Search results for "Family busine"
showing 10 items of 108 documents
CEOs’ Joy of Working for the Family Firm: The Role of Psychological Ownership and Stewardship Behavior
2021
Abstract In this article, we examine the factors which lead to CEOs’ joy of working for the family firm, as it is expected to contribute to their willingness to invest in its perpetuation and success. We focus on three such factors: CEOs’ collective psychological ownership, their individual psychological ownership, and CEOs’ stewardship behavior. We find that on the one hand, the relationship between CEOs’ collective psychological ownership and their joy of working for the family business is mediated by their stewardship behavior, and on the other hand, stewardship behavior mediates the relationship between CEOs’ individual psychological ownership and their joy of work. We make valuable con…
Family and non-family businesses in iran:Coupling among innovation, internationalization and growth-expectation
2021
Gallo and Sveen, in 1991, specified problems of whether family businesses can take advantage of factors facilitating internationalization. We compare family and non-family businesses in innovation, export, and growth-expectation, and consider how outcomes are aligned, with a coupling that may be loose, with a synergy that benefits the business. This raises a further issue, is governance of a business affecting not only each of the outcomes but also their coupling. A representative sample of 530 Iranian businesses was surveyed in 2018 for Global Entrepreneurship Monitor. Innovation, export, and growth-expectation are found to be lower in family businesses. Coupling between innovation and exp…
Management Capabilities and Environmental Characteristics in the Critical Operational Phase of Entrepreneurship—A Comparison of Finnish Family and No…
2003
This study seeks to clarify which factors associated with the start-up and critical operational phase of family and nonfamily firms influence the ability of those firms to survive over the critical first three years of their existence. In search of potential differences in the structural characteristics between these two types of firms, this study compares owners of Finnish family and nonfamily businesses in motives for founding the firm, characteristics of the local environment, changes in strategic factors, changes in networks, and differences in style of management. The findings revealed marked differences in individuals’ motives for founding a business: for family business owners, the …
When intentions turn into action: pathways to successful firm performance
2021
Entrepreneurship brings wealth to nations and contributes to their economic growth. People can take many paths to become entrepreneurs. Some join the family business, whilst others are born entrepreneurs, letting their innate intuition lead them into firm creation. For many, though, being able to learn and acquire the right skills is critical for a successful career as an entrepreneur. Like other human capital factors, entrepreneurial skills can be acquired. In today’s fast-changing society, it is of utmost importance for entrepreneurs not only to gain these skills but also to be surrounded by a supportive environment that will (1) guide them in the creation of their business idea and (2) h…
Innovativeness and Family-Firm Performance: The Moderating Effect of Family Commitment
2016
The positive relationship between innovativeness and firm performance is well established and applies equally to all businesses, including family firms. However, little is yet known about how the unique characteristics of family firms influence this relationship. Drawing upon the resource-based view (RBV) of the firm, this study explains how the interplay between innovativeness as a firm-specific resource and family commitment as a family-specific resource affects performance. The analysis of longitudinal survey data collected from Finnish family firms demonstrates a curvilinear (U-shaped) moderating effect of the owner family’s commitment to the firm, in that the impact of innovativeness o…
The Role of Pluriactivity for Continuity and Survival in Family Farm Firms
2014
Our study focuses on family farm firms as an important and yet under-researched type of family firms. We explore the entrepreneurial growth behavior in the context of family farm firms by focusing on the role of pluriactivity. By integrating the literature of family business strategies, EO, and growth intentions, this study of 1618 Finnish family farms seeks to understand the idea of pluriactivity as a strategic orientation of family farm firms leading towards the growth and renewal of their prevailing and future domains. Our study revealed that pluriactivity is associated with growthorientation and perceived strengths of the family farm firms. We identified four types of growth groups (Est…
Family business classification in the Czech Republic
2007
UN ESAME DEL RUOLO DEGLI INVESTITORI ISTITUZIONALI NELLO SVILUPPO DEL FAMILY BUSINESS
2008
family business
Protocolo Familiar: sus resultados
2006
L'obiettivo di questo libro è di riferire circa i principali risultati conseguiti da "protocolli familiari". Dopo una breve rassegna della letteratura sugli strumenti di pianificazione strategica nel contesto delle aziende familiari e sull'evoluzione del concetto di protocollo familiare, vengono presentati i risultati di una ricerca condotta in Spagna su un campione di cinquanta imprese familiari estratte fra le circa novanta che hanno redatto un protocollo familiare avvalendosi dell'assistenza professionale di persone direttamente coinvolte nella Cattedra di Family Business dello IESE. Obiettivo della ricerca è di identificare i risultati - positivi o negativi, duraturi o passeggeri - dire…
Internationalisation level, Distribution of Decision-Making Power and Alliance Formation: Evidence from the Italian Machine Tool Industry
2011
We explore how internationalization-orientation and family business-configuration influence the propensity of Italian Machine Tool (MT) firms to sign strategic alliances. Starting from the industry sector analysis and literature review we propose a conceptual framework explaining alliance formation determinants. Our study uses the information provided by a representative sample of Italian MT firms. We argue and our data validate that the centralization of decision-making power acts as a moderator enhancing the positive effect of the internationalization on the firm inclination in signing agreements with other companies.