Measurement of independent variables related to the family and the family firm
| Variable | Item in the questionnaire | Measuring criteria |
|---|---|---|
| ABC (Affected_by_Covid) Impact of the disease on the family Dichotomous variable | Q9 Has someone from the family member who is involved in the firm been directly infected by COVID-19? | ABC = 0 if the family has not been affected by COVID-19 ABC = 1 if the family has been affected by COVID-19 |
| IOS (Impact of the COVID-19 pandemic on sales) Ordinal variable | Q5 How has the COVID-19 pandemic affected the revenues of your business? | IOS = 1 if revenues have declined as a result of the pandemic IOS = 2 if revenues have remained unchanged IOS = 3 if revenues have increased |
| FamCEO (CEO is a member of the family) Dichotomous variable | Q17 Is the current CEO a family member? | FamCEO = 0 If the CEO does not belong to the owner family FamCEO = 1 If the CEO is a member of the owner family |
| Fam_Shareholders (Family influence) Cardinal variable | Q24 How many shareholders are family members? | Number of shareholders belonging to the family |
| Variable | Item in the questionnaire | Measuring criteria |
|---|---|---|
| Q9 Has someone from the family member who is involved in the firm been directly infected by COVID-19? | ABC = 0 if the family has not been affected by COVID-19 | |
| Q5 How has the COVID-19 pandemic affected the revenues of your business? | IOS = 1 if revenues have declined as a result of the pandemic | |
| Q17 Is the current CEO a family member? | FamCEO = 0 If the CEO does not belong to the owner family | |
| Q24 How many shareholders are family members? | Number of shareholders belonging to the family |
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.