... Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only Stakeholder engagement Long-term orientation Next-generation orientation Family functioning Family relational dynamics Firm performance Family firm While a definite and conclusive answer about...

... on the functioning of the family, whereas family involvement in the top management team diminishes the firm's competitive advantage. In turn, this study demonstrates that both family functioning and competitive advantage are positively related to firm performance. Originality/value By taking into consideration...