Dynamic familiness capabilities and family business growth: A longitudinal perspective framed within management accounting

Loukas Glyptis, Elias Hadjielias, Michael Christofi, Olga Kvasova, Demetris Vrontis

    Research output: Contribution to journalArticlepeer-review

    Abstract

    This paper examines how dynamic capabilities evolve in relation to familiness resources in order to facilitate family business growth and the way the context underpins dynamic capabilities in the family business. Drawing on an abductive research logic, it explores through a longitudinal in-depth case study and document analysis the way that dynamic capabilities and familiness resources have been deployed by a Greek-owned international shipping company over a twenty-five-year period. The findings highlight the influences exerted by the controlling family on the searching, seizing, and reconfiguring processes within management accounting to enable the reconfiguration of familiness resources in the firm across the dimensions of product strategy, governance, networking and staffing, and financing. These reconfigurations are essential in facilitating company development throughout critical growth junctures. We provide theoretical extensions to the resource-based view (RBV) through an integration of the concept of familiness and dynamic capability view, contextualized theorization, and temporal theorization.

    Original languageEnglish
    Pages (from-to)346-363
    Number of pages18
    JournalJournal of Business Research
    Volume127
    DOIs
    Publication statusPublished - Apr 2021

    Keywords

    • Dynamic capabilities
    • Familiness
    • Family business
    • Management accounting
    • Resource-based view
    • Strategic resources

    Fingerprint Dive into the research topics of 'Dynamic familiness capabilities and family business growth: A longitudinal perspective framed within management accounting'. Together they form a unique fingerprint.

    Cite this