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Preserving the longevity of long-lasting family businesses: a multilevel model

Author

Listed:
  • Elisa Conz

    (University of Pavia)

  • Stefano Denicolai

    (University of Pavia)

  • Alfredo Massis

    (Free University of Bozen-Bolzano
    IMD Business School
    Lancaster University
    Zhejiang University)

Abstract

Prior research lacks an understanding of how decision makers preserve longevity within family businesses. This study examines longevity under a microfoundational lens, through an interpretive qualitative research design. The selected cases are nine long-established Australian family wineries. The outcome is a multilevel grounded model of the preservation of family firm longevity that integrates the dual firm-family relationship with the individual level of decision makers. The model shows the role played by interactions among multiple levels of analysis — namely, the individual, the family and the firm — in preserving the longevity of the family business.

Suggested Citation

  • Elisa Conz & Stefano Denicolai & Alfredo Massis, 2024. "Preserving the longevity of long-lasting family businesses: a multilevel model," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(3), pages 707-744, September.
    • Handle: RePEc:kap:jmgtgv:v:28:y:2024:i:3:d:10.1007_s10997-023-09670-z
    DOI: 10.1007/s10997-023-09670-z
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