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Disentangling the effect of family involvement on innovativeness and risk taking: The role of decentralization

Madanoglu, Melih, Altinay, Levent and Wang, Lorna (2015) Disentangling the effect of family involvement on innovativeness and risk taking: The role of decentralization Journal of Business Research, 69 (5). pp. 1796-1800.

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Abstract

This study investigates the effect of family involvement on family firms' entrepreneurial behavior through decentralization. Borrowing from agency theory and using a sample of 145 entrepreneurs, this study contributes to entrepreneurship literature by providing a fine-grained explanation about how a decision-making mechanism such as decentralization influences the relationship between family involvement and innovativeness, and risk taking of family firms. Furthermore, this study demonstrates the importance of considering heterogeneity of family firms and the focal role of decentralization in spurring up firm-level entrepreneurship.

Item Type: Article
Divisions : Faculty of Arts and Social Sciences > School of Hospitality and Tourism Management
Authors :
NameEmailORCID
Madanoglu, Melih
Altinay, Levent
Wang, Lornalorna.wang@surrey.ac.uk
Date : 23 October 2015
DOI : 10.1016/j.jbusres.2015.10.058
OA Location : https://repository.uwl.ac.uk/id/eprint/1457/
Uncontrolled Keywords : Agency theory; Family involvement; Decentralization; Innovativeness; Risk taking
Depositing User : Melanie Hughes
Date Deposited : 16 Oct 2018 13:07
Last Modified : 16 Oct 2018 13:07
URI: http://epubs.surrey.ac.uk/id/eprint/849683

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