Family Orientation: Individual-Level Influences on Family Firm Outcomes

Author:

Lumpkin G.T.1,Martin Wendy2,Vaughn Marsha2

Affiliation:

1. Area of Management, Rawls College of Business, Texas Tech University, Lubbock, TX 79409,

2. Trinity International University

Abstract

The premise of this article is that to understand how family affects business, the issue of how individual family members relate to the family must also be addressed. To that end, we propose family orientation (FO) to assess the extent to which individuals perceive and value family involvement. Drawing on the family therapy literature, including Bowen's family systems theory and contextual family therapy, we identify and develop five dimensions of FO—tradition, stability, loyalty, trust, and interdependency. We also discuss factors that might affect an individual's FO score, how FO might enhance understanding of other family business processes and practices, and future research directions.

Publisher

SAGE Publications

Subject

Finance,Business, Management and Accounting (miscellaneous)

Reference52 articles.

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4. FAMILY THERAPY AND IDEOLOGY*

5. Borwick, I. (1986). The family therapist as business consultant. In L. C. Wynne, S. H. McDaniel, & T. T. Weber (Eds.), Systems consultation: A new perspective for family therapy (pp. 423-440). New York: Guilford.

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