Sources and Impacts of Beliefs and Values in Family Firms: Integrative Review and Empirical Evidence

Description

*Accepted for presentation but not presented* Objectives: Family firms are characterized by their unique emphasis on specific beliefs and values. However, despite increasing academic interest on this topic, the sources of these be-liefs are largely unstudied. Consequently, we aim to comprehensively examine the religious and secular sources of beliefs in family firms and their impact on the values at the business level. Prior Work: Our integrative literature review clearly indicates that beliefs and values are only examined in a one-sided manner. Identifying and tracing beliefs to their actual sources as well as the influence of these sources on the values in FFs remains a research gap. Approach: We conducted a qualitative-empirical study on the beliefs and values in family firms, primarily based on 21 semi-structured interviews with family firms from the DACH region and a media analysis. Results: Our paper extends the dichotomous view of beliefs and values into a religious and a secular sphere. We differentiate between secular family firms, separators, and integrators which demonstrate the ability to dialogue in the notion of a post-secular society. Implications and Value: This paper contributes by means of an interdisciplinary approach, providing a differentiated and comprehensive consideration of beliefs and values in family firms.

Period	19 Nov 2021
Event title	RENT 2021, Research in Entrepreneurship and Small Business
Event type	Conference
Location	AustriaShow on map