Matches in SemOpenAlex for { <https://semopenalex.org/work/W4306928315> ?p ?o ?g. }
- W4306928315 endingPage "100534" @default.
- W4306928315 startingPage "100534" @default.
- W4306928315 abstract "The Covid-19 pandemic as a truly global crisis has shown the importance of firm resilience in times of crisis. Yet, so far, we lack an understanding of the role of firm ownership and management in building this resilience. Based on stewardship theory, we posit that family management and ownership help firms to navigate through a global crisis. To test our predictions, we analyze how Covid-related negative events affect the stock market reactions of 300 German listed firms and how family ownership and management moderate these effects. Our cross-sectional regression results show a positive effect of family management while no such effect was found for family ownership. We contribute to the research on family involvement and stewardship in crisis situations by showing that family ownership and management constitute distinct determinants of stewardship behavior and by bringing a context element into family business stewardship research that was missing so far in the literature. Practical implications exist for family firm’s top management employment policies and capital market communication in crisis situations." @default.
- W4306928315 created "2022-10-21" @default.
- W4306928315 creator A5001391074 @default.
- W4306928315 creator A5053684127 @default.
- W4306928315 date "2023-03-01" @default.
- W4306928315 modified "2023-10-17" @default.
- W4306928315 title "Are family owners and managers good stewards in global crises? Evidence from stock market reactions to Covid-19" @default.
- W4306928315 cites W1510679841 @default.
- W4306928315 cites W1593885540 @default.
- W4306928315 cites W1788464667 @default.
- W4306928315 cites W1823765967 @default.
- W4306928315 cites W1913555304 @default.
- W4306928315 cites W1914733439 @default.
- W4306928315 cites W1921676392 @default.
- W4306928315 cites W1927663298 @default.
- W4306928315 cites W1976719508 @default.
- W4306928315 cites W1980865251 @default.
- W4306928315 cites W1989552755 @default.
- W4306928315 cites W1995648238 @default.
- W4306928315 cites W1995834279 @default.
- W4306928315 cites W1999233418 @default.
- W4306928315 cites W2000837384 @default.
- W4306928315 cites W2006536795 @default.
- W4306928315 cites W2017972860 @default.
- W4306928315 cites W2023165551 @default.
- W4306928315 cites W2026769862 @default.
- W4306928315 cites W2027509437 @default.
- W4306928315 cites W2032937464 @default.
- W4306928315 cites W2033910434 @default.
- W4306928315 cites W2037620439 @default.
- W4306928315 cites W2044499836 @default.
- W4306928315 cites W2045427766 @default.
- W4306928315 cites W2055815625 @default.
- W4306928315 cites W2057767067 @default.
- W4306928315 cites W2059369273 @default.
- W4306928315 cites W2082232216 @default.
- W4306928315 cites W2088997823 @default.
- W4306928315 cites W2095185380 @default.
- W4306928315 cites W2098822720 @default.
- W4306928315 cites W2101718392 @default.
- W4306928315 cites W2102293937 @default.
- W4306928315 cites W2104514639 @default.
- W4306928315 cites W2105276238 @default.
- W4306928315 cites W2125233894 @default.
- W4306928315 cites W2126555709 @default.
- W4306928315 cites W2128507082 @default.
- W4306928315 cites W2129848538 @default.
- W4306928315 cites W2133166308 @default.
- W4306928315 cites W2136120210 @default.
- W4306928315 cites W2144523507 @default.
- W4306928315 cites W2145217876 @default.
- W4306928315 cites W2145776161 @default.
- W4306928315 cites W2146925828 @default.
- W4306928315 cites W2148782762 @default.
- W4306928315 cites W2153841955 @default.
- W4306928315 cites W2156561243 @default.
- W4306928315 cites W2168237201 @default.
- W4306928315 cites W2191864198 @default.
- W4306928315 cites W2315700839 @default.
- W4306928315 cites W2555734571 @default.
- W4306928315 cites W2623025617 @default.
- W4306928315 cites W2752617332 @default.
- W4306928315 cites W2753599402 @default.
- W4306928315 cites W2796283806 @default.
- W4306928315 cites W2938275919 @default.
- W4306928315 cites W2982243898 @default.
- W4306928315 cites W3019863461 @default.
- W4306928315 cites W3037138867 @default.
- W4306928315 cites W3086603088 @default.
- W4306928315 cites W3101682624 @default.
- W4306928315 cites W3121179614 @default.
- W4306928315 cites W3121354751 @default.
- W4306928315 cites W3121456093 @default.
- W4306928315 cites W3121529339 @default.
- W4306928315 cites W3122263577 @default.
- W4306928315 cites W3122516690 @default.
- W4306928315 cites W3123277505 @default.
- W4306928315 cites W3123562738 @default.
- W4306928315 cites W3123632416 @default.
- W4306928315 cites W3123806444 @default.
- W4306928315 cites W3124050777 @default.
- W4306928315 cites W3124138957 @default.
- W4306928315 cites W3124756548 @default.
- W4306928315 cites W3124859647 @default.
- W4306928315 cites W3125100392 @default.
- W4306928315 cites W3125266783 @default.
- W4306928315 cites W3125318459 @default.
- W4306928315 cites W3125406921 @default.
- W4306928315 cites W3125450108 @default.
- W4306928315 cites W3126038973 @default.
- W4306928315 cites W3170721777 @default.
- W4306928315 cites W3177162799 @default.
- W4306928315 cites W3180685465 @default.
- W4306928315 cites W4230348989 @default.
- W4306928315 cites W4235094751 @default.
- W4306928315 cites W4240316578 @default.
- W4306928315 cites W4252950974 @default.
- W4306928315 cites W4256195480 @default.