Why Do Family Firms Strive for Nonfinancial Goals? An Organizational Identity Perspective

被引:444
作者
Zellweger, Thomas M. [1 ]
Nason, Robert S. [2 ]
Nordqvist, Mattias [3 ]
Brush, Candida G. [4 ]
机构
[1] Univ St Gallen, St Gallen, Switzerland
[2] Babson Coll, Global STEP Project, Boston, MA USA
[3] Jonkoping Int Business Sch, Business Adm, Jonkoping, Sweden
[4] Babson Coll, Arthur M Blank Ctr Entrepreneurship, Babson Pk, MA 02157 USA
关键词
SOCIOEMOTIONAL WEALTH; BUSINESS; IDENTIFICATION; SATISFACTION; ORIENTATION; PERFORMANCE; REPUTATION; OWNERSHIP; CULTURE; IMPACT;
D O I
10.1111/j.1540-6520.2011.00466.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 sustainability intentions of the family, and the capability of the firm for self-enhancement of the family positively influence the importance of identity fit between family and firm as well as the family's concern for corporate reputation. We suggest that the concern for corporate reputation leads the family to pursue nonfinancial goals to the benefit of nonfamily stakeholders. We also discuss reinforcing feedback loops in these processes.
引用
收藏
页码:229 / 248
页数:20
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