Wait or pivot? Family and non-family firms' strategic responses to COVID-19 and employment change

Issah, Wunnam Basit ORCID: https://orcid.org/0000-0002-0942-8228, Calabrò, Andrea, Clauss, Thomas, Valentino, Alfredo and Matajira, Luis Diaz (2024) Wait or pivot? Family and non-family firms' strategic responses to COVID-19 and employment change. Journal of Business Research, 184. ISSN 0148-2963

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Abstract

The aim of this paper is to investigate the effects of different strategic behaviors adopted during COVID-19 pandemic on employment change (a percentage change in the number of employees) in both family and non-family firms. We use an international survey-based dataset of 2,192 family and non-family firms. We provide evidence that a pivoting strategy (transforming the business) could prevent layoffs. Finally, while transparent leadership communication positively moderates the effect of pivoting on employment change in non-family firms it shows an opposite effect in family firms.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Groups > Strategy and Entrepreneurship
Depositing User: LivePure Connector
Date Deposited: 25 Jun 2024 13:30
Last Modified: 01 Nov 2024 04:30
URI: https://ueaeprints.uea.ac.uk/id/eprint/95673
DOI: 10.1016/j.jbusres.2024.114885

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