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1
CHAWLA, SUDHIR K. "SMALL BUSINESS TRAINING NEEDS: A CASE STUDY." Journal of Enterprising Culture 04, no. 04 (December 1996): 385–99. http://dx.doi.org/10.1142/s0218495896000228.
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Russia, East Germany, and India are just a few of the many countries around the world which have opened up their economies to global trade in the last decade. This trend has forced organizations, especially state-owned enterprises, to face a changing environment, one driven by innovation, efficiency, competition, and marketing. Privatization of these enterprises has been taking place at record speed. National and multinational organizations have replaced state-owned operations in hopes of boosting a nation’s interantional competitiveness and economic growth. However, privatization alone will not solve the many problems created by open market trade. The vitality of these economies may well depend on the nation’s ability to foster its own entrepreneurial sector of small businesses. Continual training of these business is needed to ensure economic goals are reached. Each nation must determine the training needs of these businesses through needs analysis studies. A framework, based on a study conducted for the South Texas Regional Small Business Development Center (SBDC) located in San Antonio, Texas, is provided. Results indicate that the most frequently cited problem areas by small businesses fall into two general categories: Finance and Governmental Relations. The level of concern for the areas identified has been found to vary by the age of the business. However, the need for basic business skills, such as marketing, finance, and accounting, is ever present in differing degrees of specialization. Seminars and a mixture of communicational tools were found to be the most effective delivery system for the information required by businesses in the region. In addition, factor analysis was used to group together specific problematic areas for small businesses in the region. Seven dimensions were identified and include the following: Work force development, financing and legal issues, marketing, technology issues, daily operations, and selling.
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Awofeso, Oluyomi, and A. A. Obemeata. "Loss and Post-founder Business Discontinuity among selected Indigenous Private Enterprises in South-West Nigeria." Nigerian Journal of Sociology and Anthropology 17, no. 1 (June 1, 2019): 48–71. http://dx.doi.org/10.36108/njsa/9102/71(0140).
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The survival of indigenous private enterprises is usually threatened by the demise of their founders. While previous studies on enterprise (dis)continuity have focused largely on business failure before founders’ death, little attention is paid to why indigenous private businesses do not outlive their founders in Nigeria. This study, therefore, examined the factors accounting for post-founder business discontinuity among selected indigenous private enterprises in the South-West, Nigeria. Theory of Loss and continuity in the family firm provided the framework. The research design was exploratory, using qualitative methods of data collection. Three states (Lagos, Ogun and Oyo) were purposively selected on the basis of being home to many defunct indigenous enterprises. Case studies were done on 16 purposively selected indigenous private enterprises (eight discontinued and eight surviving) whose founders had died. The qualitative data were analysed with Nvivo 8. Findings show that disharmony in the deceased founders’ family, ineffective implementation of succession plans as well as inheritance crises emerged as the most prevalent factors that accounted for postfounder enterprise discontinuity. The study recommended that indigenous enterprise founders should make efforts to foster harmonious relationships among members of their families in order to increase enterprise survival after their death.
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Simpson, Mike, Nick Taylor, and Joanne Padmore. "Marketing in supported employment enterprises – Part 1: case studies." Journal of Small Business and Enterprise Development 8, no. 3 (September 1, 2001): 233–44. http://dx.doi.org/10.1108/eum0000000006823.
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Supported employment enterprises (SEEs) are commercial enterprises that provide meaningful, gainful employment, training and development opportunities for people with a disability. Hence, SEEs are run specifically to provide employment. SEEs, with the exception of Remploy, represent a unique sector of SMEs owned and run by local authorities and charities. The Supported Employment Procurement and Consultancy Service (SEPACS) provides SEEs with per capita funding for disabled employees, capital grants for premises and equipment, grants for marketing research, business advice and performance monitoring. SEPACS is part of the Department for Education and Employment (DfEE). This paper presents some case studies of SEEs in the Yorkshire area. The work explains the complex dificulties facing these organisations and illustrates the different approaches used to cope with these situations. Many SEEs are under threat of closure or radical change in their function as employers of disabled people. This work investigates these issues through selected illustrative case studies. The general weakness of marketing strategies and plans in these organisations is highlighted and related to the impact of SEPACS and local authority policies and practices. This work establishes the important role that marketing strategies and plans could have in ensuring the future survival and growth of these companies.
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Saleem, Irfan, Faiza Khalid, and Muhammad Nadeem. "Family business governance: what’s wrong? What’s right? What’s next?" Emerald Emerging Markets Case Studies 9, no. 1 (January 28, 2019): 1–23. http://dx.doi.org/10.1108/eemcs-02-2018-0011.
