The F-PEC Scale of Family Influence: Construction, Validation, and Further Implication for Theory
Department
Management and Entrepreneurship
Document Type
Article
Publication Date
5-2005
Abstract
For a solution to the family business definition dilemma, we propose the application of a scale that assesses the extent and the quality of family influence via the measurement of three dimensions: Power, Experience, and Culture. The Family Influence on Power, Experience, and Culture (F-PEC) scale is tested rigorously, utilizing a sample of more than 1,000 randomly selected companies, through the application of exploratory and confirmatory factor analytic techniques. The scale demonstrates high levels of reliability. F-PEC has been applied in a number of studies, contributing to theory development, particularly in terms of the impact of family influence on distinct resources, and as a source of competitive advantage.
Journal Title
Entrepreneurship Theory and Practice
Journal ISSN
1042-2587
Volume
29
Issue
3
First Page
321
Last Page
339
Digital Object Identifier (DOI)
10.1111/j.1540-6520.2005.00086.x