We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Do We Need to Use an Accountant? The Sales Growth and Survival Benefits to Family SMEs.
- Authors
Barbera, Francesco; Hasso, Tim
- Abstract
This article explores the relationship between the usage of an external accountant and family firm sales growth and survival. Using a longitudinal panel of Australian small and medium sized family enterprises, we find that external accountants have a positive impact on sales growth and survival. We also find that the degree to which the accountant is acquainted with the family and the firm’s needs, which we term as embeddedness, moderates these positive outcomes. Furthermore, we find that appropriate strategic planning processes are necessary to maximize the sales growth benefit; however, these processes are not necessary to gain the survival benefit.
- Subjects
ACCOUNTANTS; SALES; FAMILY-owned business enterprises; SMALL business; EMBEDDEDNESS (Socioeconomic theory); STRATEGIC planning
- Publication
Family Business Review, 2013, Vol 26, Issue 3, p271
- ISSN
0894-4865
- Publication type
Article
- DOI
10.1177/0894486513487198