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Vision and Exchange in Intra–Family Succession: Effects on Procedural Justice Climate among Nonfamily Managers

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  • Tim Barnett
  • Rebecca G. Long
  • Laura E. Marler

Abstract

We develop and extend fledgling literature on procedural justice climate and succession processes in family firms by focusing on the impact of family vision and exchange systems on procedural justice climate among nonfamily managers. Drawing upon social exchange theory, we argue that family involvement accompanied by a weak family vision will be associated with restricted exchanges in dominant coalitions, which will have a negative impact on procedural justice climate among nonfamily managers. Conversely, we suggest that family involvement with a strong family vision will be accompanied by generalized exchange, which should positively impact the procedural justice climate among nonfamily managers. We expect that the extent to which nonfamily managers work to support or hinder intra–family succession will be influenced by their collective perception of a positive or negative procedural justice climate.

Suggested Citation

  • Tim Barnett & Rebecca G. Long & Laura E. Marler, 2012. "Vision and Exchange in Intra–Family Succession: Effects on Procedural Justice Climate among Nonfamily Managers," Entrepreneurship Theory and Practice, , vol. 36(6), pages 1207-1225, November.
    • Handle: RePEc:sae:entthe:v:36:y:2012:i:6:p:1207-1225
    DOI: 10.1111/j.1540-6520.2012.00546.x
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    References listed on IDEAS

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    Cited by:

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    2. Umans, Ine & Lybaert, Nadine & Steijvers, Tensie & Voordeckers, Wim, 2021. "The influence of transgenerational succession intentions on the succession planning process: The moderating role of high-quality relationships," Journal of Family Business Strategy, Elsevier, vol. 12(2).
    3. Jess H. Chua & James J. Chrisman & Lloyd P. Steier & Sabine B. Rau, 2012. "Sources of Heterogeneity in Family Firms: An Introduction," Entrepreneurship Theory and Practice, , vol. 36(6), pages 1103-1113, November.
    4. Daniela Gimenez-Jimenez & Linda F. Edelman & Tommaso Minola & Andrea Calabrò & Lucio Cassia, 2021. "An Intergeneration Solidarity Perspective on Succession Intentions in Family Firms," Entrepreneurship Theory and Practice, , vol. 45(4), pages 740-766, July.
    5. Wang, Zhonghui “Hugo” & Randolph, Robert & Su, Emma & Memili, Esra, 2023. "How does the founding family matter in corporate governance? A study of the entrenchment heterogeneity among S&P 1,500 firms," Journal of Business Research, Elsevier, vol. 154(C).
    6. Pramodita Sharma & James J. Chrisman & Jess H. Chua & Lloyd P. Steier, 2020. "Family Firm Behavior From a Psychological Perspective," Entrepreneurship Theory and Practice, , vol. 44(1), pages 3-19, January.
    7. Cristina Bettinelli & Marco Mismetti & Alfredo De Massis & Barbara Del Bosco, 2022. "A Review of Conflict and Cohesion in Social Relationships in Family Firms," Entrepreneurship Theory and Practice, , vol. 46(3), pages 539-577, May.
    8. Ferrari, Filippo, 2013. "'The employees are all equal... but some are more equals than others'. Altruism, opportunism and discrimination in family SMEs," MPRA Paper 52391, University Library of Munich, Germany.
    9. Azouz, Ali & Antheaume, Nicolas & Charles-Pauvers, Brigitte, 2021. "An Ethnography of Fairness Perceptions among Non-Family Employees: Does Religion Matter?," Journal of Family Business Strategy, Elsevier, vol. 12(3).
    10. Lozano-Reina, Gabriel & Sánchez-Marín, Gregorio & Baixauli-Soler, J. Samuel, 2022. "Say-on-Pay voting dispersion in listed family and non-family firms: A panel data analysis," Journal of Family Business Strategy, Elsevier, vol. 13(1).
    11. Waldkirch, Matthias, 2020. "Non-family CEOs in family firms: Spotting gaps and challenging assumptions for a future research agenda," Journal of Family Business Strategy, Elsevier, vol. 11(1).
    12. Ya-Fang Wang & Yen-Fang Kuo, 2020. "Exploring the Family Effect on Innovative Capacity and Earnings Management," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 13(2), pages 39-61, September.
    13. Stutz, Adrian & Schell, Sabrina & Hack, Andreas, 2022. "In family firms we trust – Experimental evidence on the credibility of sustainability reporting: A replication study with extension," Journal of Family Business Strategy, Elsevier, vol. 13(4).
    14. Timothy Mathews & Tim Blumentritt, 2015. "A sequential choice model of family business succession," Small Business Economics, Springer, vol. 45(1), pages 15-37, June.
    15. Shockley, Jeff & Turner, Tobin, 2016. "A relational performance model for developing innovation and long-term orientation in retail franchise organizations," Journal of Retailing and Consumer Services, Elsevier, vol. 32(C), pages 175-188.
    16. Guillaume Soenen & Constanze Eib & Olivier Torrès, 2019. "The cost of injustice: overall justice, emotional exhaustion, and performance among entrepreneurs: do founders fare better?," Small Business Economics, Springer, vol. 53(2), pages 355-368, August.
    17. Martin R.W. Hiebl & Zhen Li, 2020. "Non-family managers in family firms: review, integrative framework and future research agenda," Review of Managerial Science, Springer, vol. 14(4), pages 763-807, August.

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