Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity

This study examines the key topic of SME survival during an economic downturn by focusing on the role of family governance. We argue that family SMEs typically show higher levels of organizational inertia that may particularly harm their performance during an environmental jolt, while other idiosync...

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Detalhes bibliográficos
Autores: Freixanet, Joan, Renart i Vicens, Gemma, Marquès i Gou, Pilar
Tipo de documento: artigo
Estado:Versión aceptada para publicación
Data de publicação:2024
País:España
Recursos:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositório:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:10256/24619
Acesso em linha:http://hdl.handle.net/10256/24619
Access Level:Acesso embargado
Palavra-chave:Empreses familiars
Family-owned business enterprises
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spelling Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensityFreixanet, JoanRenart i Vicens, GemmaMarquès i Gou, PilarEmpreses familiarsFamily-owned business enterprisesThis study examines the key topic of SME survival during an economic downturn by focusing on the role of family governance. We argue that family SMEs typically show higher levels of organizational inertia that may particularly harm their performance during an environmental jolt, while other idiosyncrasies, including greater survivability capital and owners' transgenerational sustainability intentions, enhance their odds of survival. However, we also contend that family firms are a heterogeneous group, and draw attention to the level of ownership concentration and collaborative intensity as factors likely to enhance these firms' survival. Conversely, we posit that family businesses with lower ownership concentration will benefit more from high collaborative intensity, thus suggesting the need to examine the joint survival effects of these two factors. We perform Cox survival analyses on a sample of 259 SMEs tracked from 2005 to 2019. The results offer important implications for scholars, managers, and policymakersTaylor & Francisinfo2024info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionpeer-reviewedapplication/pdfhttp://hdl.handle.net/10256/24619http://hdl.handle.net/10256/24619© Journal of Small Business Management, 2024, vol. undef, núm. undef, p. undefArticles publicats (D-OGEDP)Freixanet, Joan Renart i Vicens, Gemma Marquès i Gou, Pilar 2024 Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity Journal of Small Business Management undef undef undefreponame:Recercat. Dipósit de la Recerca de Catalunyainstname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)Inglésinfo:eu-repo/semantics/altIdentifier/doi/10.1080/00472778.2023.2293905info:eu-repo/semantics/altIdentifier/issn/0047-2778info:eu-repo/semantics/altIdentifier/eissn/1540-627XTots els drets reservatsinfo:eu-repo/semantics/embargoedAccessoai:recercat.cat:10256/246192026-05-29T05:05:01Z
dc.title.none.fl_str_mv Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
title Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
spellingShingle Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
Freixanet, Joan
Empreses familiars
Family-owned business enterprises
title_short Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
title_full Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
title_fullStr Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
title_full_unstemmed Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
title_sort Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity
dc.creator.none.fl_str_mv Freixanet, Joan
Renart i Vicens, Gemma
Marquès i Gou, Pilar
author Freixanet, Joan
author_facet Freixanet, Joan
Renart i Vicens, Gemma
Marquès i Gou, Pilar
author_role author
author2 Renart i Vicens, Gemma
Marquès i Gou, Pilar
author2_role author
author
dc.subject.none.fl_str_mv Empreses familiars
Family-owned business enterprises
topic Empreses familiars
Family-owned business enterprises
description This study examines the key topic of SME survival during an economic downturn by focusing on the role of family governance. We argue that family SMEs typically show higher levels of organizational inertia that may particularly harm their performance during an environmental jolt, while other idiosyncrasies, including greater survivability capital and owners' transgenerational sustainability intentions, enhance their odds of survival. However, we also contend that family firms are a heterogeneous group, and draw attention to the level of ownership concentration and collaborative intensity as factors likely to enhance these firms' survival. Conversely, we posit that family businesses with lower ownership concentration will benefit more from high collaborative intensity, thus suggesting the need to examine the joint survival effects of these two factors. We perform Cox survival analyses on a sample of 259 SMEs tracked from 2005 to 2019. The results offer important implications for scholars, managers, and policymakers
publishDate 2024
dc.date.none.fl_str_mv 2024
info
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
peer-reviewed
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10256/24619
http://hdl.handle.net/10256/24619
url http://hdl.handle.net/10256/24619
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.1080/00472778.2023.2293905
info:eu-repo/semantics/altIdentifier/issn/0047-2778
info:eu-repo/semantics/altIdentifier/eissn/1540-627X
dc.rights.none.fl_str_mv Tots els drets reservats
info:eu-repo/semantics/embargoedAccess
rights_invalid_str_mv Tots els drets reservats
eu_rights_str_mv embargoedAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Taylor & Francis
publisher.none.fl_str_mv Taylor & Francis
dc.source.none.fl_str_mv © Journal of Small Business Management, 2024, vol. undef, núm. undef, p. undef
Articles publicats (D-OGEDP)
Freixanet, Joan Renart i Vicens, Gemma Marquès i Gou, Pilar 2024 Family firms' survival in an economic downturn: The role of ownership concentration and collaborative intensity Journal of Small Business Management undef undef undef
reponame:Recercat. Dipósit de la Recerca de Catalunya
instname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
instname_str Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
reponame_str Recercat. Dipósit de la Recerca de Catalunya
collection Recercat. Dipósit de la Recerca de Catalunya
repository.name.fl_str_mv
repository.mail.fl_str_mv
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