Managerial long-term responsibility in family-controlled firms

Povzetek

Evidence suggests that long-term orientation (lto) as a dominant strategic logic contributes to the sustainable performance of family-controlled firms (fcfs). Combining a review of the literature on lto with stewardship theory and upper echelons theory reasoning, this article presents a typology of managerial responsibility and introduces the concept of long-term responsibility as a managerial characteristic constituting a major driving force behind creating lto. The antecedents of long-term responsibility under family firm-specific conditions (stemming from the family system, the governance system, and family-firm managers personal characteristics) are also identified and presented in an integrated model. The paper contributes to a more comprehensive understanding of intertemporal choice in fcfs and explains why they tend to be more long-term oriented than other types of firms.

Ključne besede

managerial responsibility;long-term orientation;family-controlled firms;stewardship;

Podatki

Jezik:	Angleški jezik
Leto izida:	2013
Tipologija:	1.04 - Strokovni članek
Organizacija:	UP - Univerza na Primorskem
UDK:	005.5:334.722.24
COBISS:	4775895
ISSN:	1854-4231
Matična publikacija:	Management
Št. ogledov:	2768
Št. prenosov:	82
Ocena:	0 (0 glasov)
Metapodatki:

Ostali podatki

Sekundarni jezik:	Slovenski jezik
Sekundarne ključne besede:	managerji;odgovornost;oskrbništvo;družinska podjetja;
URN:	URN:NBN:SI
Vrsta dela (COBISS):	Delo ni kategorizirano
Strani:	str. 93-107, 175
Letnik:	ǂVol. ǂ8
Zvezek:	ǂno. ǂ2
Čas izdaje:	summer 2013
Ključne besede (UDK):	science and knowledge;organization;computer science;information;documentation;librarianship;institutions;publications;znanost in znanje;organizacije;informacije;dokumentacija;bibliotekarstvo;institucije;publikacije;prolegomena;fundamentals of knowledge and culture;propaedeutics;prolegomena;splošne osnove znanosti in kulture;management;menedžment;management operations;direction;postopki menedžmenta;usmeritev;social sciences;družbene vede;economics;economic science;ekonomija;ekonomske vede;forms of organization and cooperation in the economy;oblike organiziranja in sodelovanja v gospodarstvu;
ID:	1492611