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- W2891900559 abstract "We contribute to the theoretical depiction of family firms’ reactions during a downturn by adopting the ability and willingness approach. Specifically, we suggest that the combination of the ability and the willingness to pursue family-centered noneconomic (FCNE) goals makes family firms less likely to engage in restructuring activities and more likely to engage in an escalation of commitment. Moreover, we further investigate the family firms’ heterogeneity and introduce the idea that the willingness of family firms to pursue FCNE goals may be influenced by the geographical context and the generational stage of the enterprising family." @default.
- W2891900559 created "2018-09-27" @default.
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- W2891900559 date "2018-09-06" @default.
- W2891900559 modified "2023-10-14" @default.
- W2891900559 title "Do We Really Want to Cut Out the Deadwood? Family-Centered Noneconomic Goals, Restructuring Aversion, and Escalation of Commitment" @default.
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- W2891900559 doi "https://doi.org/10.1007/978-3-319-77676-7_18" @default.
- W2891900559 hasPublicationYear "2018" @default.
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