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Legacy: The meaning of lasting impact for family, business, and beyond


Abstract The concept of legacy exists at the core of family business research, yet as a construct, the nature of what legacy is and why and how legacy matters across generations has been poorly understood (Hammond, Pearson, & Holt, 2016). This lack of conceptual clarity has limited legacy research in the domain of family business. In this article, we provide a comprehensive definition of legacy that can be used to draw connections across existing legacy research and open new avenues of inquiry critical to understanding both family firms and legacy itself.
Authors Matthew Fox ORCID , Kimberly A. Wade‐Benzoni ORCID , Jeffrey G. Covin University of WyomingORCID
Journal Info Elsevier BV | Journal of Family Business Strategy , vol: 15 , iss: 3 , pages: 100633 - 100633
Publication Date 6/29/2024
ISSN 1877-8585
TypeKeyword Image article
Open Access closed Closed Access
DOI https://doi.org/10.1016/j.jfbs.2024.100633
KeywordsKeyword Image Family business (Score: 0.73195726)