Tracking family businesses and their owners over time: Panel attrition, manager departure and business demise

Journal of Business Venturing

Volumn 19, Issue 4, 2004, Pages 535-559

  Winter, Mary ^a   Danes, Sharon M ^b   Koh, Sun Kang ^a   Fredericks, Kelly ^a   Paul, Jennifer J ^a  

^a IOWA STATE UNIVERSITY   (United States)

^b UNIVERSITY OF MINNESOTA   (United States)

Author keywords

Business demise; Business owners; Family businesses; Manager departure; Panel attrition

Indexed keywords

EID: 2342587520     PISSN: 08839026     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0883-9026(03)00061-2     Document Type: Article

References (89)

1. Aldrich H.E. Zimmer C. Entrepreneurship through social networks. In: Sexton D. Smilor R. (Eds.), The Art and Science of Entrepreneurship 1986 3-23 Ballinger New York
2. Astrachan J.H. Kolenko T.A. A neglected factor explaining family business success: human resource practices Fam. Bus. Rev. 7 3 1994 251-262
3. Barach J. Gantisky J. Successful succession in family business Fam. Bus. Rev. 8 2 1995 131-155
4. Barnes L. Hershon S. Transferring power in the family business Harv. Bus. Rev. 54 4 1976 105-116
5. Bates T. Entrepreneurial human capital inputs and small business longevity Rev. Econ. Stat. 72 4 1990 551-559
6. Bates T. Self-employment entry across industry groups J. Bus. Venturing 10 3 1995 143-156
7. Bates T. Nucci A. An analysis of small business size and rate of discontinuance J. Small Bus. Manage. 27 4 1989 1-7
8. Beckhard R. Dyer W. Managing continuity in the family-owned business Organ. Dyn. 12 1 1983 5-12
9. Blau D.M. A timeseries analysis of self employment in the United States J. Polit. Econ. 95 3 1987 445-467
10. Boden R. Nucci A. On the survival prospects of men's and women's new business ventures J. Bus. Venturing 15 4 2000 347-362
11. Boruch R.F. Pearson R.W. Assessing the quality of longitudinal surveys Eval. Rev. 12 1 1988 3-58
12. Bowman-Upton N. Tradition planning and business succession for women entrepreneurs. In: Hagen O. Rivchun C. Sexton D. (Eds.), Women-Owned Businesses 1989 151-182 Praeger New York
13. Branden, L., Gritz, R.M., Pergamit, M.R., 1995. The effect of interview length on attrition in the National Longitudinal Survey on Youth. NLS Discussion Paper 95-28. Bureau of Labor Statistics, Washington, DC.
14. Brokaw L. Why family businesses are best. In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 19-23 Business Resources Marietta, GA
15. Carter N. Williams M. Reynolds P. Discontinuance among new firms in retail: the influence of initial resources, strategy, and gender J. Bus. Venturing 12 2 1997 125-145
16. Churchhill N.C. Hatten K.J. Non-market based transfers of wealth and power: a research framework for family business Fam. Bus. Rev. 10 1 1987 53-67
17. Cliff, J., 1997. The mystery of small business performance: means, motives, methods, and opportunities. Paper presented at the Entrepreneurship Division of the Academy of Management, Boston, MA.
18. Cooper A.C. Artz K.W. Determinants of satisfaction for entrepreneurs J. Bus. Venturing 10 6 1995 439-457
19. Cooper A.C. Woo C.Y. Dunkelberg W.C. Entrepreneurs' perceived chances for success J. Bus. Venturing 3 2 1988 97-108
20. Covin T.J. Perceptions of family-owned firms: the impact of gender and educational level J. Small Bus. Manage. 33 3 1994 29-39
21. Cox E.S. The family as a foundation of our free society: strengths and opportunities. In: Heck R.K.Z. (Ed.), The Entrepreneurial Family 1998 8-15 Family Business Resources Needham, MA
22. Cramton C.D. Is rugged individualism the whole story? Public and private accounts of a firm's founding Fam. Bus. Rev. 6 3 1993 233-261
23. Danes S.M. Zuiker V.S. Kean R. Arbuthnot J. Predictors of family business tensions and goal achievement Fam. Bus. Rev. 12 3 1999 241-252
24. Davidsson P. Continued entrepreneurship: ability, need, and opportunity as determinants of small firm growth J. Bus. Venturing 6 6 1991 405-429
25. Davis P. Stern D. Adaptation, survival, and growth of the family business: an integrated systems perspective. In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 278-289 Business Resources Marietta, GA
26. Davis J.A. Tagiuri R. Bivalent Attributes of the Family Firm 1989 Owner Managed Business Institute Santa Barbara, CA
27. Davis-Brown K. Salamon S. Farm families in crisis: an application of stress theory to farm family research Fam. Relat. 36 4 1987 368-373
28. DeMaris A. A tutorial in logistic regression J. Marriage Fam. 57 4 1995 956-968
