Applied Economics,
Год журнала:
2023,
Номер
unknown, С. 1 - 18
Опубликована: Ноя. 29, 2023
ABSTRACTFamily
businesses
significantly
influence
the
private
economy
and
economic
growth.
Achieving
sustainable
development
innovation-driven
national
strategies
necessitates
fostering
innovation
in
family
businesses.
Innovation
enables
to
prosper,
mitigate
market
risks,
facilitate
intergenerational
succession.
In
contemporary
Chinese
businesses,
actual
controllers,
particularly
spouses,
play
a
crucial
role
management
strategy
formulation,
which
influences
corporate
through
synergistic
effects
enhanced
decision-making
efficiency.
This
study
investigates
impact
of
spousal
cogovernance
on
business
by
analysing
data
from
A-share
listed
2009
2020.
The
findings
indicate
that
enhances
promoting
harmonious
relationships
strong
inheritance
intentions.
However,
number
controllers
Confucian
culture
may
adversely
affect
promotion
innovation.
Moreover,
agency
costs
serve
as
mediating
factor
driving
innovation,
minimizing
these
could
enhance
conclusion,
this
research
expands
knowledge
governance
illuminates
differences
resulting
internal
structural
changes
We
underscore
significance
nurturing
cogoverned
enterprises.KEYWORDS:
“Spousal
cogovernance”enterprise
innovationnumber
controllersconfucian
cultureJEL
CLASSIFICATION:
O32M21M14
AcknowledgementsThe
authors
are
grateful
Editor
three
anonymous
referees
for
their
helpful
comments
suggestions.
Xuewen
Kuang
acknowledges
financial
support.Disclosure
statementNo
potential
conflicts
interest
were
reported
author(s).Additional
informationFundingThis
paper
is
supported
major
project
Key
Research
Base
Humanities
Social
Science
Ministry
Education
China
[17JJD790011]
National
Natural
Foundation
(71962018).
Journal of Small Business and Enterprise Development,
Год журнала:
2024,
Номер
unknown
Опубликована: Дек. 20, 2024
Purpose
This
paper
aims
to
explore
the
innovation
in
small
and
micro
family
firms,
comparison
that
of
nonfamily
organizational
characteristics
could
enhance
these
firms.
Design/methodology/approach
We
collected
survey
data
from
215
business
owner-managers
United
States
tested
our
hypotheses
using
ordinary
least
squares
regressions.
Findings
find
firms
are
less
innovative
than
However,
results
suggest
can
still
their
by
cultivating
a
more
collaborative
culture
where
bottom-level
non-family
employees
participate
decisions.
Further,
we
while
having
an
organic
design
helps
be
innovative,
positive
effect
on
firms’
is
not
as
strong
its
innovation.
Originality/value
offers
unique
nuanced
examination
narrowing
down
scope
Moreover,
investigated
drivers
businesses
how
enhance/decrease
Our
findings
paths
for
different
The
family
entrepreneurship
regroups
members,
business
and
the
activities.
This
makes
it
a
fertile
rich
research
field,
which
needs
to
be
explored
analyzed
understand
specific
behaviors
orientations
of
entrepreneurial
initiatives.
main
purpose
this
paper
is
present
bibliometric
analysis
agenda
scientific
publications
dealing
mainly
with
field.
process
methodological
design
adopted
review
previous
studies
about
our
problematic.
scope
study
limited
articles
have
been
published
between
2000
2022
(September),
in
three
data
bases:
Web
sciences,
Scopus
Jstor.
73
out
181
selected
retained
after
assessment
taking
into
consideration
different
inclusion
exclusion
criteria.
In
addition,
Excel’s
tools
VOSviewer
software
version
1.6.18
are
technological
devices
used
carry
research.
Our
shows
that
legitimate
area
research,
despite
fact
still
its
pre-paradigmatic
launching
stages.
Thus,
further
academic
clusters
generated
through
thematic
(as
presented
by
figure
5)
need
deepened
Applied Economics,
Год журнала:
2023,
Номер
unknown, С. 1 - 18
Опубликована: Ноя. 29, 2023
ABSTRACTFamily
businesses
significantly
influence
the
private
economy
and
economic
growth.
Achieving
sustainable
development
innovation-driven
national
strategies
necessitates
fostering
innovation
in
family
businesses.
Innovation
enables
to
prosper,
mitigate
market
risks,
facilitate
intergenerational
succession.
In
contemporary
Chinese
businesses,
actual
controllers,
particularly
spouses,
play
a
crucial
role
management
strategy
formulation,
which
influences
corporate
through
synergistic
effects
enhanced
decision-making
efficiency.
This
study
investigates
impact
of
spousal
cogovernance
on
business
by
analysing
data
from
A-share
listed
2009
2020.
The
findings
indicate
that
enhances
promoting
harmonious
relationships
strong
inheritance
intentions.
However,
number
controllers
Confucian
culture
may
adversely
affect
promotion
innovation.
Moreover,
agency
costs
serve
as
mediating
factor
driving
innovation,
minimizing
these
could
enhance
conclusion,
this
research
expands
knowledge
governance
illuminates
differences
resulting
internal
structural
changes
We
underscore
significance
nurturing
cogoverned
enterprises.KEYWORDS:
“Spousal
cogovernance”enterprise
innovationnumber
controllersconfucian
cultureJEL
CLASSIFICATION:
O32M21M14
AcknowledgementsThe
authors
are
grateful
Editor
three
anonymous
referees
for
their
helpful
comments
suggestions.
Xuewen
Kuang
acknowledges
financial
support.Disclosure
statementNo
potential
conflicts
interest
were
reported
author(s).Additional
informationFundingThis
paper
is
supported
major
project
Key
Research
Base
Humanities
Social
Science
Ministry
Education
China
[17JJD790011]
National
Natural
Foundation
(71962018).
