Influence of Risk Taking on the Performance of Family Firms Among Their Entrepreneurial Activities

Download or read book Influence of Risk Taking on the Performance of Family Firms Among Their Entrepreneurial Activities written by Emile Khoury and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article shed the light on risk taking as an essential element of entrepreneurial orientation and its effect on family firms. We discovered that risk taking is a distinctive element of entrepreneurial orientation in family firms. Furthermore, we recognized that family firms take less risk than do non-family firms when they are implementing entrepreneurial activities. In addition to that, risk taking was negatively affected by performance in these firms. These facts were proved by an examination of a sample of Lebanese firms that led us to many conclusions. Academic and practical matters of our results are supplied in the course of our research.