Role of Family Resources in Firm Performance: Evidence from Tanzania

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dc.creatorUrassa, Goodluck C.
dc.date2016-09-14T11:30:16Z
dc.date2016-09-14T11:30:16Z
dc.date2014-05-04
dc.date.accessioned2018-04-18T12:36:46Z
dc.date.available2018-04-18T12:36:46Z
dc.descriptionFull text can be accessed at http://www.tandfonline.com/doi/abs/10.1080/15228916.2014.920607
dc.descriptionThe 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.identifierCharles, G., 2014. Role of family resources in firm performance: Evidence from Tanzania. Journal of African Business, 15(2), pp.122-135.
dc.identifierhttp://hdl.handle.net/20.500.11810/3694
dc.identifier10.1080/15228916.2014.920607
dc.identifier.urihttp://hdl.handle.net/20.500.11810/3694
dc.languageen
dc.publisherTaylor & Francis
dc.subjectFamily business
dc.subjectFamily resources
dc.subjectFirm performance
dc.titleRole of Family Resources in Firm Performance: Evidence from Tanzania
dc.typeJournal Article, Peer Reviewed

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