Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10492781 | Journal of Business Research | 2016 | 5 Pages |
Abstract
This study investigates the effect of family involvement on family firms' entrepreneurial behavior through decentralization. Borrowing from agency theory and using a sample of 145 entrepreneurs, this study contributes to entrepreneurship literature by providing a fine-grained explanation about how a decision-making mechanism such as decentralization influences the relationship between family involvement and innovativeness, and risk taking of family firms. Furthermore, this study demonstrates the importance of considering heterogeneity of family firms and the focal role of decentralization in spurring up firm-level entrepreneurship.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Melih Madanoglu, Levent Altinay, Xuan (Lorna) Wang,