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Exploring the Role of Family Firm Identity and Market Focus on the Heterogeneity of Family Business Branding Strategies

In: The Palgrave Handbook of Heterogeneity among Family Firms

Author

Listed:
  • Isabel C. Botero

    (Stetson University)

  • Dinah Spitzley

    (Zeppelin University)

  • Maximilian Lude

    (Zeppelin University)

  • Reinhard Prügl

    (FIF@Zeppelin University)

Abstract

Family firms vary in their decision of whether or not to communicate the involvement of the family in the firm as part of their branding attempts. Currently, we do not have a clear understanding of why these differences in branding practices occur. In an attempt to address this gap, the current chapter develops a model to explain why there is heterogeneity in the branding practices of family firms. Taking a sender approach, we develop a conceptual model to understand why and how two predictors (i.e., family firm identity and market orientation) drive the decision of family business representatives regarding the choice to explicitly and actively communicate the “Family Business Brand” (i.e., the involvement of the family in the business). This chapter develops the rationale for this model and presents ideas for future research.

Suggested Citation

  • Isabel C. Botero & Dinah Spitzley & Maximilian Lude & Reinhard Prügl, 2019. "Exploring the Role of Family Firm Identity and Market Focus on the Heterogeneity of Family Business Branding Strategies," Springer Books, in: Esra Memili & Clay Dibrell (ed.), The Palgrave Handbook of Heterogeneity among Family Firms, chapter 33, pages 909-932, Springer.
  • Handle: RePEc:spr:sprchp:978-3-319-77676-7_33
    DOI: 10.1007/978-3-319-77676-7_33
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    Cited by:

    1. Llanos-Contreras, Orlando & Alonso-Dos-Santos, Manuel & Welsh, Dianne H.B., 2024. "Graduating college students apply here: Communicating family firm ownership and firm size," Journal of Family Business Strategy, Elsevier, vol. 15(1).

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