Relevant bibliographies by topics / Family business heterogeneity

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  1. Journal articles
  2. Dissertations / Theses
  3. Book chapters

Academic literature on the topic 'Family business heterogeneity'

Author: Grafiati
Published: 30 June 2021
Last updated: 1 February 2022

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Journal articles on the topic "Family business heterogeneity"

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Guillén Gorbe, Tomás, and Alejandro Escribá-Esteve. "Heterogeneity in Family Firms." Harvard Deusto Business Research 10, no. 1 (May 29, 2021): 26–52. http://dx.doi.org/10.48132/hdbr.334.

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This research explores in greater depth the importance of considering the heterogeneity between family businesses so as to better understand the differences in their strategic behavior, performance and business results. With this, we attempt to contribute to the theories on the relationship between corporate governance and strategic management in the field of family business research. Our study identifies the different configurations that may be adopted in the ownership structures and the management and governance bodies of family firms, analyzing how these configurations are related to the firm’s strategic outcomes. Using a sample of 111 family firms, we perform a cluster analysis that allows us to determine distinct types of family businesses based on a set of dimensions regarding the characteristics of their governance bodies, both in business and in the family, as well as their ownership structure and degree of family involvement in management tasks. We then link the different types found with the profiles of managers, the repertoire of strategies used by these companies, and the differences in obtaining results in recent years.
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Li, Zonghui, and Joshua J. Daspit. "Understanding family firm innovation heterogeneity." Journal of Family Business Management 6, no. 2 (July 11, 2016): 103–21. http://dx.doi.org/10.1108/jfbm-02-2015-0010.

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Purpose – In family business studies, inconsistent findings exist regarding the relationship between family involvement and firm innovation. The purpose of this paper is to understand the heterogeneity of family firm innovation. Design/methodology/approach – The authors draw on governance literature and the socioemotional wealth (SEW) perspective to examine how the extent of family governance and the type of SEW objectives jointly influence innovation strategies in family firms. Findings – The authors develop a typology of family firm innovation strategies, positing that the family firm’s risk orientation, innovation goal, and knowledge diversity vary depending on the degree of family involvement in governance and the type of SEW objective. The authors propose that four family firm innovation strategies (e.g. Limited Innovators, Intended Innovators, Potential Innovators, and Active Innovators) emerge when family involvement in the dominant coalition (high or low) is contrasted with the SEW objective (restricted or extended) pursued by the family. Practical implications – Understanding how governance and SEW goals work together to influence the firm’s innovation strategies is potentially valuable for managers of family firms. The authors offer practical suggestions for how to strategically reposition the firm to pursue innovation strategies more in line with those of the Active Innovator. Originality/value – This study contributes to the family business literature by using a multi-dimensional approach to examine family firm heterogeneity. In addition, by articulating various family firm innovation strategies, the authors offer insight into the previously inconsistent findings concerning firm innovation behavior and outcomes in family business studies.
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Rau, Sabine B., Viktoria Schneider-Siebke, and Christina Günther. "Family Firm Values Explaining Family Firm Heterogeneity." Family Business Review 32, no. 2 (May 21, 2019): 195–215. http://dx.doi.org/10.1177/0894486519846670.

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Family firm heterogeneity results in reduced predictability of firm behavior as well as inconsistent results regarding research on family firm behavior. We argue that family firm heterogeneity is based, among other factors, on values heterogeneity. In order to lay the ground for future research, we develop a taxonomy of family firms based on values. Using values theory, we identify six value categories, resulting in five family firm types with five distinct value profiles. Second, we posit family firm values profiles are distinct to the group of family firms as nonfamily firms do not display similar value profiles.
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Wieszt, Attila. "Governance in Hungarian family businesses." Central European Review of Economics and Management 3, no. 1 (March 27, 2019): 7. http://dx.doi.org/10.29015/cerem.786.

