The DOI matches its Crossref record; 103 of the 103 references it cites were found in a registry or an index.
Long–Term Orientation and Intertemporal Choice in Family Firms
Abstract
A long–term orientation (LTO) is often associated with family firms, but the LTO construct is underdeveloped. This paper sets forth a framework for studying LTO in family firms including developing three dimensions—futurity, continuity, and perseverance. It identifies LTO as a higher–order heuristic that, in matters of intertemporal choice, provides a dominant logic for decisions and actions. Intertemporal choice refers to decisions with payoffs or outcomes that play out over time. Three mechanisms affecting intertemporal choices are identified—representation, self–control, and anticipation. LTO and intertemporal choice are further examined and discussed in the context of family firms.
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Cites
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Cited by
Innovation in family firms: A systematic literature review and guidance for future research
Calabrò, A., Vecchiarini, M., Gast, J., Campopiano, G., De Massis, A., & Kraus, S. (2019) · International Journal of Management Reviews · doi:10.1111/ijmr.12192 · Cited by 495
Achieving supply chain resilience: the role of supply chain ambidexterity and supply chain agility
Aslam, H., Khan, A. Q., Rashid, K., & Rehman, S.-U. (2020) · Journal of Manufacturing Technology Management · doi:10.1108/jmtm-07-2019-0263 · Cited by 284
Metadata
- Authors
- Lumpkin, G. T., & Brigham, K. H.
- Venue
- Entrepreneurship Theory and Practice
- Publisher
- SAGE Publications
- Published
- 2011-11
- Volume
- 35
- Issue
- 6
- Pages
- 1149-1169
- ISSN
- 1042-2587 (ISSN-L)
- 1540-6520
- OpenAlex
- W2052385757
- Cited by
- 628
- References
- 103
- FWCI
- 32.35
- Type
- journal article
- Language
- en
- Open access
- closed
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