Kammerlander, Nadine; Sieger, Philipp; Voordeckers, Wim; Zellweger, Thomas (2015). Value Creation in Family Firms: A Model of Fit. Journal of family business strategy, 6(2), pp. 63-72. Elsevier 10.1016/j.jfbs.2015.04.001
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We propose a framework describing how family ownership can create or destroy value depending on the goals, resources, and governance of the family firm, which are each influenced by the family owners. Taking a contingency perspective, we suggest that a fit is required for all three elements – family-
influenced goals, resources, and governance – for the family firm to flourish over generations. We conclude with a suggested research agenda indicating research opportunities at the nexus of these identified elements. Further we provide some guiding questions for practitioners that might stimulate fruitful discussions among family firm owners and managers about how to realize ‘‘fit.’’
Item Type: |
Journal Article (Original Article) |
|---|---|
Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Innovation Management > Management |
UniBE Contributor: |
Sieger, Philipp |
Subjects: |
300 Social sciences, sociology & anthropology > 330 Economics 600 Technology > 650 Management & public relations |
ISSN: |
1877-8585 |
Publisher: |
Elsevier |
Language: |
English |
Submitter: |
Philipp Sieger |
Date Deposited: |
19 Jul 2016 10:19 |
Last Modified: |
05 Dec 2022 14:57 |
Publisher DOI: |
10.1016/j.jfbs.2015.04.001 |
Uncontrolled Keywords: |
Family firm, Value creation, Governance, Contingency view, Goals Resources |
BORIS DOI: |
10.7892/boris.84182 |
URI: |
https://boris.unibe.ch/id/eprint/84182 |
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