26 documents found, page 1 of 3
Fast or slow? Decision-making styles in small family and nonfamily firms
Pimentel, Duarte Nuno Gonçalves; Scholten, Marc; Couto, João PedroPurpose – The purpose of this paper is to explore differences in the decision-making styles between family and nonfamily firms, while assessing how family participation relates to the use of decision-making styles within family firms. Design/methodology/approach – The empirical evidence is provided by a sample of 155 firms, located in the Azores, Portugal, 82 family controlled and 73 nonfamily controlled firms....
Entrepreneurial orientation in family firms: Looking at a european outermost re...
Pimentel, Duarte Nuno Gonçalves; Couto, João Pedro; Scholten, MarcThis study addresses a current debate in the family business literature involving the extent to which the family business context hinders or promotes entrepreneurial behavior. The empirical evidence is provided by 155 small-sized firms, 82 family-controlled and 73 nonfamily-controlled, operating in an outermost region, the Autonomous Region of the Azores. This study analyzes the differences between family and n...
Profiling family firms in the Autonomous Region of the Azores
Pimentel, Duarte Nuno Gonçalves; Scholten, MarcThis study aims to profile family firms located in the Autonomous Region of the Azores. Using a sample of 82 family-controlled firms, we were able to create the profile of these firms, by looking at several important profiling aspects such as ownership and governance, experience and management, and corporate culture. While other indicators are also taken into account: sector of activity, years in business, numb...
Time and outcome framing in intertemporal tradeoffs
Scholten, Marc; Read, DanielA robust anomaly in intertemporal choice is the delay–speedup asymmetry: Receipts are discounted more, and payments are discounted less, when delayed than when expedited over the same interval. We developed 2 versions of the tradeoff model (Scholten & Read, 2010) to address such situations, in which an outcome is expected at a given time but then its timing is changed. The outcome framing model generalizes the ...
Impact of M&As on organizational performance: The moderating role of HRM centra...
Correia, Manuela Faia; Cunha, Rita Campos e; Scholten, MarcIn this study, we examine how the effects of mergers and acquisitions on organizational performance are moderated by human resource management (HRM) centrality. We differentiate three types of ownership change: mergers, bidder, and target acquisitions. The study is anchored on the literatures addressing strategic human resource management and strategic contingencies of intra-organizational power. In an analysis...
DRIFT: An analysis of outcome framing in intertemporal choice
Read, Daniel; Frederick, Shane; Scholten, MarcPeople prefer to receive good outcomes immediately rather than wait, and they must be compensated for waiting. But what influences their decision about how much compensation is required for a given wait? To give a partial answer to this question, we develop the DRIFT model, a heuristic description of how framing influences intertemporal choice. We describe 4 experiments showing the implications of this model. I...
Tradeoffs between sequences: Weighing accumulated outcomes against outcome-adju...
Read, Daniel; Scholten, MarcWe extend the recently proposed tradeoff model of intertemporal choice (Scholten & Read, 2010) from choices between pairs of single outcomes to pairwise choices involving two-outcome sequences. The core of our proposal is that choices between sequences are made by weighing accumulated outcomes against outcome-adjusted delays. Thus extended, the tradeoff model offers a unified account of recently discovered anom...
Efeitos contextuais na escolha intertemporal : Evidência contra modelos de desc...
Pimentel, Duarte Nuno Gonçalves; Gonçalves, Gui; Scholten, Marc; Carvalho, Pedro Le Mattre de; Correia, Manuela FaiaA escolha intertemporal tem estreita ligação com fenómenos que estão na ordem do dia, tais como comportamentos de poupança, consumo e investimento. Este estudo constituir-se-á como um avanço na compreensão da escolha intertemporal, na medida em que contempla contextos de escolha triádica (três opções) e não apenas de escolha diádica (duas opções), à qual se limitam a maior parte de estudos empíricos. Pela prime...
Escolha intertemporal : Enquadramento, sinal e diferimento das suas consequências
Carvalho, Pedro Le Mattre de; Scholten, Marc; Pimentel, Duarte Nuno Gonçalves; Gonçalves, Gui; Correia, Manuela FaiaDe acordo com o modelo normativo da escolha intertemporal, o Modelo de Utilidade Descontada (Samuelson, 1937), a utilidade de uma consequência futura é descontada exponencialmente consoante o diferimento. Há âmpla evidência de que as pessoas não cumprem este pressuposto. Neste estudo, 280 sujeitos realizaram uma tarefa de emparelhamento (ou matching) de forma a verificar a presença de uma nova anomalia ao desco...
Efeitos contextuais na escolha intertemporal: Evidência contra modelos de desconto
Pimentel, Duarte; Gonçalves, Gui; Scholten, Marc; Carvalho, Pedro Le Mattre de; Correia, Manuela FaiaA escolha intertemporal tem estreita ligação com fenómenos que estão na ordem do dia, tais como comportamentos de poupança, consumo e investimento. Este estudo constituir-se-á como um avanço na compreensão da escolha intertemporal, na medida em que contempla contextos de escolha triádica (três opções) e não apenas de escolha diádica (duas opções), à qual se limitam a maior parte de estudos empíricos. Pela prime...