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Learning outcomes This case study can help the reader to understand how to build an effective board for family business, and why evolving board structure can help family firm to sustain for a longer period in Market. Reader can also learn about role of independent director, CEO's Succession process and ways to deal with duality issue that family owned enterprise may face during a transition from generation X to Y. Case overview/synopsis This teaching case study describes various decision-making situations using example of a Pakistani family firm and entrepreneurs who started the business few decades back in France. This partially disguised case is based on actual events. The data are collected based on discussions with family business owners and minutes of meetings. The objective of study is to make sense of the family business theories e.g. socio emotional wealth stakeholder and agency. Case readers can also learn about the family’s business governance practices using diverse scenarios presented in this case. Complexity academic level This study is suitable for graduate and undergraduate studies. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes. Subject code CSS 7: Management science.
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Rahmiati, Filda. "Family Business Sustainability through Community Orientation." International Journal of Family Business Practices 3, no. 1 (September 14, 2020): 59. http://dx.doi.org/10.33021/ijfbp.v3i1.1158.
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<p>This research aims to explore the sustainability of family business through the implementation of Corporate Social Responsibility (CSR) to the community surrounding the company. As many research studies mentioned that family businesses are often strongly anchored in the local community, the high commitment to the local community will leads to a high degree of socially responsible acting. Qualitative method is used in the form of a case of an Indonesian small business in Bogor. The data collection is done using direct methods like observation, interview, and going through the company documentations to comprehend the case situation. The result of the research shows that the CSR implementation, in case observed, was in accordance with the needs of surrounding community. The CSR activities were in the form of the education, religious activities, public facilities, employee and community empowerment. The community and the company were supporting each other in order to make the activity success. This study concludes that this symbiotic CSR could be new model for family business enterprises sustainability through CSR.</p>
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Abbou, Inbal, Benjamin Gidron, Noga Buber-Ben David, Yael Greenberg, Yisca Monnickendam-Givon, and Aya Navon. "Social enterprise in Israel: the swinging pendulum between collectivism and individualism." Social Enterprise Journal 13, no. 4 (November 6, 2017): 329–44. http://dx.doi.org/10.1108/sej-09-2017-0043.
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PurposeThe purpose of this paper is twofold: to outline the historical and current contextual forces behind the development of the social enterprise movement in Israel and to analyze the different models identified by the research team along which social enterprises are formed at present. Design/methodology/approachThe study was part of the International Comparative Social Enterprise Models (ICSEM) Project and the methodology used in the analysis of the models was the one used in the international comparison. It entailed the analysis of three to five case studies within each model, which were analyzed along three major dimensions: the economic basis of the enterprise, its social objectives and its governance structure. FindingsThe findings suggest that social enterprises in Israel develop along four major models, all within existing different incorporation systems; these are nonprofit organizations, privately owned business enterprises, cooperatives and public-sector frameworks. On the basis of the case studies analyzed, it was possible to identify specific characteristic configurations of the three dimensions (economic/social/governance) that were at the basis of the model and guided it. Originality/valueThe study is the first of its kind to present a broad picture of the developing social enterprise scene in Israel and as such can clearly inform and guide both researchers and policymakers in their future work on the development of the social enterprise phenomenon in the country.
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Gherardi, Silvia, and Manuela Perrotta. "Daughters taking over the family business." International Journal of Gender and Entrepreneurship 8, no. 1 (March 14, 2016): 28–47. http://dx.doi.org/10.1108/ijge-11-2014-0044.
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Purpose – This paper aims to explore gender and legitimacy in family business succession. Design/methodology/approach – Within the theoretical framework of French pragmatic sociology, the authors conceptualise the family business as the locus where two regimes of engagement are present, generating the co-presence of two orders of worth, namely the domestic and the industrial. Taking a processual approach to entrepreneuring, and using case studies of small enterprises in Italy, this paper explores the case of daughters taking over the family firms. Findings – The paper shows how the daughters’ perceived gender inequality in the succession process is justified and how the justification work and the production of legitimacy are accomplished, shifting from one order of worth to the other. Originality/value – The value of the contribution consists in pointing to how gender inequality is reproduced and justified inside the family business. The dual regime of engagement is what justifies the reproduction of a specific gender regime within the family business. Moreover, the paper adds a “gender” perspective to French pragmatist sociology.
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Zilber, Silvia Novaes, Emerson Antonio Maccari, José Vicente Carneiro Filho, and Jouliana Jordan Nohara. "Succession in Family Businesses and its Impact on Business Strategy: Case Studies in the Corporate Sector of Medical Product ManufacturersHttp://Dx.Doi.Org/10.5585/Riae.V9i3.1691." Revista Ibero-Americana de Estratégia 9, no. 3 (January 28, 2011): 88–111. http://dx.doi.org/10.5585/ijsm.v9i3.1691.