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Aim: A large-scale, exploratory survey had been conducted on the whole population of family businesses in Hungary in 2017/18 concentrating on the heterogeneity of the family business population. This paper presents the findings of this survey focusing only on the governance practices of the Hungarian family businesses.Design / Research methods: Two questionnaires were asked from a sample of Hungarian family businesses in the form of a computer-assisted phone interview. This sample is based on probability sampling of a larger database representative to the Hungarian population of business organization in terms of annual revenue, geographical location and industry. Questions were formulated considering models of family involvement, socio-emotional wealth, succession, governance, and professionalization.Conclusions/findings: Hungarian family businesses succeed in involving a growing number of family members into the company which also positively relates to the business performance of the firms. The developmental patterns of their governance practices reflect their increasing level of professionalization.However, they can hardly involve external, non-family professionals into the Top Management Team, which may be crucial especially for the further growth of medium-sized firms. Their family governance concentrates rather on operatively bridging family and company, and not on planning the maintenance of long-term family control.Originality/value of the article: The paper delivers both informations on the heterogeneity of the Hungarian family businesses from a governance-related point of view, and show direct, practical implications regarding the family business governance system. Its results can be of interest both for family business owners, researchers, and consultants.
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García-Álvarez, Ercilia, and Jordi López-Sintas. "A Taxonomy of Founders Based on Values: The Root of Family Business Heterogeneity." Family Business Review 14, no. 3 (September 2001): 209–30. http://dx.doi.org/10.1111/j.1741-6248.2001.00209.x.

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The new economy offers a large range of opportunities to family businesses if they are able to promote values that allow constantly innovative behavior and business evolution. Although family firms are commonly associated with a traditional way of doing business, this paper shows the heterogeneity among first-generation family firms by building a taxonomy of four groups of founders based on values. The results show the relevance of identifying founders' value systems to understand the founders' influence on family business behavior. This value profile can be a valuable tool for family business owner-managers and advisors in identifying and promoting values that add value to firms without compromising next-generation family firm development.
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Carney, Michael, and Robert S. Nason. "Family Business and the 1%." Business & Society 57, no. 6 (July 28, 2016): 1191–215. http://dx.doi.org/10.1177/0007650316661165.

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Growing concern about economic inequality has generated a polarized narrative regarding the causes and consequences of extreme wealth. We contend that divided ideological positions obscure a more mundane reality about the typical wealthiest 1% households. Using data from the triennial survey of consumer finance, we demonstrate that there is substantial heterogeneity within the 1%. Contrary to public discourse, the typical 1% household does not have wealth reflective of popular rich lists, but derives a significant share of its wealth from ownership and active management of small- to medium-sized private enterprise. We use these findings to shed new insights on business families’ relationship to economic inequality and open promising new areas of inquiry regarding the role of the family business in society.
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Michiels, Anneleen, and Vincent Molly. "Financing Decisions in Family Businesses: A Review and Suggestions for Developing the Field." Family Business Review 30, no. 4 (November 7, 2017): 369–99. http://dx.doi.org/10.1177/0894486517736958.

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Motivated by the growing attention to the financing decisions of family firms, this review brings together the two highly relevant research fields of family business and finance. This study critically reviews 131 articles on financing decisions in family businesses, published between 1977 and 2016 in 64 finance and management journals. We develop a state of the art on family business financing literature and present a model to guide extant and future research by identifying gaps across the theoretical perspectives and across context-specific elements such as family business heterogeneity and country-specific factors.
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Jaskiewicz, Peter, and W. Gibb Dyer. "Addressing the Elephant in the Room: Disentangling Family Heterogeneity to Advance Family Business Research." Family Business Review 30, no. 2 (March 27, 2017): 111–18. http://dx.doi.org/10.1177/0894486517700469.

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Hoopes, David G., and Danny Miller. "Ownership Preferences, Competitive Heterogeneity, and Family-Controlled Businesses." Family Business Review 19, no. 2 (June 2006): 89–101. http://dx.doi.org/10.1111/j.1741-6248.2006.00064.x.

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This article models ownership concentration, owner preferences, and competitive advantage. It argues that ownership structure and owner preferences can give rise to resources and capabilities that increase firm profits. The model is then used to explain how successful family-controlled businesses (FCBs) differ from firms with less concentrated ownership and less successful FCBs. Because of their ownership concentration and reduced monitoring costs, many FCBs will have a resource surplus. That surplus and the tendency toward long-term investment among some FCBs create unique competitive opportunities under conditions we specify.
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Labaki, Rania, and Giorgia M. D’Allura. "A Governance Approach of Emotion in Family Business: Towards a Multi-level Integrated Framework and Research Agenda." Entrepreneurship Research Journal 11, no. 3 (June 14, 2021): 119–58. http://dx.doi.org/10.1515/erj-2021-2089.

