Following calls to capture the consequences of family involvement in the business, this article empirically investigates the mediating role of board processes (i.e., effort norms, use of knowledge and skills, and cognitive conflicts) and board (control and strategy) tasks in the relationship between family involvement and firm performance in small and medium-sized companies. To address this purpose, we developed a theoretical model using family business and corporate governance literature. We collected data from one sample of small and medium-sized enterprises, and we applied structural equation modeling to validate and test constructs and relationships. Our results show that (a) family involvement in the business has a positive impact on effort norms and use of knowledge and skills, and a negative one on cognitive conflicts, (b) board processes have generally a positive influence on board tasks performance, and (c) board strategy task performance positively influences firm financial performance, while board control task

Does family involvement influence firm performance? Exploring the mediating effects of board processes and tasks / Zattoni, Alessandro; L., Gnan; M., Huse. - In: JOURNAL OF MANAGEMENT. - ISSN 0149-2063. - 41:4(2015), pp. 1214-1243. [10.1177/0149206312463936]

Does family involvement influence firm performance? Exploring the mediating effects of board processes and tasks

ZATTONI, ALESSANDRO;
2015

Abstract

Following calls to capture the consequences of family involvement in the business, this article empirically investigates the mediating role of board processes (i.e., effort norms, use of knowledge and skills, and cognitive conflicts) and board (control and strategy) tasks in the relationship between family involvement and firm performance in small and medium-sized companies. To address this purpose, we developed a theoretical model using family business and corporate governance literature. We collected data from one sample of small and medium-sized enterprises, and we applied structural equation modeling to validate and test constructs and relationships. Our results show that (a) family involvement in the business has a positive impact on effort norms and use of knowledge and skills, and a negative one on cognitive conflicts, (b) board processes have generally a positive influence on board tasks performance, and (c) board strategy task performance positively influences firm financial performance, while board control task
board processes, board tasks performance, corporate governance, family firms, SMEs
Does family involvement influence firm performance? Exploring the mediating effects of board processes and tasks / Zattoni, Alessandro; L., Gnan; M., Huse. - In: JOURNAL OF MANAGEMENT. - ISSN 0149-2063. - 41:4(2015), pp. 1214-1243. [10.1177/0149206312463936]
File in questo prodotto:
File Dimensione Formato  
Journal of Management-2012-Zattoni-0149206312463936.pdf

Solo gestori archivio

Tipologia: Documento in Post-print
Licenza: DRM non definito
Dimensione 827.1 kB
Formato Adobe PDF
827.1 kB Adobe PDF   Visualizza/Apri
11385-144697.pdf

Solo gestori archivio

Tipologia: Versione dell'editore
Licenza: DRM non definito
Dimensione 215.54 kB
Formato Adobe PDF
215.54 kB Adobe PDF   Visualizza/Apri
Pubblicazioni consigliate

Caricamento pubblicazioni consigliate

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/144697
Citazioni
  • Scopus 115
  • ???jsp.display-item.citation.isi??? 94
social impact