Commitment escalation to a failing family business

Francesco Chirico*, Carlo Salvato, Barbara Byrne, Naveed Akhter, Juan Arriaga Múzquiz

*Corresponding author for this work

Research output: Contribution to journalArticle

15 Citations (Scopus)

Abstract

The overarching intent of this manuscript is to heighten awareness to the concept of commitment escalation as it bears on a failing family business. Specifically, drawing on the concept of emotional ownership, together with self-justification arguments, we (1) identify factors considered to be most forceful in contributing to the presence of commitment escalation and thus, resistance to change in a failing family business, and (2) model these related factors in a form that can serve heuristically to stimulate future empirical research capable of testing for the construct validity of commitment escalation in a family business context.

Original languageEnglish
Pages (from-to)494-512
Number of pages19
JournalJournal of Small Business Management
Volume56
Issue number3
DOIs
Publication statusPublished - 1 Jul 2018
Externally publishedYes

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