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Full-Text Articles in Business

Twin Brothers In Arms Learn The Family Business, Justin Craig, Wayne Irava, Ken Moores Oct 2012

Twin Brothers In Arms Learn The Family Business, Justin Craig, Wayne Irava, Ken Moores

Justin B. Craig

ExtractIn this case, Moores and Barrett’s (2002) family business learning and life cycle framework has been used as the foundation, along with entrepreneurialorientation (EO) (Lumpkin and Dess 1996; Miller 1983) and the resource-based view of the firm (RBV) (Mahoney and Pandian 1992; Peteraf 1993; Wernerfelt 1984), for a review of an intriguing Australian second generation migrant family business.


Stewardship Climate Scale: Measurement And An Assessment Of Reliability And Validity, Justin Craig, Clay Dibrell, Donald Neubaum, Christopher Thomas Oct 2012

Stewardship Climate Scale: Measurement And An Assessment Of Reliability And Validity, Justin Craig, Clay Dibrell, Donald Neubaum, Christopher Thomas

Justin B. Craig

Building on the seminal work of Davis, Schoorman, and Donaldson (1997), using a three study approach and a combined multi-level respondent sample of 847 from 237 firms, we develop a statistically valid and reliable 18-item measure to capture the degree to which executives act to engender a stewardship climate in their organizations. Nomological validity of our dual (psychological and situational) mechanism measure is established by demonstrating significant associations with multiple individual- and firm-level measures.


Strategic Planning And Flexibility: Governance Control Mechanisms In Family And Non-Family Firms, Clay Dibrell, Justin Craig, Donald Neubaum Oct 2012

Strategic Planning And Flexibility: Governance Control Mechanisms In Family And Non-Family Firms, Clay Dibrell, Justin Craig, Donald Neubaum

Justin B. Craig

We examine governance systems within the contexts of family and non-family owned firms. Specifically, we suggest that while a formal governance mechanism (i.e., formal strategic planning) is positively associated with financial performance in both family and non-family firms, the relative benefit of such a formal governance structure is greater for non-family firms. We posit that strategic flexibility can also be used as a governance mechanism, but the value of this informal governance mechanism is greater for family firms. In a study of 354 firms using moderated regression analysis, we discovered the relative benefit of formal and informal governance mechanisms in …


Natural Environment, Market Orientation, And Firm Innovativeness: An Organizational Life Cycle Perspective, Clay Dibrell, Justin Craig, Eric Hansen Oct 2012

Natural Environment, Market Orientation, And Firm Innovativeness: An Organizational Life Cycle Perspective, Clay Dibrell, Justin Craig, Eric Hansen

Justin B. Craig

Drawing upon the corporate social responsibility literature, we investigate the moderating effects of the natural environment and the stage of an organization’s life cycle on the market orientation to firm innovativeness relationship. Through 229 owners or chief executive officer respondents, our results establish evidence of (1) a positive linkage between market orientation and firm innovativeness; (2) natural environmental policy positively moderating the market orientation to firm innovativeness relationship; and (3) organizational life cycle negatively moderating market orientation to innovativeness. Our findings suggest ventures characterized as being early in the organizational life cycle are more likely to have a positive environmental …


Intrapreneurship In Multi-Generational Family Businesses, Robert Garrett, Clay Dibrell, Justin Craig Oct 2012

Intrapreneurship In Multi-Generational Family Businesses, Robert Garrett, Clay Dibrell, Justin Craig

Justin B. Craig

Drawing from the agency and stewardship theory literature, this conceptual work explores the role of intrapreneurship (internal corporate venturing) in multi-generational family businesses. Specifically, governance and managerial considerations unique to family businesses are used to predict both the relatedness between a parent firm and its ventures, and how these internal new ventures are managed.


Performance Of Family Firms During The Global Financial Crisis: Does Governance Matter?, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara Oct 2012

Performance Of Family Firms During The Global Financial Crisis: Does Governance Matter?, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara

Keith Duncan

We investigate whether better corporate governance impacts the performance of family versus non-family firms during the Global Financial Crisis (GFC). If good governance matters then its impact should be amplified during times of exogenous financial shocks. Furthermore the impact of governance will be more pronounced for family firms as family firms are more resilient, have greater access to survival capital and have a longer term decision making focus. We find that family firms have better governance but family firms have a lower earnings weight in valuation models. However we do find that better governance increased the variability in value however …


Performance Of Family Firms During The Global Financial Crisis: Does Governance Matter?, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara Oct 2012

Performance Of Family Firms During The Global Financial Crisis: Does Governance Matter?, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara

Ray McNamara

We investigate whether better corporate governance impacts the performance of family versus non-family firms during the Global Financial Crisis (GFC). If good governance matters then its impact should be amplified during times of exogenous financial shocks. Furthermore the impact of governance will be more pronounced for family firms as family firms are more resilient, have greater access to survival capital and have a longer term decision making focus. We find that family firms have better governance but family firms have a lower earnings weight in valuation models. However we do find that better governance increased the variability in value however …


Performance Of Family Firms During The Global Financial Crisis: Does Governance Matter?, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara Oct 2012

Performance Of Family Firms During The Global Financial Crisis: Does Governance Matter?, Husam Aldamen, Keith Duncan, Simone Kelly, Ray Mcnamara

Simone Kelly

We investigate whether better corporate governance impacts the performance of family versus non-family firms during the Global Financial Crisis (GFC). If good governance matters then its impact should be amplified during times of exogenous financial shocks. Furthermore the impact of governance will be more pronounced for family firms as family firms are more resilient, have greater access to survival capital and have a longer term decision making focus. We find that family firms have better governance but family firms have a lower earnings weight in valuation models. However we do find that better governance increased the variability in value however …


Managing Successful Innovation Delivery, Arcot Desai Narasimhalu Jul 2012

Managing Successful Innovation Delivery, Arcot Desai Narasimhalu

Arcot Desai NARASIMHALU

No abstract provided.


Contributions Of Home-Based Businesses To Regional Economic Development, Calvin Wang, Elizabeth Walker, Janice Redmond, John Breen Jun 2012

Contributions Of Home-Based Businesses To Regional Economic Development, Calvin Wang, Elizabeth Walker, Janice Redmond, John Breen

John M. Breen

Home-based businesses (HBBs) are the most dominant form of enterprise and the fastest growing business segment in most Western economies. HBBs have raised significant government interest based on their potential to deliver economic development and growth for the communities that they operate in. While international knowledge of the home-based sector is growing in the areas of HBB occurrence, operator characteristics and business activities, there is limited focus on HBBs operating within a regional context even though HBBs are thought to be more common outside urban areas. This paper presents results from a West Australian study that explored the profile of …


Matt Geiger (Com ’12) – Hoop Book Live Dec 2011

Matt Geiger (Com ’12) – Hoop Book Live

Dr. Harold Welsch

Hoop Book is a software firm that simplifies the scorekeeping process for school and recreational basketball teams, and won the 2010 Launch DePaul competition (for-profit track). Matt is currently running his venture part-time, with a business partner, while he completes his degree in Finance. In addition to receiving continued coaching through the Blueprint program, Matt is engaged with the Coleman Center as a speaker in entrepreneurship courses.