Defining family business efficacy: An exploratory study
Article
AL Kayid, W., Jin, Z., Priporas, C. and Ramakrishnan, S. 2022. Defining family business efficacy: An exploratory study. Journal of Business Research. 141, pp. 713-725. https://doi.org/10.1016/j.jbusres.2021.11.081
Type | Article |
---|---|
Title | Defining family business efficacy: An exploratory study |
Authors | AL Kayid, W., Jin, Z., Priporas, C. and Ramakrishnan, S. |
Abstract | In today’s competitive environment, the growth and survival of family firms depend significantly on the extent to which they can build, extend, or reconfigure organisational capabilities in response to changing environments. Family members’ belief in their unified efforts to organise and execute courses of action can be instrumental in addressing business and marketing challenges and goals. This study aims to conceptualise a novel Family Business Efficacy (FBE) construct that is posited as a distinct form of efficacy at the collective level in family firms. The research employs a qualitative inductive design to investigate FBE of family businesses in Saudi Arabia and the UK. The findings identify eight dimensions of FBE that reflect family members’ beliefs regarding collective abilities to produce desired marketing outcomes for the family business. This paper contributes a conceptualisation of FBE as the basis for scale measurement and further empirical assessment of FBE on firm marketing performance. |
Keywords | Marketing capabilities; Social cognitive theory; Family business; Self-efficacy; Collective efficacy; Family business efficacy |
Publisher | Elsevier |
Journal | Journal of Business Research |
ISSN | 0148-2963 |
Electronic | 1873-7978 |
Publication dates | |
Online | 04 Dec 2021 |
Mar 2022 | |
Publication process dates | |
Deposited | 11 Jan 2022 |
Accepted | 26 Nov 2021 |
Submitted | 23 May 2021 |
Output status | Published |
Accepted author manuscript | License |
Copyright Statement | © 2021. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Digital Object Identifier (DOI) | https://doi.org/10.1016/j.jbusres.2021.11.081 |
Web of Science identifier | WOS:000777653400028 |
Language | English |
https://repository.mdx.ac.uk/item/899y5
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