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

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

doi:10.1111/etap.12052

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 journal › Article › peer-review

96 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 language	English
Pages (from-to)	545-569
Number of pages	25
Journal	Entrepreneurship Theory and Practice
Volume	39
Issue number	3
DOIs	https://doi.org/10.1111/etap.12052
Publication status	Published - 1 May 2015
Externally published	Yes

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AB - 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.

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

Abstract

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