Filling the institutional void: The social behavior and performance of family vs non-Family technology firms in emerging markets

Journal of International Business Studies

Volumn 40, Issue 5, 2009, Pages 802-817

  Miller, Danny ^a   Lee, Jangwoo ^b   Chang, Sooduck ^c   Le Breton Miller, Isabelle ^a  

^a UNIVERSITY OF ALBERTA   (Canada)

^b Kyungpook National University   (South Korea)

^c Hannam University   (South Korea)

Author keywords

Emerging markets; Family firms; Human resource management (HRM); Institutional gaps; Inter organizational relationships; Social capital

Indexed keywords

EID: 67650917071     PISSN: 00472506     EISSN: 14786990     Source Type: Journal    
DOI: 10.1057/jibs.2009.11     Document Type: Article

References (68)

1. Adler, P. S., & Kwon, S. W. 2002. Social capital: Prospects for a new concept. Academy of Management Review, 27(1): 17-40.
2. Allouche, J., & Amann, B. 1997. Le retour du capitalisme familial. L'expansion: Management Review, 85(1): 92-99.
3. Anderson, R. C., & Reeb, D. 2003. Founding-family ownership and firm performance: Evidence from the S&P 500. Journal of Finance, 58(3): 1301-1328.
4. Arregle, J. L., Hitt, M., Sirmon, D., & Very, P. 2007. The development of organizational social capital: Attributes of family firms. Journal of Management Studies, 44(1): 73-95.
5. Barney, J. B., & Hansen, M. H. 1994. Trustworthiness as a source of competitive advantage. Strategic Management Journal, 15(Winter Special Issue): 175-190.
6. Beehr, T., Drexler, J., & Faulkner, S. 1997. Working in small family businesses: Empirical comparisons to non-family businesses. Journal of Organizational Behavior, 18(3): 297-312.
7. Bertrand, M., & Schoar, A. 2006. The role of family in family firms. Journal of Economic Perspectives, 20(2): 73-96.
8. Bubolz, M. 2001. Family as source, user and builder of social capital. Journal of Socio-Economics, 30(1): 129-131.
9. Carney, M. 2005. Corporate governance and competitive advantage in family-controlled firms. Entrepreneurship Theory and Practice, 29(2): 249-265.
10. Chandler, A. D. 1990. Scale and scope. Cambridge, MA: Harvard University Press.
11. Choi, J. 2004. Transformation of Korean HRM based on confucian values. Seoul Journal of Business, 10(1): 1-26.
12. Collins, J. 1995. Built to last. New York: HarperBusiness.
13. Cooper, A. C., Willard, G. E., & Woo, G. 1986. Strategies of high performing new and small firms: A reexamination of the niche concept. Journal of Business Venturing, 1(2): 247-260.
14. Davis, S., & Meyer, C. 1998. Blur. New York: Warner Books.
15. Donckels, R., & Fröhlich, E. 1991. Are family businesses really different? European experiences from STRATOS. Family Business Review, 4(2): 149-160.
16. Duchesneau, D. A., & Gartner, W. 1990. A profile of new venture success and failure in an emerging industry. Journal of Business Venturing, 5(3): 297-312.
17. Dyer Jr., W. G. 1986. Cultural change in family firms: Anticipating and managing business and family transitions. San Francisco: Jossey-Bass.
18. Eisenberger, R., Fasolo, P., & Davis-Lamastro, V. 1990. Perceived organizational support and employee diligence, commitment and innovation. Journal of Applied Psychology, 75(1): 51-59.
19. Eisenberger, R., Huntington, R., Hutchison, R., & Sowa, D. 1986. Perceived organizational support. Journal of Applied Psychology, 71(4): 500-507.
20. Galbraith, J. 2000. Designing the global corporation. San Francisco: Jossey Bass.
21. Gersick, K. E., Davis, J., Hampton, M., & Lansberg, I. 1997. Generation to generation: Life cycles of the family business. Boston, MA: Harvard Business School Press.
22. Gomez-Mejia, L., Haynes, K., Nuñez-Nickel, M., Jacobson, K., & Moyano-Fuentes, J. 2007. Family owned firms: Risk loving or risk averse. Administrative Science Quarterly, 52(1): 106-137.
23. Gomez-Mejia, L., Nuñez-Nickel, M., & Gutierrez, I. 2001. The role of family ties in agency contracts. Academy of Management Journal, 44(1): 81-95.
24. Grant, R. 1996. Toward a knowledge-based theory of the firm. Strategic Management Journal, 17(Special Issue): 109-122.
25. Gupta, A. K., & Govindarajan, V. 1984. Business unit strategy, managerial characteristics, and business unit effectiveness at strategy implementation. Academy of Management Journal, 27(1): 25-41.
26. Guzzo, R., & Abbott, S. 1990. Family firms as utopian organizations. Family Business Review, 3(1): 23-33.
27. Habbershon, T. G., & Williams, M. L. 1999. A resource-based framework for assessing the strategic advantages of family firms. Family Business Review, 12(1): 1-26.
28. Hagel, J., & Singer, J. 1999. Net worth. Boston, MA: Harvard Business School Press.
29. Jacobs, M. T. 1991. Short-term America. Boston, MA: Harvard Business School Press.
30. James, H. S. 1999. Owner as manager, extended horizons and the family firm. International Journal of the Economics of Business, 6(1): 41-55.
31. Jorissen, A., Leveren, E., Martens, R., & Reheul, A. M. 2005. Real versus sample-based differences in comparative family business research. Family Business Review, 18(3): 229-246.
32. Khanna, T., & Palepu, K. 1997. Why focused strategies may be wrong for emerging markets. Harvard Business Review, 75(4): 41-51.
