Despite evidence of a positive relationship, vision’s effects on performance are not fully understood, particularly in small professional service settings. This study advances prior research using a multi-stakeholder, multi-measure approach. It reports a positive relationship between...

The performance implications of family ownership have been studied extensively. However, studies that investigate the influence of family ownership on small business growth remain scarce and suffer from several shortcomings. To remedy these shortcomings, this paper uses a very large sample of...

The vast majority of empirical research on stakeholder management has traditionally focused on multinational corporations. Only in recent years, scholars have begun to pay attention to the stakeholder management concept in relation to small- and medium-sized enterprises (SMEs). The few existing...

This paper explores the so-called small business job creation hypothesis. There are several significant findings. Firstly, we found that the base-size and current-size measures produce different results for the net job creation rate which is consistent with the results published by Davis et al....

Exogenous, non-normative shocks to small businesses such as natural disasters have been understudied. Moreover, most disaster research on small businesses has focused on business recovery as a dichotomy at one point in time. However, disaster recovery for small businesses is an iterative process...

Purpose of this paper is to offer a pragmatic tool for management and marketing practitioners in small businesses. The name of the tool is Prioritized Action for Marketing Improvements (PAMI). This work gives an overview of marketing and strategy processes in small businesses and a brief...

Allotment and subcontracting are the two procedures enabling small businesses to participate in procurement. We compare these two procedures in the context of a procurement contract awarded by a first-price sealed-bid auction. We assume that the public buyer wishes to fulfil two different goals:...

The words ? ?strategic?, ?scanning? ? have to be redefined when applied to small business firms. Indeed, the specific nature of the entrepreneurial firms requires challenging managerial definitions of SME. That specificity is primarily due to the central role of the entrepreneur. Thus,...