3. Discussions and conclusion
A family enterprise, which is an amalgam of a social system and an economic organization, requires a different paradigm to explain its structure and existence because the economic imperative of the family enterprise is materially different from those of non-family ones because of the presence of kinship ties. Concepts of performance and wealth maximization have different meanings in that the former can take on welfare overtones while the latter is defined over several generations. Thus, while the notion that family members can provide a family enterprise with a ready supply of trustworthy and satisfied employees is generally accepted (Ram & Holliday, 1993), the literature reports mixed empirical findings on the relationship between family involvement and firm performance. To shed light, we approached the question by limiting the discussion of family involvement to family employee involvement during periods of resource paucity and explaining its impact on firm survival using social identity and stewardship theories.