Family Firms and Entrepreneurial Orientation in Publicly Traded Firms: A Comparative Analysis of the S&P 500
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 or...
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| Veröffentlicht in: | Family business review 2009-03, Vol.22 (1), p.9-24 |
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| container_title | Family business review |
| container_volume | 22 |
| creator | Short, Jeremy C. Payne, G. Tyge Brigham, Keith H. Lumpkin, G.T. Broberg, J. Christian |
| description | 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. |
| doi_str_mv | 10.1177/0894486508327823 |
| format | Article |
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| title | Family Firms and Entrepreneurial Orientation in Publicly Traded Firms: A Comparative Analysis of the S&P 500 |
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