Predictors of later-generation family members' commitment to family enterprises

Alexandra Dawson*, Pramodita Sharma, P. Gregory Irving, Joel Marcus, Francesco Chirico

*Corresponding author for this work

Research output: Contribution to journalArticle

35 Citations (Scopus)

Abstract

This study examines the antecedents of different bases of organizational commitment and intention to stay of later-generation family members who are currently working in their family firm. Evidence from 199 Canadian and Swiss firms indicates that when these individuals' identity and career interests are aligned with their family enterprise, they experience affective commitment. Family expectations are associated with normative commitment. Individuals who are concerned about losing inherited financial wealth or who perceive a lack of alternative career paths stay with the family enterprise because of continuance commitment. Finally, individuals driven by desire or obligation exhibit low turnover intentions.

Original languageEnglish
Pages (from-to)545-569
Number of pages25
JournalEntrepreneurship: Theory and Practice
Volume39
Issue number3
DOIs
Publication statusPublished - 1 May 2015
Externally publishedYes

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