Family Structure, Organizational Power Structure and Family Firm Geographic Diversification Behavior: An Empirical Study Based on Social Constructivism

Abstract

Abstract:

Based on the views of social constructivism and empirical research method, this paper analyzes the social basis of corporate geographic diversification behavior, and proposes a new social construction of family firm behavior. Firstly, under the context of Chinese transition economy, we distinguish the different types of embedded family structures and organizational power structures, and analyze how embedded family structure can affect the corporate geographic diversification behavior; secondly, we analyze the inherent theoretical mechanism of how corporate geographic diversification behavior affects the embedded family structure; finally, we provide an empirical study based on the data of listed Chinese family firms. The results show that:the embedded family structure affects the organizational power structure by affecting the socioemotional wealth investment of actual controller(s), and then affects the corporate geographic diversification behavior; the behavior of corporate geographic diversification can also affect the embedded family structure by affecting the corporate performance. Our research confirms the interaction relationship between embedded family structure and corporate geographic diversification behavior and the reciprocal causation relationship between them in the process of social construction.

Key words: family structure, organizational power structure, geographic diversification, social constructivism

Han Xueliang, Wang Xiao, Dong Feng. Family Structure, Organizational Power Structure and Family Firm Geographic Diversification Behavior: An Empirical Study Based on Social Constructivism[J]. , 2019, 31(12): 181-193.

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