Due to the thrive of family businesses in the current economic situation, to solve the problem of the definition of these businesses, in this paper we suggest using a scale that measures the quality of family influence through three dimensions: power, experience, and culture. | The impact of F-PEC scale and strategic planning in the family business Accounting 4 2018 11 20 Contents lists available at GrowingScience Accounting homepage ac The impact of F-PEC scale and strategic planning in the family business Nazanin Haji Mirza Hossein Yazdia Department of Management and Accounting South Tehran Branch Islamic Azad University Tehran Iran a CHRONICLE ABSTRACT Article history Due to the thrive of family businesses in the current economic situation to solve the problem Received January 9 2017 of the definition of these businesses in this paper we suggest using a scale that measures the Received in revised format quality of family influence through three dimensions power experience and culture. The January 11 2017 family influence on power experience and culture F-PEC scale as well as strategic planning Accepted May 22 2017 Available online have been tested precisely using a random sample of more than 211 people from two companies May 24 2017 of Golestan and Shemshal industrial group located in Tehran Iran through using the Keywords confirmatory factor analysis technique. The Scale shows a high level of reliability. F-PEC has Family business been used in a number of studies to theoretical development particularly in terms of the impact Culture of family influence on the individual resources and as a source of competitive advantage. In Power this research strategic planning is also considered as a source of competitive advantage and its Family experience impact on the success of the family business has been investigated. Strategic planning 2018 Growing Science Ltd. All rights reserved. 1. Introduction During the past few years family business has been considered as a separate academic discipline since the 1990s Chua et al. 1999 Carlock amp Ward 2001 Witt 2003 Chrisman et al. 2003a 2003b . Small family businesses do not just represent small scale economic activity but they are the outcome of entrepreneurial .
