Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis

The existing typologies, classifications that identify types of family firms based on specific characteristics, aim to enhance our understanding of the heterogeneity of family businesses. However, these typologies fall short in thoroughly exploring and predicting be-havioural and performance consequ...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Arteaga, Rocio (author)
مؤلفون آخرون: Basco, Rodrigo (author)
التنسيق: article
منشور في: 2023
الموضوعات:
الوصول للمادة أونلاين:https://hdl.handle.net/11073/32509
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author Arteaga, Rocio
author2 Basco, Rodrigo
author2_role author
author_facet Arteaga, Rocio
Basco, Rodrigo
author_role author
dc.creator.none.fl_str_mv Arteaga, Rocio
Basco, Rodrigo
dc.date.none.fl_str_mv 2023-12-03
2025-11-25T11:10:31Z
2025-11-25T11:10:31Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv Arteaga, R., & Basco, R. (2023). Disentangling family firm heterogeneity: Evidence from a cross-country analysis. European Journal of Family Business, 13(2), 162–181. https://doi.org/10.24310/ejfb.13.2.2023.17638
2444- 877X
https://hdl.handle.net/11073/32509
10.24310/ejfb.13.2.2023.17638
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv Uma Editorial
dc.relation.none.fl_str_mv https://doi.org/10.24310/ejfb.13.2.2023.17638
dc.rights.none.fl_str_mv Attribution-NonCommercial-ShareAlike 4.0 International
http://creativecommons.org/licenses/by-nc-sa/4.0/
dc.subject.none.fl_str_mv Family firms
Corporate governance
Typology
Family business heterogeneity
Non-economic goals
Firm performance
Family business context
dc.title.none.fl_str_mv Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
dc.type.none.fl_str_mv Peer-Reviewed
Published version
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
description The existing typologies, classifications that identify types of family firms based on specific characteristics, aim to enhance our understanding of the heterogeneity of family businesses. However, these typologies fall short in thoroughly exploring and predicting be-havioural and performance consequences associated with being categorized within specific classifications. Furthermore, the majority of the existing analyses have been empirically tested in one single country. To address these two research gaps, we use a sample of 814 small- and medium-sized family firms operating in 21 countries, collected by the STEP Pro-ject Global Consortium. This sample is employed to classify family firms based on their corporate governance similarities and explore their behavioural and performance patterns. Building on the principles of the configurative approach, we find that each of the four fami-ly firm configuration—group of family firms with related corporate governance mechanisms—has a unique yet similar combination of patterns in terms of transgenerational entrepre-neurship practices, non-economic goals, and firm performance. Additionally, expanding on the isomorphic effect, we find evidence indicating that certain world macroregions exhibit a greater propensity for specific corporate governance configurations compared to others.
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identifier_str_mv Arteaga, R., & Basco, R. (2023). Disentangling family firm heterogeneity: Evidence from a cross-country analysis. European Journal of Family Business, 13(2), 162–181. https://doi.org/10.24310/ejfb.13.2.2023.17638
2444- 877X
10.24310/ejfb.13.2.2023.17638
language_invalid_str_mv en
network_acronym_str aus
network_name_str aus
oai_identifier_str oai:repository.aus.edu:11073/32509
publishDate 2023
publisher.none.fl_str_mv Uma Editorial
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
rights_invalid_str_mv Attribution-NonCommercial-ShareAlike 4.0 International
http://creativecommons.org/licenses/by-nc-sa/4.0/
spelling Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country AnalysisArteaga, RocioBasco, RodrigoFamily firmsCorporate governanceTypologyFamily business heterogeneityNon-economic goalsFirm performanceFamily business contextThe existing typologies, classifications that identify types of family firms based on specific characteristics, aim to enhance our understanding of the heterogeneity of family businesses. However, these typologies fall short in thoroughly exploring and predicting be-havioural and performance consequences associated with being categorized within specific classifications. Furthermore, the majority of the existing analyses have been empirically tested in one single country. To address these two research gaps, we use a sample of 814 small- and medium-sized family firms operating in 21 countries, collected by the STEP Pro-ject Global Consortium. This sample is employed to classify family firms based on their corporate governance similarities and explore their behavioural and performance patterns. Building on the principles of the configurative approach, we find that each of the four fami-ly firm configuration—group of family firms with related corporate governance mechanisms—has a unique yet similar combination of patterns in terms of transgenerational entrepre-neurship practices, non-economic goals, and firm performance. Additionally, expanding on the isomorphic effect, we find evidence indicating that certain world macroregions exhibit a greater propensity for specific corporate governance configurations compared to others.Uma Editorial2025-11-25T11:10:31Z2025-11-25T11:10:31Z2023-12-03Peer-ReviewedPublished versioninfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfArteaga, R., & Basco, R. (2023). Disentangling family firm heterogeneity: Evidence from a cross-country analysis. European Journal of Family Business, 13(2), 162–181. https://doi.org/10.24310/ejfb.13.2.2023.176382444- 877Xhttps://hdl.handle.net/11073/3250910.24310/ejfb.13.2.2023.17638enhttps://doi.org/10.24310/ejfb.13.2.2023.17638Attribution-NonCommercial-ShareAlike 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-sa/4.0/oai:repository.aus.edu:11073/325092025-11-26T11:31:01Z
spellingShingle Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
Arteaga, Rocio
Family firms
Corporate governance
Typology
Family business heterogeneity
Non-economic goals
Firm performance
Family business context
status_str publishedVersion
title Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
title_full Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
title_fullStr Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
title_full_unstemmed Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
title_short Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
title_sort Disentangling Family Firm Heterogeneity: Evidence from a Cross-Country Analysis
topic Family firms
Corporate governance
Typology
Family business heterogeneity
Non-economic goals
Firm performance
Family business context
url https://hdl.handle.net/11073/32509