The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Strategic Divestments in Family Firms: Role of Family Structure and Community Culture
Open accessAbstract
Timely acquisition and divestment of resources is essential for sustaining the competitive advantage and longevity of family firms. A combination of past successes, emotional attachments, and path dependencies can lead to extensive inertia toward divestment in these firms. This article develops a framework to understand the influence of community culture and family structure on divestment decisions in family firms. Propositions on the varying levels of inertia to divest—depending on the values held by the owning family and the culture prevailing in their community—are developed. Research and practical implications are discussed.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
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Tversky, A., & Kahneman, D. (1974) · Science · doi:10.1126/science.185.4157.1124 · Cited by 28,810
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Tversky, A., & Kahneman, D. (1975) · Utility, Probability, and Human Decision Making · doi:10.1007/978-94-010-1834-0_8 · Cited by 22,650
The cultural relativity of the quality of life concept
Hofstede, G. (1984) · The Academy of Management Review · doi:10.5465/amr.1984.4279653 · Cited by 1,257
Fading Memories: A Process Theory of Strategic Business Exit in Dynamic Environments
Burgelman, R. A. (1994) · Administrative Science Quarterly · doi:10.2307/2393493 · Cited by 1,018
Cited by
Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012) · Family Business Review · doi:10.1177/0894486511435355 · Cited by 2,724
Toward a Theory of Familiness: A Social Capital Perspective
Pearson, A. W., Carr, J. C., & Shaw, J. C. (2008) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2008.00265.x · Cited by 904
Zellweger, T. M., Kellermanns, F. W., Chrisman, J. J., & Chua, J. H. (2012) · Organization Science · doi:10.1287/orsc.1110.0665 · Cited by 832
Why Do Family Firms Strive for Nonfinancial Goals? An Organizational Identity Perspective
Zellweger, T. M., Nason, R. S., Nordqvist, M., & Brush, C. G. (2013) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2011.00466.x · Cited by 734
Should I stay or should I go? Career choice intentions of students with family business background
Zellweger, T., Sieger, P., & Halter, F. (2011) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2010.04.001 · Cited by 694
Metadata
- Authors
- Sharma, P., & Manikutty, S.
- Venue
- Entrepreneurship Theory and Practice
- Publisher
- SAGE Publications
- Published
- 2005-05
- Volume
- 29
- Issue
- 3
- Pages
- 293-311
- ISSN
- 1042-2587 (ISSN-L)
- 1540-6520
- OpenAlex
- W2023248152
- Cited by
- 423
- References
- 5
- FWCI
- 23.12
- Type
- journal article
- Language
- en
- Open access
- green
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