Search results for "Founder Generation"
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Small family business performance: comparison between family and non-family enterprises
2010
This study compares small family business performance between the Finnish family and non-family enterprises. The sample (2,004 firms) was derived to represent nationally small businesses, in collaboration with the Statistics Finland (Centre) in Helsinki. The answer rate of the study was 90% (data collected by mail questionnaires and telephone interviews). The method of the study was to compare family and non-family enterprises with ROA (return on assets) on an enterprise population level (Finland). The results of the study show that most of the small family businesses are controlled by the founder generation. Founder generation performance was slightly higher than among descendant generatio…
Career Paths in Institutional Business Elites: Finnish Family Firms from 1762–2010
2015
This article analyzes the career paths of family business executives in institutional business elites in Finland using an empirical database based on a Bourdieusian prosopographical approach. The results indicate that career paths became more complex but shortened in length toward the beginning of the twenty-first century. The early career paths of family executives changed from positions as assistants and salesmen in the eighteenth and nineteenth centuries to governance, chief executive officer (CEO), and management positions in the twentieth and twenty-first centuries. Compared with the founder generation, next-generation family members benefited from more rapid institutional business eli…