Entrepreneurship

Entrepreneurship Full Paper Session

Ability and willingness as jointly sufficient conditions for the family effect on family firm performance. A test through a configurational approach

JD

Juan Bautista Delgado García Universidad de Burgos

VB

Virginia Blanco Mazagatos Universidad de Burgos. Departamento de Economía y Administración de Empresas

VT

Víctor Temprano-García Universidad de Valladolid. Departamento de Organización de Empresas y Comercialización e Investigación de Mercados

HP

Héctor Pérez-Fernández Universidad de Valladolid. Departamento de Organización de Empresas y Comercialización e Investigación de Mercados

Abstract

Research is not conclusive on the effects of family influence on firm performance. Numerous studies analyze family involvement in ownership and management, which mainly refer to the family ability to make decisions. Others focus on family willingness to follow particular objectives, mainly SEW. However, particularistic family firm behavior is not only ascribable to the family’s ability, nor to its willingness to pursue different family goals. We use a configurational approach to test whether family ability and family willingness independently are necessary but not sufficient conditions for the family to have an effect on family firm performance. We also test whether the joint presence of ability and willingness is sufficient for the family to have an effect on family firm performance. Results for a sample of 141 family firms, show seven configurations combining measures of ability and willingness that lead to high performance in family firms which support our propositions.

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Full Paper

Primary Track

Entrepreneurship

Keywords

Entrepreneurship Theories

Published in BAM2024 Conference

Publisher X-CD Journal

Date of Conference September 2–6, 2024

Family firm conflict resolution for internationalisation: the role of returnee entrepreneurs J. Lyu · E. Kromidha · P. Robson

Succession Patterns and Issues in Family Firms, Evidence from China A. Yang · V. Sukumara-Panicker · E. Georgiadou

Ability and willingness as jointly sufficient conditions for the family effect on family firm performance. A test through a configurational approach J. Delgado García · V. Blanco Mazagatos · V. Temprano-García · H. Pérez-Fernández