一致性
社会情感选择理论
公司治理
微观基础
情境伦理学
业务
制度理论
产业组织
经济
微观经济学
心理学
社会心理学
管理
财务
发展心理学
宏观经济学
作者
Danny Miller,Isabelle Le Breton-Miller,Richard T. Lester
出处
期刊:Organization Science
[Institute for Operations Research and the Management Sciences]
日期:2013-01-01
卷期号:24 (1): 189-209
被引量:244
标识
DOI:10.1287/orsc.1110.0728
摘要
A fundamental schism divides the family firm and strategy literatures, on the one hand, and the institutional literature, on the other, regarding both the situational prevalence and the utility of conforming behavior. The first two schools, respectively, view strategic differentiation as especially common among family firms and an important source of competitive advantage. By contrast, the reasoning of institutionalists would suggest that family firms will be subject to unusually powerful motivations to conform, in part because of their pursuit of socioemotional wealth objectives. Unfortunately, the relationships between conformity and family firm governance—and, in fact, governance in general—have not been amply studied. This analysis of Fortune 1000 firms finds considerable support for the institutional perspective: family involvement is related to greater, not lesser, conformity in many aspects of strategy. Although strategic conformity related to superior returns on assets, it did not enhance firm market valuations.
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