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The F–PEC Scale of Family Influence: Construction, Validation, and Further Implication for Theory
- Source :
- Entrepreneurship Theory and Practice. 29:321-339
- Publication Year :
- 2005
- Publisher :
- SAGE Publications, 2005.
-
Abstract
- For a solution to the family business definition dilemma, we propose the application of a scale that assesses the extent and the quality of family influence via the measurement of three dimensions: Power, Experience, and Culture. The Family Influence on Power, Experience, and Culture (F–PEC) scale is tested rigorously, utilizing a sample of more than 1,000 randomly selected companies, through the application of exploratory and confirmatory factor analytic techniques. The scale demonstrates high levels of reliability. F–PEC has been applied in a number of studies, contributing to theory development, particularly in terms of the impact of family influence on distinct resources, and as a source of competitive advantage.
- Subjects :
- Economics and Econometrics
Scale (ratio)
Family business
media_common.quotation_subject
05 social sciences
050401 social sciences methods
Sample (statistics)
Development theory
Competitive advantage
Dilemma
0504 sociology
0502 economics and business
Econometrics
Quality (business)
Sociology
Business and International Management
Marketing
050203 business & management
Reliability (statistics)
media_common
Subjects
Details
- ISSN :
- 15406520 and 10422587
- Volume :
- 29
- Database :
- OpenAIRE
- Journal :
- Entrepreneurship Theory and Practice
- Accession number :
- edsair.doi...........96b1adc1ac5b8e5ab74a5fce74cfd00f