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The COVID-19 pandemic and family business performance

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Bibliographic Details
Main Authors: Ivan, Miroshnychenko, Giorgio, Vocalelli, Alfredo De, Massis
Format: Book
Language:English
Published: Springer 2023
Subjects:
COVID-19 pandemic
family business performance
Online Access:https://link.springer.com/article/10.1007/s11187-023-00766-2
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7881
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spelling oai:localhost:PNK-78812023-04-13T03:30:31Z The COVID-19 pandemic and family business performance Ivan, Miroshnychenko Giorgio, Vocalelli Alfredo De, Massis COVID-19 pandemic family business performance CC BY This study examines the impact of the COVID-19 pandemic on corporate financial performance using a unique, cross-country, and longitudinal sample of 3350 listed firms worldwide. We find that the financial performance of family firms has been significantly higher than that of nonfamily firms during the COVID-19 pandemic, accounting for pre-pandemic business conditions. This effect is pertinent to firms with strong family involvement in management or in both management and ownership. We also identify the role of firm-, industry-, and country-level contingencies for family business financial performance during the COVID-19 pandemic. This study offers a novel understanding of the financial resilience across different types of family business and sets an agenda for future research on the drivers of resilience of family firms to adverse events. It also provides important and novel evidence for policymakers, particularly for firms with different ownership and management structures. 2023-04-13T03:30:31Z 2023-04-13T03:30:31Z 2023 Book https://link.springer.com/article/10.1007/s11187-023-00766-2 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7881 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic COVID-19 pandemic
family business performance
spellingShingle COVID-19 pandemic
family business performance
Ivan, Miroshnychenko
Giorgio, Vocalelli
Alfredo De, Massis
The COVID-19 pandemic and family business performance
description CC BY
format Book
author Ivan, Miroshnychenko
Giorgio, Vocalelli
Alfredo De, Massis
author_facet Ivan, Miroshnychenko
Giorgio, Vocalelli
Alfredo De, Massis
author_sort Ivan, Miroshnychenko
title The COVID-19 pandemic and family business performance
title_short The COVID-19 pandemic and family business performance
title_full The COVID-19 pandemic and family business performance
title_fullStr The COVID-19 pandemic and family business performance
title_full_unstemmed The COVID-19 pandemic and family business performance
title_sort covid-19 pandemic and family business performance
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s11187-023-00766-2
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7881
_version_ 1763090280981987328
score 8.891787

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