Family Dynamic and Family Business Financial Performance: Spousal Commitment

This article views the survival of a family business as partially dependent on spousal commitment. The decision to launch a business should depend not only on analysis of the opportunity, but also on the degree to which one's spouse shares a common vision about the goals, risks, and rewards of...

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Vydáno v:Family business review Ročník 19; číslo 1; s. 49 - 63
Hlavní autoři: Van Auken, Howard, Werbel, James
Médium: Journal Article
Jazyk:angličtina
Vydáno: Los Angeles, CA SAGE Publications 01.03.2006
Blackwell Publishing Ltd
SAGE PUBLICATIONS, INC
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ISSN:0894-4865, 1741-6248
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Abstract This article views the survival of a family business as partially dependent on spousal commitment. The decision to launch a business should depend not only on analysis of the opportunity, but also on the degree to which one's spouse shares a common vision about the goals, risks, and rewards of the business. Models and testable hypotheses are developed to guide empirical research on the antecedents and consequences of spousal commitment to a family business. The models can benefit individuals considering the launch of a business, couples that currently own a business, business consultants, and university instructors teaching entrepreneurship courses.
AbstractList This article views the survival of a family business as partially dependent on spousal commitment. The decision to launch a business should depend not only on analysis of the opportunity, but also on the degree to which one's spouse shares a common vision about the goals, risks, and rewards of the business. Models and testable hypotheses are developed to guide empirical research on the antecedents and consequences of spousal commitment to a family business. The models can benefit individuals considering the launch of a business, couples that currently own a business, business consultants, and university instructors teaching entrepreneurship courses.
This article views the survival of a family business as partially dependent on spousal commitment. The decision to launch a business should depend not only on analysis of the opportunity, but also on the degree to which one's spouse shares a common vision about the goals, risks, and rewards of the business. Models and testable hypotheses are developed to guide empirical research on the antecedents and consequences of spousal commitment to a family business. The models can benefit individuals considering the launch of a business, couples that currently own a business, business consultants, and university instructors teaching entrepreneurship courses. [PUBLICATION ABSTRACT]
Author Van Auken, Howard
Werbel, James
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  fullname: Werbel, James
  organization: Iowa State University
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StartPage 49
SubjectTerms Careers
Couples
Decision making
Entrepreneurs
Family owned businesses
Financial performance
Hypotheses
Studies
Success
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Title Family Dynamic and Family Business Financial Performance: Spousal Commitment
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