A farewell to the business: Championing exit and continuity in entrepreneurial family firms

By Carlo Salvato, Pramodita Sharma. 2010

260 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/e6f9154f546607046c8f8d4158322a4fb07f6f23

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Citations in the corpus

Exogenous shocks and the adaptive capacity of family firms: exploring behavioral changes and digital technologies in the COVID‐19 pandemic (2021, background): “R&D Management 51, 4, 2021 367 and their desire for continuity (Salvato et al., 2010; Chrisman et al., 2015b) indicate that family firms might maintain a strong need to develop adaptive capacity, particularly during crises (Stafford et al., 2013; Haynes et al., 2019).”
What do we really mean when we talk about ‘exit’? A critical review of research on entrepreneurial exit (2014, unknown): “Founder succession may be planned in advance (Salvato et al., 2010) or it may be forced by outside influences (for example, loss of control from equity funding, or the presence of powerful lenders who might take control of firm in times of financial distress) (Wennberg et al.”
Knowledge Internalization and Product Development in Family Firms: When Relational and Affective Factors Matter (2016, background): “It is likely that when these conflicts exist, some PD projects may be led by one (or two) skilled family member(s), probably together with some external non-family executives (Salvato et al., 2010).”
Commentary: Exploiting and Exploring New Opportunities over Life Cycle Stages of Family Firms (2011, background): “Toward this end, a seamless interaction between the controlling family and nonfamily professionals has been revealed in large, long-lived Argentinean, German, and Italian dynastic family firms (Bergfeld & Weber, 2011; Hatum & Pettigrew, 2004; Salvato et al., 2010).”
Owner‐Management, Firm Age, and Productivity in Italian Family Firms (2014, background): “Even if a number of previous studies have indicated that family firms also face challenges to keep the long term positive relationship between family social capital, dynamic capabilities, and value creation (Salvato et al., 2010), other authors suggest”
The role of information asymmetry in the choice of entrepreneurial exit routes (2014, background): “It subsequently increases the reluctance to pass the business to a family outsider (Salvato et al., 2010; Sharma andManikutty, 2005) because over a long period of ownership, the identity of incumbent owners often becomes inextricably intertwined with that of their firms (Berrone et al., 2010; Cruz…”
Family firms: A research agenda and publication guide (2011, background): “firm (Niedermeyer et al., 2010; Shepherd, 2003, 2009; Slavato et al., 2010) and its implications for whether recovery from the grieving process leads to a willingness to try again or not can be enlightening.”
Portfolio Entrepreneurship in Family Firms: A Resource-based Perspective (2011, background): “…in 2005, and there has been an increasing stream of research output on family fi rms’ entrepreneurial behavior in recent years (e.g., Nordqvist, Habbershon, and Melin, 2008; Nordqvist and Zellweger 2010; Plate et al., 2010; Salvato, Chirico, and Sharma, 2010; Zellweger and Sieger, forthcoming).”
Dynamic capabilities and trans-generational value creation in family firms: The role of organizational culture (2010, background): “Strong feelings and emotions may shape and limit family members’ innovative initiatives and directly or indirectly restrict their choices so as to cause inertia (Salvato et al., 2010).”
Resource orchestration in family firms: investigating how entrepreneurial orientation, generational involvement, and participative strategy affect performance (2011, background): “…and prospects for future generations leads family fi rms to avoid risk (Naldi et al., 2007), delay or prevent change (Chirico and Nordqvist, 2010; Salvato, Chirico, and Sharma, 2010), follow conservative strategies (Chirico et al., forthcoming; Martin and Lumpkin, 2003; Miller, Steier, and Le…”