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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/19914

Title: Value creation in family firms: A model of fit
Authors: Kammerlander, Nadine
Sieger, Philipp
Voordeckers, Wim
Zellweger, Thomas
Issue Date: 2015
Publisher: ELSEVIER SCIENCE BV
Citation: JOURNAL OF FAMILY BUSINESS STRATEGY, 6 (2), p. 63-72
Abstract: We propose a framework describing how family ownership can create or destroy value depending on the goals, resources, and governance of the family firm, which are each influenced by the family owners. Taking a contingency perspective, we suggest that a fit is required for all three elements - family-influenced goals, resources, and governance - for the family firm to flourish over generations. We conclude with a suggested research agenda indicating research opportunities at the nexus of these identified elements. Further we provide some guiding questions for practitioners that might stimulate fruitful discussions among family firm owners and managers about how to realize "fit." (C) 2015 Published by Elsevier Ltd.
Notes: [Kammerlander, Nadine; Sieger, Philipp; Zellweger, Thomas] Univ St Gallen, CH-9000 St Gallen, Switzerland. [Voordeckers, Wim] Univ Hasselt, B-3500 Hasselt, Belgium.
URI: http://hdl.handle.net/1942/19914
DOI: 10.1016/j.jfbs.2015.04.001
ISI #: 000356547600001
ISSN: 1877-8585
Category: A1
Type: Journal Contribution
Validation: ecoom, 2016
Appears in Collections: Research publications

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