Document Type
Article
Publication Date
2024
DOI
10.1080/00472778.2024.2427201
Publication Title
Journal of Small Business Management
Volume
Article in Press
Pages
1-22
Abstract
The diversity of business philosophies and practices across family firms suggests their performance is influenced by factors that can be hard to isolate or understand. Based on 215 observations of Vietnamese firms operating in Asia, Australia, Europe, and North America, we use fuzzy-set qualitative comparative analysis techniques to discern the configurational relationships underlying their performance pathways. Of the 64 possible configurations, three pathways with a high consistency (95 percent) for high performance are distinguishable. These three pathways are characterized by varying degrees of family labor involvement, social network-based labor sourcing, and capital contributions from partners. They reveal how cultural factors, spiritual beliefs and practices, as well as the strength of firm networks influence the way these firms perform. Taken together, these insights offer valuable contributions to the theoretical understanding of family firm performance with practical and policy relevance.
Rights
© 2024 The Authors.
This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.
Original Publication Citation
Simba, A., Thai, M. T. T., Ammari, A., Koch, J. V., & Jones, P. (2024). Unconventional philosophies and practices: Vietnamese family firm performance in multiple countries. Journal of Small Business Management. Advance online publication. https://doi.org/10.1080/00472778.2024.2427201
Repository Citation
Simba, Amon; Thai, Mai Thi Thanh; Ammari, Aymen; Koch, James V.; and Jones, Paul, "Unconventional Philosophies and Practices: Vietnamese Family Firm Performance in Multiple Countries" (2024). Economics Faculty Publications. 77.
https://digitalcommons.odu.edu/economics_facpubs/77
Supplemental Material