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Entrepreneurial paths to family firm performance

Author

Listed:
  • Kraus, Sascha
  • Kallmuenzer, Andreas
  • Stieger, Daniel
  • Peters, Mike
  • Calabrò, Andrea

Abstract

This article draws upon a new framework, proposing that family firm financial performance does not depend on single distinctive antecedents, but rather on the combination (configurations) of multiple entrepreneurial, governance- and family-related factors (innovativeness, proactiveness, risk-taking, transfer intentions and family involvement). Drawing on a sample of 149 family firms, this study employs a fuzzy-set qualitative comparative analysis (fsQCA) to investigate these configurations as antecedents of firm performance. Its findings show four common configurations which strongly relate to above-average performance. In seven qualitative follow-up interviews, the study discusses these four configurations and three additional contrarian cases that also lead to positive performance.

Suggested Citation

  • Kraus, Sascha & Kallmuenzer, Andreas & Stieger, Daniel & Peters, Mike & Calabrò, Andrea, 2018. "Entrepreneurial paths to family firm performance," Journal of Business Research, Elsevier, vol. 88(C), pages 382-387.
  • Handle: RePEc:eee:jbrese:v:88:y:2018:i:c:p:382-387
    DOI: 10.1016/j.jbusres.2017.12.046
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    References listed on IDEAS

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