Current Projects

Successful Transgenerational Entrepreneurship Practices - STEP

Leading Australian family businesses are being approached to join ACFB scholars in the STEP Project, which addresses one of the greatest challenges faced by business families worldwide- growth and continuity that spans many generation.
View the live podcasts from the Asia/Pacific Rim launch of the Step Project 2007.
For more details see Press Release or contact Dr Justin Craig jcraig@bond.edu.au

Research Papers

Agency issues in professional family businesses: Known and unknown differences from non-family businesses. Ken Moores and Justin Craig

Family business research in top-tier journals 1994-2005: Approaching a tipping point. Ken Moores and Justin Craig

Moderating effects of strategic flexibility in the strategic planning to innovation relationship: A two-study comparison of family and non-family firms. Justin Craig and Clay Dibrell

Power and authority in business families. Justin Craig and Gavin Cassar

Toward a model of issue selling in family businesses. Justin Craig and David Baldridge and Yan Ling

Using valued outcomes analysis to explain potentially disruptive individual behavior in family businesses: An exploratory study. Justin Craig and Vicki Bitsika

Doctoral Theses

Pradeep Dharmadasa: Family firms and firm performance: A learning organisation perspective. Supervisor: Professor Ken Moores.

Wayne Irava: The effect of familiness qualities on the ability of Family Firms to deploy an entrepreneurial orientation and its impact on long-term performance advantage. Supervisor: Professor Ken Moores.

Mark Yupitin: Agency trade-offs in family firms. Supervisor: Professor Ken Moores.

 Life in Small Business in Australia: Evidence from the HILDA Survey

Listen to Justin Craig's radio interview on ABC Radio National “Life Matters” Tuesday August 7, 2007

Abstract
Comparatively, very little of the Household Income and Labour Dynamics (HILDA) data set has been used to analyse the activities of Australian small business owner-operators, even though there are currently some 1.8 million small firms in existence. Using multiple waves of the HILDA survey, in this paper we investigate three important research questions related to life in a small business in Australia. Question one seeks to uncover differences between small business respondents and employees of private sector firms. The second question then examines whether the factors that contribute to life satisfaction are different for the self-employed and the employee groups. The third question aims to establish the effect that business closure has on individual functioning by comparing the perceptions of respondents whose business closes with those whose businesses continue to trade on many of the variables introduced in the first research question. Our principal findings are that the level of satisfaction between the self-employed and employee groups does differ significantly, and that the self-employed are more satisfied with their lives and their jobs than their employee counterparts.

The Perfect Boss is Yourself, Sunday Mail (QLd), August 19.
Read the full article.