Family business advocates claim family enterprises have an advantage over their non-family counterparts. However, for every positive supposition, not surprisingly, there is an alternate argument that counters any family enterprise advantages are short-lived and families in business struggle over the long-term due to the inherent conflict at the interface of business and family systems. In this study, our research question is: To what extent does the family enterprise advantage create a competitive advantage for family businesses? We answer our research question by introducing and testing a system performance model to capture the enterprising family advantage and corresponding performance outcomes, as outlined below. The motivation for the tested relationships is drawn from a conceptual model introduced by Habbershon and Williams and reasoning raised by, among others, Chrisman, Steier, and Chua.
Craig, Justin B. and Dibrell, Clay
"A SYSTEM PERFORMANCE MODEL TO CAPTURE THE POTENTIAL FOR ENTERPRISING FAMILY ADVANTAGE AND CORRESPONDING PERFORMANCE OUTCOMES (INTERACTIVE PAPER),"
Frontiers of Entrepreneurship Research: Vol. 31
, Article 4.
Available at: http://digitalknowledge.babson.edu/fer/vol31/iss13/4