Journal of Family and Economic Issues

, Volume 31, Issue 4, pp 427–441 | Cite as

The Role of Values and Unity in Family Businesses

Original Paper

Abstract

This study tests the application of an ecosystems perspective on family businesses. Specific focuses are given to values, resources and unity within family businesses. Two separate samples are examined, the American Family Business Survey and a multilevel sample. Results from this study support the ecosystems perspective. Family businesses are shown to vary by their value for family growth in comparison to business growth. This value variation across family businesses was shown to predict internal goals and resource transfers within family businesses. This study also shows the benefit to family businesses in unifying values across individuals, as unity of values is a stronger predictor of satisfaction even when controlling for the family business’ tendency to privilege the family or business growth.

Keywords

Family business Unity Values 

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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Counseling and Family StudiesLoma Linda UniversityLoma LindaUSA
  2. 2.Department of Family and Child EcologyMichigan State UniversityEast LansingUSA

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