TY - JOUR
T1 - Determinants of family business resilience after a natural disaster by gender of business owner
AU - Danes, Sharon M.
AU - Lee, Jinhee
AU - Amarapurkar, Sayali
AU - Stafford, Kathryn
AU - Haynes, George
AU - Brewton, Katherine E.
PY - 2009/12
Y1 - 2009/12
N2 - Using National Family Business Panel data combined with national natural disaster and federal disaster assistance data, the purpose of the study was to investigate relative contributions of human, social and financial capital; natural disaster exposure; and federal disaster assistance to business-owning family resilience over time for male and female family business owners. With a theoretical foundation of Sustainable Family Business and Conservation of Resources theories, the study examined 311 small family firms from the National Family Business Panel. Federal disaster assistance explained a significant amount of variance in firm-owning resilience. Higher levels of federal disaster assistance were associated with lower family firm resilience for male-owned businesses and higher family firm resilience for female-owned businesses. This study advances knowledge of firm sustainability after natural disasters by adding to the conceptualization and measurement of family firm resilience; by having baseline firm financial data prior to disaster exposure; by utilizing a national, representative, longitudinal family firm sample; by including a range of natural disasters and federal disaster assistance; and by including family resilience over time.
AB - Using National Family Business Panel data combined with national natural disaster and federal disaster assistance data, the purpose of the study was to investigate relative contributions of human, social and financial capital; natural disaster exposure; and federal disaster assistance to business-owning family resilience over time for male and female family business owners. With a theoretical foundation of Sustainable Family Business and Conservation of Resources theories, the study examined 311 small family firms from the National Family Business Panel. Federal disaster assistance explained a significant amount of variance in firm-owning resilience. Higher levels of federal disaster assistance were associated with lower family firm resilience for male-owned businesses and higher family firm resilience for female-owned businesses. This study advances knowledge of firm sustainability after natural disasters by adding to the conceptualization and measurement of family firm resilience; by having baseline firm financial data prior to disaster exposure; by utilizing a national, representative, longitudinal family firm sample; by including a range of natural disasters and federal disaster assistance; and by including family resilience over time.
KW - Family business resilience
KW - Federal disaster assistance
KW - Sustainable Family Business Theory (SFBT)
UR - http://www.scopus.com/inward/record.url?scp=76449112812&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=76449112812&partnerID=8YFLogxK
U2 - 10.1142/S1084946709001351
DO - 10.1142/S1084946709001351
M3 - Article
AN - SCOPUS:76449112812
SN - 1084-9467
VL - 14
SP - 333
EP - 354
JO - Journal of Developmental Entrepreneurship
JF - Journal of Developmental Entrepreneurship
IS - 4
ER -