%0 Journal Article
%T Between Kinship and Commerce: Fiduciaries and the Institutional Logics of Family Firms
%A Brooke Harrington
%A Vanessa M. Strike
%J Family Business Review
%@ 1741-6248
%D 2018
%R 10.1177/0894486518780868
%X In this study we explore how the institutions of kinship and commerce are integrated within family businesses. Previous research shows that family firms¡¯ characteristic synthesis of institutional logics often unravels during intergenerational successions; however, it remains unclear how this process can be arrested, or by whom. Through inductive analysis, we offer a novel insight: outside advisors can act as surrogates for family in this integrative role. Specifically, we identify fiduciaries¡ªprofessionals with special client obligations¡ªas key actors in preserving family firms¡¯ viability as commercial enterprises and kinship groups. Our findings contribute to theories of family businesses, professions, and institutions
%K fiduciary
%K advising
%K family firm
%K institutional logics
%U https://journals.sagepub.com/doi/full/10.1177/0894486518780868