Sacrifice, Protect, and Hope for the Best: Family Ownership, Turnaround Moves, and Crisis Survival,Entrepreneurship Theory and Practice

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Sacrifice, Protect, and Hope for the Best: Family Ownership, Turnaround Moves, and Crisis Survival
Entrepreneurship Theory and Practice ( IF 10.5 ) Pub Date : 2022-10-11 , DOI: 10.1177/10422587221118062
Alexandra Bertschi-Michel ₁ , Philipp Sieger ₂ , Thomas Wittig ₃ , Andreas Hack ₁

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A critical yet unanswered question for family-owned firms in a survival-threatening crisis is which turnaround moves to employ and for what reasons. Building on noneconomic goals associated with fa...

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