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Family vision and cognition : An illustration through forest owners' harvesting decisions

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  • Lionel Camblanne

    (EM - EMLyon Business School)

Abstract

Based on cognition as a key determinant in strategic decisions, this study employs a case study approach to explore how family vision – one of the main characteristics of family firms – affects the cognitive frames of reference of family decision-makers, especially business owners. This research suggests that family business owners pursue different family visions, which leads to different interpretations of environmental information during strategic decision-making by highlighting certain elements. I infer several propositions outlining that the degree of a family vision's emphasis on non-economic goals may modify the framing of decisions and endanger long-term orientation, therefore affecting strategic outcomes.

Suggested Citation

  • Lionel Camblanne, 2013. "Family vision and cognition : An illustration through forest owners' harvesting decisions," Post-Print hal-02313152, HAL.
    • Handle: RePEc:hal:journl:hal-02313152
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    Cited by:

    1. Meier, Olivier & Schier, Guillaume, 2014. "Family firm succession: Lessons from failures in external party takeovers," Journal of Family Business Strategy, Elsevier, vol. 5(4), pages 372-383.
    2. Fletcher, Denise & Massis, Alfredo De & Nordqvist, Mattias, 2016. "Qualitative research practices and family business scholarship: A review and future research agenda," Journal of Family Business Strategy, Elsevier, vol. 7(1), pages 8-25.

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