Search results for "Family ownership"
showing 3 items of 3 documents
Improving the likelihood of SME survival during financial and economic crises: The importance of TMTs and family ownership for ambidexterity
2019
In the context of an economic and financial crisis characterized by scarce munificence and high uncertainty, we examine the role of organizational ambidexterity in SMEs survival, and the TMT and ownership characteristics that influence ambidexterity. Our analysis of Spanish manufacturing SMEs in the context of an international economic crisis suggests that: (1) firm survival is associated with ambidexterity; (2) diversity in TMT tenure improves firm ambidexterity and (3) a negative effect exists between family ownership and ambidexterity, but (4) a positive effect exists between family ownership and survival.This study contributes to our understanding of the antecedents of SME ambidexterity…
Women behind the Scenes in Family Businesses
2007
The success of family businesses is largely due to a circular relationship in which three intangible factors enhance each other: love for the family business, trust among different business factors, and freedom of behaviour for family members (Gallo et al., 2001). These values are the cornerstone on which family members base their commitment to the business. But how can family members of advanced generations, especially those who are not active in the business, become more committed to the success of the family business? And are there gender-specific roles, as the literature on this subject seems to indicate? The research outlined in this document seeks to enlarge the current pool of knowle…