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.
引用
收藏
页数:13
相关论文
共 134 条
[1]  
Aiken L. S., 1991, MULTIPLE REGRESSION
[2]   Reimagining global food value chains through effective resilience to COVID-19 shocks and similar future events: A dynamic capability perspective [J].
Ali, Imran ;
Arslan, Ahmad ;
Chowdhury, Maruf ;
Khan, Zaheer ;
Tarba, Shlomo Y. .
JOURNAL OF BUSINESS RESEARCH, 2022, 141 :1-12
[3]   Contextualizing employment outcomes in family business research: current findings and future research avenues [J].
Amato, Stefano ;
Basco, Rodrigo ;
Lattanzi, Nicola .
MANAGEMENT REVIEW QUARTERLY, 2022, 72 (02) :531-604
[4]   Family ownership during the Covid-19 pandemic [J].
Amore, Mario Daniele ;
Pelucco, Valerio ;
Quarato, Fabio .
JOURNAL OF BANKING & FINANCE, 2022, 135
[5]   The characteristics of family firms: exploiting information on ownership, kinship, and governance using total population data [J].
Andersson, Fredrik W. ;
Johansson, Dan ;
Karlsson, Johan ;
Lodefalk, Magnus ;
Poldahl, Andreas .
SMALL BUSINESS ECONOMICS, 2018, 51 (03) :539-556
[6]   DOMINANT DESIGNS, INNOVATION SHOCKS, AND THE FOLLOWER'S DILEMMA [J].
Argyres, Nicholas ;
Bigelow, Lyda ;
Nickerson, Jack A. .
STRATEGIC MANAGEMENT JOURNAL, 2015, 36 (02) :216-234
[7]   Institutional Investor Heterogeneity and Corporate Response to the Covid-19 Pandemic [J].
Ataullah, Ali ;
Le, Hang ;
Wood, Geoffrey .
BRITISH JOURNAL OF MANAGEMENT, 2022, 33 (02) :634-656
[8]   Measuring and Managing Employee Work Engagement: A Review of the Research and Business Literature [J].
Attridge, Mark .
JOURNAL OF WORKPLACE BEHAVIORAL HEALTH, 2009, 24 (04) :383-398
[9]   Implications of Family Business Employment for Employees' Innovative Work Involvement [J].
Bammens, Yannick ;
Notelaers, Guy ;
Van Gils, Anita .
FAMILY BUSINESS REVIEW, 2015, 28 (02) :123-144
[10]   WORKING IN FAMILY FIRMS: PAID LESS BUT MORE SECURE? EVIDENCE FROM FRENCH MATCHED EMPLOYER-EMPLOYEE DATA [J].
Bassanini, Andrea ;
Breda, Thomas ;
Caroli, Eve ;
Reberioux, Antoine .
ILR REVIEW, 2013, 66 (02) :433-466