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Determinants of rural and urban family firm resilience

Author

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  • Brewton, Katherine E.
  • Danes, Sharon M.
  • Stafford, Kathryn
  • Haynes, George W.

Abstract

Data from 311 rural and urban family firms from the National Family Business Panel (NFBP) were used to investigate the relative contributions of human, social, and financial capital resources, normative and non-normative disruptions, and federal disaster assistance on family firm resilience. Results indicate that the sets of social capital and disruption variables were significantly and negatively related to firm resilience for rural firms, while perceiving the business as a way of life was significantly and positively related to firm resilience for urban firms. Federal disaster assistance was negatively related to firm resilience for both rural and urban firms. Additional findings, conclusions, and implications of findings are discussed.

Suggested Citation

  • Brewton, Katherine E. & Danes, Sharon M. & Stafford, Kathryn & Haynes, George W., 2010. "Determinants of rural and urban family firm resilience," Journal of Family Business Strategy, Elsevier, vol. 1(3), pages 155-166, September.
  • Handle: RePEc:eee:fambus:v:1:y:2010:i:3:p:155-166
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    References listed on IDEAS

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    1. Winter, Mary & Danes, Sharon M. & Koh, Sun-Kang & Fredericks, Kelly & Paul, Jennifer J., 2004. "Tracking family businesses and their owners over time: panel attrition, manager departure and business demise," Journal of Business Venturing, Elsevier, vol. 19(4), pages 535-559, July.
    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.
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    Cited by:

    1. Maria Marshall & Linda Niehm & Sandra Sydnor & Holly Schrank, 2015. "Predicting small business demise after a natural disaster: an analysis of pre-existing conditions," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(1), pages 331-354, October.
    2. Backman, Mikaela & Palmberg, Johanna, 2015. "Contextualizing small family firms: How does the urban–rural context affect firm employment growth?," Journal of Family Business Strategy, Elsevier, vol. 6(4), pages 247-258.
    3. Stafford, Kathryn & Danes, Sharon M. & Haynes, George W., 2013. "Long-term family firm survival and growth considering owning family adaptive capacity and federal disaster assistance receipt," Journal of Family Business Strategy, Elsevier, vol. 4(3), pages 188-200.
    4. Anita A. Pena & Sammy Zahran & Anthony Underwood & Stephan Weiler, 2014. "Effect of Natural Disasters on Local Nonprofit Activity," Growth and Change, Wiley Blackwell, vol. 45(4), pages 590-610, December.
    5. Z. Whitman & T. Wilson & E. Seville & J. Vargo & J. Stevenson & H. Kachali & J. Cole, 2013. "Rural organizational impacts, mitigation strategies, and resilience to the 2010 Darfield earthquake, New Zealand," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 69(3), pages 1849-1875, December.
    6. Goel, Sanjay & Mazzola, Pietro & Phan, Phillip H. & Pieper, Torsten M. & Zachary, Ramona K., 2012. "Strategy, ownership, governance, and socio-psychological perspectives on family businesses from around the world," Journal of Family Business Strategy, Elsevier, vol. 3(2), pages 54-65.
    7. Bjuggren, Per-Olof & Elmoznino Laufer, Michel, 2015. "Startups, Financing and Geography– Findings from a survey," Ratio Working Papers 255, The Ratio Institute.
    8. McDonald, Tia Michelle & Florax, Raymond & Marshal, Maria I., 2014. "Informal and Formal Financial Resources and Small Business Resilience to Disasters," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170332, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    Rural Urban Resilience Family firms;

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