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Family Conflict and Farm Profitability: Not Always a Negative Relationship

Author

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  • McDonald, Tia Michelle
  • Marshall, Maria I.

Abstract

This article analyzes the effects of conflict using a non-linear model and relies heavily on economic theory to define the relationship between conflict and profitability. This research builds on the model of Kretchmer and Puranam (2008), an effort-based model that captures the effects of employee collaboration. We expand upon this model and derive and test two main hypotheses. The first deals with the convexity of the relationship between conflict and profitability. The second analyzes the effect family business structure has on conflict and profitability.

Suggested Citation

  • McDonald, Tia Michelle & Marshall, Maria I., 2013. "Family Conflict and Farm Profitability: Not Always a Negative Relationship," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150630, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea13:150630
    DOI: 10.22004/ag.econ.150630
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    References listed on IDEAS

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    1. Pushkarskaya, Helen & Marshall, Maria I., 2009. "Lump Sum versus Annuity: Choices of Kentucky Farmers during the Tobacco Buyout Program," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 41(3), pages 613-624, December.
    2. Lois M. Shelton & Sharon M. Danes & Micki Eisenman, 2008. "Role Demands, Difficulty In Managing Work-Family Conflict, And Minority Entrepreneurs," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 13(03), pages 315-342.
    3. Tobias Kretschmer & Phanish Puranam, 2008. "Integration Through Incentives Within Differentiated Organizations," Organization Science, INFORMS, vol. 19(6), pages 860-875, December.
    4. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4, National Bureau of Economic Research, Inc.
    5. Paul A. Samuelson, 1956. "Social Indifference Curves," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 1-22.
    6. Jones, Nicole E. & Marshall, Maria I., 2012. "Family business policy and conflict: Exploratory study of intergenerational businesses," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124697, Agricultural and Applied Economics Association.
    7. Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
    8. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, February.
    9. Sah, Raaj Kumar & Stiglitz, Joseph E, 1988. "Committees, Hierarchies and Polyarchies," Economic Journal, Royal Economic Society, vol. 98(391), pages 451-470, June.
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    Cited by:

    1. Emily A. Paskewitz, 2021. "Exploring the Impact of Emotional Intelligence on Family Farm Member Conflict Experiences," Sustainability, MDPI, vol. 13(15), pages 1-18, July.

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