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Migrating Family Owners and Strategic Change Performance: Unpacking the Imprinting Effects

  • Victor Zitian Chen
  • , Yilei Zhang
  • , Rosalyn Grace Sandoval
  • , Laura June Stanley
  • , Franz Kellermanns
  • , Kimberly A. Eddleston

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

The U.S. is an attractive melting pot for immigrants and has some of the highest domestic migration rates. A notable migration group is family business owners whose first-generation wealth makers business headquarters originated from other regions or countries. These businesses have migrated from their home headquarters, exposing their family businesses to the imprinting effects of the family migration history. This history represents an essential aspect of the family business that can influence how the family responds to environmental changes and informs their strategic performance. Using panel data from 3,369 family-firm-year observations to examine how the migration history of the family business influenced the firm?s strategic performance. Our results indicate that the family migration history of family blockholders influences a firm?s strategic performance through family governance characteristics and industry environmental uncertainty. These results illustrate how the family migration history influences the firm?s adaption and imprints onto the organization, influencing future strategic changes.
Original languageAmerican English
Title of host publicationAcademy of Management Proceedings
EditorsSonia Taneja
Pages11668
Volume2021
Edition1
DOIs
StatePublished - Aug 2021
Externally publishedYes

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