Abstract
This study investigates the role of behavioral strategic controls in the relationships between ownership, generational involvement and innovation in family firms. Drawing on social capital theory, we examine how family ownership and generational involvement influence the use of behavioral strategic controls, and how behavioral strategic controls in turn affect family firm innovation. We use multiple regression analysis to test our hypotheses in a sample of 124 managers from Taiwanese family firms. The results show that family ownership is significantly related to the use of behavioral strategic controls that, in turn, have a significantly positive effect on family firm innovation. However, the results also show that multi-generational involvement in a business is not significantly related to the use of behavioral strategic controls.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
