Family firms are characterized by specific leadership settings that have recently attracted
increasing scholarly attention. This study provides a systematic review of the academic …

Through a systematic review of 118 peer‐reviewed journal articles published between 1961
and 2017, this article provides an integrative picture of the state of the art of the family firm …

Drawing on stewardship and resource dependence theories, we examine how the board of
directors (BoD) influences the link between entrepreneurial orientation (EO) and …

We draw from socioemotional wealth and social identity research to develop a theory on
reputational differences among family and non‐family firms. We propose that family …

Family firms employ about 60% of the global workforce. While it is widely assumed that they
are good employers, data about their conduct are mixed. In this study, we extend …

Distinguishing sufficient conditions from necessary conditions is crucial in both theoretical
and empirical studies. We propose that the sufficiency condition for family involvement to …

Using behavioral and stakeholder theories, we suggest that family firms may have family–
centered non–economic goals and that these goals could influence firm behaviors. This …

In a digitally empowered business world, a growing number of family businesses are
leveraging the use of chatbots in an attempt to improve customer experience. This research …

Family firms are thought to pursue nonfinancial goals that provide socioemotional wealth,
but socioemotional wealth is feasible only with family control of the firm. Using prospect …

This paper develops an organizational identity–based rationale for why family firms strive for
nonfinancial goals. We show that the visibility of the family in the firm, the transgenerational …