33. Khanna, T., & Palepu, K. 1999. The right way to structure conglomerates in emerging markets. Harvard Business Review, 77(4): 125-134.
34. Khanna, T., & Palepu, K. 2000. Is group affiliation profitable in emerging markets?: An analysis of diversified Indian business groups. Journal of Finance, 55(4): 867-891.
35. Khanna, T., & Palepu, K. 2006. Emerging giants? Harvard Business Review, 84(4): 60-69.
36. Khanna, T., & Rivkin, J. W. 2000. Estimating the performance effects of business groups in emerging markets. Strategic Management Journal, 22(1): 45-74.
37. Koch, C. 2007. The science of success. New York: Wiley.
38. Landes, D. 1949. French entrepreneurship and industrial growth in the nineteenth century. Journal of Economic History, 9(1): 45-61.
39. LaPorta, R., Lopes-de-Silanes, F., & Shleifer, A. 1999. Corporate ownership around the world. Journal of Finance, 54(3): 471-517.
40. Lazonick, W. 1986. The cotton industry. In B. Erbaum & W. Lazonick (Eds), The decline of the British economy: 18-50. Oxford: Oxford University Press.
41. Lee, J. 1998. Characteristics of successful high-technology venture companies. The Korean Venture Management Review, 1(1): 101-128.
42. Lee, J., & Chang, S. 1999. Characteristics of successful high-tech ventures. The Korean Small Business Review, 21(1): 105-133.
43. Lee, J., & Lee, M. 1994. Korean management in global competition. Seoul: Gim-Young Sa.
44. Lee, J., & Miller, D. 1999. People matter: Commitment to employees, strategy and performance in Korean firms. Strategic Management Journal, 20(4): 579-593.
45. Lee, C., Lee, K., & Pennings, J. 2001. Internal capabilities, external networks, and performance: A study of technology-based ventures. Strategic Management Journal, 22(4): 615-640.
46. Mackie, R. 2001. Family ownership and business survival: Kirkcaldy, 1870-1970. Business History, 43(1): 1-32.
47. Miller, D. 2003. An asymmetry-based view of advantage: Towards an attainable sustainability. Strategic Management Journal, 24(10): 961-976.
48. Miller, D., & Lee, J. 2001. The people make the process: Commitment to employees, decision making, and performance. Journal of Management, 27(2): 163-189.
49. Miller, D., & Le Breton-Miller, I. 2005. Managing for the long run: Lessons in competitive advantage from great family business. Boston, MA: Harvard Business School Press.
50. Miller, D., Steier, L., & Le Breton-Miller, I. 2003. Lost in time: Intergenerational succession, change, and failure in family business. Journal of Business Venturing, 18(3): 513-531.
51. Miller, D., Le Breton-Miller, I., Lester, R., & Cannella, A. 2007. Are family firms really superior performers? Journal of Corporate Finance, 13(5): 829-858.
52. Miller, D., Le Breton-Miller, I., & Scholnick, B. 2008. Stewardship versus stagnation: An empirical comparison of small family vs non-family businesses. Journal of Management Studies, 41(1): 50-78.
53. Moorman, S., Blakely, G., & Niehoff, B. 1998. Does perceived organizational support mediate the relationship between procedural justice and organizational citizenship behavior? Academy of Management Journal, 41(2): 351-357.
54. Morck, R., Wolfenzon, D., & Yeung, B. 2005. Corporate governance, economic entrenchment, and growth. Journal of Economic Literature, 53(3): 655-720.
55. Nahapiet, J., & Ghoshal, S. 1998. Social capital, intellectual capital and the organizational advantage. Academy of Management Review, 23(2): 242-266.
56. Nam, Y. H. 2002. A study on the characteristics of Korean family businesses. The Korean Small Business Review, 24(4): 201-224.
57. Nonaka, I. 1994. A dynamic theory of organizational knowledge creation. Organization Science, 5(1): 14-37.
58. Nonaka, I. 1995. The knowledge-creating company. New York: Oxford University Press.
59. O'Reilly, C., & Chatman, J. 1986. Organizational commitment and psychological attachment: The effects of compliance, identification, and internalization on prosocial behavior. Journal of Applied Psychology, 71(3): 492-499.
60. Orpen, C. 1995. The effects of exchange ideology on the relationship between perceived organizational support and job performance. Journal of Social Psychology, 78(3): 569-583.
61. Park, G. D. 1982. A study on the family business of Korea. Korean Management Review, 11(1): 39-60.
62. Pfeffer, J., & Salancik, G. 1978. The external control of organizations. New York: Harper & Row.
63. Reid, R., & Harris, R. 2002. The determinants of training in SMEs in Northern Ireland. Education & Training, 44(1): 8-9.
64. Saxton, T. 1997. The effects of partner and relationship characteristics on alliance outcomes. Academy of Management Journal, 40(2): 443-461.
65. Schulze, W. S., Lubatkin, M., Dino, R., & Buchholtz, A. 2001. Agency relationships in family firms: Theory and evidence. Organization Science, 12(1): 99-116.
66. Shanker, M. C., & Astrachan, J. H. 1996. Myths and realities: Family business' contribution to the US economy: A framework for assessing family business statistics. Family Business Review, 9(2): 107-123.
67. Shin, Y. K. 1993. Korean management: Present and future. Seoul: Bak-Young Sa.
68. Singell, L. 1997. Nepotism, discrimination, and the persistence of utility-maximizing, owner-operated firms. Southern Economics Journal, 63(4): 894-920.