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Attitudes of Owner-Managers' Children towards Family and Business Issues

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  • Sue Birley

Abstract

This paper reports responses from 412 children of owner-managers (61% sons and 39% daughters) with regard to their attitudes to family and business Issues. The assumption in the study was that respondents would display a consistent set of attitudes toward the relationship between the family and the business. For example, those who believed that “management successors should be chosen from the family†would also consider “the business (to be) stronger with family members involved.†Moreover, this group would view their parents’ business as a family business and would have joined or intend to join. The reverse would also apply. In other words, those who did not believe that “management successors should be chosen from the family†would nor view their parents’ business as a family business, and would have no intention to join. In the study, two distinct clusters of attitude were identified and were labelled the Family in and Family Out groups. While those in the Family in group were more likely to consider the business to be a family business, the results for the Family Out group were more complicated. The relationship held for those currently working in the business—the halo effect—but not for the rest. In other words, it was quite possible to belong to the Family in group and to see the business as a family business but not to have joined.

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  • Sue Birley, 2002. "Attitudes of Owner-Managers' Children towards Family and Business Issues," Entrepreneurship Theory and Practice, , vol. 26(3), pages 5-19, April.
    • Handle: RePEc:sae:entthe:v:26:y:2002:i:3:p:5-19
    DOI: 10.1177/104225870202600301
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    2. Zellweger, Thomas & Sieger, Philipp & Halter, Frank, 2011. "Should I stay or should I go? Career choice intentions of students with family business background," Journal of Business Venturing, Elsevier, vol. 26(5), pages 521-536, September.
    3. Mark K. Fiegener, 2010. "Locus of Ownership and Family Involvement in Small Private Firms," Journal of Management Studies, Wiley Blackwell, vol. 47(2), pages 296-321, March.
    4. Andrea S. Gubik & Szilveszter Farkas, 2014. "Entrepreneurial Activities of Hungarian Students," Proceedings- 11th International Conference on Mangement, Enterprise and Benchmarking (MEB 2014),, Óbuda University, Keleti Faculty of Business and Management.
    5. Reinhard Prügl & Dinah Isabel Spitzley, 2021. "Responding to Digital Transformation by External Corporate Venturing: An Enterprising Family Identity and Communication Patterns Perspective," Journal of Management Studies, Wiley Blackwell, vol. 58(1), pages 135-164, January.
    6. Soleimanof, Sohrab & Morris, Michael H. & Jang, Yongseok, 2021. "Following the footsteps that inspire: Parental passion, family communication, and children’s entrepreneurial attitudes," Journal of Business Research, Elsevier, vol. 128(C), pages 450-461.
    7. Rajiv Agarwal & Arya Kumar & Keith D'Souza, 2015. "A Study of the Factors Influencing Successors’ Choices in Indian Family-Managed Businesses," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 4(3), pages 128-136.
    8. Xuequn Wang & Leonard M. Jessup, 2014. "A Review and Synthesis of Entrepreneurship Research: Towards an Integrative Model of Dependent Variables," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 23(2), pages 163-199, September.
    9. Prügl, Reinhard & Albert, Mathias & Kleine, Natalie & Förch, Miriam, 2023. "Deutschlands nächste Unternehmergeneration: 6. Studie zu Einstellungen, Werten und Zukunftsplänen der Next Gens," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 279398, June.
    10. Dan Wang & Lili Wang & Ling Chen, 2018. "Unlocking the influence of family business exposure on entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 951-974, December.
    11. M. Carmen Díaz-Fernández & M. Rosario González-Rodríguez & Marek Pawlak & Biagio Simonetti, 2019. "Family firm’s management composition: the role played by family members’ age in TMT and supervisor levels," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(5), pages 2421-2438, September.
    12. Pearce, Craig L. & Houghton, Jeffrey D. & Manz, Charles C. & Dillon, Pamela J. & Fugate, Mel & Wassenaar, Christina L., 2023. "Time for a group hug? Toward a theory of shared emotional leadership in and of family business," Journal of Family Business Strategy, Elsevier, vol. 14(2).
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