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Strategic Change in Family Firms: A Review From an Institutional Environment and Firm Size Perspective
Family Business Review ( IF 9.9 ) Pub Date : 2024-02-13 , DOI: 10.1177/08944865231221841
Vitaliy Skorodziyevskiy 1 , Chelsea Sherlock 2 , Emma Su 3 , James J. Chrisman 2 , Clay Dibrell 4
Affiliation  

Using a framework that intersects strategic management and institutional economics, we show how differences in institutional environments and firm resources influence different types of strategic change (i.e., internationalization, innovation, and diversification) in family firms. We review 193 quantitative and qualitative articles to identify differences in strategic change and their performance consequences among family firms and between family and nonfamily firms. We conclude that institutional environments and firm resources impact not only the extent family firms engage in different types of strategic change but also their performance and long-term survival.

中文翻译:

家族企业的战略变革:制度环境和企业规模视角的审视

使用战略管理和制度经济学相交叉的框架,我们展示了制度环境和企业资源的差异如何影响家族企业中不同类型的战略变革(即国际化、创新和多元化)。我们回顾了 193 篇定量和定性文章,以确定家族企业之间以及家族企业与非家族企业之间战略变革及其绩效后果的差异。我们的结论是,制度环境和企业资源不仅影响家族企业参与不同类型战略变革的程度,而且影响其绩效和长期生存。
更新日期:2024-02-13
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