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VDM Verlag Entrepreneurial Family Firm Culture: Evidence From Three Countries: Family Firm Culture Compared to Non-Family Firm Management Culture

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Description

This research empirically investigates the cultural basis of family firms by comparing values and beliefs of family-business members with that of professional managers across three countries. Empirical evidence was acquired using a survey instrument administered to family-firm members and bank managers in two countries, Ukraine and the U.S. as well as family-firm members and professional government workers in American Samoa. Two value constructs (Power Distance and Masculinity) and five social axiom constructs (Social Cynicism, Social Flexibility, Reward for Application, Spirituality, and Fate Control) were used. It was expected that there would be similarities between family-owned firms across nations in that differences with non-family professional culture would be in the same direction in all countries. Results showed significant differences between family-firm members and non-family professionals in all countries. We can conclude that Power Distance, Social Flexibility and Spirituality difference directions are potentially universal in terms of family-firm culture.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
10 February 2009
Listed Since
23 February 2009

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