The Role of Family Influence and the Effect on Performance in Lebanese Family Firms

Download or read book The Role of Family Influence and the Effect on Performance in Lebanese Family Firms written by Reina Hawat and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prevalence of the family type of firms has pushed researchers to be interested in various issues affecting the family business. Although a big number of researches dealing with family businesses and addressing a variety of related issues are available, very few studies address the issue of the impact of family influence on the strategic choices and performance of family firms. As a result, the main objective of this paper is to study the role and impact of family influence on the strategic choices and performance of family firms in Lebanon. This study seeks therefore to answer the following questions: Does family influence affect business strategy in family firms? For family firms, which relationship exists between the performance effect of strategic fit and family influence? This paper's results show that the family influence does have an impact on the strategy of the family business. Additionally, for family firms, the performance effect of strategic fit is positively moderated by family influence.