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

Wunnam Basit Issah; Andrea Calabrò; Thomas Clauss; Alfredo Valentino; Luis Diaz  Matajira

doi:10.1016/j.jbusres.2024.114885

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

Wunnam Basit Issah, Andrea Calabrò, Thomas Clauss, Alfredo Valentino, Luis Diaz Matajira

Research output: Contribution to journal › Article › peer-review

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.

Original language	English
Article number	114885
Journal	Journal of Business Research
Volume	184
Early online date	15 Aug 2024
DOIs	https://doi.org/10.1016/j.jbusres.2024.114885
Publication status	Published - Nov 2024

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Cite this

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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.",

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AU - Matajira, Luis Diaz

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