Bayesian methods in family business research

Journal of Family Business Strategy

Volumn 5, Issue 1, 2014, Pages 97-104

  Block, Joern H ^a   Miller, Danny ^b   Wagner, Dominik ^a  

^a UNIVERSITY OF TRIER   (Germany)

^b UNIVERSITY OF ALBERTA   (Canada)

Author keywords

Bayesian methods; Family business research methods; Null hypothesis significance testing; Regression models

Indexed keywords

EID: 84897604533     PISSN: 18778585     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfbs.2013.12.003     Document Type: Article

References (56)

1. Abdi H. Partial least squares regression and projection on latent structure regression (PLS Regression). Wiley Interdisciplinary Reviews: Computational Statistics 2010, 2(1):97-106.
2. Angrist J.D., Imbens G.W., Rubin D.B. Identification of causal effects using instrumental variables. Journal of the American Statistical Association 1996, 91(434):444-455.
3. Armitag P., Berry G., Matthews J., Armitage P., Berry G., Matthews J.N.S. Statistical methods in medical research 2009, Blackwell Science, Malden, MA. 4th ed., reprinted 7.
4. Ashby D. Bayesian statistics in medicine: A 25 year review. Statistics in Medicine 2006, 25(21):3589-3631.
5. Bayes T. An essay towards solving a problem in the doctrine of chances. Philosophical Transactions of the Royal Society of London 1763, 53:370-418.
6. Berkson J. Some difficulties of interpretation encountered in the application of the chi-square test. Journal of the Statistical Association 1938, 33(203):526-536.
7. Berry D.A. Bayesian clinical trials. Nature Reviews Drug Discovery 2006, 5(1):27-36.
8. Block J., Hoogerheide L., Thurik R. Are education and entrepreneurial income endogenous? A Bayesian analysis. Entrepreneurship Research Journal 2012, 2(3):1-27.
9. Block J., Miller D., Jaskiewicz P. Ownership versus management effects on performance in family and founder companies: A Bayesian reconciliation. Journal of Family Business Strategy 2011, 2(4):232-245.
10. Block J., Wagner M. The effect of family ownership on different dimensions of corporate social responsibility: Evidence from large US firms. Business Strategy and the Environment 2013, 10.1002/bse.1798.
11. Carney M., van Essen M., Gedajlovic E.R., Heugens P.P. What do we know about private family firms? A meta-analytical review. Entrepreneurship Theory and Practice 2013, 10.1111/etap.12054.
12. Chen M.-H., Shao Q.-M. Monte Carlo estimation of Bayesian credible and HPD intervals. Journal of Computational and Graphical Statistics 1999, 8(1):69-92.
13. Cohen J. The earth is round (p<.05). American Psychologist 1994, 49(12):997-1003.
14. Combs J. Big samples and small effects: Let's not trade relevance and rigor for power. Academy of Management Journal 2010, 53(1):9-13.
15. Cousins R.D. Why isn't every physicist a Bayesian?. American Journal of Physics 1995, 63(5):398-410.
16. Edwards W., Lindman H., Savage L. Bayesian statistical inference or psychological research. Psychological Review 1963, 70(3):193-242.
17. Fisher R.A. Applications of "Student's" distribution. Metron 1925, 5:90-104.
18. Gersick K., Davis J., Lansberg I. Generation to generation: Life cycles of the family business 1997, Harvard Business School, Boston, MA.
19. Gigerenzer G., Krauss S., Vitouch O. The null ritual: What you always wanted to know about significance testing but were afraid to ask. The Sage handbook of quantitative methodology for the social sciences 2004, 391-408. Sage, Thousand Oaks (CA).
20. Gill J. Bayesian methods: A social and behavioral sciences approach. Statistics in the social and behavioral sciences series 2008, Chapman & Hall, Boca Raton, FL. 2nd ed.
21. Gilks W.R., Richardson S., Spiegelhalter D.J. Markov chain Monte Carlo in practice 1996, Chapman & Hall, London.
22. Grover J. Strategic economic decision-making: Using Bayesian belief networks to solve complex problems. Springer briefs in statistics 2013, Vol. 9. Springer, New York, NY.
23. Hahn E.D., Doh J.P. Using Bayesian methods in strategy research: An extension of Hansen et al. Strategic Management Journal 2006, 27(8):783-798.
24. Hair J.F., Hult G.T.M., Ringle Ch.M., Sarstedt M. A primer on partial least squares structural equation modeling 2014, Sage, Thousand Oaks, CA.
