The effect of nonfamily managers on decision-making quality in family firm TMTs: The role of intra-TMT power asymmetries

Vandekerkhof, Pieter; Steijvers, Tensie; Hendriks, Walter; Voordeckers, Wim

doi:10.1016/j.jfbs.2019.01.002

Cited by 41 publications

(28 citation statements)

References 67 publications

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“…Specifically, our results show that the innovation demandpull impulse can significantly reduce the negative effect of family involvement in the TMT on the propensity to invest in innovation. This result may have important implications considering that: 1) the TMT is considered the most adept at defining and influencing strategic decisions; and 2) in family businesses, when family members are involved in the TMT, the FTMT decision-making process is the result of a complex dynamic of interacting and balancing the interests of the family component of the TMT with the non-family component (e.g., Binacci, Peruffo, Oriani, & Minichilli, 2016;Vandekerkhof, Steijvers, Hendriks, & Voordeckers, 2019).…”

Section: Implications Limitations and Future Researchmentioning

confidence: 99%

How does family management affect innovation investment propensity? The key role of innovation impulses

Migliori

Massis

Maturo

et al. 2020

Journal of Business Research

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We investigate the relationship between family management and innovation investment propensity in family firms through analyzing the effect of two innovation impulses: demandpull and technology-push. Extending the technology-push/demand-pull framework to the context of family firms, and adopting a direct measure of firms' innovation investment propensity, we test our hypotheses on a sample of 1,093 Italian small and medium-sized family firms. Our results show that both the demand-pull and technology-push innovation impulses moderate the relationship between family management and the firms' propensity to invest in innovation, reducing the negative effect exerted by family management on family firms' innovation investment propensity. Moreover, our evidence shows that family firms' innovation investments are more sensitive to the demand-pull than the technology-push impulse. Overall, our findings suggest to practitioners and policymakers that family firm innovation impulses are important contingencies that need to be taken into account when making innovation investment decisions.

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Section: Implications Limitations and Future Researchmentioning

confidence: 99%

How does family management affect innovation investment propensity? The key role of innovation impulses

Migliori

Massis

Maturo

et al. 2020

Journal of Business Research

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“…Many studies have examined the impact of leader’s power on organizational decision-making and performance (e.g., Li and Jones, 2019 ; Vandekerkhof et al, 2019 ; Altunbaş et al, 2020 ; Tang et al, 2020 ). However, neither the corporate governance nor the organizational innovation literatures specially outline whether and how leader’s power influences enterprise innovation ( Garms and Engelen, 2019 ; Ke and Li, 2020 ).…”

Section: Introductionmentioning

confidence: 99%

The Impact of Chair–Team Sociodemographic Dissimilarity on the Relation Between Chair Power and Entrepreneurial Ventures’ R&D Intensity: Evidence From China

Zheng

Dai

et al. 2021

Front. Psychol.

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Contemplating the actual leaders of entrepreneurial firms and socio demographic dissimilarity between leaders and their teams, this study adopts panel data on the entrepreneurial firms of the China’s Growth Enterprise Market and empirically examines the influence of chair power on research and development (R&D) intensity of entrepreneurial firms from the perspective of social identity. The results indicate that chair power positively affects entrepreneurial firms’ R&D intensity. The chair–team sociodemographic dissimilarity moderates the relationship in such a way that chair power is negatively related to entrepreneurial firms’ R&D intensity only when chair–team sociodemographic dissimilarity is high. The execution of robustness checks authenticates the veracity of the empirical results.

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“…Due to the unavailable public registry of employees, we had to use convenience sampling, which is a common method in such a situation (Vandekerkhof et al , 2019). That is why we tried to collect data from a large and divergent sample since this would minimize the risk of sample bias.…”

Section: Methodsmentioning

confidence: 99%

Innovative work behavior in SMEs: the role of transformational leadership

Knezović

Drkić

2020

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PurposeThe purpose of this paper is to investigate the determinants of innovative work behavior (IWB) by examining the moderating role of transformational leadership in the context of small and medium enterprises (SMEs).Design/methodology/approachThe study surveyed 371 employees from SMEs in Bosnia and Herzegovina by adopting convenience sampling. Hierarchical regression was used to test the hypotheses.FindingsThe findings supported the authors’ assumptions that IWB determinants such as psychological empowerment, participation in the decision-making process and organizational justice are positively related to IWB. Besides, transformational leadership moderates the relationship between organizational justice and IWB.Research limitations/implicationsThe data for this study was collected by using convenience sampling as well as a cross-sectional survey method, which limits the generalization of results.Practical implicationsTo spur the IWB among the employees in SMEs, an organization has to create an environment where psychological empowerment is high, employees have a chance to participate in the decision-making process and organizational rules and procedures are fair. In the case of organizational justice, the relationship shall be stronger if transformational leadership is present.Originality/valueIn SMEs, transformational leadership plays an important role. To the best of the authors' knowledge, this is the first study that demonstrates the moderating effect of transformational leadership on the relationship between one specific IWB determinant and IWB.

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The effect of nonfamily managers on decision-making quality in family firm TMTs: The role of intra-TMT power asymmetries

Cited by 41 publications

References 67 publications

How does family management affect innovation investment propensity? The key role of innovation impulses

How does family management affect innovation investment propensity? The key role of innovation impulses

The Impact of Chair–Team Sociodemographic Dissimilarity on the Relation Between Chair Power and Entrepreneurial Ventures’ R&D Intensity: Evidence From China

Innovative work behavior in SMEs: the role of transformational leadership

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