Strategy diversity in Australian family owned businesses: impact of environment induced constraints
Edited book (chapter)
Chapter Title | Strategy diversity in Australian family owned businesses: impact of environment induced constraints |
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Book Chapter Category | Edited book (chapter) |
ERA Publisher ID | 1360 |
Book Title | Understanding family enterprise: a book of readings |
Authors | Moores, Ken (Author) and Mula, Joe (Author) |
Editors | Moores, Ken and Craig, Justin B. |
Page Range | 309-319 |
Series | Colloquium Series |
Chapter Number | 19 |
Number of Pages | 11 |
Year | 2011 |
Publisher | Bond University Press |
Place of Publication | Gold Coast, Australia |
ISBN | 9780980618747 |
Abstract | Contingency theory studies are based on the notion that organizational effectiveness is a product of an appropriate matching between internal organizational characteristics and the demands created by elements of their context. Specifically, environmental uncertainty has been found to influence the strategies of firms. Adopting such a contingency approach this study explores how perceived environmental uncertainty (PEU) affects strategic choices and how these vary at different stages of the firm's life cycle in a sample of Australian family owned firms. The results reveal that family owned businesses pursue a mixture of strategies although they tend to favour product differentiation strategies over cost leadership ones. |
Keywords | family business; family company; success rate; QIDC |
ANZSRC Field of Research 2020 | 350208. Investment and risk management |
350716. Small business organisation and management | |
350711. Organisational planning and management | |
Public Notes | Chapter 19. Copyright Ken Moores and Justin B. Craig, 2011. |
Byline Affiliations | Bond University |
School of Accounting, Economics and Finance | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q128y/strategy-diversity-in-australian-family-owned-businesses-impact-of-environment-induced-constraints
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