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Abstract While emotion in family business is beginning to garner closer attention among researchers, the nexus of emotion management and governance has received little attention to date. In this essay, we reflect on and extend the Special Issue contributions by integrating the emotion management literature with the family business and governance literatures. We suggest a governance approach of emotion through a multilevel integrated framework. We introduce “emotion governance” as an overarching set of informal and formal mechanisms that are rooted and developed in the embedded family business contexts. We argue that emotion governance influences the explicit emotion management strategies of family business members at different stages: ex-ante (incentive alignment), during the process (education and support), and ex-post (monitoring). It thereby contributes to ensure their accountability in line with family business continuity. Considering the heterogeneity of family businesses, we capture nuances in our framework across family business archetypes through a series of propositions. We chart an agenda for future research to advance the development of a theory of family business governance inclusive of emotion.
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Dissertations / Theses on the topic "Family business heterogeneity"

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Samara, Georges. "Managing Family Businesses Heterogeneity: Global Strategies for Family Business Economic and Social Performance." Doctoral thesis, Universitat Ramon Llull, 2017. http://hdl.handle.net/10803/461046.

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Com gestionar i dirigir una empresa familiar per tal d’aconseguir uns resultats econòmics i socials millors? Si bé les empreses familiars són un grup molt heterogeni d’empreses, s’ha fet molt poca atenció a la forma de govern i a les contingències institucionals a l’hora d’analitzar el seu acompliment econòmic i social. Com a resultat d’això s’han produït alguns debats teòrics i s’han detectat algunes conclusions contradictòries en la literatura. Aquesta tesi explica l’heterogeneïtat de les empreses familiars per tal d’il·lustrar millor les opcions de gestió i de govern que en poden catalitzar l’acompliment econòmic i social. S’analitzen tres fonts poc estudiades de l’heterogeneïtat de les empreses familiars: les diverses actituds, habilitats i serveis del seu capital humà, els diferents nivells d’implicació de la família en el negoci i l’entorn geogràfic institucional en què s’incardinen les empreses familiars. Aquesta tesi aporta arguments teòrics i analitza empíricament les diferents opcions de gestió i de govern que poden catalitzar els resultats econòmics i socials de les empreses familiars. En definitiva, aquest treball fa diverses contribucions teòriques que poden ajudar a reconciliar les visions contradictòries detectades a la literatura i proporciona algunes recomanacions molt més precises als professionals.
¿Cómo gestionar y dirigir una empresa familiar para lograr mejores resultados económicos y sociales? Pese a que las empresas familiares son un grupo muy heterogéneo de empresas, se ha prestado muy poca atención a la gobernanza y a las contingencias institucionales a la hora de abordar su desempeño económico y social. El resultado de ello han sido algunos debates teóricos y algunas conclusiones contradictorias en la literatura. La presente tesis explica la heterogeneidad de las empresas familiares para arrojar más luz sobre las opciones de gestión y de gobernanza que pueden catalizar el desempeño económico y social de dichas empresas. Se analizan tres fuentes poco estudiadas de la heterogeneidad de las empresas familiares: las diversas actitudes, habilidades y servicios de su capital humano, los distintos niveles de implicación de la familia en el negocio y el entorno geográfico institucional en que se incardinan las empresas familiares. Esta tesis proporciona argumentos teóricos y analiza empíricamente las distintas opciones de gestión y de gobernanza que pueden catalizar los resultados económicos y sociales de las empresas familiares. De este modo, este trabajo realiza varias contribuciones teóricas que pueden ayudar a reconciliar las visiones contradictorias detectadas en la literatura y proporciona algunas recomendaciones mucho más precisas a los profesionales.
How can family businesses be managed and directed to achieve better economic and social outcomes? Despite that family businesses are a group of heterogenous companies, little attention has been given to governance and institutional contingencies when discussing the family business economic and social performance. This resulted in several theoretical debates and conflicting evidence found in the literature. This thesis accounts for family business heterogeneity to shed further light into the managerial and governance choices that can catalyze family businesses economic and social performance. Three understudied sources of family businesses heterogeneity are explored: The various attitudes, skills, and services of the family business human capital, the different levels of family involvement in the business, and the institutional geographical setting in which family businesses are embedded. This thesis theoretically argues for and empirically explores managerial and governance choices that can catalyze family businesses economic and social outcomes. By doing so, this work offers several theoretical contributions that can help reconcile conflicting views found in the literature and provides finer-grained recommendations for practitioners.
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Vithanage, Radeeka, and Solongo Oyuntugs. "Internationalization of Family Firms : The effect of family-specific resourceson internationalization decisions." Thesis, Högskolan i Jönköping, Internationella Handelshögskolan, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-43822.

