Family Firm Culture and Performance: Specific Empirical Evidence
The purpose of this study is to connect culture and performance in family firms. Survey data measuring cultural attributes and performance were collected from 149 family-firm members in Ukraine and the U.S. Two countries of very different culture and stage of national development are included to insure the cross-cultural validity of findings. Correlation results showed significant support for the proposition that specific cultural attributes positively affect firm performance. Six out of seven cultural attributes can be shown to correlate with one or more performance measures. This research is original in finding an empirical relationship between specific cultural attributes and firm performance.
Volume (Year): 3 (2013)
Issue (Month): 1 (January)
|Contact details of provider:|| Web page: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kimberly A. Eddleston & Franz Willi Kellermanns & Ravi Sarathy, 2008. "Resource Configuration in Family Firms: Linking Resources, Strategic Planning and Technological Opportunities to Performance," Journal of Management Studies, Wiley Blackwell, vol. 45(1), pages 26-50, January.
- Eddleston, Kimberly A. & Kellermanns, Franz W., 2007. "Destructive and productive family relationships: A stewardship theory perspective," Journal of Business Venturing, Elsevier, vol. 22(4), pages 545-565, July.
- George Halkos & Nickolaos Tzeremes, 2008. "Does the Home Country's National Culture Affect MNCs' Performance? Empirical Evidence of the World's Top 100 East-West Non-financial MNCs," Global Economic Review, Taylor & Francis Journals, vol. 37(4), pages 405-427.
- Whyte, Martin King, 1996. "The Chinese Family and Economic Development: Obstacle or Engine?," Economic Development and Cultural Change, University of Chicago Press, vol. 45(1), pages 1-30, October.
When requesting a correction, please mention this item's handle: RePEc:hur:ijaraf:v:3:y:2013:i:1:p:5-17. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hassan Danial Aslam)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.