The economics of COVID-19: initial empirical evidence on how family firms in five European countries cope with the corona crisis
The economics of COVID-19: initial empirical evidence on how family firms in five European countries cope with the corona crisis
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DOI：
10.1108/ijebr-04-2020-0214
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发表时间：
2020-05-26
影响因子：
5.5
通讯作者：
Tiberius, Victor
中科院分区：
文献类型：
--
作者：
Kraus, Sascha;Clauss, Thomas;Tiberius, Victor
目的在很短的时间内，由新型冠状病毒引发的全球大流行不仅夺走了无数人的生命，而且对日常私人生活和商业生活造成了严重限制。几乎每家公司都受到了这样或那样的影响。本文首次对新冠肺炎危机对家族企业的影响进行了实证研究，得出了关于家族企业危机管理的初步结论。设计/方法/方法探索性定性研究设计基于对处于危机不同阶段的五个西欧国家的各种规模的家族企业的关键线人进行的27次半结构化访谈。调查结果新冠肺炎危机代表着企业面临的一种新的类型和质量的挑战。这些公司正在采取的措施可以分为三种不同的战略，以在短期内适应危机，并在长期内变得更强大。我们的发现表明，所有行业和各种规模的公司如何在短时间内调整其商业模式，以适应不断变化的环境条件。最后，调查结果还表明，这场危机正在带来一场重大但意想不到的文化变革。一方面，观察到公司内部更强大的团结和凝聚力，另一方面，危机导致了试探性的数字化。据作者所知，这是管理领域第一次关于新冠肺炎对(家族)企业影响的实证研究。它为家族企业目前对危机的反应提供了跨国证据。
Purpose Within a very short period of time, the worldwide pandemic triggered by the novel coronavirus has not only claimed numerous lives but also caused severe limitations to daily private as well as business life. Just about every company has been affected in one way or another. This first empirical study on the effects of the COVID-19 crisis on family firms allows initial conclusions to be drawn about family firm crisis management. Design/methodology/approach Exploratory qualitative research design based on 27 semi-structured interviews with key informants of family firms of all sizes in five Western European countries that are in different stages of the crisis. Findings The COVID-19 crisis represents a new type and quality of challenge for companies. These companies are applying measures that can be assigned to three different strategies to adapt to the crisis in the short term and emerge from it stronger in the long run. Our findings show how companies in all industries and of all sizes adapt their business models to changing environmental conditions within a short period of time. Finally, the findings also show that the crisis is bringing about a significant yet unintended cultural change. On the one hand, a stronger solidarity and cohesion within the company was observed, while on the other hand, the crisis has led to a tentative digitalization. Originality/value To the knowledge of the authors, this is the first empirical study in the management realm on the impacts of COVID-19 on (family) firms. It provides cross-national evidence of family firms' current reactions to the crisis.