Early Release: March 2021 Issue of FBR

Prepared Exclusively for FFI Members

Early Release: March 2021 Issue of FBR

February 12, 2021

W

e are pleased to provide you with an advance look at the March 2021 issue of Family Business Review (FBR).

As an FFI member, you have access to the complete library of FBR articles at no charge.

To access back issues of FBR, follow these instructions:

Log in to your FFI member account
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EDITORIALS

The Centrality of Family
Donald O. Neubaum and G. Tyge Payne

Editorial coming soon

One clear lesson learned these past months is how the wellbeing of the economy, and society at large, are simultaneously dependent on the interwoven wellbeing of our family and business systems. The current crisis may be particularly impactful upon family businesses and, as such, the way scholars view the underlying assumption to family business research may require significant rethinking. The current context surely provides a myriad of research questions that can advance understanding of family businesses and how they navigate these uncertain times.

Donald O. Neubaum
Florida Atlantic University

G. Tyge Payne
Texas Tech University

The Psychological Foundations of Management in Family Firms: Values, Biases and Heuristics
Pasquale Massimo Picone, Alfredo De Massis, Yi Tang, and Ronald F. Piccolo

View Editorial

In this editorial, the authors “develop a conceptual framework for investigating how the values, biases, and heuristics of family and nonfamily members affect strategic decision-making and the outcomes of family firms.”

Pasquale Massimo Picone
University of Palermo

Alfredo De Massis
Free University of Bozen-Bolzano
Lancaster University
Zhejiang University

Yi Tang
University of Hong Kong

Ronald F. Piccolo
University of Central Florida

Pasquale Massimo Picone
University of Palermo

Alfredo De Massis
Free University of Bozen-Bolzano
Lancaster University
Zhejiang University

Yi Tang
University of Hong Kong

Ronald F. Piccolo
University of Central Florida

Articles

Psychological antecedents of decision comprehensiveness and their relationship to decision quality and performance in family firms: An upper echelons perspective
Jon C. Carr, James M. Vardaman, Laura E. Marler, Benjamin D. McLarty, Daniela Blettner

View Article

Research Questions

The primary purpose of this paper was to introduce the concept of decision comprehensiveness and its role within family firms, using a theoretical framing known as upper echelons theory (UET).
A secondary purpose was to explore how family firm owners have certain levels of risk-taking propensity and need for cognition that influences decision comprehensiveness. These different concepts are hypothesized as important predictors of decision quality and subjective family firm performance.
A third purpose was to test these hypothesized relationships using a sample of owner/managers of family firms.

Jon C. Carr
North Carolina State University

James M. Vardaman
Mississippi State University

Laura E. Marler
Mississippi State University

Benjamin D. McLarty
Mississippi State University

Daniela Blettner
Simon Fraser University

Back to the Roots: Applying the Concept of Individual Human Values to Understand Family Firm Behavior
Philipp Julian Ruf, Michael Andreas Graffius, Sven Wolff, Petra Moog, and Birgit Felden

View Article

Research Questions

What are the predominant basic human values of owner-managers in family firms?
How do the basic human values of owner-managers influence socioemotional wealth in family firms?

Philipp Julian Ruf
University of Siegen

Michael Andreas Graffius
Berlin School of Economics and Law

Sven Wolff
University of Siegen

Petra Moog
University of Siegen

Birgit Felden
Berlin School of Economics and Law

Founder-controlled family firms, overconfidence, and corporate social responsibility engagement: Evidence from survey data
Markus Dick, Eva Wagner, and Helmut Pernsteiner

View Article

Research Questions

Do founder-controlled family firms show the same level of corporate social responsibility (CSR) engagement as non-family firms?
How does managerial overconfidence affect CSR activities in founder-controlled family firms?
How do distinct reference points of families such as maintaining control and ensuring a positive reputation shape CSR engagements?

Markus Dick
Johannes Kepler University Linz

Eva Wagner
Johannes Kepler University Linz

Helmut Pernsteiner
Johannes Kepler University Linz

CEO Machiavellianism and strategic alliances in family firms
Jeffrey A. Chandler, Oleg V. Petrenko, Aaron D. Hill, and Nathan T. Hayes

View Article

Research Questions

How does the dark personality trait Machiavellianism in CEOs influence their organizations’ involvement in strategic alliances?
If the organization is family-owned, how does the owning family impact this relationship?

Jeffrey A. Chandler
University of North Texas

Oleg V. Petrenko
University of Arkansas

Aaron D. Hill
University of Florida

Nathan T. Hayes
Texas Tech University

Jeffrey A. Chandler
University of North Texas

Oleg V. Petrenko
University of Arkansas

Aaron D. Hill
University of Florida

Nathan T. Hayes
Texas Tech University

Previous Edition

FFI is committed to the education and advancement of future generations of family enterprise academics and advisors — a commitment that is highlighted in its ongoing collaboration the Schlesinger Global Family Enterprise Case Competition (FECC) at University of Vermont’s Grossman School of Business. This outstanding collaboration has been in place since 2013, and 2021 was no exception—all virtual, all well-organized—and, of course, featuring talented undergraduate and graduate students from around the world.

Here are some highlights.