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Background: Sweden is known for encouraging entrepreneurship where 99.9% of the business organizations are SMEs. Including Sweden, several other countries in the world provide significant importance to family firms, as their contribution is noteworthy to the global economy. Due to numerous reasons such as globalization and growth aspects, FSMEs are forced to gain competitive advantage through international diversification. Internationalization of FSMEs can be influenced by unique characteristics of family firms.Purpose: Internationalization is a process where the decision of internationalization can be affected by several factors including resources. Among unique characteristics of family firms, FSMEs also possess family-specific resources that may influence these decisions. Hence the purpose of this study is to gain an in-depth understanding on which and how family-specific resources influence internationalization decisions.Method: With the use of a single case study method, we gained valuable insight of a Swedish candy manufacturing family firm which engaged in internationalization successfully. The data was collected through in-depth interviews, observations, company website, published press interviews, press articles and other databases.Conclusion: Internationalization can be a daunting decision for family firms where availability of resources play a major role. The key family-specific resources that influenced the decision of internationalization of the family firm studied in this thesis were bridging social capital, human capital and governance capital. The remaining capitals may have contributed to the internationalization process. Other than the family-specific resources, factors such as generational change and ability to gain substantial financial support in further influenced their internationalization decisions. These findings likewise confirm the existence of heterogeneity of family firms which makes them unique.
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Khayre, Abdimajid, and Jan Niklas Schmänk. "Collaborative Innovation in Family Businesses : Empirical Study on the Influence of Family Involvement in Top Management Teams." Thesis, Jönköping University, Internationella Handelshögskolan, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-52929.

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Background: Innovation is widely recognized to be instrumental for the sustained competitiveness of businesses, including family businesses. However, many family firms are unable to achieve innovation on their own, necessitating the shift towards collaborative innovation. Yet, due to the overlap of family and business, innovation in family firms is characterized by the so-called“innovation paradox” where family firms usually possess a greater ability to innovate but lack the willingness to do so. Accordingly, considerable attention has been given to the factors that affect the willingness of family firms in an attempt to understand and possibly resolve the innovation paradox. Purpose: The purpose of the present study is to explore how the degree of family involvement in the top management team (TMT) influences the family firm’s willingness to engage in collaborative innovation and how that influences the preferred type of collaborative innovation. By exploring the link between the degree of family involvement in TMT and the willingness in the context of collaborative innovation, our study aims to contribute to a deeper understanding of the innovation paradox associated with family businesses, and thereby offer important insights to practitioners, both from the family and non-family perspective. Method: Our methods were based on qualitative research with an exploratory research design and multiple case-study methods of eleven family firms. Through semi-structured interviews with both family and non-family TMT members, we gained insights into the role of family influence on family firms. We also used a cross-case analysis to compare the cases and indicate similarities and differences in order to draw our conclusions. Conclusion: The results of the study show that the degree of family involvement in the top management teams influences the family firms’ willingness to engage in collaborative innovation. Depending on the degree of family involvement as represented by the respective configurations, five patterns of influence manifestations (IM) are identified.
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Engels, Elisa, and Sina Herholz. "Unleashing the Potential of Open Innovation in Family Firms : Towards the Explanation of the Ability and Willingness Dichotomy in Family Firms." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-43814.

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Research on Open Innovation (OI) is flourishing and opening the innovation process is increasingly perceived as a vital source for sustained competitive advantage. Nascent research on OI in family firms left us to wonder whether the performance-enhancing effects of OI also hold true for family firms. What we do know so far is despite that family firms typically possess greater ability to innovate, they lack the willingness to do so. Taking this as a starting point, the purpose of this study was to identify sources of family firm heterogeneity, in order to explain how these differences influence their willingness to engage in OI and further assess the overall relevance of OI models for family firms. In an attempt to resolve the innovation paradox, the present study builds upon a multi-theory approach of behavioral lenses, to capture the inherent complexities of family firm innovation. Empirical evidence from a cross-industry analysis of 176 German Mittelstand firms provides strong support for the importance of OI practices in a family firm context. Precisely, we affirm that family firms generate increased performance outcomes when engaging in OI. Our findings unearth a double-edged sword that higher generations foster a family firm’s willingness to engage in OI, but hamper their ability to benefit from it. Our findings are especially relevant in light of current market dynamics and build the bridge between OI and family firm research in an insightful manner. We thereby contribute to solving one piece of the innovation puzzle and identify promising areas for future research.
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Sandberg, Krister. "Hedonic prices, economic growth, and spatial dependence." Doctoral thesis, Umeå : Univ., 2004. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-272.

