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| Tekijä: | Miller, D. Breton-Miller, I. le Lester, R.H. |
| Otsikko: | Family and lone founder ownership and strategic behaviour: social context, identity, and institutional logics |
| Lehti: | Journal of Management Studies
2011 : JAN, VOL 48:1 p. 1-25 |
| Asiasana: | family firms strategy performance measurement executives roles stakeholders entrepreneurship |
| Kieli: | eng |
| Tiivistelmä: | Empirical studies show conflicting findings for companies with concentrated ownership: lone founder firms outperform, family firms do not. In this paper it is argued that explanations of performance must take into account not simply ownership, but who are the owners or executives and how their social contexts may influence their strategic priorities. Family owners and CEOs are argued to assume the role identities and logics of family nurturers and thus strategies of conservations. Lone founders instead are argued to embrace the identities and logics of entrepreneurs and strategies of growth. These notions are supported in a study of Fortune 1000 companies. |
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