Family Firm Heterogeneity: A Definition, Common Themes, Scholarly Progress, and Directions Forward

By Joshua J. Daspit, James J. Chrisman, Triss Ashton, Nicholas E. Evangelopoulos. Family Business Review, 2021

281 citations recorded by the source corpus.

While progress has been made in recent years to understand the differences among family firms, insights remain fragmented due, in part, to an incomplete understanding of heterogeneity and the scope of differences that exist among family firms. Given this, we offer a definition of and review the literature on family firm heterogeneity. A latent semantic analysis of 781 articles from 33 journals identified nine common themes of family firm heterogeneity. For each theme, we review scholarly progress made and highlight differences among family firms. Additionally, we offer directions for advancing the study of family firm heterogeneity.

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

View Paper: https://www.semanticscholar.org/paper/e7d378fb316ae81ee8cee6a4f6a034362469be46