Advanced Search
MyIDEAS: Login

Application of metric conjoint analysis in family business research

Contents:

Author Info

  • Hanisch, David N.
  • Rau, Sabine B.
Registered author(s):

    Abstract

    Strategic decisions are important because they influence the strategic direction, competitive positioning and performance of firms. However, these decisions are difficult to research, especially in family firms, as their top managers are even less forthcoming than those of their non-family counterparts. With the metric conjoint analysis method, researchers are able to analyze management decisions at the time when they are made. This method is based on an experimental technique in which the manager has to make a series of judgments based on a number of decision scenarios containing a set of decision attributes. Based on the experiment, the underlying structure of the manager's decision-making process can be investigated. This article conducts a literature review of management studies using metric conjoint analysis, presents an exemplary study in the family business field and suggests potential future applications for this method in family business research.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/pii/S1877858514000072
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

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

    Volume (Year): 5 (2014)
    Issue (Month): 1 ()
    Pages: 72-84

    as in new window
    Handle: RePEc:eee:fambus:v:5:y:2014:i:1:p:72-84

    Contact details of provider:
    Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/719791/description#description

    Order Information:
    Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/719791/bibliographic
    Web: http://www.elsevier.com/wps/find/journaldescription.cws_home/719791/bibliographic

    Related research

    Keywords: Metric conjoint analysis; Experimental research; Management research; Boundary research; Management consulting; Family business;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. J. Michael Haynie & Dean A. Shepherd & Jeffery S. McMullen, 2009. "An Opportunity for Me? The Role of Resources in Opportunity Evaluation Decisions," Journal of Management Studies, Wiley Blackwell, vol. 46(3), pages 337-361, 05.
    2. Memili, Esra & Chrisman, James J. & Chua, Jess H. & Chang, Erick P.C. & Kellermanns, Franz W., 2011. "The determinants of family firms' subcontracting: A transaction cost perspective," Journal of Family Business Strategy, Elsevier, vol. 2(1), pages 26-33, March.
    3. Jaskiewicz, Peter & Klein, Sabine, 2007. "The impact of goal alignment on board composition and board size in family businesses," Journal of Business Research, Elsevier, vol. 60(10), pages 1080-1089, October.
    4. Dean A. Shepherd, 1999. "Venture Capitalists' Assessment of New Venture Survival," Management Science, INFORMS, vol. 45(5), pages 621-632, May.
    5. Luis R. Gomez-Mejia & Marianna Makri & Martin Larraza Kintana, 2010. "Diversification Decisions in Family-Controlled Firms," Journal of Management Studies, Wiley Blackwell, vol. 47(2), pages 223-252, 03.
    6. McKelvie, Alexander & Haynie, J. Michael & Gustavsson, Veronica, 2011. "Unpacking the uncertainty construct: Implications for entrepreneurial action," Journal of Business Venturing, Elsevier, vol. 26(3), pages 273-292, May.
    7. Reginald Litz & Nick Turner, 2013. "Sins of the Father’s Firm: Exploring Responses to Inherited Ethical Dilemmas in Family Business," Journal of Business Ethics, Springer, vol. 113(2), pages 297-315, March.
    8. Jeffery S. McMullen & Dean A. Shepherd, 2006. "Encouraging Consensus-Challenging Research in Universities," Journal of Management Studies, Wiley Blackwell, vol. 43(8), pages 1643-1669, December.
    9. DeTienne, Dawn R. & Shepherd, Dean A. & De Castro, Julio O., 2008. "The fallacy of "only the strong survive": The effects of extrinsic motivation on the persistence decisions for under-performing firms," Journal of Business Venturing, Elsevier, vol. 23(5), pages 528-546, September.
    10. Patzelt, Holger & Shepherd, Dean A. & Deeds, David & Bradley, Steven W., 2008. "Financial slack and venture managers' decisions to seek a new alliance," Journal of Business Venturing, Elsevier, vol. 23(4), pages 465-481, July.
    11. Mitchell, J. Robert & Shepherd, Dean A., 2010. "To thine own self be true: Images of self, images of opportunity, and entrepreneurial action," Journal of Business Venturing, Elsevier, vol. 25(1), pages 138-154, January.
    12. Dawson, Alexandra, 2011. "Private equity investment decisions in family firms: The role of human resources and agency costs," Journal of Business Venturing, Elsevier, vol. 26(2), pages 189-199, March.
    13. Shepherd, Dean A. & Zacharakis, Andrew & Baron, Robert A., 2003. "VCs' decision processes: Evidence suggesting more experience may not always be better," Journal of Business Venturing, Elsevier, vol. 18(3), pages 381-401, May.
    14. Yasai-Ardekani, 1997. "Contextual Determinants of Strategic Planning Processes," Journal of Management Studies, Wiley Blackwell, vol. 34(5), pages 729-767, 09.
    15. 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.
    16. Brundin, Ethel & Patzelt, Holger & Shepherd, Dean A., 2008. "Managers' emotional displays and employees' willingness to act entrepreneurially," Journal of Business Venturing, Elsevier, vol. 23(2), pages 221-243, March.
    17. Holger Patzelt & Dean A. Shepherd, 2008. "The Decision to Persist with Underperforming Alliances: The Role of Trust and Control," Journal of Management Studies, Wiley Blackwell, vol. 45(7), pages 1217-1243, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:fambus:v:5:y:2014:i:1:p:72-84. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.