Wait or pivot? Family and non-family firms’ strategic responses to COVID-19 and employment change

Wunnam Issah; Andrea Calabrò; Thomas Clauss; Alfredo Valentino; Luis Diaz-Matajira

doi:10.1016/j.jbusres.2024.114885

Wait or pivot? Family and non-family firms’ strategic responses to COVID-19 and employment change

Wunnam Issah, Andrea Calabrò^*, Thomas Clauss, Alfredo Valentino, Luis Diaz-Matajira

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Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstract

The aim of this paper is to investigate the effects of different strategic behaviors adopted during COVID-19 pandemic on employment change (a percentage change in the number of employees) in both family and non-family firms. We use an international survey-based dataset of 2,192 family and non-family firms. We provide evidence that a pivoting strategy (transforming the business) could prevent layoffs. Finally, while transparent leadership communication positively moderates the effect of pivoting on employment change in non-family firms it shows an opposite effect in family firms.

Originalsprog	Engelsk
Artikelnummer	114885
Tidsskrift	Journal of Business Research
Vol/bind	184
ISSN	0148-2963
DOI	https://doi.org/10.1016/j.jbusres.2024.114885
Status	Udgivet - nov. 2024

Bibliografisk note

Publisher Copyright:
© 2024 Elsevier Inc.

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10.1016/j.jbusres.2024.114885

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Citationsformater

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AU - Issah, Wunnam

AU - Calabrò, Andrea

AU - Clauss, Thomas

AU - Valentino, Alfredo

AU - Diaz-Matajira, Luis

PY - 2024/11

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AB - The aim of this paper is to investigate the effects of different strategic behaviors adopted during COVID-19 pandemic on employment change (a percentage change in the number of employees) in both family and non-family firms. We use an international survey-based dataset of 2,192 family and non-family firms. We provide evidence that a pivoting strategy (transforming the business) could prevent layoffs. Finally, while transparent leadership communication positively moderates the effect of pivoting on employment change in non-family firms it shows an opposite effect in family firms.

KW - COVID-19

KW - Employment change

KW - Family firms

KW - Pivoting strategy

KW - Transparent leadership communication

U2 - 10.1016/j.jbusres.2024.114885

DO - 10.1016/j.jbusres.2024.114885

M3 - Journal article

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SN - 0148-2963

VL - 184

JO - Journal of Business Research

JF - Journal of Business Research

M1 - 114885

ER -

Wait or pivot? Family and non-family firms’ strategic responses to COVID-19 and employment change

Abstract

Bibliografisk note

Dokumenter og links

SDU link

Fingeraftryk

Citationsformater