The DOI matches its Crossref record; 76 of the 76 references it cites were found in a registry or an index.
‘Types’ of private family firms: an exploratory conceptual and empirical analysis
Abstract
Family firms that can leverage entrepreneurial experience and knowledge can shape local economic development. Practitioners concerned with fostering enterprise sustainability need to be aware that family firms cite contrasting goals, resource profiles and requirements. Family firms are not a homogeneous entity. The ‘targeting’ of support to ‘types’ of family firms could enable practitioners to satisfy their wealth creation and social inclusion objectives. To stimulate increased critical reflection, insights from agency and stewardship theories were drawn upon to illustrate six conceptualized ‘types’ of private firms based on company ownership and management structures as well as company objectives. Cross-sectional survey evidence was gathered from key informants in family firms in the UK. An agglomerative hierarchical QUICK CLUSTER analysis identified seven empirical ‘types’ of family firms. Four out of the six conceptualized ‘types’ were validated by the exploratory empirical taxonomy. Implications for policy-makers and practitioners as well as researchers are discussed.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Agency Theory: An Assessment and Review
Eisenhardt, K. M. (1989) · The Academy of Management Review · doi:10.5465/amr.1989.4279003 · Cited by 13,338
Multivariate Data Analysis with Readings.
Rutherford, G. S. W., Hair, J. F., Anderson, R. E., & Tatham, R. L. (1988) · The Statistician · doi:10.2307/2348783 · Cited by 5,830
Toward a Stewardship Theory of Management
Davis, J. H., Schoorman, F. D., & Donaldson, L. (1997) · The Academy of Management Review · doi:10.2307/259223 · Cited by 5,316
Multivariate Data Analysis with Readings.
Jolliffe, I. T., Hair, J. F., Anderson, R. E., & Tatham, R. L. (1988) · Journal of the Royal Statistical Society. Series A (Statistics in Society) · doi:10.2307/2983017 · Cited by 5,077
Understanding the small business sector
(1995) · Long Range Planning · doi:10.1016/0024-6301(95)90953-2 · Cited by 4,190
Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns
Donaldson, L., & Davis, J. H. (1991) · Australian Journal of Management · doi:10.1177/031289629101600103 · Cited by 3,552
Defining the Family Business by Behavior
Chua, J. H., Chrisman, J. J., & Sharma, P. (1999) · Entrepreneurship Theory and Practice · doi:10.1177/104225879902300402 · Cited by 2,933
Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms
Sirmon, D. G., & Hitt, M. A. (2003) · Entrepreneurship Theory and Practice · doi:10.1111/1540-8520.t01-1-00013 · Cited by 2,518
CONDUCTING INTERORGANIZATIONAL RESEARCH USING KEY INFORMANTS.
KUMAR, N., STERN, L. W., & ANDERSON, J. C. (1993) · Academy of Management Journal · doi:10.2307/256824 · Cited by 2,467
Agency Relationships in Family Firms: Theory and Evidence
Schulze, W. S., Lubatkin, M. H., Dino, R. N., & Buchholtz, A. K. (2001) · Organization Science · doi:10.1287/orsc.12.2.99.10114 · Cited by 2,332
Cited by
Entrepreneurial families and family firms
Nordqvist, M., & Melin, L. (2010) · Entrepreneurship & Regional Development · doi:10.1080/08985621003726119 · Cited by 392
Family Firm Heterogeneity and Governance: A Configuration Approach
Nordqvist, M., Sharma, P., & Chirico, F. (2014) · Journal of Small Business Management · doi:10.1111/jsbm.12096 · Cited by 326
Metadata
- Authors
- Westhead, P., & Howorth, C.
- Venue
- Entrepreneurship & Regional Development
- Publisher
- Informa UK Limited
- Published
- 2007-09
- Volume
- 19
- Issue
- 5
- Pages
- 405-431
- ISSN
- 0898-5626 (ISSN-L)
- 1464-5114
- OpenAlex
- W2040158726
- Cited by
- 317
- References
- 76
- FWCI
- 13.46
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: ‘Types’ of private family firms: an exploratory conceptual and empirical analysis. https://app.cochat.ai/papers/10.1080/08985620701552405
- The paper
- Westhead, P., & Howorth, C. (2007). ‘Types’ of private family firms: an exploratory conceptual and empirical analysis. Entrepreneurship & Regional Development. https://doi.org/10.1080/08985620701552405
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
