Particularistic and system trust in family businesses: the role of family influence
Abstract
Research on how trust develops and why it matters in family businesses is in development. Our study investigates the emergence and the evolution of trust in family business leaders. Drawing on the New Systems Theory, we also examine the impact of family influence on trust. Multiple semi‐structured interviews were performed in three Chinese family businesses. Results suggest that relationship‐based particularistic trust prevails at the start‐up stage because of the void of governance mechanisms. As businesses grow, particularistic trust gradually gives way to institution‐based system trust. Evidence further indicates high family influence catalyzes particularistic trust initially and restricts system trust subsequently.Publisher
Taylor & FrancisJournal
Journal of Small Business ManagementAdditional Links
https://onlinelibrary.wiley.com/doi/full/10.1111/jsbm.12533Type
Journal articleLanguage
enae974a485f413a2113503eed53cd6c53
10.1111/jsbm.12533
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