Long-Term Orientation as a Resource for Entrepreneurial Orientation in Private Family Firms: The Need for Participative Decision Making

被引：13

作者：

Schepers, Jelle ^{[1
]}

Voordeckers, Wim ^{[1
]}

Steijvers, Tensie ^{[1
]}

Laveren, Eddy ^{[2
]}

机构：

[1] Hasselt Univ, Res Ctr Entrepreneurship & Family Firms RCEF, Agoralaan,Bldg D, B-3590 Diepenbeek, Belgium

[2] Univ Antwerp, Dept Accountancy & Finance, Prinsstr 13, B-2000 Antwerp, Belgium

来源：

SUSTAINABILITY | 2020年 / 12卷 / 13期

关键词：

Long-term orientation; entrepreneurial orientation; participative decision making; private family firms; TOP MANAGEMENT TEAM; CORPORATE SOCIAL-RESPONSIBILITY; SOCIOEMOTIONAL WEALTH; MODERATING ROLE; GENERATIONAL INVOLVEMENT; PERFORMANCE RELATIONSHIP; PSYCHOLOGICAL OWNERSHIP; COMPETITIVE ADVANTAGE; MARKET ORIENTATION; METHOD BIAS;

D O I：

10.3390/su12135334

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Building on the resource-based view (RBV) of the firm, this paper suggests that a family firm's long-term orientation (LTO) can be an important resource that increases firm-level entrepreneurial orientation (EO). Nevertheless, resource orchestration suggests that managers need to orchestrate their resources in order to realize any potential advantage. Therefore, we hypothesize that a family firm's LTO entails potential resources to engage in entrepreneurial activities, while a participative decision making (PDM) style serves as coordinating mechanism that helps the firm to manage these resources. Using data from 209 private family firms, the results show a positive association between LTO and EO. Also, PDM was found to positively moderate the LTO-EO relationship, providing empirical support for our central hypothesis.

引用

页数：22

共 151 条

[1]

ADAMS JS, 1965, ADV EXP SOC PSYCHOL, V2, P267

[2]

Aiken L. S, 1991, Multiple regression: Testing and interpreting interactions

[3] The effects of top management team size and interaction norms on cognitive and affective conflict [J].