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Role of Family Resources in Firm Performance: Evidence from Tanzania

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dc.creator Urassa, Goodluck C.
dc.date 2016-09-14T11:30:16Z
dc.date 2016-09-14T11:30:16Z
dc.date 2014-05-04
dc.date.accessioned 2018-04-18T12:36:46Z
dc.date.available 2018-04-18T12:36:46Z
dc.identifier Charles, G., 2014. Role of family resources in firm performance: Evidence from Tanzania. Journal of African Business, 15(2), pp.122-135.
dc.identifier http://hdl.handle.net/20.500.11810/3694
dc.identifier 10.1080/15228916.2014.920607
dc.identifier.uri http://hdl.handle.net/20.500.11810/3694
dc.description Full text can be accessed at http://www.tandfonline.com/doi/abs/10.1080/15228916.2014.920607
dc.description The main purpose of this article is to examine the role of intangible family resources in the performance of family enterprises in Tanzania. In particular, the article examines the role of information sharing, family patient capital and family labor in firm performance. Using a sample of 163 family firms and the structural equation model of analysis, the findings indicate that family patient capital and information sharing contribute significantly to the performance of firms. With regard to the cost of labor, the study does not show any evidence that lower labor costs improve family firms' performance, most probably because these businesses incur additional labor costs which are not directly linked to the business. Based on the results, it is concluded that the family has an influence on the strategic level of family businesses, thereby contributing to their success.
dc.language en
dc.publisher Taylor & Francis
dc.subject Family business
dc.subject Family resources
dc.subject Firm performance
dc.title Role of Family Resources in Firm Performance: Evidence from Tanzania
dc.type Journal Article, Peer Reviewed


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