Search results for "Family Business"
showing 10 items of 104 documents
Which Competitive Strategy Fits Better to Different Family-Business Profiles?
2020
This chapter belongs to the vein of research that analyses family firms from a configurational approach. This survey explores which combination of competitive strategy, environmental turbulence, family complexity, and family firm management and governance arrangements are present when firm performance is present. This research follows Le Breton-Miller and Miller's call to gain a better understanding of the interaction between competitive strategy, environmental conditions, and family firm features. Literature reports controversial results with regard to family-business strategic preferences and firm performance, and recent research shows that this relationship needs considering both industr…
Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses
2016
The analysis of the keys to competitiveness in the tourism sector has an unquestionable justification for its importance in the Spanish economy and its global growth prospects. The need for a better understanding of the keys to the competitiveness of the tourism firm is also fuelled by the magnitude of the challenges that it faces and by the sector structure, characterised by a notable weight of family-owned businesses. The objective of this research lies precisely in developing a diagnosis of the return on capital of the tourism sector and the determinants of its evolution in the family business (FB) vs non-family business (NFB). Specifically, this study focuses on the analysis of both fir…
The “Start-up a Business” Strategy in the Succession Process Planning at the Top of Family Firms.
2019
In small family firms, succession to the top is very critical stage of their lives. A high percentage of these firms do not survive their founder. When the successor takes the reins of the company, he has no experience and reputation. For this reason, he very often fails to allow the family firm to survive after its founder. Although many streams of research address succession in family businesses, significant gaps in the literature remain in the field of the strategies that can mitigate the vulnerability of the family firms when the old leader retires and a new leader takes the reins of the company. The underlying argument in this paper is: By starting up one’s own company some years befor…
Understanding the Contesting Ideologies of Family Business: Challenge for Leadership and Professional Services
2003
This paper examines how a family business system serves as the ideological arena of three cultural forces—entrepreneurialism, managerialism, and paternalism—that are, to a great extent, contesting ideologies based on different rationalities, or schools of thought. Furthermore, it reinforces the view that a family business system is the combination of three interacting subsystems (management, ownership, and family life)—a form of business that is challenging both for leaders and professional service providers. The approach of the study is conceptual and cultural. It bases its theoretical background on the developments of Johannisson and Huse (2000) and Tagiuri and Davis (1996). A summary of…
Bonding family social capital and firm performance
2011
This study aims to empirically investigate the effect of bonding family social capital on financial firm performance. The data collection mechanism was a survey sent to all Finnish large and medium-sized FBs (staff >50) in the spring of 2008. In total, 167 questionnaires were collected indicating a response rate of 22.3%. The results are based on structural equation modelling. The results suggest that bonding family social capital has both a direct and indirect positive influence on family firm financial performance.
The Family Business in the Fishing District of Mazara del Vallo. Critical issues and Dynamics
2016
This work-in-progress paper presents the early results of a survey aiming to understand the relationship between family firms and regional development in contemporary economic, by examining the negative effects of “family inertia” on the acquisition of dynamic capabilities necessary to enhance competitiveness and establish inter-firm cooperation strategies in family businesses in the context of an industrial district. Family firms are acknowledged for playing an important role in the creation, organization, and allocation of regional resources and in regional processes. Industrial districts are recognized as fertile fields for the development of inter-firm interrelations that may produce po…
Un modelo del hombre
2009
Exploring the intersection of e-commerce and context in family business in China: the effects on organisational form and identity
2019
This chapter melds these interests of understanding how the context of e-Commerce and family business affects organisational form and subsequently organisational identity by integrating a narrative about the development of family business and e-Commerce in China with an exploratory analysis of two Chinese family businesses. Institutional theory informs this discussion (Scott, 2008: Suddaby, Elsbach, Greenwood, Meyer and Zilber, 2010). After describing why businesses adopt e-Commerce, and illustrating the contextual conditions in China that foster the development of private enterprises such as family businesses, and the adoption of e-Commerce, the chapter subsequently explores the question “…