基本説明
Based on a sample of German family firms, the author indicates that, against expectations, family firms' performance is not driven by strategic fit but through the effective use of family-specific factors such as family business governance and family culture.
Full Description
Corinna M. Lindow substantiates, develops, and tests a strategic fit perspective on family firm performance in order to contribute to explaining previous inconclusive findings. In particular, she aims at investigating whether strategic fit determines family firm performance and what role family influence plays. Based on a sample of German family firms, the author indicates that, against expectations, family firms' performance is not driven by strategic fit but through the effective use of family-specific factors such as family business governance and family culture. Further, the results suggest that family influence has important implications for strategy, organizational structure, and the achievement of strategic fit.
Contents
Family firms as research objects.- Literature review on family firm performance research.- A strategic fit perspective on family firm performance.- Empirical analyses regarding the association between family influence, strategic fit, and firm performance