29. Devine T. Characteristics of self-employed women in the United States Mon. Lab. Rev. 117 3 1994 20-34
30. Donnelley R.G. The family business. In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 4-18 Business Resources Marietta, GA
31. Dumas C. Understanding of father-daughter and father-son dyads in family owned business Fam. Bus. Rev. 2 1 1989 31-46
32. Dumas C. Dupuis J. Richer F. St-Cyr L. Factors that influence the next generation's decision to take over the family firm Fam. Bus. Rev. 8 2 1995 99-120
33. Duncan G. Using panel studies to understand household behavior and well-being. In: Rose D. (Ed.), Researching Social and Economic Change: The Use of Household Panel Studies 2000 54-75 Routledge London
34. Dyer Jr. W.G. Culture and continuity in family firms. In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 212-221 Business Resources Marietta, GA
35. Evans D.S. Leighton L.S. Some empirical aspects of entrepreneurship Am. Econ. Rev. 79 3 1989 519-535
36. Fiegener M. Brown B. Prince R. File K. A comparison of successor development in family and nonfamily businesses Fam. Bus. Rev. 7 4 1994 313-329
37. File K.M. Prince R.A. Attributions for family business failure Fam. Bus. Rev. 9 2 1996 171-184
38. Fischer E. Sex differences and small-business performance among Canadian retailers and service providers J. Small Bus. Entrep. 9 4 1992 2-13
39. Fitzgerald J. Gottschalk P. Moffitt R. An analysis of sample attrition in panel data: the Michigan Panel Study of Income Dynamics J. Hum. Resour. 33 2 1998 251-299
40. Foley S. Powell G. Reconceptualizing work-family conflict for business/marriage partners: a theoretical model J. Small Bus. Manage. 35 4 1997 36-47
41. Friedman S. Sibling relationships and intergenerational succession in family firms Fam. Bus. Rev. 4 1 1991 3-20
42. Gatewood E.J. Shaver K.G. Gartner W.B. A longitudinal study of cognitive factors influencing start-up behaviors and success at venture creation J. Bus. Venturing 10 5 1995 371-391
43. Goldberg S.D. Noren Discount Stores: death of a family business Fam. Bus. Rev. 10 1 1997 69-93
44. Gundry L.K. Welsch H.P. Differences in familial influence among women-owned businesses Fam. Bus. Rev. 7 3 1994 273-286
45. Handler W. Succession in family firms: a mutual role adjustment between entrepreneurs and next generation family members Entrep. Theory Pract. 15 1 1990 37-51
46. Harvey M. Evans R. The impact of timing and mode of entry on successor development and successful succession Fam. Bus. Rev. 7 3 1994 221-236
47. Haswell S. Holmes S. Estimating the small business failure rate: a reappraisal J. Small Bus. Manage. 27 3 1989 68-74
48. Heck R.K.Z. Stafford K. The vital institution of family business: economic benefits hidden in plain sight. In: McCann G.K. Upton N. (Eds.), Destroying Myths and Creating Value in Family Business 2001 9-17 Stetson University Deland, FL
49. Heck R.K.Z. Trent E. The prevalence of family business from a household sample Fam. Bus. Rev. 11 3 1999 209-224
50. Hollander B.S. Elman N.S. Family-owned businesses: an emerging field of inquiry Fam. Bus. Rev. 1 2 1988 145-164
51. Hubler T.M. Family business consultants as leaders Fam. Bus. Rev. 11 3 1998 187-192
52. Ibrahim A.B. Ellis W.H. Family Business Management: Concepts and Practice 1994 Kendall/Hunt Dubuque, IA
53. International Family Business Program Business Association Task Force Family business as a field of study Fam. Bus. Annu. I Section 1 1995 1-8
54. Kalleberg A.L. Leicht K.T. Gender and organizational performance: determinants of small business survival and success Acad. Manage. J. 34 1 1991 136-161
55. Kepner E. The family and the firm: a coevolutionary perspective Fam. Bus. Rev. 4 4 1991 445-461
56. Kets De Vries M. Family Business: Human Dilemmas in the Family Firm 1996 International Thomson Business Press London
57. Lansberg I. Astrachan J. Influence of family relationships on succession planning and training: the importance of mediating factors Fam. Bus. Rev. 7 1 1994 39-59
58. Loscocco K.A. Leicht K.T. Gender, work-family linkages, and economic success among small business owners J. Marriage Fam. 55 4 1993 875-887
59. Lumpkin G.T. Dess G.G. Clarifying the entrepreneurial orientation construct and linking it to performance Acad. Manage. Rev. 21 1 1996 135-172
60. Malone S. Selected correlates of business continuity planning in the family business Fam. Bus. Rev. 2 4 1989 341-353
61. Mass Mutual Family Business: 1993 Research Findings 1995 Mass Mutual Springfield, MA