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Rupprecht, Maximilian Fred [Verfasser], Alwine [Akademischer Betreuer] [Gutachter] Mohnen, and Isabell M. [Gutachter] Welpe. "Family Businesses: Understanding non-family managers’ discretion, goal diversity, and intra-firm heterogeneity / Maximilian Fred Rupprecht ; Gutachter: Alwine Mohnen, Isabell M. Welpe ; Betreuer: Alwine Mohnen." München : Universitätsbibliothek der TU München, 2016. http://d-nb.info/1137010428/34.

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Neto, Paulo Alexandre Fernandes. "CEO Compensation and Family Firms Heterogeneity." Dissertação, 2019. https://hdl.handle.net/10216/124502.

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Neto, Paulo Alexandre Fernandes. "CEO Compensation and Family Firms Heterogeneity." Master's thesis, 2019. https://hdl.handle.net/10216/124502.

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Yang, Che-Ming, and 楊哲銘. "Heterogeneity Of Corporate Governance Practices In Taiwan Family Business Group." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/80164033872206972163.

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碩士
國立雲林科技大學
企業管理系
102
The OECD Principles of Corporate Governance have become important guidelines for worldwide enterprises to implement corporate governance since they are issued in 1998 For sound organization, corporate governance effectively monitors and manages the company through internal and external supervision management mechanism.With the TSEC and OTC listed group companies in Taiwan from 2008 to 2012 as samples, the study discusses the influence of business structures on corporate governance practices, including CEO duality, proportion of independent directors, frequency of board meetings and board meeting attendance rate.Research results indicate that business structures have different impacts on each corporate governance practice. For example, the influence of cross ownership on CEO duality shows low heterogeneity among group companies. However, the influence of cross ownership on proportion of independent directors shows high heterogeneity. In addition, the study finds the relationship between family ownership rate and corporate governance practices. Higher rate of the family ownership shows little heterogeneity when implementing corporate governance among group companies.
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Book chapters on the topic "Family business heterogeneity"

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Jimenez-Castillo, Luis, and Frank Hoy. "Origins of Family Business Research." In The Palgrave Handbook of Heterogeneity among Family Firms, 19–39. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_2.

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Diaz-Moriana, Vanessa, Teresa Hogan, Eric Clinton, and Martina Brophy. "Defining Family Business: A Closer Look at Definitional Heterogeneity." In The Palgrave Handbook of Heterogeneity among Family Firms, 333–74. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_13.

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Frank, Hermann, Julia Suess-Reyes, Elena Fuetsch, and Alexander Kessler. "Introducing the Enterpriseness of Business Families: A Research Agenda." In The Palgrave Handbook of Heterogeneity among Family Firms, 263–96. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_11.

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Labaki, Rania, Fabian Bernhard, and Ludovic Cailluet. "The Strategic Use of Historical Narratives in the Family Business." In The Palgrave Handbook of Heterogeneity among Family Firms, 531–53. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_20.

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Williams, Ralph I., Torsten M. Pieper, and Joseph H. Astrachan. "Private Family Business Goals: A Concise Review, Goal Relationships, and Goal Formation Processes." In The Palgrave Handbook of Heterogeneity among Family Firms, 377–405. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_14.

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Odom, Dustin L., Erick P. C. Chang, James J. Chrisman, Pramodita Sharma, and Lloyd Steier. "The Most Influential Family Business Articles from 2006 to 2013 Using Five Theoretical Perspectives." In The Palgrave Handbook of Heterogeneity among Family Firms, 41–67. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_3.

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Botero, Isabel C., Dinah Spitzley, Maximilian Lude, and Reinhard Prügl. "Exploring the Role of Family Firm Identity and Market Focus on the Heterogeneity of Family Business Branding Strategies." In The Palgrave Handbook of Heterogeneity among Family Firms, 909–32. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_33.

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Dibrell, Clay, and Esra Memili. "A Brief History and a Look to the Future of Family Business Heterogeneity: An Introduction." In The Palgrave Handbook of Heterogeneity among Family Firms, 1–15. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_1.

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Harrison, Richard T., and Claire M. Leitch. "The Dynamics of Identity, Identity Work and Identity Formation in the Family Business: Insights from Identity Process Theory and Transformative Learning." In The Palgrave Handbook of Heterogeneity among Family Firms, 673–713. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_25.

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Dawson, Alexandra, and Maria José Parada. "Corporate Governance in Family Businesses Across Generations: Exploring Intergenerational Issues." In The Palgrave Handbook of Heterogeneity among Family Firms, 115–39. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_6.

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