Dynamic familiness capabilities and family business growth: A longitudinal perspective framed within management accounting.

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Publisher: Elsevier B.V.
Document Type: Report; Brief article
Length: 265 words

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Keywords Family business; Management accounting; Dynamic capabilities; Familiness; Resource-based view; Strategic resources Abstract This paper examines how dynamic capabilities evolve in relation to familiness resources in order to facilitate family business growth and the way the context underpins dynamic capabilities in the family business. Drawing on an abductive research logic, it explores through a longitudinal in-depth case study and document analysis the way that dynamic capabilities and familiness resources have been deployed by a Greek-owned international shipping company over a twenty-five-year period. The findings highlight the influences exerted by the controlling family on the searching, seizing, and reconfiguring processes within management accounting to enable the reconfiguration of familiness resources in the firm across the dimensions of product strategy, governance, networking and staffing, and financing. These reconfigurations are essential in facilitating company development throughout critical growth junctures. We provide theoretical extensions to the resource-based view (RBV) through an integration of the concept of familiness and dynamic capability view, contextualized theorization, and temporal theorization. Author Affiliation: (a) University of Central Lancashire Cyprus, 12 -- 14 University Avenue Pyla, 7080 Larnaka, Cyprus (b) Department of Hotel and Tourism Management, Cyprus University of Technology, 115 Spyrou Araouzou Str., 3036 Limassol, Cyprus (c) School of Management and Economics, Cyprus University of Technology, 30 Archbishop Street, 3036 Limassol, Cyprus (d) University of Nicosia, 46 Makedonitissas Avenue, CY-2417, P.O. Box 24005, CY-1700 Nicosia, Cyprus * Corresponding author. Article History: Received 9 March 2020; Revised 6 January 2021; Accepted 10 January 2021 Byline: Loukas Glyptis [LGlyptis@uclan.ac.uk] (a), Elias Hadjielias [elias.hadjielias@cut.ac.cy] (b), Michael Christofi [michael.christofi@cut.ac.cy] (c,*), Olga Kvasova [OKvasova@uclan.ac.uk] (a), Demetris Vrontis [vrontis.d@unic.ac.cy] (d)

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Gale Document Number: GALE|A653760050