Predictors of Later Generation Family Members’ Commitment to Family Enterprises

Entrepreneurship Theory and Practice, Forthcoming

39 Pages Posted: 24 Jun 2013

See all articles by Alexandra Dawson

Alexandra Dawson

Concordia University, Quebec - John Molson School of Business

Pramodita Sharma

Wilfrid Laurier University; University of Vermont - School of Business Administration

P. Gregory Irving

Wilfrid Laurier University - School of Business & Economics

Joel Marcus

Wilfrid Laurier University; York University - Faculty of Liberal Arts & Professional Studies

Francesco Chirico

Macquarie University, Macquarie Business School; Jonkoping University - Jonkoping International Business School (JIBS)

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Date Written: June 23, 2013

Abstract

This study examines the antecedents of different bases of organizational commitment and intention to stay of later generation family members who are currently working in their family firm. Evidence from 199 Canadian and Swiss firms indicates that when these individuals’ identity and career interests are aligned with their family enterprise, they experience affective commitment. Family expectations are associated with normative commitment. Individuals who are concerned about losing inherited financial wealth, or who perceive a lack of alternative career paths, stay with the family enterprise because of continuance commitment. Finally, individuals driven by desire or obligation exhibit low turnover intentions.

Keywords: family business, later generation, commitment, turnover Intentions

Suggested Citation

Dawson, Alexandra and Sharma, Pramodita and Irving, P. Gregory and Marcus, Joel and Chirico, Francesco, Predictors of Later Generation Family Members’ Commitment to Family Enterprises (June 23, 2013). Entrepreneurship Theory and Practice, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2283811

Alexandra Dawson

Concordia University, Quebec - John Molson School of Business ( email )

1455 de Maisonneuve Blvd. W.
Montreal, Quebec H3G 1M8
Canada

Pramodita Sharma

Wilfrid Laurier University ( email )

75 University Ave W
Waterloo, Ontario N2L 3C5
Canada

University of Vermont - School of Business Administration ( email )

Burlington, VT 05405
United States

P. Gregory Irving

Wilfrid Laurier University - School of Business & Economics ( email )

Waterloo, Ontario N2L 3C5
Canada
519-884-0710 x.3707 (Phone)
519-884-0201 (Fax)

Joel Marcus

Wilfrid Laurier University ( email )

Waterloo, 6900
Canada

York University - Faculty of Liberal Arts & Professional Studies ( email )

Toronto, Ontario M3J 1P3
Canada

Francesco Chirico (Contact Author)

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

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