Family Involvement, Family Influence, and Family-Centered Non-Economic Goals in Small Firms

Authors

  • James J. Chrisman,

    Corresponding author
    1. Department of Management and Information Systems and Director of the Center of Family Enterprise Research, Mississippi State University, Mississippi State, MS, USA
      Tim Barnett, tel.: (662) 325-2419; e-mail: tim.barnett@msstate.edu, to James J. Chrisman at jchrisman@cobilan.msstate.edu, to Jess H. Chua at chua@ucalgary.ca, and to Allison W. Pearson at allison.pearson@msstate.edu.
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  • Jess H. Chua,

    Corresponding author
    1. Haskayne School of Business, University of Calgary, 2500 University Drive NW, Calgary, Alberta, Canada
      Tim Barnett, tel.: (662) 325-2419; e-mail: tim.barnett@msstate.edu, to James J. Chrisman at jchrisman@cobilan.msstate.edu, to Jess H. Chua at chua@ucalgary.ca, and to Allison W. Pearson at allison.pearson@msstate.edu.
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  • Allison W. Pearson,

    Corresponding author
    1. Department of Management and Information Systems, Mississippi State University, Mississippi State, MS, USA
      Tim Barnett, tel.: (662) 325-2419; e-mail: tim.barnett@msstate.edu, to James J. Chrisman at jchrisman@cobilan.msstate.edu, to Jess H. Chua at chua@ucalgary.ca, and to Allison W. Pearson at allison.pearson@msstate.edu.
    Search for more papers by this author
  • Tim Barnett

    Corresponding author
    1. Department of Management and Information Systems, Mississippi State University, Mississippi State, MS, USA
      Tim Barnett, tel.: (662) 325-2419; e-mail: tim.barnett@msstate.edu, to James J. Chrisman at jchrisman@cobilan.msstate.edu, to Jess H. Chua at chua@ucalgary.ca, and to Allison W. Pearson at allison.pearson@msstate.edu.
    Search for more papers by this author

Tim Barnett, tel.: (662) 325-2419; e-mail: tim.barnett@msstate.edu, to James J. Chrisman at jchrisman@cobilan.msstate.edu, to Jess H. Chua at chua@ucalgary.ca, and to Allison W. Pearson at allison.pearson@msstate.edu.

Abstract

Using behavioral and stakeholder theories, we suggest that family firms may have family-centered non-economic goals and that these goals could influence firm behaviors. This study extends the literature by hypothesizing that the essence of family influence partially mediates the relationship between family involvement and family firms' adoption of family-centered non-economic goals. The results using 1,060 small firms support the hypotheses. Aside from contributing to family business theory by explaining and testing mediating variables as sources of goal heterogeneity among family firms, our findings also imply that the involvement and essence approaches to defining family businesses may be hierarchically reconciled.

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