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    Measuring family influence from the non-family employee perspective: The perceived family influence scale (PFIS)
    (2024) ; ;
    Ruf, Philipp Julian 
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    To further our understanding of family influence in family businesses, this study introduces the Perceived Family Influence Scale (PFIS). Departing from existing owner-centric methodologies, the PFIS uses social constructivism theory to capture family influence from the perspective of non-family employees, a frequently neglected but integral stakeholder group within the family firm ecosystem. Following a rigorous multistep development process involving 600 non-family employees, we validate the PFIS and identify three core sub-dimensions of perceived family influence: culture, organizational decision-making, and image. We also demonstrate the practical applicability of the PFIS by examining the link between perceived family influence and non-family employee job satisfaction. Grounded in social constructivism, the PFIS is a reliable instrument that allows for the collection of more unbiased and holistic data on family influence, thereby refining our understanding of family firms and advancing the family business research field.
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    The impact of SME leader’s psychological capital on strategic responses during crisis
    (2023) ; ;
    Ruf, Philipp Julian 
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    This study investigates how the Psychological Capital (PsyCap) of small and medium enterprises (SME) leaders has influenced their strategic responses, ultimately impacting the performance of their companies, during the COVID-19 pandemic. Embedded within research on behavioral micro-foundations in strategy, and based on the resource-based theory (RBT) of the individual entrepreneur as well as positive organizational behavior literature, we hypothesize that SME leaders’ psychological resources can act as a strategic advantage during crises by making them adopt cost-cutting and investment measures for their companies performance. By using a sample of 372 SMEs, we find that while leaders mostly use both measures, leaders with a high PsyCap prefer adopting investment measures, which positively influences the performance of their companies during a crisis. However, adopting cost-cutting measures lowers performance. We contribute to the entrepreneurship literature by using PsyCap in the context of the RBT of the individual entrepreneur and shedding light on which measures sustain or increase SMEs’ performance during a crisis. JEL CLASSIFICATION: D91; L25; L26; M10
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      2