If we can't have it, then no one should : Shutting down versus selling in family business portfolios
| Data(s) |
2016
|
|---|---|
| Resumo |
How does a business family manage its business portfolio in times of declining performance to sustain the portfolio's long-term endurance? Drawing on social identity theory and six family business portfolios from Pakistan, we find that business families may prefer to shut down a satellite business rather than sell it, which is primarily driven by identity considerations. In addition, the family's goal to recycle the assets, the aim to restart the business later, and the increasing decline in performance are important contingency factors. This study contributes to the literature on portfolio entrepreneurship, business exit, and the enduring entrepreneurship of family firms. <p>Special Issue: Enduring Entrepreneurship</p> |
| Formato |
application/pdf |
| Identificador |
http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-32153 doi:10.1002/sej.1237 Local IHHCeFEOIS |
| Idioma(s) |
eng |
| Publicador |
Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Center for Family Enterprise and Ownership (CeFEO) Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Center for Family Enterprise and Ownership (CeFEO) Strategies and Markets Department, ESSCA School of Management, Angers, France Department of Management and Entrepreneurship, University of Bern, Bern, Switzerland EGADE Business School, Tecnológico de Monterrey, Monterrey, Mexico |
| Relação |
Strategic Entrepreneurship Journal, 1932-4391, 2016, 10:4, s. 371-394 |
| Direitos |
info:eu-repo/semantics/openAccess |
| Palavras-Chave | #portfolio entrepreneurship; business exit; family business; social identity theory; business decline |
| Tipo |
Article in journal info:eu-repo/semantics/article text |