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In a highly competitive market, the demands for new market positioning, redefinition of objectives and innovative concepts of business management make increasingly prominent leading companies define their competitive strategies to ensure long-term survival. An occurrence in the life of a business that can affect the strategy in companies, particularly characterized as family-run businesses, is the succession process, and the consequences that may result from this process require adaptive management in times of change. Therefore, the purpose of this study is to clarify how the succession process occurs in small and medium-sized enterprises, characterized as family businesses. To this end, we studied three companies in the same sector of the economy, specifically, medical and dental product manufacturers within the industrial sector, using an exploratory method through case studies. Studies revealed coincident points in the three companies, the most striking being the occurrence of succession occurring by removal of the founder, whether for medical reasons or by death. We also address the issues concerning lack of a more elaborate planning for the succession process. The most significant changes were observed in the organizational structure of enterprises in the immediate aftermath of the founder’s succession, when businesses undertook a new dynamic.
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Wynn, Martin, and Peter Jones. "Context and entrepreneurship in Knowledge Transfer Partnerships with small business enterprises." International Journal of Entrepreneurship and Innovation 20, no. 1 (April 24, 2018): 8–20. http://dx.doi.org/10.1177/1465750318771319.
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Entrepreneurship research has often focused on the capabilities and motivation of the entrepreneurs themselves, but there have also been more recent attempts to understand the contextual factors that can engender and support entrepreneurial activity. This article examines the contextual factors in evidence in four Knowledge Transfer Partnership case studies, where entrepreneurial activity has played a key role in developing and implementing significant change projects in small business enterprises. Based on a detailed analysis of these case studies, a number of contextual factors are identified that may act as a model for others researching entrepreneurship in similar contexts. The study finds that four main factors in the broader socio-economic environment were key in engendering entrepreneurial activity: the influence of the local university, availability of financial support, regional knowledge production and the presence of industry clusters pursuing similar objectives. There were also a number of influencing factors within the small business company environment: the potential to develop human and social capital, particularly evident in family businesses, and the opportunities to rapidly adopt and change technology platforms and systems that encouraged entrepreneurial thinking and initiative taking. The case studies also evidence that entrepreneurial initiatives may not always produce successful long-term outcomes.
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Lee, Jean, and Francis Tan. "Growth of Chinese Family Enterprises in Singapore." Family Business Review 14, no. 1 (March 2001): 49–74. http://dx.doi.org/10.1111/j.1741-6248.2001.00049.x.
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Local Chinese family enterprises (CFEs) are an integral part of Singapore's economy. The objective of this study is to understand the growth and development of CFEs. The study looks at case studies of eight CFEs that are listed on the Stock Exchange of Singapore. In-depth interviews and documentary analyses are used as research instruments. The research uncovers several interesting findings. For example, CFEs experience four stages of development in a process that leads to public listing: Start-Up, Survival, Stability, and Success. The study uses McKinney's seven S factors of Structure, Strategy, System, Staff, Skill, Style (leadership), and Shared Values to examine the characteristics of each stage. It is found that each stage is dominated by one or two distinct S factors that propel the growth of the firm. There is a significant difference in terms of the roles the S factors play, the forms of the S factor, as well as the dominant S factor of each stage. The findings of the study are significant to CFE owners, entrepreneurs, and educators of cross-cultural management.
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Ren, Monica. "How much do CEOs influence risk attitudes in a firm’s internationalization? Exploring Chinese mining SOES and NSOES." Corporate Ownership and Control 13, no. 2 (2016): 23–30. http://dx.doi.org/10.22495/cocv13i2p2.
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This paper provides an insight into comprehending Chinese firms’ strategic behaviour on risks in outward foreign direct investment (OFDI). Qualitative case studies, based on eight Chinese mining state-owned and non-state-owned enterprises (SOEs and NSOEs). The findings suggest that: (a) the characteristics of CEOs (Chief Executive Officers) of both SOEs and NSOEs significantly influenced the firms’ internationalization risk attitudes; (b) the tenure of CEOs led to SOEs’ periodical and NSOEs’ perennial risk attitudes; (c) CEOs’ personalities and tenure tend to drive the directions of risk attitudes, while CEOs’ experiences and remuneration were linked with risk intensities. These results support the upper echelons theory, suggesting that in understanding different ownership types of Chinese firms’ internationalization risk attitudes, CEOs’ characteristics should be investigated.
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Discua Cruz, Allan, Leonardo Centeno Caffarena, and Marcos Vega Solano. "Being different matters! A closer look into product differentiation in specialty coffee family farms in Central America." Cross Cultural & Strategic Management 27, no. 2 (February 28, 2020): 165–88. http://dx.doi.org/10.1108/ccsm-01-2019-0004.
