Family firm and entrepreneurial orientation in publically traded firms: A comparative analysis of the S&P 500
Short, Jeremy C. Payne, G. Tyge Brigham, Keith H. Lumpkin, G. T. Broberg, J. Christian
Short, Jeremy C.
Payne, G. Tyge
Brigham, Keith H.
Lumpkin, G. T.
Broberg, J. Christian
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Issue Date
2009-03-01
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Article
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Keywords
Entrepreneurial orientation,Family firms,Content analysis
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Citation
Short, J. C., Payne, G. T., Brigham, K. H., Lumpkin, G. T., & Broberg, J. C. (2009). Family Firms and Entrepreneurial Orientation in Publicly Traded Firms: A Comparative Analysis of the S&P 500. Family Business Review, 22(1), 9-24. https://doi.org/10.1177/0894486508327823 (Original work published 2009)
Abstract
There is considerable disagreement about whether family firm characteristics hinder or support entrepreneurial activities. This article highlights the existence of an entrepreneurial orientation in family firms, and it examines differences between family and nonfamily firms on the entrepreneurial orientation dimensions of autonomy, competitive aggressiveness, innovativeness, proactiveness, and risk taking, using content analysis of shareholder letters from S&P 500 firms. As such, family firms exhibit language consistent with an entrepreneurial orientation for all dimensions but use less language than that of nonfamily firms in relation to autonomy, proactiveness, and risk taking.
Table of Contents
Description
Article first published online: March 1, 2009
Issue published: March 2009
Publisher
Sage Publications
Journal
Family Business Review
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Digital Collection
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Archival Collection
PubMed ID
ISSN
0894-4865
1741-6248
1741-6248