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Culture and values in family business—A review and suggestions for future research

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  • Fletcher, Denise
  • Melin, Leif
  • Gimeno, Alberto

Abstract

This article provides a review of key literature in the field of culture, values and family business by addressing three key questions. First, what is culture in a family business context and how can it be defined and conceptualized? Second, what can culture do for the family business? And third, which factors or attributes shape culture in family business? The article presents several suggestions for future research and previews the four articles included in the special issue on culture and values in family businesses.

Suggested Citation

  • Fletcher, Denise & Melin, Leif & Gimeno, Alberto, 2012. "Culture and values in family business—A review and suggestions for future research," Journal of Family Business Strategy, Elsevier, vol. 3(3), pages 127-131.
    • Handle: RePEc:eee:fambus:v:3:y:2012:i:3:p:127-131
    DOI: 10.1016/j.jfbs.2012.06.001
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    References listed on IDEAS

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    1. Pramodita Sharma & S. Manikutty, 2005. "Strategic Divestments in Family Firms: Role of Family Structure and Community Culture," Entrepreneurship Theory and Practice, , vol. 29(3), pages 293-311, May.
    2. Athanassiou, Nicholas & Crittenden, William F. & Kelly, Louise M. & Marquez, Pedro, 2002. "Founder centrality effects on the Mexican family firm's top management group: firm culture, strategic vision and goals, and firm performance," Journal of World Business, Elsevier, vol. 37(2), pages 139-150, July.
    3. Manuel Vallejo, 2008. "Is the Culture of Family Firms Really Different? A Value-based Model for Its Survival through Generations," Journal of Business Ethics, Springer, vol. 81(2), pages 261-279, August.
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    Cited by:

    1. Cherchem, Naïma, 2017. "The relationship between organizational culture and entrepreneurial orientation in family firms: Does generational involvement matter?," Journal of Family Business Strategy, Elsevier, vol. 8(2), pages 87-98.
    2. Pötschke, Ivonne, 2020. "A Felt Truth: Value Congruence in Family Firms," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 31(3), pages 281-308.
    3. Francesco Barbera & Henry X. Shi & Ankit Agarwal & Mark Edwards, 2020. "The Family That Prays Together Stays Together: Toward a Process Model of Religious Value Transmission in Family Firms," Journal of Business Ethics, Springer, vol. 163(4), pages 661-673, May.
    4. Motoc Adrian, 2020. "Romanian family business branding: contextual factors of influence of decisional processes," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 607-616, July.
    5. Giorgia Nigri & Riccardo Di Stefano, 2021. "Family Business in Italy: a Humanistic Transition of Assets and Values from One Generation to the Next," Humanistic Management Journal, Springer, vol. 6(1), pages 57-76, April.
    6. Claudio Camfield & Mário Franco, 2019. "Professionalisation of the Family Firm and Its Relationship with Personal Values," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 28(1), pages 144-188, March.
    7. Randolph, Robert V. & Alexander, Benjamin N. & Debicki, Bart J. & Zajkowski, Robert, 2019. "Untangling non-economic objectives in family & non-family SMEs: A goal systems approach," Journal of Business Research, Elsevier, vol. 98(C), pages 317-327.
    8. Csillag Sára & Csizmadia Péter & Hidegh Anna Laura & Szászvári Karina Ágnes, 2019. "Typical features of family-owned SME’s HR practices," Prosperitas, Budapest Business School, vol. 2019(1), pages 55-75.
    9. Csillag Sára & Csizmadia Péter & Hidegh Anna Laura & Szászvári Karina Ágnes, 2019. "Typical features of family-owned SME’s HR practices," Prosperitas, Budapest Business University, vol. 6(1), pages 55-75.
    10. Francesca Ricciardi & Elisa Giacosa & Francesca Culasso, 2021. "Stepchildren or prodigal employees? Motives and consequences of employee entrepreneurship in family business," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 229-247, March.
    11. Hossein Samei & Alireza Feyzbakhsh, 2015. "A Framework of Successor Competencies to Promote Corporate Entrepreneurship in Family Firms," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 23(03), pages 321-355, September.
    12. Mohnen, Alwine & Mückenhausen, Verena & Toporova, Nevena & Kern, Maximilian, 2021. "Personalmanagement in Familienunternehmen: Recruiting, Arbeitsbedingungen, Weiterbildung," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250040, June.
    13. Craig, Justin B. & Dibrell, Clay & Garrett, Robert, 2014. "Examining relationships among family influence, family culture, flexible planning systems, innovativeness and firm performance," Journal of Family Business Strategy, Elsevier, vol. 5(3), pages 229-238.
    14. Arz, Christopher, 2019. "Bridging the micro-macro gap: A multi-layer culture framework for understanding entrepreneurial orientation in family firms," Journal of Family Business Strategy, Elsevier, vol. 10(3), pages 1-1.
    15. Pötschke, Ivonne, 2019. "The Ties That Bind: Exploring relationship-oriented values in family firms from employees' perspective," Working Papers 3, Helmut Schmidt University, Research Cluster OPAL.

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    Keywords

    Culture; Values; Family business;
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