Search results for "Family Busine"
showing 8 items of 108 documents
Management Simulator as an Instrument to Aid Turning “Stunted Growth” Round in Family Businesses
2008
This paper is the fourth in a series which has described the role and construction of simulation models and a ‘Management Flight Simulator’ that could aid the entrepreneur-owners of so-called ‘dwarf’ or ‘stunted growth’ small firms to break out from the constraints holding them back. While the research presented to date has highlighted the issues in such companies, and has suggested that in many situations relatively simple changes only might be needed to unleash the growth potential of such firms, effecting such changes is not likely to be that “simple” in real life. It has to be possible for affected owner-entrepreneurs to understand a number of factors: that there is a problem (or opport…
Understanding family dynasty: Nurturing the corporate identity across generations
2010
This study aims to analyse the Ahlstrom annual reports. The content analysis contributes to family business corporate identity. According to the results family business corporate identity is based both on history and on the future. Human resource management, customer relationships, high quality, and also family ownership reflect corporate identity in large family corporations. Modern family business corporate identity is based on continuously developing the business concept and its core competency. Meeting the needs of customers and technical quality standards combined with upgrading and developing the business idea characterises family business corporate identity. peerReviewed
A Family Dimension in SME Owner-Managers Ownership Profiles A Psychological Ownership Perspective
2008
This paper introduces a contextual model of ownership that consists of social, action and object dimensions. We build on business ownership and family business literatures as well as that of the psychology of ownership to analyze small business owner-managers’ ownership profiles. In the empirical section we show that distinct ownership profiles can be identified and that those owner-managers who view their business as a family business have distinct profiles from those of non-family business owners. Our analysis shows that family business profiles include care-taking, stewardship and continuity as well as a perception of the company as a tool for achieving other valuable things in the world…
Case Studies in Family Business Research
2012
Based on a review of 63 case studies from the family business field, the authors emphasize the potential of critical realist case studies for family business scholars. The review revealed that the positivistic case study introduced by Yin and Eisenhardt is the disciplinary convention of family business field. Since there are several events and mechanisms underspinning social phenomena, such as succession, they need to be both explanained (erklären, matching the positivist view) and understood (verstehen, matching the constructivist/interpretive view) which is the staring point of critical realism (Bhaskar, 1998; Sayer, 1992). Hence critical realis ontology can be very fruitful for future st…
International joint venturing : understanding entry to Chinese market area through cultural dimension analysis and network theory
2012
The main aim of this thesis is to analyze how Joint Venture Company survives in China with special policy and environment. With China implemented reform and opening to outside world, China has developed at a supernormal speed in absorbing foreign investment and has made great achievements attracting the world attention. Many foreign companies want to expand business into Chinese market. As one form of market entry, Joint Venture companies have more advantages for further development. The analyses of the paper are mainly based on an interview for a Finnish Technology company in Kajaani City. From the understanding of the Cultural dimension and the internationalization of the Network theory, …
The role of social capital in intra-family succession : ensuring the transition of networks to the second generation
2017
Given the era of the new economy the role of social capital is even more important and the preservation and transfer of it in a situation of intra-family succession should be one of the major considerations when conducting succession planning. Relationships as form of assets are often neglected and this study emphasizes the role of social capital in the future success of a company. The aim of this study is to shed light on the role of social capital during succession and focus on the competitive advantage it is able to bring to the company. This study uses qualitative and interpretive analysis approach in order to determine the role of social capital, the creation and management of social n…
Internationalization of family-controlled SMEs from the process, network and socioemotional wealth perspectives
2016
Perheyritysten kansainvälistyminen on saanut vähän huomiota kansainvälisen liiketoiminnan tutkimusalalla. Tämä laadullinen tapaustutkimus tarttuu tähän tutkimusaukkoon ja lähestyy teemaa jopa perheyritysten kansainvälistymistutkimuksessa itsessään suhteellisen vähälle huomiolle jääneiden näkökulmien kautta: prosessi, verkosto ja sosioemotionaalinen vauraus (socioemotional wealth, SEW). Tämä tutkimus tarjoaa vastauksia siihen, kuinka perheiden kontrolloimat pk-yritykset rakentavat kansainvälisiä verkostoja, minkälaisia ulkomaiset verkostosuhteet ovat ja missä määrin SEW selittää yritysten kansainvälistymistä. Jotta tutkimustavoitteilla olisi heijastuspintaa, tutkimusta varten tehtiin kattava…