IDEAS home Printed from https://ideas.repec.org/a/taf/wjabxx/v15y2014i2p122-135.html
   My bibliography  Save this article

Role of Family Resources in Firm Performance: Evidence from Tanzania

Author

Listed:
  • Goodluck Charles

Abstract

The main purpose of this article is to examine the role of intangible family resources in the performance of family enterprises in Tanzania. In particular, the article examines the role of information sharing, family patient capital and family labor in firm performance. Using a sample of 163 family firms and the structural equation model of analysis, the findings indicate that family patient capital and information sharing contribute significantly to the performance of firms. With regard to the cost of labor, the study does not show any evidence that lower labor costs improve family firms' performance, most probably because these businesses incur additional labor costs which are not directly linked to the business. Based on the results, it is concluded that the family has an influence on the strategic level of family businesses, thereby contributing to their success.

Suggested Citation

  • Goodluck Charles, 2014. "Role of Family Resources in Firm Performance: Evidence from Tanzania," Journal of African Business, Taylor & Francis Journals, vol. 15(2), pages 122-135, August.
    • Handle: RePEc:taf:wjabxx:v:15:y:2014:i:2:p:122-135
    DOI: 10.1080/15228916.2014.920607
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/15228916.2014.920607
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/15228916.2014.920607?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rogers Matama, 2017. "Frugality, Family-Cohesiveness and Firm Growth; A Case of Small Firms around Oil & Gas Fields in Uganda," Journal of Economics and Behavioral Studies, AMH International, vol. 8(6), pages 188-205.
    2. Ateufack Djogho Ramecesse, 2021. "Corporate Social Responsibility and Firm Performance in SMEs: Empirical Evidence from Cameroon," Business and Economic Research, Macrothink Institute, vol. 11(3), pages 88-105, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:wjabxx:v:15:y:2014:i:2:p:122-135. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/wjab20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.