Recent studies have noted that traditional agency theory and risk attitudes differ when firms are small and have a family character. In this work, we provide new insights with respect to the effect that the family role and the different types of risk exert on diversification strategies. We provide a different view on the effect that the number of generations and having a family manager exert on diversification attitudes and we analyse the concept of family involvement for small family firms and the moderating role it has in the relationship between the different types of risk and diversification decisions. By using a behavioural model analysis and a set of fishing firms to test our hypotheses, our results corroborate the importance of famil...
This is an open access article distributed under the terms of the Creative Commons Attribution Licen...
Prior research shows that family firms are generally less likely to diversify, but it remains unclea...
The behavioral agency theory suggests that family firms present less risk than non-family firms to p...
Recent studies have noted that traditional agency theory and risk attitudes differ when firms are sm...
The behavioural agency theory was developed to provide a more comprehensive explanation and predicti...
As the most prominent form of business organisation, the family business has intertwining priorities...
Family involvement characterizes a large number of firms around the world and is thought to signific...
This study contributes to family business and corporate entrepreneurship literatures by investigati...
Building upon prospect theory’s concept of narrow-framing, we explore family firms’ risk preferences...
Your journal might consider broadening its coverage of family firms to include more articles that de...
This study proposes an original theoretical contribution on the risk behavior of family firms. Trad...
Strategic management is different in family firms. In these organizations, a family exercises signif...
Abstract: Family business is considered the backbone of most countries' economies. One aspect that a...
This paper explores the implications for decision-making processes in the small to medium sized fami...
Purpose – The theme of this paper is entrepreneurial risk taking. Specifically, the paper has twofol...
This is an open access article distributed under the terms of the Creative Commons Attribution Licen...
Prior research shows that family firms are generally less likely to diversify, but it remains unclea...
The behavioral agency theory suggests that family firms present less risk than non-family firms to p...
Recent studies have noted that traditional agency theory and risk attitudes differ when firms are sm...
The behavioural agency theory was developed to provide a more comprehensive explanation and predicti...
As the most prominent form of business organisation, the family business has intertwining priorities...
Family involvement characterizes a large number of firms around the world and is thought to signific...
This study contributes to family business and corporate entrepreneurship literatures by investigati...
Building upon prospect theory’s concept of narrow-framing, we explore family firms’ risk preferences...
Your journal might consider broadening its coverage of family firms to include more articles that de...
This study proposes an original theoretical contribution on the risk behavior of family firms. Trad...
Strategic management is different in family firms. In these organizations, a family exercises signif...
Abstract: Family business is considered the backbone of most countries' economies. One aspect that a...
This paper explores the implications for decision-making processes in the small to medium sized fami...
Purpose – The theme of this paper is entrepreneurial risk taking. Specifically, the paper has twofol...
This is an open access article distributed under the terms of the Creative Commons Attribution Licen...
Prior research shows that family firms are generally less likely to diversify, but it remains unclea...
The behavioral agency theory suggests that family firms present less risk than non-family firms to p...