IDEAS home Printed from https://ideas.repec.org/a/eee/worbus/v37y2002i2p139-150.html
   My bibliography  Save this article

Founder centrality effects on the Mexican family firm's top management group: firm culture, strategic vision and goals, and firm performance

Author

Listed:
  • Athanassiou, Nicholas
  • Crittenden, William F.
  • Kelly, Louise M.
  • Marquez, Pedro

Abstract

Using social networks, we examined the founder's influence on key strategic behaviors in Mexican family business. First, we drew on a sample of 42 Mexican family businesses and 201 managers to show how founder centrality affects the top management group (TMG) members' cohesiveness. TMG members' cohesiveness was examined in terms of the firm's culture, its strategic vision, and strategic goals. Second, we examined how founder centrality and top management member group cohesiveness are related to performance in terms of financial, social and family-oriented objectives. Significant relationships were found between a founder's centrality and the TMGs strategic behavior. Further, significant results connect different aspects of the founder's centrality and the TMGs strategic behavior to financial, social and family-oriented objectives.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:worbus:v:37:y:2002:i:2:p:139-150
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1090951602000731
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Narayanan Jayaraman & Ajay Khorana & Edward Nelling & Jeffrey Covin, 2000. "CEO founder status and firm financial performance," Strategic Management Journal, Wiley Blackwell, vol. 21(12), pages 1215-1224, December.
    2. C. Carl Pegels & Yong I. Song & Baik Yang, 2000. "Management heterogeneity, competitive interaction groups, and firm performance," Strategic Management Journal, Wiley Blackwell, vol. 21(9), pages 911-923, September.
    3. Trevino, Len J., 1998. "Strategic responses of Mexican managers to economic reform," Business Horizons, Elsevier, vol. 41(3), pages 73-80.
    4. Prithviraj Chattopadhyay & William H. Glick & C. Chet Miller & George P. Huber, 1999. "Determinants of executive beliefs: comparing functional conditioning and social influence," Strategic Management Journal, Wiley Blackwell, vol. 20(8), pages 763-790, August.
    5. Neil C. Churchill & Kenneth J. Hatten, 1987. "Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Businesses," Entrepreneurship Theory and Practice, , vol. 12(2), pages 53-66, October.
    6. W. Gibb Dyer Jr. & Wendy Handler, 1994. "Entrepreneurship and Family Business: Exploring the Connections," Entrepreneurship Theory and Practice, , vol. 19(1), pages 71-83, October.
    7. Kotabe, Masaaki & Teegen, Hildy & Aulakh, Preet S. & Coutinho de Arruda, Maria Cecilia & Santillán-Salgado, Roberto J. & Greene, Walter, 2000. "Strategic alliances in emerging Latin America: a view from Brazilian, Chilean, and Mexican companies," Journal of World Business, Elsevier, vol. 35(2), pages 114-132, July.
    8. Lee, Sang M. & Peterson, Suzanne J., 2000. "Culture, entrepreneurial orientation, and global competitiveness," Journal of World Business, Elsevier, vol. 35(4), pages 401-416, January.
    9. Christian Homburg & Harley Krohmer & John P. Workman. Jr, 1999. "Strategic consensus and performance: the role of strategy type and market‐related dynamism," Strategic Management Journal, Wiley Blackwell, vol. 20(4), pages 339-357, April.
    10. Louise M. Kelly & Nicholas Athanassiou & William F. Crittenden, 2000. "Founder Centrality and Strategic Behavior in the Family-Owned Firm," Entrepreneurship Theory and Practice, , vol. 25(2), pages 27-42, December.
    11. Begley, Thomas M., 1995. "Using founder status, age of firm, and company growth rate as the basis for distinguishing entrepreneurs from managers of smaller businesses," Journal of Business Venturing, Elsevier, vol. 10(3), pages 249-263, May.
    12. Nicholas Athanassiou & Douglas Nigh, 1999. "The impact of U.S. company internationalization on top management team advice networks: a tacit knowledge perspective," Strategic Management Journal, Wiley Blackwell, vol. 20(1), pages 83-92, January.
    13. Willard, Gary E. & Krueger, David A. & Feeser, Henry R., 1992. "In order to grow, must the founder go: A comparison of performance between founder and non-founder managed high-growth manufacturing firms," Journal of Business Venturing, Elsevier, vol. 7(3), pages 181-194, May.
    14. Sandra M. Martínez & Peter W. Dorfman, 1998. "The Mexican Entrepreneur," International Studies of Management & Organization, Taylor & Francis Journals, vol. 28(2), pages 97-124, June.
    15. Nicholas Athanassiou & Douglas Nigh, 2000. "Internationalization, Tacit Knowledge and the Top Management Teams of MNCs," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 31(3), pages 471-487, September.
