The moderating role of strategic planning on the impact of family member characteristics and willingness to change towards entrepreneurial orientation of family business in Kota Kinabalu

• Main Author: Ting, Siew Hoo
• Format: Thesis
• Language: English; English
• Published: 2014
• Subjects: HD2321-4730.9 Industry
• Online Access: https://eprints.ums.edu.my/id/eprint/37660/1/24%20PAGES.pdf; https://eprints.ums.edu.my/id/eprint/37660/2/FULLTEXT.pdf; https://eprints.ums.edu.my/id/eprint/37660/

Family business consists of large majority firms in most countries. In Malaysia, it is about 70% of listed companies owned by family related business. However, there is lack of research on the entrepreneurial orientation in family business. Thus, this study aims to examine the relationship of strategic planning between family member characteristics and willingness to change that will enhance the entrepreneurship orientation of the family business in Kota Kinabalu. It was found that family member characteristics do not have relationship with the entrepreneurship orientation for family business in Kota Kinabalu. Thus, strategic planning did not have any moderating on this relationship. Meanwhile, willingness to change does have relationship with the entrepreneurship orientation in family business and subsequently, strategic planning does have moderating effect in this relationship. Strategic planning does enhance willingness to change in relation towards the entrepreneurship orientation.