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dc.contributor.advisorChrisman, James J.
dc.contributor.authorFang, Hanqing
dc.date2016
dc.date.accessioned2020-09-11T15:25:19Z
dc.date.available2020-09-11T15:25:19Z
dc.identifier.urihttps://hdl.handle.net/11668/19858
dc.description.abstractOne neglected yet very important feature of family business is its internal homogeneity. Different from heterogeneity which focuses on differences across family firms, homogeneity here refers to the continuity and similarity of decision-making patterns either over time or across business units in a single family firm. This dissertation attempts to explore homogeneity in family businesses as well as its antecedents and performance consequences. To distinguish different types of homogeneity, strategic persistence is defined as homogeneity of strategic patterns over time and the pursuit of a dominant strategy as the homogeneity across related business units. Based upon S&P 1500 manufacturing firms from 1996 to 2013, it is found that family firms have a higher level of strategic persistence and a more consistent dominant strategy than non-family firms. In addition, it appears that being older, with less organizational slack and having higher family involvement in ownership and management tends to strengthen the two kinds of homogeneity in family businesses. Finally, it is found that high homogeneity in decision-making can result in better performance in family business compared to non-family firms, especially for those with high family involvement in management. Theoretical implications and limitations are discussed.
dc.publisherMississippi State University
dc.subject.otherFirm Performance
dc.subject.otherDominant Strategy
dc.subject.otherStrategic Persistence
dc.subject.otherFamily Business
dc.subject.otherBehavioral Theory of the Firm
dc.titleStrategic Persistence, Dominant Strategy and Firm Performance in Publicly Traded Family Firms
dc.typeDissertation
dc.publisher.departmentDepartment of Management and Information Systems
dc.publisher.collegeCollege of Business
dc.date.authorbirth1982
dc.subject.degreeDoctor of Philosophy
dc.contributor.committeeHolt, Daniel T.
dc.contributor.committeeDaspit, Joshua J.
dc.contributor.committeeMarett, Kent
dc.contributor.committeeBarnett, Timothy R.


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