    16. Don Knight & Craig L. Pearce & Ken G. Smith & Judy D. Olian & Henry P. Sims & Ken A. Smith & Patrick Flood, 1999. "Top management team diversity, group process, and strategic consensus," Strategic Management Journal, Wiley Blackwell, vol. 20(5), pages 445-465, May.
    17. Reginald A. Litz, 1997. "The Family Firm's Exclusion from Business School Research: Explaining the Void; Addressing the Opportunity," Entrepreneurship Theory and Practice, , vol. 21(3), pages 55-71, April.
    18. Neil C. Churchill & Kenneth J. Hatten, 1987. "Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Businesses," Entrepreneurship Theory and Practice, , vol. 11(3), pages 51-64, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sue Birley, 2002. "Attitudes of Owner-Managers' Children towards Family and Business Issues," Entrepreneurship Theory and Practice, , vol. 26(3), pages 5-19, April.
    2. Louise M. Kelly & Nicholas Athanassiou & William F. Crittenden, 2000. "Founder Centrality and Strategic Behavior in the Family-Owned Firm," Entrepreneurship Theory and Practice, , vol. 25(2), pages 27-42, December.
    3. Nurten Dede & Evren Ayranci, 2014. "Exploring the connections among spiritual leadership, altruism, and trust in family businesses," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(6), pages 3373-3400, November.
    4. Daily, Catherine M. & Dalton, Dan R., 2000. "Executive briefing/Corporate governance digest," Business Horizons, Elsevier, vol. 43(2), pages 4-6.
    5. Pittino, Daniel & Visintin, Francesca & Lauto, Giancarlo, 2017. "A configurational analysis of the antecedents of entrepreneurial orientation," European Management Journal, Elsevier, vol. 35(2), pages 224-237.
    6. Patricia Pitcher & Anne D. Smith, 2001. "Top Management Team Heterogeneity: Personality, Power, and Proxies," Organization Science, INFORMS, vol. 12(1), pages 1-18, February.
    7. Rapert, Molly Inhofe & Velliquette, Anne & Garretson, Judith A., 2002. "The strategic implementation process: evoking strategic consensus through communication," Journal of Business Research, Elsevier, vol. 55(4), pages 301-310, April.
    8. Carr, Jon C. & Sequeira, Jennifer M., 2007. "Prior family business exposure as intergenerational influence and entrepreneurial intent: A Theory of Planned Behavior approach," Journal of Business Research, Elsevier, vol. 60(10), pages 1090-1098, October.
    9. Nicholas A. Athanassiou & Kendall Roth, 2006. "International experience heterogeneity effects on top management team advice networks: A hierarchical analysis," Management International Review, Springer, vol. 46(6), pages 749-770, December.
    10. Wright, Mike & Kellermanns, Franz W., 2011. "Family firms: A research agenda and publication guide," Journal of Family Business Strategy, Elsevier, vol. 2(4), pages 187-198.
    11. Jau Yang Liu, 2018. "An Integrative Conceptual Framework for Sustainable Successions in Family Businesses: The Case of Taiwan," Sustainability, MDPI, vol. 10(10), pages 1-21, October.
    12. Michael A. Abebe & Pingshu Li & Keshab Acharya & Joshua J. Daspit, 2020. "The founder chief executive officer: A review of current insights and directions for future research," Corporate Governance: An International Review, Wiley Blackwell, vol. 28(6), pages 406-436, November.
    13. A. Rebecca Reuber & Eileen Fischer, 2002. "Foreign Sales and Small Firm Growth: The Moderating Role of the Management Team," Entrepreneurship Theory and Practice, , vol. 27(1), pages 29-45, January.
    14. Charlotte L. Schuster & Alexander T. Nicolai & Jeffrey G. Covin, 2020. "Are Founder-Led Firms Less Susceptible to Managerial Myopia?," Entrepreneurship Theory and Practice, , vol. 44(3), pages 391-421, May.
    15. Ayranci, Evren, 2010. "Family involvement in and institutionalization of family businesses: A research," Business and Economic Horizons (BEH), Prague Development Center (PRADEC), vol. 3(3), pages 1-22, October.
    16. Warren Boeker & Robert Wiltbank, 2005. "New Venture Evolution and Managerial Capabilities," Organization Science, INFORMS, vol. 16(2), pages 123-133, April.
    17. Rodrigo Basco & Andrea Calabrò, 2017. "“Whom do I want to be the next CEO?” Desirable successor attributes in family firms," Journal of Business Economics, Springer, vol. 87(4), pages 487-509, May.
    18. Melanie Richards, 2023. "When do Non-financial Goals Benefit Stakeholders? Theorizing on Care and Power in Family Firms," Journal of Business Ethics, Springer, vol. 184(2), pages 333-351, May.
    19. Andrea GANZAROLI & Gianluca FISCATO & Luciano PILOTTI, 2006. "Does business succession enhance firms’ innovation capacity? Results from an exploratory analysis in Italian SMEs," Departmental Working Papers 2006-29, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    20. El Fasiki, Hamza, 2013. "The Family Business in Collectivist Societies: Traits and Implications," MPRA Paper 48857, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:worbus:v:37:y:2002:i:2:p:139-150. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.