Research in focus
In this page we portray a selection of the most recents contributions published by CeFEO members in the fields of family business, family entrepreneurship, and ownership.
You can click on the titles to know more.
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Acquisition Relatedness in Family Firms: Do the Environment and the Institutional Context Matter?
Pinelli M., Chirico F. , De Massis A., Zattoni A. Research on the acquisition behaviour of family firms has produced conflicting theoretical arguments and mixed empirical findings on their propensity to acquire related or unrelated targets.
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The Motherhood Wage Penalty and Female Entrepreneurship
Yang T., Kacperczyk A., Naldi L. The need to resolve work–family conflict has long been considered a central motive for women’s pursuit of entrepreneurship. In this paper, we propose and empirically uncover a novel mechanism driving female entrepreneurship: reduced earnings opportunities in w... -
External enablers in existing organizations: Emergence, novelty, and persistence of entrepreneurial initiatives
Cestino Castilla J. , Naldi L. , Ots M. There is growing consensus that exogenous environmental changes can affect entrepreneurship. The external enabler framework, which provides the structures and terminology to analyze these enabling effects, has typically focused on new venture creation. -
Examining Heterogeneous Configurations of Socioemotional Wealth in Family Firms Through the Formalization of Corporate Social Responsibility Strategy
Hsueh J. , De Massis A., Gomez-Mejia L. Family firms purportedly use different socioemotional wealth (SEW) reference points in choosing strategies, yet empirical research continues to use family involvement as a proxy for SEW. -
Learning from Their Daughters: Family Exposure to Gender Disparity and Female Representation in Male-Led Ventures
Wu Z., Naldi L. , Wennberg K., Uman T. We build on recent studies on daughter-to-father influence to explore how male founders’ fatherhood of daughters impacts female representation in their ventures. -
Engaging With the Category: Exploring Family Business Longevity From a Historical Perspective
Haag K. , Achtenhagen L. , Grimm J. Longevity is at the core of what makes family businesses special. Unlike most attempts to explain longevity that have focused primarily on the factors within a family business that lead to longevity or the factors outside of an organization’s environment, we a... -
Rising Every Time We Fall: Organizational Fortitude and Response to Adversities
Smith C., Rondi E., De Massis A., Nordqvist M. The role of organizational resilience enabling firms to respond to adversity and survive has become ever more critical in the wake of an increasingly unpredictable external environment. -
Accountants in family firms: a systematic literature review
Sandgren, M. , Uman, T. , Nordqvist, M.
The purpose of this article is to review the body of the literature on the role of individual accountants in the context of family firms, synthesize the findings, outline directions for future research, and to present an integrative framework that summarizes t... -
Best Among the Worst or Worst Among the Best? Socioemotional Wealth and Risk-Performance Returns for Family and Non-family Firms Under Financial Distress
Gómez-Mejia L.R., Chirico F. , Martin G., Baù M.
How does family firms behave in conditions of fnancial distress? How does the social emotional considerations of the family affect the risk propensity of the firm? -
Founders’ Prior Shared International Experience, Time to First Foreign Market Entry, and New Venture Performance
Criaco G., Naldi L. , Zahra S.A.
We examine the influence of founders’ prior shared international experience on the timing of their new ventures’ first entry into foreign markets. -
Radical innovation in (multi)family owned firms
Chirico F. , Ireland R., Pittino D. , Sanchez-Famoso V.
By integrating organizational learning theory with the family firm literature, we seek to enhance our understanding of radical innovation in (multi)family-owned firms. -
How Do Immigrant Family Businesses Achieve Global Expansion? An Embeddedness Perspective
Chavan M., Chirico F. , Taksa L., Alam M.
By drawing on the lived experience of 25 highly successful family business entrepreneurs in Australia, we develop an integrated process model and discover a four-phase chronology of IFBs’ success toward global expansion. -
Are family female directors catalysts of innovation in family small and medium enterprises?
Bauweraerts J., Rondi E., Rovelli P., De Massis A., Sciascia S.
We examine the role that women who are members of the family owning a business play in the decision making of SMEs. Specifically, we investigate the influence that the involvement of family female directors in the board of family SMEs exerts on innovation deci... -
The persistence of family firms: How does performance threshold affect family firm exit?
Symeonidou N., De Tienne D.R., Chirico F.
Why firms with similar economic performance make different exit decisions? We find evidence that family firms have lower “performance thresholds” than non-family firms, reducing family firms’ likelihood of exit. -
Pragmatic learning in family SMEs: a qualitative study of functional overload among family SME owner-managers
Querbach S., Kammerlander N., Singh J., Waldkirch M.
We develop and pinpoint the family owner managers’ “functional overload” as a major barrier to learning and employee empowerment, family-members’ support and customer feedback as critical resources in overcoming such functional overload. -
External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge
Kimjeon J. , Davidsson P.
Our goal is to enhance knowledge accumulation about how changes to the business environment enable new venture creation, with a special emphasis on strategically actionable knowledge. -
Owner-manager when death do us part – roles of a widow in sudden succession in family firms
Almlöf H. , Sjögren H.
We sheds light on a hitherto understudied group in family business literature: widows. We explore the roles a widow may take following the unexpected death of her owner-manager spouse when she had no salient role in the business prior to the death. -
Torn between individual aspirations and the family legacy – individual career development in family firms
Achtenhagen L. , Haag K. , Hultén K., Lundgren J.
We explore individual career management by family members in the context of their family firms with particular attention toward choice, planning, goals and development of family members' careers in their family business. -
Why are some family firms not innovative?: Innovation Barriers and Path Dependence in Family Firms
Lorenzo D., Núñez-Cacho P., Akhter N. , Chirico F.
How does leadership impact on family firm orientation towards innovation? How does reputation affect innovation. How do emotional conflicts between relatives affect family firm innovation?