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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

Family Firm Culture and Performance: Specific Empirical Evidence

William David Brice

Open access

The purpose of this study is to connect culture and performance in family firms. Survey data measuring cultural attributes and performance were collected from 149 family-firm members in Ukraine and the U.S. Two countries of very different culture and stage of national development are included to insure the cross-cultural validity of findings. Correlation results showed significant support for the proposition that specific cultural attributes positively affect firm performance. Six out of seven cultural attributes can be shown to correlate with one or more performance measures. This research is original in finding an empirical relationship between specific cultural attributes and firm performance.

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In-Text Citation: (Brice, 2013)
To Cite this Article: Brice, W. D. (2013). Family Firm Culture and Performance: Specific Empirical Evidence. International Journal of Academic Research in Accounting Finance and Management Sciences, 3(1), 1–19.