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 50 条
  • [21] Are family firms more tax aggressive than non-family firms?
    Chen, Shuping
    Chen, Xia
    Cheng, Qiang
    Shevlin, Terry
    JOURNAL OF FINANCIAL ECONOMICS, 2010, 95 (01) : 41 - 61
  • [22] Environment-friendly practices: Family versus non-family firms
    Agostino, Mariarosaria
    Ruberto, Sabrina
    JOURNAL OF CLEANER PRODUCTION, 2021, 329
  • [23] Internationalisation of family and non-family firms: a conjoint experiment among CEOs
    Mensching, Helge
    Calabro, Andrea
    Eggers, Felix
    Kraus, Sascha
    EUROPEAN JOURNAL OF INTERNATIONAL MANAGEMENT, 2016, 10 (05) : 581 - 604
  • [24] The role of employee incentive pay in the competitiveness of family and non-family firms
    Damiani, Mirella
    Pompei, Fabrizio
    Ricci, Andrea
    ECONOMIA POLITICA, 2019, 36 (03) : 805 - 839
  • [25] Rethinking family business resilience: an empirical examination of family firms' performance amid the COVID-19 pandemic in the US
    Patel, Pankaj
    APPLIED ECONOMICS, 2024,
  • [26] Research on knowledge sharing and interpersonal relationships: empirical study of family firms and non-family firms
    Lin, Wen-Bao
    QUALITY & QUANTITY, 2013, 47 (01) : 151 - 166
  • [27] Are Family Firms More Levered? An Analysis of Family and Non-Family Firms
    Haider, Jahanzaib
    Qayyum, Abdul
    Zainudin, Zalina
    SAGE OPEN, 2021, 11 (02):
  • [28] Innovation Through Tradition: The Role of Past Knowledge for Successful Innovations in Family and Non-family Firms
    Gusenbauer, Michael
    Schweiger, Nina
    Matzler, Kurt
    Hautz, Julia
    FAMILY BUSINESS REVIEW, 2023, 36 (01) : 17 - 36
  • [29] Value Creating Corporate Social Responsibility Strategies of Family and Non-Family Firms: An Interventionist Perspective
    Garcia-Sanchez, Isabel-Maria
    Rodriguez-Ariza, Lazaro
    Aibar-Guzman, Cristina
    Khan, Huda
    Zahoor, Nadia
    Tarba, Shlomo Y.
    JOURNAL OF BUSINESS ETHICS, 2025,
  • [30] Does it pay more to be green in family firms than in non-family firms?
    Garces-Ayerbe, Concepcion
    Rivera-Torres, Pilar
    Murillo-Luna, Josefina L.
    Suarez-Galvez, Cristina
    REVIEW OF MANAGERIAL SCIENCE, 2022, 16 (05) : 1365 - 1386