Title :
Research of Competitive Advantage in Family Firms on Organizational Flexibility
Author :
Xie, Jun ; Tang, Zhongwen
Author_Institution :
Sch. of Econ. & Manage., South China Normal Univ., Guang Zhou, China
Abstract :
Agency theory and resource-based view explain the competitive advantage of family firms from the perspective of agency cost and resource in family firms. However, their explanation all overlook the competitive environment in which family firms are embedded. This paper tries to explain the competitive advantage of family firms from the perspective of organizational flexibility. More specifically, it: (a) reviews the theoretical studies on the competitive advantage of family firms from agency theory and resource-based view; (b) explores the relationship between characteristics of family firms and organizational flexibility; (c) summarizes the determinants of organizational flexibility of family firms.
Keywords :
corporate modelling; organisational aspects; agency theory; family firms; organizational flexibility; Competitive intelligence; Conference management; Contracts; Costs; Electronic commerce; Environmental economics; Monitoring; Resource management; competitive advantage; famliy firms; organizational flexibility;
Conference_Titel :
Electronic Commerce and Business Intelligence, 2009. ECBI 2009. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3661-3
DOI :
10.1109/ECBI.2009.84