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Risk Behavior of Family Firms: A Literature Review, Framework, and Research Agenda
16 references·7 citing·36 second hop
Risk Behavior of Family Firms: A Literature Review, Framework, and Research Agenda (2018)Risk Behavior of Family Firms: A Literatu…Strategic Management Journal (2016)Strategic Management JournalDimensionalizing Cultures: The Hofstede Model in Context (2011)Dimensionalizing Cultures: Th…Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills (2007)Socioemotional Wealth and Bus…Towards a Methodology for Developing Evidence‐Informed Management Knowledge by Means of Systematic Review (2003)Towards a Methodology for Dev…Corporate Ownership Around the World (1999)Corporate Ownership Around th…Management entrenchment (1989)Management entrenchmentProspect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Managerial Perspectives on Risk and Risk Taking (1987)Managerial Perspectives on Ri…Upper Echelons: The Organization as a Reflection of Its Top Managers (1984)Upper Echelons: The Organizat…Upper Echelons: The Organization as a Reflection of Its Top Managers (1984)Upper Echelons: The Organizat…Separation of Ownership and Control (1983)Separation of Ownership and C…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…Portfolio Selection: Efficient Diversification of Investments (1959)Portfolio Selection: Efficien…Auditing in family firms: Past trends and future research directions (2024)Auditing in family firms: Pas…CEO personal characteristics and firms’ risk-taking behaviour: the moderating role of family ownership (2023)CEO personal characteristics …A multi-layer organizational culture framework for enhancing the financial performance in tourism and hospitality family firms (2022)A multi-layer organizational …Same same, but different: capital structures in single family offices compared with private equity firms (2021)Same same, but different: cap…Board diversity and risk-taking of family firms: Evidence from China (2021)Board diversity and risk-taki…Risk taking behavior in Chilean listed family firms: a socioemotional wealth approach (2020)Risk taking behavior in Chile…Does family ownership always reduce default risk? (2020)Does family ownership always …The social psychology of organizing (1969)The Social Psychology of Organizations. (1979)Market Orientation: The Construct, Research Propositions, and Managerial Implications (1990)Market Orientation: Antecedents and Consequences (1993)Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts (1997)American Economic Review (2019)Risk, Ambiguity, and the Savage Axioms (1961)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Primary, Secondary, and Meta-Analysis of Research (1976)The New production of knowledge: the dynamics of science and research in contemporary societies (1995)Re-Thinking Science: Knowledge and the Public in an Age of Uncertainty (2003)Bibliometric Methods in Management and Organization (2014)Literature review as a research methodology: An overview and guidelines (2019)How to conduct a bibliometric analysis: An overview and guidelines (2021)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Dynamic capabilities and strategic management (1997)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)A Survey of Corporate Governance (1997)Law and Finance (1998)Investor protection and corporate governance (2000)The separation of ownership and control in East Asian Corporations (2000)Earnings management and investor protection: an international comparison (2003)Common risk factors in the returns on stocks and bonds (1993)Advances in prospect theory: Cumulative representation of uncertainty (1992)Sensemaking and sensegiving in strategic change initiation (1991)Defining the Family Business by Behavior (1999)A Multi‐Dimensional Framework of Organizational Innovation: A Systematic Review of the Literature (2009)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 2003Towards a Methodology for Developing Evidence‐Informed Management Knowledge by Means of Systematic Review15,354 cited
  • 1999Corporate Ownership Around the World10,565 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1984Upper Echelons: The Organization as a Reflection of Its Top Managers10,217 cited
  • 1984Upper Echelons: The Organization as a Reflection of Its Top Managers9,088 cited
  • 2011Dimensionalizing Cultures: The Hofstede Model in Context7,241 cited
  • 1959Portfolio Selection: Efficient Diversification of Investments5,535 cited
  • 2007Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills4,400 cited
  • 1987Managerial Perspectives on Risk and Risk Taking3,198 cited
  • 2016Strategic Management Journal

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3,057 cited
  • 1989Management entrenchment2,155 cited
  • Cited by

    • 2020Risk taking behavior in Chilean listed family firms: a socioemotional wealth approach41 cited
    • 2023CEO personal characteristics and firms’ risk-taking behaviour: the moderating role of family ownership33 cited
    • 2022A multi-layer organizational culture framework for enhancing the financial performance in tourism and hospitality family firms33 cited
    • 2021Same same, but different: capital structures in single family offices compared with private equity firms31 cited
    • 2020Does family ownership always reduce default risk?29 cited
    • 2024Auditing in family firms: Past trends and future research directions28 cited
    • 2021Board diversity and risk-taking of family firms: Evidence from China27 cited