Participation in business associations and performance among family firms
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Authors
Perry, John T.
Pett, Timothy L.
Buhrman, Amy
Advisors
Issue Date
2010-10-06
Type
Article
Keywords
Family businesses , Association participation , Networking , Business associations , Family influences , Business ownership , Institutional theory , Legitimacy , Owning families , Ownership , Firm performance , Chambers of Commerce , Small and medium-sized enterprises , SMEs , Entrepreneurs , Entrepreneurship , Family firms , Financing , Corporate governance
Citation
Perry, J. T., Pett, T. L., & Buhrman, A. (2010). Participation in business associations and performance among family firms. International Journal of Entrepreneurship and Small Business, 11(3). https://doi.org/10.1504/IJESB.2010.035824
Abstract
We compare participation in business associations among family firms based on a firm's level of owning family influence. We find that among family firms, owning family influence is negatively related to business association participation. That is, we find that family firms that are highly influenced by their owning families are less likely to participate in business associations than firms that are influenced less by their owning families. This finding is potentially troubling for highly family influenced firms because we also find that business association participation is positively related to firm performance. Implications of these findings are also presented.
Table of Contents
Description
The article can be found here: https://www.inderscienceonline.com/doi/abs/10.1504/IJESB.2010.035824
Publisher
Inderscience Publishers
Journal
International Journal of Entrepreneurship and Small Business
Book Title
Series
PubMed ID
ISSN
1476-1297
1741-8054
1741-8054