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Embeddedness Perspectives of Economic Action within Family Firms

Author

Listed:
  • Lloyd P. Steier
  • Jess H. Chua
  • James J. Chrisman

Abstract

Family firms are embedded in social structures that differ substantially from those of nonfamily firms. While these social structures can be sources of strength, they can also lead to dysfunctional consequences. The four papers and three commentaries contained in this special issue on theories of family enterprise deal with the various positive and negative aspects of family involvement in a firm. The purpose of this introduction is to attempt to establish linkages between these papers and to provide further insights on their contributions to knowledge and the directions that future research might take to build upon them.

Suggested Citation

  • Lloyd P. Steier & Jess H. Chua & James J. Chrisman, 2009. "Embeddedness Perspectives of Economic Action within Family Firms," Entrepreneurship Theory and Practice, , vol. 33(6), pages 1157-1167, November.
    • Handle: RePEc:sae:entthe:v:33:y:2009:i:6:p:1157-1167
    DOI: 10.1111/j.1540-6520.2009.00338.x
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    References listed on IDEAS

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    1. Sabine B. Klein, 2008. "Commentary and Extension: Moderating the Outcome of Identity Confirmation in Family Firms," Entrepreneurship Theory and Practice, , vol. 32(6), pages 1083-1088, November.
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    6. J. Robert Mitchell & Timothy A. Hart & Sorin Valcea & David M. Townsend, 2009. "Becoming the Boss: Discretion and Postsuccession Success in Family Firms," Entrepreneurship Theory and Practice, , vol. 33(6), pages 1201-1218, November.
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    12. James J. Chrisman & Jess H. Chua & Pramodita Sharma, 2005. "Trends and Directions in the Development of a Strategic Management Theory of the Family Firm," Entrepreneurship Theory and Practice, , vol. 29(5), pages 555-575, September.
    13. Pramodita Sharma, 2008. "Commentary: Familiness: Capital Stocks and Flows between Family and Business," Entrepreneurship Theory and Practice, , vol. 32(6), pages 971-977, November.
    14. Jaume Villanueva & Harry J. Sapienza, 2009. "Goal Tolerance, outside Investors, and Family Firm Governance," Entrepreneurship Theory and Practice, , vol. 33(6), pages 1193-1199, November.
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    18. Trish Reay, 2009. "Family–Business Meta–Identity, Institutional Pressures, and Ability to Respond to Entrepreneurial Opportunities," Entrepreneurship Theory and Practice, , vol. 33(6), pages 1265-1270, November.
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