Wait or pivot? Family and non-family firms' strategic responses to COVID-19 and employment change

被引:0
|
作者
Issah, Wunnam [1 ,2 ]
Calabro, Andrea [3 ]
Clauss, Thomas [4 ,5 ]
Valentino, Alfredo [6 ]
Diaz-Matajira, Luis [7 ]
机构
[1] Univ East Anglia, Norwich Business Sch, Norwich Res Pk, Norwich NR4 7TJ, England
[2] Univ Luxembourg, 6 Rue Richard Coudenhove Kalergi, L-1359 Luxembourg, Luxembourg
[3] IPAG Business Sch, 4 Blvd Carabacel, F-06000 Nice, France
[4] Witten Herdecke Univ, Witten Inst Family Business, Alfred Herrhausen Str 48, D-58448 Witten, Germany
[5] Univ Southern Denmark, Dept Technol & Innovat, Odense, Denmark
[6] ESCE Int Business Sch, OMNES Educ, 82 Espl Gen de Gaulle, F-92400 Courbevoie, France
[7] Univ Los Andes, Calle 21 1-20, Bogota, Colombia
关键词
COVID-19; Employment change; Family firms; Pivoting strategy; Transparent leadership communication; AUTHENTIC LEADERSHIP; BEHAVIORAL INTEGRITY; SOCIOEMOTIONAL WEALTH; STATUS-QUO; COMMUNICATION; IMPACT; PERFORMANCE; MANAGEMENT; CAPABILITIES; INFORMATION;
D O I
10.1016/j.jbusres.2024.114885
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this paper is to investigate the effects of different strategic behaviors adopted during COVID-19 pandemic on employment change (a percentage change in the number of employees) in both family and nonfamily firms. We use an international survey-based dataset of 2,192 family and non-family firms. We provide evidence that a pivoting strategy (transforming the business) could prevent layoffs. Finally, while transparent leadership communication positively moderates the effect of pivoting on employment change in non-family firms it shows an opposite effect in family firms.
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页数:13
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