Search results for "Family business"
showing 10 items of 104 documents
Trust and reputation in family businesses: A systematic literature review of past achievements and future promises
2021
Family businesses have traditionally been recognised for their trustworthiness and reputation. Interestingly, the extant literature suggests the influence of reputation and trust on family businesses’ long-term financial success. However, despite the increasing attention the topic has received, a comprehensive overview of trust and reputation in family businesses remains lacking. The current study aims to critically examine and review the extant research on trust and reputation in the context of family businesses and uncover current research trends and future research opportunities. We identified and critically analysed 93 studies through a stringent search protocol and content analysis to …
The concept of the good in the context of family entrepreneurship culture : entre-pology of Russian family-owned businesses
2013
The interrelation between socio-spatial and institutional context and family business characteristics
2019
Tomaselli, Agrò, Fazio e Fricano show how family firms draw strength from the regional institutional context (where the region is properly intended as an administrative sub-unit at national level), as well as contribute to its evolution via their own actions. The variation in family competencies and internal dynamics lead to differences in family firms's overlla performance. The relationship with the regional institutional system in mutually sinergic - even marginal family businesses add their voice to whole, resulting in grater collective political influence, and at the same time the institutions at the regional level provide some degree of legitimacy to all players.
Family business internationalization: an insight into opportunities and challenges.
2020
The theme of internationalization in family businesses is a highly topical issue that is increasingly attracting management scholars. This is because, in addition of being a particular type of business (Alcorn, 1982), they play a central role in most economies worldwide. Accounting for 65-80 percent of all the world’s firms, they generate around 70-90 percent of annual global GDP, and are the source of 50-80 percent of new jobs in most countries. Their essence lies in the close bond they have with their founders and above all, in the family’s involvement in the business ownership and management (Franco and Prata, 2019). This bond may prove to be a limit for fuelling internationalization pro…
The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics
2021
Considering the heterogeneity of family firm behaviors as reflecting the values, biases, and heuristics of individuals, we discuss the implications of the psychological foundations of management in family firms. We develop a conceptual framework for investigating how the values, biases, and heuristics of family and nonfamily members affect strategic decision-making and the outcomes of family firms. To advance the field, we put forward some relevant questions and offer a future research agenda at the intersection of the psychological foundations of management and family business.
Success factors of Polish family businesses
2017
This article presents the results of a study carried out among family businesses operating in Poland. It is intended to supplement previously generated knowledge in the area of the operation of family businesses in the specific socio-economic and legal conditions in Poland. The objective was to collate the opinions of entrepreneurs regarding the need for visibility of the family and the family business status in business relations and the marketing activities of enterprises. The data were collected using in-depth interviews with the Polish family business owners. This paper outlines the conclusion of the study with respect to success factors such as: the trust among the family members, flex…
Family business branding : communicating a family-based brand identity
2017
Scholars suggest that family-owned businesses can capitalize on their family ties by promoting the fact that they are family-owned in their marketing communications. Existing research suggests that promoting the familial component of a family-owned business can evoke positive associations with the business' stakeholders, increase employee loyalty and motivation, and be a source of competitive advantage against non-family businesses. Although there is an increasing awareness that family-owned businesses can benefit from promoting the fact that they are family-owned in their marketing and branding efforts, very little literature exists on how such a strategy is effectively implemented. By app…
A content analysis on family firms' association annual questionnaire
2010
The aim of this paper is to analyze the content of a questionnaire that is used in order to conduct a Finnish Family Firms’ Association’s annual barometer for its members. The content of the questionnaire is reflected to a relevant theory and compared with two other fairly similar questionnaires. Based on the analysis, reflections, and comparisons some suggestions for questionnaire modification are presented. The research question concerns what kind of data may be essential to measure among Finnish family firms. This paper aims at enhancing the Finnish Family Firms’ Association to conduct a questionnaire that may allow even deeper understanding on the situation and position of family busine…
A study of emotions in the family business succession
2013
The aim of this paper is to analyze the family business literature in order to find out how emotions are studied in the context of family business succession. Methodologically, the data was collected by reviewing the chosen literature. The object is to search how the concept of emotions is understood in the succession process and what definitions of emotions there can be found in the literature. Based on the literature from the field of family business there is conducted a concept analysis. Accordingly the research question guiding this study is: How emotions in the succession process are studied and understood in the literature of family business field? To be able to find answer to this qu…
The intersection between family dynamics and e-commerce strategy in family businesses: Empirical investigation in China
2021
This book chapter aims to contribute to increase our understanding of how e-Commerce strategy is designed, implemented, and influenced by family dynamics in family businesses, in China. Our research followed an exploratory and qualitative approach to analyse e-Commerce adoption by three Chinese family businesses, two of which were located in Beijing and one in Xinjiang. We used semi-structured interviews with key informants in the firms, focused on business history, business resources, as well as its corporate and e-Commerce strategies, and the family influence on the adoption of such strategies. The interviews were prepared based on the findings of a preliminary review of the literature on…