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Participation in business associations and performance among family firms

Author

Listed:
  • John T. Perry
  • Timothy L. Pett
  • Amy Buhrman

Abstract

We compare participation in business associations among family firms based on a firm's level of owning family influence. We find that among family firms, owning family influence is negatively related to business association participation. That is, we find that family firms that are highly influenced by their owning families are less likely to participate in business associations than firms that are influenced less by their owning families. This finding is potentially troubling for highly family influenced firms because we also find that business association participation is positively related to firm performance. Implications of these findings are also presented.

Suggested Citation

  • John T. Perry & Timothy L. Pett & Amy Buhrman, 2010. "Participation in business associations and performance among family firms," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 11(3), pages 367-378.
    • Handle: RePEc:ids:ijesbu:v:11:y:2010:i:3:p:367-378
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