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Articles 1 - 7 of 7
Full-Text Articles in Business
Legitimizing The Natural Environment In Smes: A Strategic Issue Interpretation Perspective (Summary), Clay Dibrell, Justin Craig
Legitimizing The Natural Environment In Smes: A Strategic Issue Interpretation Perspective (Summary), Clay Dibrell, Justin Craig
Justin B. Craig
How do businesses legitimize their natural environmental strategic initiatives? In this research, we are concerned with how managerial interpretations of natural environmental issues predict natural environmental strategic action related to firm innovativeness in SMEs. Results from this study will provide managers with a greater understanding of the benefits from a natural environmental initiative. The research questions that are addressed include: (1) Does the legitimization of the natural environment in an SME positively affect firm innovativeness? (2) What benefits are associated with socially embedding natural environmental policies? and (3) How do the strategic issue and social embeddedness theories predict how a …
Accession Tournaments: The Application Of A Game Theory Derivative To The Multi-Dimensional Family Business Accession Process (Interactive Paper), Justin Craig, Clay Dibrell
Accession Tournaments: The Application Of A Game Theory Derivative To The Multi-Dimensional Family Business Accession Process (Interactive Paper), Justin Craig, Clay Dibrell
Justin B. Craig
We argue that the recent governance and professionalization focus in family business research conversations, while helpful in understanding succession, and family businesses in general, needs to be complemented with a theoretical discussion of the multi-dimensional accession process. We contend that this process is multi-dimensional as, unlike in a corporate setting where the incumbent is succeeded by a suitable successor, multi-generational family businesses are more complex and there is potentially a plethora of positions of influence for which actors can compete. We use tournament theory to propose how family actors will act in accession tournaments and propose that the absence of …
Overcoming The Liability Of Theoretical Newness: The Case For Stewardship Theory (Summary), Justin Craig, Clay Dibrell, Donald Neubaum
Overcoming The Liability Of Theoretical Newness: The Case For Stewardship Theory (Summary), Justin Craig, Clay Dibrell, Donald Neubaum
Justin B. Craig
To overcome stewardship theory’s liability of newness, we introduce a validated and reliable measure for stewardship. Using Dubin’s features of a theoretical model to position stewardship theory, we endeavour to take a structured approach in the Kuhn-characterised normal science stage of entrepreneurship. There is a danger that stewardship theory currently bears many of the hallmarks of a summative unit (in Dubin’s terms), where a summative unit is one that can be referred to as a global unit that stands for an entire complex phenomenon; conveys a great deal of meaning but is always diffuse; draws together a number of different …
A Framework For Understanding Opportunity Recognition: Entrepreneurs Versus Private Equity Financiers, Noel Lindsay, Justin Craig
A Framework For Understanding Opportunity Recognition: Entrepreneurs Versus Private Equity Financiers, Noel Lindsay, Justin Craig
Justin B. Craig
The issue of opportunity recognition, as opposed to opportunity evaluation, has received far less attention. Yet it is opportunity recognition that often drives deals. This article presents and tests six hypotheses on opportunity recognition against a sample of 262 respondents divided among financiers and entrepreneurs. The hypotheses measure the differences between respondents' views on the following topics: alertness to opportunities; creativity and idea generation; search process and strategies; causes of opportunities; opportunity sources; evaluation; and “feel.” In general, both groups had similar responses, but several interesting differences were discovered.
How Managerial Attitudes Toward The Natural Environment Affect Market Orientation And Innovation, Clay Dibrell, Justin Craig, Eric Hansen
How Managerial Attitudes Toward The Natural Environment Affect Market Orientation And Innovation, Clay Dibrell, Justin Craig, Eric Hansen
Justin B. Craig
This study investigates natural environmental attitude linkages held by strategic decision makers and hypothesizes that the interaction between market orientation and managerial natural environmental attitudes serves to enhance the effect of market orientation on firm innovativeness. Using questionnaire responses from 284 owners or chief executive officers residing in the food processing industry, the findings establish evidence of (1) a positive linkage between market orientation and firm innovativeness, and (2) the moderating effect of managerial attitudes of top managers toward the natural environmental in the market orientation to firm innovativeness relationship. The results provide insight into the nature of the cultural …
Stars Under The Southern Cross: The Untold Stories Of Queensland Family Businesses, Noel Lindsay, Justin Craig
Stars Under The Southern Cross: The Untold Stories Of Queensland Family Businesses, Noel Lindsay, Justin Craig
Justin B. Craig
This book, a Centenary of Federation celebration project, contains many Queensland family business stories that had been forgotten for one reason or another. Stories of hardship, of sadness, of joy and of success, as well as some failures. There are stories of families and businesses that have gone on to become household names both in Australia and overseas. The stories come from all regions of Queensland and all industries are represented, such is the scope of the family business community. Stories from Queensland’s family businesses could fill many books like this one. There are many more families who have contributed …
Understanding Family Enterprise: A Book Of Readings, Ken Moores, Justin Craig
Understanding Family Enterprise: A Book Of Readings, Ken Moores, Justin Craig
Justin B. Craig
This collection of papers, written over a span of about 16 years by researchers associated with the Australian Centre for Family Business (ACFB) at Bond University highlight diversity in family business scholarship. Diversity not only with respect to topics but also the range of audiences to which the various communication messages were delivered is indicative of an area of emerging scholarship. The purpose of the collection is primarily to chronicle the distinctive learning experiences of ACFB researchers rather than be a comprehensive coverage of all aspects of family enterprises.