FAMILY BUSINESS ACROSS GENERATION: A CASE STUDY
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Keywords:
family business, family tradition, stability, loyalty, trust, interdependency
Abstract
Abstract – This study aims to understand the family orientation concept for assessing the interaction between individual perceptions of family members and the company. This research discusses individual family members' family orientation in relation to the family business. The findings provide evidence howindividual family members relate to the family business. This incorporates five elements: family tradition, stability, loyalty, trust, and interdependency. This study contributes to extending the concept of family orientation by addressing the question of how individual family members relate to the family business.
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References
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Basco, R. (2015). Family business and regional development-A theoretical model of regional familiness. Journal of Family Business Strategy , 6 (4), 259-271.
Burch, G. F., Batchelor, J. H., Burch, J. J., & Heller, N. A. (2015). Rethinking family business education. Journal of Family Business Management , 5 (2), 277 - 293.
Groothuis, P. A., & Groothuis, J. D. (2007). Nepotism or family tradition? A study of NASCAR drivers. Journal of Sports Economics , 9 (3), 250-265.
Hadjielias, E., & Poutziouris, P. (2015). On the conditions for the cooperative relations between family businesses: the role of trust. International Journal of Entrepreneurial Behavior & Research , 21 (6), 867-897.
Hamilton, E., Cruz, A. D., & Jack, S. (2017). Re-framing the status of narrative in family business research: Towards an understanding of families in business.
Kjellman, A. J. (2014). Family business explained by field theory. Journal of Family Business Management , 4 (2), 194 - 212.
Laforet, S. (2013). Innovation characteristics of young and old family-owned businesses. Journal of Small Business and Enterprise Development , 20 (1), 204 - 224.
Lumpkin, G. T., Martin, W., & Vaughn, M. (2008). Family orientation: Individual-level influences on family firm outcomes. Family Business Review , 21 (2), 127-138.
Neuman, W. L. (2011). Social Research Methods: Qualitative and Quantitative Approaches (7 ed.). Harlow, England: Pearson.
Olson, P. D., Zuiker, V. S., Danes, S. M., Stafford, K., Heck, R. K., & Duncan, K. A. (2003). The impact of the family and the business on family business sustainability. ournal of Business Venturing , 18, 639–666.
Pratono, A. H. (2016). Strategic orientation and information technological turbulence: Contingency perspective in SMEs. Business Process Management , 22 (2), 368-382.
Reid, R., Dunn, B., Cromie, S., & Adams, J. (1999). Family orientation in family firms: a model and some empirical evidence. Journal of Small Business and Enterprise Development , 6 (1), 55-67.
Ryan, J. P., Victor, B. G., Moore, A., Mowbray, O., & Perron, B. E. (2016). Recovery coaches and the stability of reunification for substance abusing families in child welfare. Children and Youth Services Review , 70, 357-363.
Seaman, C. (2015). Creating space for the business family: Networks, social capital & family businesses in rural development. 5 (2), 182-191.
Zachary, R. K. (2011). The importance of the family system in family business. Journal of Family Business Management , 1 (1), 26-36.
Aldrich, H. E., & Cliff, J. E. (2003). The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective. Journal of Business Venturing , 18, 573– 596.
Altinay, L., Madanoglu, M., Daniele, R., & Lashley, C. (2012). The influence of amily tradition and psychological traits on entrepreneurial intention. International Journal of Hospitality Management , 31 (2), 489-499.
Basco, R. (2015). Family business and regional development-A theoretical model of regional familiness. Journal of Family Business Strategy , 6 (4), 259-271.
Burch, G. F., Batchelor, J. H., Burch, J. J., & Heller, N. A. (2015). Rethinking family business education. Journal of Family Business Management , 5 (2), 277 - 293.
Groothuis, P. A., & Groothuis, J. D. (2007). Nepotism or family tradition? A study of NASCAR drivers. Journal of Sports Economics , 9 (3), 250-265.
Hadjielias, E., & Poutziouris, P. (2015). On the conditions for the cooperative relations between family businesses: the role of trust. International Journal of Entrepreneurial Behavior & Research , 21 (6), 867-897.
Hamilton, E., Cruz, A. D., & Jack, S. (2017). Re-framing the status of narrative in family business research: Towards an understanding of families in business.
Kjellman, A. J. (2014). Family business explained by field theory. Journal of Family Business Management , 4 (2), 194 - 212.
Laforet, S. (2013). Innovation characteristics of young and old family-owned businesses. Journal of Small Business and Enterprise Development , 20 (1), 204 - 224.
Lumpkin, G. T., Martin, W., & Vaughn, M. (2008). Family orientation: Individual-level influences on family firm outcomes. Family Business Review , 21 (2), 127-138.
Neuman, W. L. (2011). Social Research Methods: Qualitative and Quantitative Approaches (7 ed.). Harlow, England: Pearson.
Olson, P. D., Zuiker, V. S., Danes, S. M., Stafford, K., Heck, R. K., & Duncan, K. A. (2003). The impact of the family and the business on family business sustainability. ournal of Business Venturing , 18, 639–666.
Pratono, A. H. (2016). Strategic orientation and information technological turbulence: Contingency perspective in SMEs. Business Process Management , 22 (2), 368-382.
Reid, R., Dunn, B., Cromie, S., & Adams, J. (1999). Family orientation in family firms: a model and some empirical evidence. Journal of Small Business and Enterprise Development , 6 (1), 55-67.
Ryan, J. P., Victor, B. G., Moore, A., Mowbray, O., & Perron, B. E. (2016). Recovery coaches and the stability of reunification for substance abusing families in child welfare. Children and Youth Services Review , 70, 357-363.
Seaman, C. (2015). Creating space for the business family: Networks, social capital & family businesses in rural development. 5 (2), 182-191.
Zachary, R. K. (2011). The importance of the family system in family business. Journal of Family Business Management , 1 (1), 26-36.
Published
2018-03-01
Section
Bidang International Business Network (IBN)
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