Narratives of and for survival in family firms: family influence on narrative processing

• DOI: 10.1108/jfbm-06-2024-0114
• Publication Date: 2024-08-05T10:41:05Z
• Authors: Britta Boyd; Tobias Koellner; Tom Arne Ruesen; Heiko Kleve
• Keywords: 0502 economics and business; 05 social sciences

PurposeResilience of long-lived family businesses has been widely acknowledged but the mechanisms enabling longevity need to be further investigated. This can be done by examining how narratives about crisis situations are processed in family firms.Design/methodology/approachBased on narrative interviews, this qualitative study examines how crisis situations have been dealt with and narrated by long-lived German family firms.FindingsNarratives of survival can have a strengthening effect so they become also narratives for survival. The analysis reveals how the constructive management of crises contributes to emotional attachment, identification and commitment and also strengthens resilience and longevity.Originality/valueThe study contributes to narrative identity theory by answering calls for narrative analysis and capturing the influence of narratives on family firms and business families. The discussion of the findings leads to the narrative processing model showing how past crises are processes to gain identity and resilience in the future and how the business family can influence this process.