Family firm performance through transformational CEO leadership and familiness-related team forces
- Purpose. The purpose of this study is to test the role of familiness-related team forces induced by the CEO of family firms. In particular, we report on the effects of the transformational leadership style of CEOs on their respective top-management team (TMT) and firm performance when viewed through a familiness lens. Design/methodology/approach. Survey measures were taken from a snowballed sample of 72 CEOs of German family firms as well as from 245 members of their TMTs. We tested the aggregated firm-level data with objective performance indicators of the firms they led. Findings. Support was obtained for the three hypothesized team-force mediations and the four-path mediation model. The relationship between CEO’s transformational style and high family-firm performance is found to be serially mediated by TMT cohesion, behavioral integration and efficacy. Together, these three types of collective forces are assumed to be the familiness effect of a family-member CEO with a transformational leadership style. Originality. With our model we quantitatively tested familiness-type forces vis-à-vis firm performance. Theoretical and practical implications of these findings are discussed.
Verfasserangaben: | C. Neffe, C.P.M. Wilderom, F. Lattuch |
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DOI: | https://doi.org/10.1108/LODJ-09-2023-0536 |
ISSN: | 0143-7739 |
Titel des übergeordneten Werkes (Englisch): | Leadership & Organization Development Journal |
Dokumentart: | Beitrag in einer (wissenschaftlichen) Zeitschrift |
Sprache: | Englisch |
Datum der Veröffentlichung (online): | 29.04.2024 |
Jahr der Erstveröffentlichung: | 2024 |
Betreiber des Publikationsservers: | FH Münster - University of Applied Sciences |
Datum der Freischaltung: | 30.04.2024 |
Freies Schlagwort / Tag: | Executive Leadership, employee behaviors, Team-oriented leadership |
Band / Jahrgang: | 45 |
Ausgabe / Heft: | 6 |
Erste Seite: | 992 |
Letzte Seite: | 1010 |
Fachbereiche: | Oecotrophologie · Facility Management (OEF) |
Center for Real Estate & Organization Dynamics | |
Publikationsliste: | Lattuch, Frank |
Lizenz (Deutsch): | Bibliographische Daten |