Stakeholder Prioritization in Family Businesses: A Theoretical Essay

Purpose: to identify the factors that influence the stakeholders management in family firms.Methodology: a theoretical essay was developed based on the “stakeholder salience model”, which addresses prioritization criteria, and the “three circle model”, which presents the intersections between family...

Descripción completa

Detalles Bibliográficos
Autores: Barakat, Simone Ruchdi, Parente, Tobias Coutinho, Sarturi, Greici
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2020
País:Brasil
Institución:Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)
Repositorio:Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
Idioma:portugués
inglés
OAI Identifier:oai:ojs.regepe.org.br:article/1532
Acceso en línea:https://www.regepe.org.br/regepe/article/view/1532
Access Level:acceso abierto
Palabra clave:Stakeholders
Stakeholders Salience
Family Firms
Saliência de stakeholders
Empresas familiares
Descripción
Sumario:Purpose: to identify the factors that influence the stakeholders management in family firms.Methodology: a theoretical essay was developed based on the “stakeholder salience model”, which addresses prioritization criteria, and the “three circle model”, which presents the intersections between family, business, and ownership peculiar to family firms.Findings: the results show the salience of three internal stakeholders groups in Family firms (founders, next generation members and non-family employees) based on the attributes of power, legitimacy and urgency, and considering the simultaneity of the stakeholder roles in Family business.Theoretical contributions: the study contributes for stakeholder management and prioritization by considering similarities and differences between family and non-family businesses and including the “role simultaneity” as an important factor in this phenomenon.Originality/Value: the inclusion of the “role simultaneity” attribute is relevant to the advancement of the “stakeholder theory” in the context of family businesses, because it offers greater scope and precision to the Salience Model and the study fosters the discussion on how to allocate organizational resources in the face of various stakeholders demands.