oru.sePublikasjoner
Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Family business: A missing link in economics?
Örebro universitet, Handelshögskolan vid Örebro Universitet. (Företagandet och företagandets villkor)ORCID-id: 0000-0002-5610-8526
Örebro universitet, Handelshögskolan vid Örebro Universitet. (Företagandet och företagandets villkor)ORCID-id: 0000-0001-5457-1915
Royal Institute of Technology (KTH), Stockholm, Sweden; Swedish Entrepreneurship Forum, Stockholm, Sweden.
2020 (engelsk)Inngår i: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593Artikkel i tidsskrift (Fagfellevurdert) In press
Abstract [en]

Family firms account for a substantial share of economic activity and deviate from standard economic assumptions on firmbehavior. However, little is known about how these firms are represented in economic theory. This article examines the inclusion of family business in the curricula of economics doctoral programs in the United States and Sweden as well as professors’ and textbook authors’ views and research on family business. Textbooks, articles and course offerings used in doctoral programs are considered to indicate the state of established knowledge in the field. The findings show that family business is not included in the examined curricula. Furthermore, professors and authors do not publish research on family business and generally do not see a need to incorporate it into economic theory. This article concludes that family business is excluded from ‘core’ economic theory due to a lack of paradigmatic pluralism, axiomatic incompatibility, path dependency, institutional bias and data constraints. Lastly, it is speculated that integration of family business theory into standard economic modeling is likely to occur outside prestigious universities due to path dependency in research.

sted, utgiver, år, opplag, sider
Elsevier, 2020.
Emneord [en]
entrepreneurship, family business, family control, family firm, economics, teaching
HSV kategori
Forskningsprogram
Nationalekonomi
Identifikatorer
URN: urn:nbn:se:oru:diva-79162DOI: 10.1016/j.jfbs.2019.100306OAI: oai:DiVA.org:oru-79162DiVA, id: diva2:1385444
Tilgjengelig fra: 2020-01-14 Laget: 2020-01-14 Sist oppdatert: 2020-03-03bibliografisk kontrollert
Inngår i avhandling
1. Essays on Family Firms and Firm Growth Barriers
Åpne denne publikasjonen i ny fane eller vindu >>Essays on Family Firms and Firm Growth Barriers
2020 (engelsk)Doktoravhandling, med artikler (Annet vitenskapelig)
Abstract [en]

This thesis concerns the implications of family ownership and perceived growth barriers for firm decision-making and performance. The first article examines the inclusion of family business in economics doctoral programs in the United States and Sweden, as well as the views of professors and textbook authors and research on family business. It is found that family business is not included in the examined curricula. Furthermore, professors and authors do not publish research on family business and generally do not see a need to incorporate it into economic theory. The article concludes by discussing the causes of this omission, as well as strategies to overcome them in order to further our understanding of economic action. The second article presents a novel strategy for identifying domiciled family firms using total population data. By applying this strategy to Swedish data, family firms are found to contribute to one-third of Swedish employment and gross domestic product, and a significant share of Sweden’s largest firms are family-owned. In general, family firms are found to be smaller than their non-family equivalents, although they are more profitable. Meanwhile, differences between family firms and nonfamily firms are found to diminish with firm size. The third article examines whether family firms have a comparative employment growth advantage over nonfamily firms in regions with relatively low population density. As a group, family firms are found to be the main source of job creation in rural regions, largely as a result of their large numbers. Nevertheless, the average family firm is found to grow more slowly than the average non-family firm. Meanwhile, in line with the study’s conjecture, this difference is found to decrease across the urban-rural context, i.e., across metropolitan, urban and rural regions. The fourth paper examines the representation of women in top management teams1 in family firms and non-family firms. Moreover, the share of women in a firm’s top management team is found to be positively associated with the additional appointment of female managers. Lastly, kinship bonds between the owning families and prospective managers are found to be positively associated with the appointment of women on top management teams. The fifth paper aims to capture the relationship between perceived growth barriers and firm size, which is achieved by developing a novel data-driven strategy for identifying firm size groups. It is found that smaller firms typically face accessibility constraints on equity financing, whereas larger firms generally face barriers related to competition and accessibility to qualified staff. These results are benchmarked against those using prevailing strategies for measuring firm size, whereby it is suggested that there may be a need for methodological rethinking in the field regarding its treatment of firm size.

sted, utgiver, år, opplag, sider
Örebro: Örebro University, 2020. s. 48
Serie
Örebro Studies in Economics, ISSN 1651-8896 ; 43
Emneord
entrepreneurship, family firm, family ownership, firm growth, institutions, perceived growth barriers
HSV kategori
Identifikatorer
urn:nbn:se:oru:diva-80222 (URN)978-91-7529-325-7 (ISBN)
Disputas
2020-04-03, Örebro universitet, Hörsalen, Musikhögskolan, Fakultetsgatan 1, Örebro, 13:15 (engelsk)
Opponent
Veileder
Tilgjengelig fra: 2020-02-27 Laget: 2020-02-27 Sist oppdatert: 2020-03-03bibliografisk kontrollert

Open Access i DiVA

Fulltekst mangler i DiVA

Andre lenker

Forlagets fulltekst

Personposter BETA

Johansson, DanKarlsson, Johan

Søk i DiVA

Av forfatter/redaktør
Johansson, DanKarlsson, Johan
Av organisasjonen
I samme tidsskrift
The Journal of Family Business Strategy

Søk utenfor DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric

doi
urn-nbn
Totalt: 59 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf