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A Typology of Family Firms: An Investigation of Entrepreneurial Orientation and Performance

Abstract: Drawing on family firm heterogeneity research, we develop a typology of family firms using differences in family influence and firm life cycle. We offer hypotheses regarding the relationships between the different firm types and two important outcomes: Entrepreneurial orientation (EO) and performance. Applying latent profile analysis to a sample of 684 Spanish and Portuguese family firms using variables related to family influence (i.e., ownership, family CEO) and firm life cycle (i.e., generational management, size, and presence of board of directors), we find four family firm types, which differentially affect EO and performance. Implications of our findings for EO, family firm performance, and the development of family firm typologies are discussed.

Otras publicaciones de la misma revista o congreso con autores/as de la Universidad de Cantabria

 Autoría: Stanley L.J., Hernández-Linares R., López-Fernández M.C., Kellermanns F.W.,

 Fuente: Family Business Review 2019, Vol. 32(2) 174-194

Editorial: Sage Publications

 Año de publicación: 2019

Nº de páginas: 21

Tipo de publicación: Artículo de Revista

 DOI: 10.1177/0894486519838120

ISSN: 1741-6248,0894-4865