Effect of the Stakeholder Salience Theory on Family Businesses Performance

Having started to develop since the second half of twentieth century, Family businesses make up approximately %50 in the world, %90 in Turkey of all businesses. For that reason, presenting a good economic performance and ensuring sustainability of Family businesses plays a critical role for the wh...

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Main Authors: Mehmet Akif ÇİNİ, Hasan Kürşat GÜLEŞ, Mustafa Atilla ARICIOĞLU
Format: Article
Language:English
Published: Gaziantep University 2018-10-01
Series:Gaziantep University Journal of Social Sciences
Subjects:
Online Access:http://dergipark.gov.tr/download/article-file/543609
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author Mehmet Akif ÇİNİ
Hasan Kürşat GÜLEŞ
Mustafa Atilla ARICIOĞLU
author_facet Mehmet Akif ÇİNİ
Hasan Kürşat GÜLEŞ
Mustafa Atilla ARICIOĞLU
author_sort Mehmet Akif ÇİNİ
collection DOAJ
description Having started to develop since the second half of twentieth century, Family businesses make up approximately %50 in the world, %90 in Turkey of all businesses. For that reason, presenting a good economic performance and ensuring sustainability of Family businesses plays a critical role for the whole world economies. Yet, the rate of taking-over the business from the founder of these businesses to the next generation gradually decreases. When the literature review, a lot of important reasons appears to be about this situation, like having more system compared to normal businesses. In the study, how the systems of Family businesses (family, business and management) effects the performance of the business through Stakeholders Salience Model (power, legitimacy and urgency) and which system will improve this performance best, is researched. Studying how the impact, salience and stakes of each system will affect economic performance of the business separately would fill that gap in the literature. In this research, in 12 provinces which consist of %71 of Family businesses in Turkey (Istanbul, Ankara, Bursa, Izmir, Konya, Gaziantep, Denizli, Kocaeli, Adana, Tekirdağ, Kayseri and Mersin), data from 308 businesses that are large-sized in terms of the number of workers they employ, are analyzed with Structural Equation Model. In the study, two main and six sub hypothesis are analyzed and all of are accepted. Consequently, a positive relationship between salience and stake of each of main stakeholder group and business performance has been determined.
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spelling doaj.art-b836d03215a84224849a5bb88269da282023-02-15T16:22:12ZengGaziantep UniversityGaziantep University Journal of Social Sciences1303-00942149-54592018-10-011741491150610.21547/jss.429086Effect of the Stakeholder Salience Theory on Family Businesses PerformanceMehmet Akif ÇİNİ 0Hasan Kürşat GÜLEŞ1Mustafa Atilla ARICIOĞLU2Selçuk UniversityKonya Gıda Tarım UniversityNecmeddin Erbakan UniversityHaving started to develop since the second half of twentieth century, Family businesses make up approximately %50 in the world, %90 in Turkey of all businesses. For that reason, presenting a good economic performance and ensuring sustainability of Family businesses plays a critical role for the whole world economies. Yet, the rate of taking-over the business from the founder of these businesses to the next generation gradually decreases. When the literature review, a lot of important reasons appears to be about this situation, like having more system compared to normal businesses. In the study, how the systems of Family businesses (family, business and management) effects the performance of the business through Stakeholders Salience Model (power, legitimacy and urgency) and which system will improve this performance best, is researched. Studying how the impact, salience and stakes of each system will affect economic performance of the business separately would fill that gap in the literature. In this research, in 12 provinces which consist of %71 of Family businesses in Turkey (Istanbul, Ankara, Bursa, Izmir, Konya, Gaziantep, Denizli, Kocaeli, Adana, Tekirdağ, Kayseri and Mersin), data from 308 businesses that are large-sized in terms of the number of workers they employ, are analyzed with Structural Equation Model. In the study, two main and six sub hypothesis are analyzed and all of are accepted. Consequently, a positive relationship between salience and stake of each of main stakeholder group and business performance has been determined.http://dergipark.gov.tr/download/article-file/543609Family BusinessStakeholder TheoryBusiness Performance
spellingShingle Mehmet Akif ÇİNİ
Hasan Kürşat GÜLEŞ
Mustafa Atilla ARICIOĞLU
Effect of the Stakeholder Salience Theory on Family Businesses Performance
Gaziantep University Journal of Social Sciences
Family Business
Stakeholder Theory
Business Performance
title Effect of the Stakeholder Salience Theory on Family Businesses Performance
title_full Effect of the Stakeholder Salience Theory on Family Businesses Performance
title_fullStr Effect of the Stakeholder Salience Theory on Family Businesses Performance
title_full_unstemmed Effect of the Stakeholder Salience Theory on Family Businesses Performance
title_short Effect of the Stakeholder Salience Theory on Family Businesses Performance
title_sort effect of the stakeholder salience theory on family businesses performance
topic Family Business
Stakeholder Theory
Business Performance
url http://dergipark.gov.tr/download/article-file/543609
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AT hasankursatgules effectofthestakeholdersaliencetheoryonfamilybusinessesperformance
AT mustafaatillaaricioglu effectofthestakeholdersaliencetheoryonfamilybusinessesperformance