Table 1

An organizing framework of identified themes within the family firm heterogeneity literature (Daspit et al., 2021)

Temporal focusFamily-centered focus
More family-centeredLess family-centered
Long termQuadrant IQuadrant III
Succession
Socioemotional wealth
Family ownership and management
Firm size and growth
Board of directors
Internalization
Short termQuadrant IIQuadrant IV
Family-based capitalEmpreneurial behavior
Employee relations

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