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An investigation and behavioural explanation of family businesser functioning

This research investigated the causes of behavioural difficulties among family businessers in two studies. Study one adapted the evolutionary theory of the firm to the family business context in an empirical study that involved 370 family businessers from 46 families. The study found that: (1) stakeholder cohorts within the family (employed by the business versus not employed by the business; owners of stock versus non stock owners; related to founder versus not related; male versus female) were significantly divided on business direction and planning, the introduction of new routines to the business and various roles, habits, norms and codes that made up the collective knowledge base of the firm; (2) the founding generation reported significantly higher levels of individualism and self-belief than second and third generation family businessers; and (3) the founding generation differed significantly to the third (but not the second) generation on business direction and planning related matters.The second study was a single case design study involving two second-generation family businessers and one third-generation family businesser from three separate family businesses. Using the Skinnerian theory-based technique of functional assessment and the recently formulated Valued Outcomes Analysis (VOA) each individual’s behaviour was analyzed after an initial interview. From this analysis, causes of behaviour were derived and presented to each participant with suggestions for behaviour change. As a result of adopting the suggestions, each individual reported improved functioning at a second interview conducted after a five-week lapse. It was found that individual functioning in family business could be improved by establishing (1) the function of the behaviour, and (2) the valued outcomes that drive the behaviour. The findings of the two studies are linked, limitations of the research are addressed and future projects discussed.

Identiferoai:union.ndltd.org:ADTP/238589
CreatorsCraig, Justin B
PublisherePublications@bond
Source SetsAustraliasian Digital Theses Program
Detected LanguageEnglish
SourceTheses

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