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    Rights statement: The final, definitive version of this article has been published in the Journal, Family Business Review, 27 (1), 2014, © SAGE Publications Ltd, 2014 by SAGE Publications Ltd at the Family Business Review page: http://fbr.sagepub.com/ on SAGE Journals Online: http://online.sagepub.com/

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The temporal evolution of proactiveness in family firms: the horizontal S-curve hypothesis

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<mark>Journal publication date</mark>03/2014
<mark>Journal</mark>Family Business Review
Issue number1
Volume27
Number of pages16
Pages (from-to)35-50
Publication StatusPublished
Early online date9/10/13
<mark>Original language</mark>English

Abstract

We extend prior work on proactiveness in family firms by examining the relationship between firm age and proactiveness. Specifically, we propose an S-shaped effect of aging of family firms on proactiveness. Additionally, we provide a contingency perspective by considering the moderating role of the dispersion of managerial control among family members. Using a sample of Swiss family firms, we find that proactiveness first declines, then increases, and finally decreases again as the family firm ages, and that this relationship is steeper when the managerial control is dispersed among multiple family members.

Bibliographic note

The final, definitive version of this article has been published in the Journal, Family Business Review, 27 (1), 2014, © SAGE Publications Ltd, 2014 by SAGE Publications Ltd at the Family Business Review page: http://fbr.sagepub.com/ on SAGE Journals Online: http://online.sagepub.com/