysis, specific examples are provided using SPSS. The article concludes by providing several rules of thumb for the use of regression analysis.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Family Business Strategy.

    Volume (Year): 5 (2014)
    Issue (Month): 1 ()
    Pages: 52-62

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    Handle: RePEc:eee:fambus:v:5:y:2014:i:1:p:52-62

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    Related research

    Keywords: Regression analysis; Nonlinear regression; Research methods; Family business; Best practice;

    References

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    1. Igor Filatotchev & Natalia Isachenkova & Tomasz Mickiewicz, 2007. "Corporate Governance, Managers' Independence, Exporting, and Performance of Firms in Transition Economies," Emerging Markets Finance and Trade, M.E. Sharpe, Inc., vol. 43(5), pages 62-77, October.
    2. Olson, Patricia D. & Zuiker, Virginia S. & Danes, Sharon M. & Stafford, Kathryn & Heck, Ramona K. Z. & Duncan, Karen A., 2003. "The impact of the family and the business on family business sustainability," Journal of Business Venturing, Elsevier, vol. 18(5), pages 639-666, September.
    3. Ronald C. Anderson & David M. Reeb, 2003. "Founding-Family Ownership and Firm Performance: Evidence from the S&P 500," Journal of Finance, American Finance Association, vol. 58(3), pages 1301-1327, 06.
    4. Robert W. Fairlie & Alicia Robb, 2007. "Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 60(2), pages 225-245, January.
    5. Lorraine Uhlaner, 2002. "The Use of the Guttman Scale in Development of a Family Business Index," Scales Research Reports H200203, EIM Business and Policy Research.
    6. Morris, Michael H. & Williams, Roy O. & Allen, Jeffrey A. & Avila, Ramon A., 1997. "Correlates of success in family business transitions," Journal of Business Venturing, Elsevier, vol. 12(5), pages 385-401, September.
    7. Jarque, Carlos M. & Bera, Anil K., 1980. "Efficient tests for normality, homoscedasticity and serial independence of regression residuals," Economics Letters, Elsevier, vol. 6(3), pages 255-259.
    8. Alfredo D’Angelo, 2012. "Innovation and export performance: a study of Italian high-tech SMEs," Journal of Management and Governance, Springer, vol. 16(3), pages 393-423, August.
    9. Jeffrey M. Wooldridge, 2003. "Cluster-Sample Methods in Applied Econometrics," American Economic Review, American Economic Association, vol. 93(2), pages 133-138, May.
    10. Chrisman, James J. & Chua, Jess H. & Kellermanns, Franz W. & Chang, Erick P.C., 2007. "Are family managers agents or stewards? An exploratory study in privately held family firms," Journal of Business Research, Elsevier, vol. 60(10), pages 1030-1038, October.
    11. Miller, Danny & Le Breton-Miller, Isabelle & Lester, Richard H. & Cannella Jr., Albert A., 2007. "Are family firms really superior performers?," Journal of Corporate Finance, Elsevier, vol. 13(5), pages 829-858, December.
    12. Wilson, Shawn R. & Whitmoyer, Jeffrey G. & Pieper, Torsten M. & Astrachan, Joseph H. & Hair, Joseph F. & Sarstedt, Marko, 2014. "Method trends and method needs: Examining methods needed for accelerating the field," Journal of Family Business Strategy, Elsevier, vol. 5(1), pages 4-14.
    13. Zahra, Shaker A., 2003. "International expansion of U.S. manufacturing family businesses: the effect of ownership and involvement," Journal of Business Venturing, Elsevier, vol. 18(4), pages 495-512, July.
    14. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
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