The Adulthood of Family Business Research Through Inbound and Outbound Theorizing

Investors’ Reactions to CSR News in Family Versus Nonfamily Firms: A Study on Signal (In)credibility

“…Generally, our regression analyses reveal insignificant intercepts for both positive and negative CSR news (Table 2), which is in line with the previous findings of Capelle-Blancard and Petit (2019) and Fernandez-Izquierdo et al (2009). Moreover, our research findings contribute to the disentanglement of the stock market implications of CSR by showing that investors' reactions to such news substantially depend on factors that affect signal credibility (such as family firm status) or determine the signaling environment (i.e., the economic situation) and thus the signal fit (Jaskiewicz et al, 2020). As such, we inform and advance the current CSR debate by shifting it toward a discussion of contingency factors rather than a question of general directionality.…”

The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics

“…It is not merely a description of a phenomenon, but a discipline “interested in the unobservable mental processes underlying the behavior rather than the behavior itself” (Colman, 1999, p. 3). Therefore, psychology has the potential to align with the boundary-spanning nature of family business research (Holt et al, 2018; Jaskiewicz et al, 2020). Specifically, psychology research may allow family business scholars to extend and enrich current predictions about family firm behaviors (Gagné et al, 2014), and hence their heterogeneity vis-à-vis other firms and among family businesses.…”

Family Business Review in 2020: Focus on the Family

“…This third instalment is edited by Alfredo De Massis, Danny Holt, Peter Jaskiewicz, and Don Neubaum and covers some very important topics, including the work–family interface, conflict management, family science theories, and consumer perspectives of family business. Collectively, these four reviews demonstrate the maturity of the family business field and highlight the many opportunities family business scholars have for a “bidirectional exchange across fields” (Jaskiewicz et al, 2020, p. 14).…”