62. Morris M.H. Williams R.O. Allen J.A. Avila R.A. Correlates of success in family business transitions J. Bus. Venturing 12 5 1997 385-401
63. Olson, P.D., 1999. Predictors of self-sufficiency for entrepreneurial families. Unpublished doctoral dissertation, Ohio State University, Ohio.
64. Olson P.D. Fox J. Stafford K. Are women who own their own home-based businesses installing their own glass ceilings? In: Hanna S. (Ed.), Family Economics and Resource Management Biennial Proceedings of the Family Economics and Resource Management Division of the American Association of Family and Consumer Sciences 1995 163-169 American Association of Family and Consumer Sciences Alexandria, VA
65. Poza E. Managerial practices that support interpreneurship and continued growth. In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 290-303 Business Resources Marietta, GA
66. Robinson P. Sexton E. The effect of education and experience on self-employment success J. Bus. Venturing 9 2 1994 141-156
67. Rosenblatt P.C. de Mik L. Anderson R.M. Johnson P.A. The Family in Business: Understanding and Dealing with the Challenges Entrepreneurial Families Face 1985 Jossey-Bass San Francisco
68. Salamon S. Prairie Patrimony: Family, Farming, and Community in the Midwest 1992 University of North Carolina Press Chapel Hill
69. Seymour K. Intergenerational relationships in the family firm: the effect on leadership succession Fam. Bus. Rev. 6 3 1993 263-281
70. Shankar M.C. Astrachan J.H. Myths and realities: family businesses' contribution to the US economy-a framework for assessing family business statistics Fam. Bus. Rev. 9 2 1996 107-123
71. Sharfman M.P. Dean J.W. Conceptualizing and measuring the organizational environment: a multidimensional approach J. Manage. 17 4 1991 681-700
72. Siegel R. Siegel E. Macmillan I.C. Characteristics distinguishing high-growth ventures J. Bus. Venturing 8 2 1993 169-180
73. Sonnenfeld J. Spence P. The parting patriarch of a family firm Fam. Bus. Rev. 2 4 1989 355-375
74. Sorenson R.L. Planning for family and financial success in family businesses Fam. Bus. Rev. 13 2 2000 133-145
75. Stafford K. Duncan K.A. Danes S. Winter M. A research model of sustainable family businesses Fam. Bus. Rev. 12 3 1999 197-208
76. Stearns T. Carter N. Reynolds P. Williams M. New firm survival: industry, strategy, and location J. Bus. Venturing 10 1 1995 23-42
77. U.S. Department of Commerce Increase in At-Home Workers Reverses Earlier Trend, Census Brief (March) 1998 Bureau of the Census, Economics and Statistics Administration Washington, DC
78. U.S. Small Business Administration Small Business-Frequently Asked Questions 2001 Office of Advocacy Washington, DC
79. Ward J.L. Keeping the Family Business Healthy: How to Plan for Continuing Growth, Profitability, and Family Leadership 1997 Business Owners Resources Marietta, GA
80. Ward J.L. Aronoff C.E. Trust gives you the advantage: can we expend our thinking. In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 24-25 Business Resources Marietta, GA
81. Watson W.E. Ponthieu L.D. Critelli J.W. Team interpersonal process effectiveness in venture partnerships and its connection to perceived success J. Bus. Venturing 10 5 1995 393-411
82. Welsch J. The impact of family ownership and involvement on the process of management succession Fam. Bus. Rev. 6 1 1993 31-54
83. Whiteside M.F. How Families Work Together 1993 Business Owner Resources Marietta, GA
84. Whiteside M. Herz Brown F. Drawbacks of a dual system approach to family firms: can we expand our thinking? In: Aronoff C.E. Astrachan J.H. Ward J.L. (Eds.), Family and Business Sourcebook II 1996 34-43 Business Resources Marietta, GA
85. Whyley C. Risky Business: The Personal and Financial Costs of Small Business Failure 1998 Policy Studies Institute London
86. Winkels J.W. Withers S.D. Panel attrition. In: Rose D. (Ed.), Researching Social and Economic Change: The Use of Household Panel Studies 2000 79-95 Routledge London
87. Winter M. Fitzgerald M. Continuing the family owned homebased business: evidence from a panel study Fam. Bus. Rev. 6 4 1993 417-426
88. Winter M. Fitzgerald M.A. Heck R.K.Z. Haynes G.W. Danes S.M. Revisiting the study of family businesses: methodological challenges, dilemmas, and alternative approaches Fam. Bus. Rev. 11 3 1998 239-252
89. Wortman Jr. M.S. Theoretical foundations for family owned business: a conceptual and research based paradigm Fam. Bus. Rev. 7 1 1994 3-27