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Trust in family businesses: A more comprehensive empirical review

Author

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  • Mohammad Azizi
  • Masood Salmani Bidgoli
  • Ameneh Seddighian Bidgoli

Abstract

Trust has been used in family business research mostly to explain firm performance or as a characteristic of family businesses. Despite this interest to trust, theories and evidence accumulating on trust in family business is not well integrated and that the literature as a whole lacks coherence. The study, focuses on conceptualizations and operationalization of trust, addresses some issues relating to trust and represents an empirical research to investigate parts and contents of trust within family businesses. Our findings support our belief, decision and action models. The results suggest that contents of trust determine the trustor’s perception of other party’s trustworthiness in family businesses. There is a necessity to follow integrated model of trust in future family business researches, since trust is an important factor in this field and need to be investigated more coherently.

Suggested Citation

  • Mohammad Azizi & Masood Salmani Bidgoli & Ameneh Seddighian Bidgoli, 2017. "Trust in family businesses: A more comprehensive empirical review," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1359445-135, January.
    • Handle: RePEc:taf:oabmxx:v:4:y:2017:i:1:p:1359445
    DOI: 10.1080/23311975.2017.1359445
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    References listed on IDEAS

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    Cited by:

    1. Chaudhary, Sanjay & Dhir, Amandeep & Ferraris, Alberto & Bertoldi, Bernando, 2021. "Trust and reputation in family businesses: A systematic literature review of past achievements and future promises," Journal of Business Research, Elsevier, vol. 137(C), pages 143-161.
    2. Bell, Catherine, 2019. "People of Future Agriculture; Trust and Succession in Family Businesses," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 8(3), August.
    3. Siniša Arsić & Koviljka Banjević & Aleksandra Nastasić & Dragana Rošulj & Miloš Arsić, 2018. "Family Business Owner as a Central Figure in Customer Relationship Management," Sustainability, MDPI, vol. 11(1), pages 1-19, December.
    4. Azizi, Mohammad & Salmani Bidgoli, Masoud & Maley, Jane F. & Dabić, Marina, 2022. "A stewardship perspective in family firms: A new perspective for altruism and social capital," Journal of Business Research, Elsevier, vol. 144(C), pages 764-775.

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