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Family Involvement in the Firm, Family‐to‐Business Support, and Entrepreneurial Outcomes: An Exploration

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  • Gary N. Powell
  • Kimberly A. Eddleston

Abstract

Results of a survey of 211 founders of small and medium‐sized enterprises (SMEs) indicated that family involvement in the firm was indirectly related to four entrepreneurial outcomes (business performance, strategic planning, satisfaction with business success, and commitment to remain self‐employed) through family‐to‐business support, suggesting a particular benefit of the intertwining of family and business in family firms. SME founders who owned family firms experienced higher levels of family‐to‐business support than those who owned nonfamily firms. These results support our proposed alignment of the social support perspective of well‐being and resiliency with the family embeddedness perspective of the family‐business relationship.

Suggested Citation

  • Gary N. Powell & Kimberly A. Eddleston, 2017. "Family Involvement in the Firm, Family‐to‐Business Support, and Entrepreneurial Outcomes: An Exploration," Journal of Small Business Management, Taylor & Francis Journals, vol. 55(4), pages 614-631, October.
    • Handle: RePEc:taf:ujbmxx:v:55:y:2017:i:4:p:614-631
    DOI: 10.1111/jsbm.12252
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    Cited by:

    1. Norifumi Kawai & Hataya Sibunruang & Tomoyo Kazumi, 2023. "Work-family conflict, entrepreneurial regret, and entrepreneurial outcomes during the COVID-19 pandemic," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 837-861, June.
    2. María J. Martínez-Romero & Julio Diéguez-Soto & Pieter Vandekerkhof, 2023. "Enlightening the influence of family TMT involvement on firm growth and degrowth rates," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(3), pages 581-610, September.
    3. Dirk De Clercq & Eugene Kaciak & Narongsak (Tek) Thongpapanl, 2023. "Full circle support: unpacking the relationship between women entrepreneurs’ family-to-work support and work interference with family," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 343-367, March.

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