Search results for "firm"
showing 10 items of 975 documents
Leverage and Family Firms
2020
This chapter analyses the relationship between ownership structure and leverage, providing an integrated theoretical approach that combines traditional financial theories, agency theory, and recently developed theories relating to non-financial preferences. The results show that, after controlling for endogeneity, being a family firm has a positive effect on the propensity to incur debt. These findings add to the existing body of literature and underline the need for a multi-theoretical approach when explaining the capital structure of family firms. The authors apply panel data methodology to control for individual heterogeneity of family firms. The chapter uses a sample of Spanish firms op…
Socioemotional wealth in family business research: A systematic literature review on its definition, roles and dimensions
2022
This study aims to depict the current state of research on socioemotional wealth (SEW) in family businesses considering its definitions, roles, and dimensions. Using the SPAR-4-SLR protocol (Paul, Lim, O’Cass, Hao, & Bresciani, 2021), we develop a systematic review of literature on SEW covering 74 studies published between 2007 and 2022. We propose a comprehensive definition of SEW based on four nonfinancial aspects and an association model that reviews the roles of SEW as an antecedent, a consequence, or a moderator. We also offer a new conceptual model for SEW comprising a general dimension and ten specific dimensions to facilitate empirical inquiries into areas beyond those considered by…
Family firms and networks : the role of trust and commitment : a case study of two Finnish furniture networks
2000
Internationalization pathways of family SMEs: psychic distance as a focal point
2010
Purpose – The purpose of this paper is to investigate how psychic distance affects the internationalization process, foreign market entry (FME), and entry mode choice of Finnish small and medium-sized family enterprises (family SMEs) operating in France. Design/methodology/approach – The paper reports findings from an in-depth case study covering four Finnish manufacturing family SMEs operating in the French market. The data were analyzed using the Uppsala model and distance creating and distance-bridging factors encountered in the FME to France. Findings – The findings reveal that the family SMEs mainly followed a sequential process and favored indirect entry modes before entering the Fren…
Marx y Engels y la división sexual del trabajo en la familia: ambigüedades, equívocos y vacíos teóricos
2018
Dada la importante influencia de Marx y Engels en el análisis de la estructura social, no sorprende el notable impacto de su obra en el estudio del papel de la mujer en la familia. Sin embargo, su herencia en este ámbito sociológico ha dado lugar a interpretaciones muy polarizadas. Este artículo quiere aportar algo de luz evidenciando las contradicciones del marxismo al estudiar el papel de la mujer en la familia. Para ello se comparan las contribuciones de Marx y Engels para calibrar posibles diferencias en las posturas de dos autores que en otros ámbitos han presentado un pensamiento muy homogéneo. Los resultados obtenidos permiten afirmar que, a pesar de su innegable influencia en el pen…
La recherche en finance d’entreprise:quel positionnement méthodologique ?
2008
(VF)Après avoir effectué, dans une première partie, un état des lieux permettant de préciser notamment la nature des questions que se posent les chercheurs en finance d’entreprise et les méthodes qu’ils emploient, la seconde partie est consacrée au positionnement de la recherche en finance d’entreprise et gouvernance sur le plan méthodologique. L’analyse fait ressortir tant l’importance de la modélisation sous ses différentes formes, qu’elle se rattache à la tradition de l’économie néoclassique ou à celle de l’économie néo-institutionnelle, que des travaux empiriques s’inscrivant dans le prolongement de cette modélisation. Sur le plan épistémologique, la recherche en finance d’entreprise se…
Financial Crisis and the Changing Structure of Banking Firms and Industry: a Cross Country Analysis
2013
This paper analyzes the changing structure of the Italian and European banking firms and industry. The main aim is to identify the fundamental changes of the underlying economics of banking through the analysis of banks’ balance sheets. Commercial banks have progressively moved from traditional banking to new forms of financial intermediation. It is changing the fundamentals of banking business. The paper discusses the implications of this changing in terms of organizational structure of banking firms, business operations of banks, and structure of the financial system and banking industry. The research points out that the role of traditional bank is in decline. Banks are losing their predo…
Zdolności logistyczne w kształtowaniu obsługi klienta
2022
Wciąż rosnąca konkurencja skłania przedsiębiorstwa do poszukiwania źródeł przewagi konkurencyjnej. Istotnym elementem tworzenia tej przewagi jest obsługa klienta. Właściwie realizowana obsługa klienta pozwala osiągnąć satysfakcję i zadowolenie klienta, co umożliwia tworzenie i utrzymywanie przewagi konkurencyjnej. Jednym ze sposobów właściwego kształtowania obsługi klienta są zdolności przedsiębiorstw, w tym zdolności logistyczne. Celem artykułu jest przedstawienie znaczenia zdolności logistycznych w kształtowaniu obsługi klienta. W artykule przedstawiono (1) koncepcję zdolności logistycznych, (2) istotę, fazy i elementy obsługi klienta, (3) transformację podejścia do obsługi klienta w kier…
Logistics potentials of success as the factors affecting firm performance
2019
Firms are permanently looking for ways to achieve expected market and economic outcomes, which are the basis for superior performance as well as strong, long-term competitive advantage. The most important market outcomes are: (1) customer satisfaction, (2) customer loyalty, and (3) marketshare. In turn, the most important economic outcomes are: (1) profit, (2) profitability, and (3) return on investment (ROI). In achieving such performance and advantage the important role is assigned - among others - to the so-called logistics potentials of success. Logistics potentials of success are significant parts of the “general” firm potentials of success, which comprise: (1) resources, (2) capabilit…