TY - JOUR
T1 - The Landscape of Family Business Outcomes
T2 - A Summary and Numerical Taxonomy of Dependent Variables
AU - Yu, Andy
AU - Lumpkin, G. T.
AU - Sorenson, Ritch L.
AU - Brigham, Keith H.
N1 - Copyright:
Copyright 2012 Elsevier B.V., All rights reserved.
PY - 2012/3
Y1 - 2012/3
N2 - To promote theoretical development in family business research, this research identified 327 dependent/outcome variables used in 257 empirical family business studies in 1998-2009. In four studies, the authors categorized outcome variables, developed a numerical taxonomy with seven clusters (performance, strategy, social and economic impact, governance, succession, family business roles, and family dynamics) plotted along two dimensions (business-family and short-term-long-term), validated their research, and identified missing outcome variables and variables that deserve more attention. Experts agree that family business roles, succession, and family dynamics make the family business domain unique and that noneconomic performance and family-specific topics deserve more attention.
AB - To promote theoretical development in family business research, this research identified 327 dependent/outcome variables used in 257 empirical family business studies in 1998-2009. In four studies, the authors categorized outcome variables, developed a numerical taxonomy with seven clusters (performance, strategy, social and economic impact, governance, succession, family business roles, and family dynamics) plotted along two dimensions (business-family and short-term-long-term), validated their research, and identified missing outcome variables and variables that deserve more attention. Experts agree that family business roles, succession, and family dynamics make the family business domain unique and that noneconomic performance and family-specific topics deserve more attention.
KW - classification
KW - cluster analysis
KW - family business discipline
KW - modified Delphi technique
KW - multidimensional scaling
UR - http://www.scopus.com/inward/record.url?scp=84858637762&partnerID=8YFLogxK
U2 - 10.1177/0894486511430329
DO - 10.1177/0894486511430329
M3 - Article
AN - SCOPUS:84858637762
VL - 25
SP - 33
EP - 57
JO - Family Business Review
JF - Family Business Review
SN - 0894-4865
IS - 1
ER -