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How is risk different in family and non-family businesses? - a comparative statistical analysis during the COVID-19 pandemic

dc.contributor.authorSantos, E.
dc.contributor.authorRatten, Vanessa
dc.contributor.authorTavares, F.
dc.contributor.authorRatten, V.
dc.date.accessioned2024-01-03T10:45:54Z
dc.date.available2024-01-03T10:45:54Z
dc.date.issued2021-11-26
dc.date.updated2023-12-22T19:05:10Z
dc.description.abstractAbstract Purpose – Risk is part of corporate activity and a consequence of the businesses’ demands, the market and the changes in companies and their surroundings. The way that risk is managed is different between family and non-family businesses. The paper aims to compare the different risk types experienced in the context of the coronavirus disease (COVID-19) pandemic among family and non-family businesses and to analyze whether operational, legal, strategic and image risks influence financial risks. Design/methodology/approach – The nature of the study is quantitative and based on a questionnaire survey that analyses the perception of risks by 1,090 family businesses and 557 non-family businesses. Findings – The results show the existence of statistically significant differences in the perception of financial and legal risks between family and non-family businesses, where the former being the businesses that give more importance to these risks. The perception of operational, legal, strategic and image risks have a positive influence on the perception of financial risk in family and non-family businesses. Originality/value – The results obtained in the study are important because they allow an understanding about the differences in risk management between family and non-family businesses, which can lead to greater corporate sustainability and increased financial performance.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationSantos, E., Tavares, V., Tavares, F.O. and Ratten, V. (2022), "How is risk different in family and non-family businesses? A comparative statistical analysis during the COVID-19 pandemic", Journal of Family Business Management, Vol. 12 No. 4, pp. 1113-1130. https://doi.org/10.1108/JFBM-10-2021-0123pt_PT
dc.identifier.doi10.1108/jfbm-10-2021-0123pt_PT
dc.identifier.eid2-s2.0-85120625615
dc.identifier.issn2043-6238
dc.identifier.slugcv-prod-2762749
dc.identifier.urihttp://hdl.handle.net/10400.8/9147
dc.language.isoengpt_PT
dc.publisherEmeraldpt_PT
dc.relation.publisherversionhttps://www.emerald.com/insight/content/doi/10.1108/JFBM-10-2021-0123/full/htmlpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectDecision-makingpt_PT
dc.subjectRisk analysispt_PT
dc.subjectRisk perceptionpt_PT
dc.subjectRisk managementpt_PT
dc.subjectCorporate riskpt_PT
dc.subjectFamily businessespt_PT
dc.titleHow is risk different in family and non-family businesses? - a comparative statistical analysis during the COVID-19 pandemicpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage1130pt_PT
oaire.citation.startPage1113pt_PT
oaire.citation.titleJournal of Family Business Managementpt_PT
oaire.citation.volumeVol. 12, N.º 4pt_PT
person.familyNameSantos
person.givenNameEulália Maria Mota
person.identifierAAO-4024-2020
person.identifier.ciencia-idD515-A6BD-A750
person.identifier.orcid0000-0001-8069-2657
person.identifier.scopus-author-id37089304300
rcaap.cv.cienciaidD515-A6BD-A750 | Eulália Maria Mota Santos
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationef54e890-81e1-4ae4-a2eb-7c64921798f4
relation.isAuthorOfPublication.latestForDiscoveryef54e890-81e1-4ae4-a2eb-7c64921798f4

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