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Ceasing to communicate public family firm identity: the decoupling of internally experienced and externally communicated identities.

Authors :
Boers, Börje
Ljungkvist, Torbjörn
Brunninge, Olof
Source :
Journal of Family Business Management; 2024, Vol. 14 Issue 1, p199-224, 26p
Publication Year :
2024

Abstract

Purpose: The purpose of this study is to explore how the family firm identity is affected when it is no longer publicly communicated. Design/methodology/approach: A case study approach was used to follow a third-generation family business, a large Swedish home electronics firm that acquired a competitor and, initially, continued using its family firm identity after the acquisition. This study longitudinally tracks the company and its owning family using archival data combined with interviews. Findings: The case company decided to stop communicating their identity as a family business. Such a move initially appears counterintuitive, since it potentially threatens the family firm identity and leads the firm to forgo other advantages, e.g. in branding. However, the decision was based on arguments that were rational from a business perspective, leading to a decoupling of family and firm identity. Originality/value: This study contributes to the literature by showing a decoupling of internally experienced and externally communicated identities. It further contributes to the understanding of the family firm identity concept. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20436238
Volume :
14
Issue :
1
Database :
Complementary Index
Journal :
Journal of Family Business Management
Publication Type :
Academic Journal
Accession number :
175523226
Full Text :
https://doi.org/10.1108/JFBM-01-2023-0003