Unconventional philosophies and practices: Vietnamese family firm performance in multiple countries

Simba, A ORCID: https://orcid.org/0000-0002-0276-8211, Thai, MTT, Ammari, A, Koch, JV and Jones, P, 2024. Unconventional philosophies and practices: Vietnamese family firm performance in multiple countries. Journal of Small Business Management. ISSN 0047-2778

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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.

Item Type:	Journal article
Publication Title:	Journal of Small Business Management
Creators:	Simba, A., Thai, M.T.T., Ammari, A., Koch, J.V. and Jones, P.
Publisher:	Taylor & Francis
Date:	15 November 2024
ISSN:	0047-2778
Identifiers:	Number Type 10.1080/00472778.2024.2427201 DOI 2289325 Other
Rights:	This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), 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.
Divisions:	Schools > Nottingham Business School
Record created by:	Jonathan Gallacher
Date Added:	19 Nov 2024 17:04
Last Modified:	19 Nov 2024 17:04
URI:	https://irep.ntu.ac.uk/id/eprint/52619

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