Small Business Economics

, Volume 29, Issue 3, pp 275–293 | Cite as

Owner Commitment and Relational Governance in the Privately-Held Firm: An Empirical Study

  • Lorraine M. Uhlaner
  • Roberto H. Floren
  • Jurgen R. Geerlings
Research Article


This paper examines owner commitment and relational governance in the privately-held firm. The proposed model goes beyond agency theory to include research on organization commitment and organization citizenship behaviors, as well as stewardship theory, organizational social capital theory, social identity theory and social exchange theory. Results support predictions of stewardship theory and organizational social capital theory that owner commitment and firm performance are positively related.


financial performance owner commitment relational governance social exchange theory social identity theory stewardship theory 

JEL Classifications

L26 M13 


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Copyright information

© Springer Science+Business Media, LLC 2007

Authors and Affiliations

  • Lorraine M. Uhlaner
    • 1
  • Roberto H. Floren
    • 2
  • Jurgen R. Geerlings
    • 3
  1. 1.Erasmus University RotterdamRotterdamThe Netherlands
  2. 2.Nyenrode Business UniversityBreukelenThe Netherlands
  3. 3.MESA Family Business ConsultantsMaarsbergenThe Netherlands

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