25. Hansen M.H., Perry L.T., Reese C.S. A Bayesian operationalization of the resource-based view. Strategic Management Journal 2004, 25(13):1279-1295.
26. Hoogerheide L., Block J., Thurik R. Family background variables as instruments for education in income regressions: A Bayesian analysis. Economics of Education Review 2012, 31(5):515-523.
27. van Houwelingen H., Arends L., Stijnen T. Advanced methods in meta-analysis: Multivariate approach and meta-regression. Statistics in Medicine 2002, 21:589-624.
28. Hubbard R., Bajarri M.J. Confusion over measure of evidence (p's) versus errors (alphas) in classical statistics testing. American Statistician 2003, 57(3):171-178.
29. Huelsenbeck J.P. Bayesian inference of phylogeny and its impact on evolutionary biology. Science 2001, 294(5550):2310-2314.
30. Johnson R.M. Understanding HB: An intuitive approach 2000, Sawtooth Software Inc., Sequim, WA.
31. Koop G. Bayesian econometrics 2010, Wiley, Chichester.
32. Kruschke J.K. Doing Bayesian data analysis. A tutorial with R and BUGS 2011, Elsevier, Oxford.
33. Kruschke J.K., Aguinis H., Joo H. The time has come: Bayesian methods for data analysis in the organizational sciences. Organizational Research Methods 2012, 15(4):722-752.
34. Lancaster T. An introduction to modern Bayesian econometrics ([reprint.]) 2008, Blackwell, Malden, MA.
35. Leamer E.E. Multicollinearity: A Bayesian interpretation. Review of Economics and Statistics 1973, LV(3):371-380.
36. Levy R. Probabilistic models in the study of language 2012.
37. Miller D., Le Breton-Miller I., Lester R.H., Cannela A.A. Are family firms really superior performers?. Journal of Corporate Finance 2007, 13(5):829-858.
38. Muthén B. Bayesian Analysis in Mplus: A brief introduction 2010.
39. O'Boyle E.H., Pollack J.M., Rutherford M.W. Exploring the relation between family involvement and firms' financial performance: A meta-analysis of main and moderator effects. Journal of Business Venturing 2012, 27(1):1-18.
40. Orme B. Hierarchical Bayes: Why all the attention? Quirk's Marketing Research Review 2000, 14(3):16-63.
41. Pieper T. Mechanisms to assure long-term family business survival 2007, Peter Lang, Frankfurt.
42. Rossi P., Allenby G. Bayesian statistics and marketing. Marketing Science 2003, 22(3):304-328.
43. Sawyer A.G., Ball A.D. Statistical power and effect size in marketing research. Journal of Marketing Research 1981, 18(3):275-290.
44. Schmidt F. Statistical significance testing and cumulative knowledge in psychology. Psychological Methods 1996, 1(2):115-129.
45. Schwab A., Abrahamson E., Starbuck W.H., Fidler F. Researchers should make thoughtful assessments instead of null-hypothesis significance tests. Organization Science 2011, 22(4):1105-1120.
46. Sharma P., Nordqist M. A typology for capturing the heterogeneity of family firms. Academy of Management Annual Meeting Proceedings 2007, 8(1):1-6.
47. Smets F., Wouters R. Shocks and frictions in US business cycles: A Bayesian DSGE approach. American Economic Review 2007, 97(3):586-606.
48. Shoemaker J.S., Painter I.S., Weir B.S. Bayesian statistics in genetics: A guide for the uninitiated. Trends in Genetics 1999, 15(9):354-358.
49. Stanley T.D. Beyond publication bias. Journal of Economic Surveys 2005, 19(3):309-345.
50. Starbuck W.H. The production of knowledge. The challenge of social science research 2006, Oxford University Press, New York.
51. The Economist Bayes rules: A once-neglected statistical technique may help to explain how the mind works. Print edition (Jan 5th) 2006.
52. Thompson S., Higgins J. How should meta-regression analyses be undertaken and interpreted?. Statistics in Medicine 2002, 21:1559-1573.
53. Villalonga B., Amit R. How do family ownership, control and management affect firm value?. Journal of Financial Economics 2006, 80(2):385-417.
54. Van Dongen S. Prior specification in Bayesian statistics: Three cautionary tales. Journal of Theoretical Biology 2006, 242(1):90-100.
55. Westhead P., Howorth C. Types of private family firms: An exploratory conceptual and empirical analysis. Entrepreneurship & Regional Development: An International Journal 2007, 19(5):405-431.
56. Zyphur M.J., Oswald F.L. Bayesian estimation and inference: A user's guide. Journal of Management 2013, 10.1177/0149206313501200.