Does Increased Generational Involvement Foster Business Growth? The Moderating Roles of Family Involvement in Ownership and Management

European Management Review (Forthcoming)

43 Pages Posted: 19 Aug 2019

See all articles by Daniel Pittino

Daniel Pittino

Independent

Francesco Chirico

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

Bart Henssen

University College Odisee

Wouter Broekaert

Independent

Date Written: August 16, 2019

Abstract

Building upon the upper echelon perspective, we examine the effect of generational involvement in management on various measures of business growth and consider different levels of family participation. Specifically, we argue that generational involvement and the participation of family actors in ownership and management foster cognitive diversity at the TMT level, which may ultimately positively or negatively impact family business growth. Our theory, which is tested using a longitudinal sample of unlisted Belgian family firms, contributes primarily to the literature related to the determinants of family firm growth, which, to date, has paid limited attention to the combined effect of different family involvement factors.

Suggested Citation

Pittino, Daniel and Chirico, Francesco and Henssen, Bart and Broekaert, Wouter, Does Increased Generational Involvement Foster Business Growth? The Moderating Roles of Family Involvement in Ownership and Management (August 16, 2019). European Management Review (Forthcoming), Available at SSRN: https://ssrn.com/abstract=3438217

Daniel Pittino

Independent ( email )

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

Bart Henssen

University College Odisee

Warmoesberg 26
Brussels, 1000
Belgium

Wouter Broekaert

Independent ( email )

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