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PurposeThere is a growing interest in understanding the strategic behaviour of family firms producing international commodities such as coffee, particularly in contexts where decisions about what products to sell, where to commercialise them and how to promote them appear to be highly based on both business and family aspects. The purpose of this paper is to explore product differentiation strategies in family firms in the specialty coffee industry across Latin American countries. Whilst the socioeconomic relevance of coffee production in Central America is unequivocal, the approach and rationale of families that engage in specialty coffee production remain underexplored.Design/methodology/approachThis study examines product differentiation in specialty coffee family farms across countries in Central America: Guatemala, Honduras and Nicaragua. The study relies on in-depth interviews, case studies and an interpretative approach to unpick the dynamics of product differentiation by families in business dedicated to producing specialty coffee.FindingsThe findings show that product differentiation in specialty coffee family farms is influenced by both business and family aspects and driven by entrepreneurial stewards. Coffee-farming families can engage in product differentiation through a shared vision, a combination of traditional and specialised knowledge, and through the continuous development of an exchange network. The findings reveal a connection between families in business balancing family and business interests, and the strategic intention to build up their assets entrepreneurially over time.Originality/valueThis study contributes to the literature on stewardship and strategic behaviour in family firms when families in business engage in differentiating their products in a highly competitive industry. More specifically, this study focuses on companies across countries where coffee is of crucial socioeconomic importance, and where the said companies are owned and managed by families. The study expands understanding of product differentiation in family-enterprise-first businesses and suggests that the family elements in differentiation can be explained through an entrepreneurial stewardship perspective.
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Kania, Ikeu, Grisna Anggadwita, and Dini Turipanam Alamanda. "A new approach to stimulate rural entrepreneurship through village-owned enterprises in Indonesia." Journal of Enterprising Communities: People and Places in the Global Economy 15, no. 3 (February 4, 2021): 432–50. http://dx.doi.org/10.1108/jec-07-2020-0137.
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Purpose Village-owned enterprises, in this study called Badan Usaha Milik Desa (BUMDes), are rural communities economic empowerment program developed by the Indonesian Government to encourage the growth of rural entrepreneurship by using the potential of locally owned resources. However, the implementation and effect of the BUMDes program are questionable. Thus, this study aims to investigate the role of BUMDes in encouraging rural entrepreneurship and strengthening rural economic development. In addition, this study also explores challenges in implementing the BUMDes program. Design/methodology/approach This study uses a qualitative method with a case study approach. Data were obtained through in-depth interviews using purposive sampling techniques to key people in management at five BUMDes in Garut Regency, West Java, Indonesia, which have successfully implemented the BUMDes program. Findings The findings of this study indicate that BUMDes are proven to encourage rural entrepreneurship with the dimensions of exploration and empowerment, capacity building and the support and involvement of all stakeholders. BUMDes were established in accordance with government policies based on the village discussion process as the culture of the Indonesian people by involving elements of the village government, associations and the community. However, the challenges in implementing BUMDes are still faced by managers including implementation and regulatory mismatches, lack of qualified human resources and lack of synergy between the village government and BUMDes. Research limitations/implications In this study, the development of a local economic empowerment program as a driver of rural entrepreneurship is carried out in the Indonesian context. In addition, based on the unique nature of case studies, making this study can only be implemented in cases that have similar characteristics. Therefore, in the context of other countries, it can be done by modifying the results obtained based on the conditions and potential of each region. Originality/value Although recognition of entrepreneurship is one of the main determinants of rural economic development, empirical research in this area is relatively rare. Thus, this study adds a new perspective on the BUMDes program as an effort to grow rural entrepreneurship.
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Zhou, Tingting, and Juan LI. "Does mixed ownership improve the financial quality of Chinese listed companies?" Nankai Business Review International 8, no. 3 (August 7, 2017): 367–88. http://dx.doi.org/10.1108/nbri-05-2016-0019.
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Purpose The purpose of this paper is to explore financial quality problems, based on the dynamics of the ownership structure, in the privatization process to clarify the internal relation among the ownership’s attribution of the commercial mixed ownership company, the company’s performance and its financial relationships. This paper also examines the mixed ownership enterprise’s potential problems during the development process. Design/methodology/approach Adopting the single case study method, the authors selected the mixed ownership public company Hubei Sanxia New Building Materials Co., Ltd. (stock code: 600293) to explore, from a privatization perspective, the impact of mixed ownership on financial quality. Findings The study found that Sanxia experienced tight cash flow and heavy debt burdens due to the privatization and that its controlling shareholders used non-operating income to support Sanxia, thus characterizing the dual role of “the grabbing hand” and “the helping hand.” Sanxia’s privatization process highlighted the volatility of performance, the exception of monetary funds and the existence of accounting fraud rather than the prosperous development of the capital combination. Originality/value These findings provided case support that privatization negatively affects the financial quality of the company. Previous studies have indicated that there should be greater focus more on the issue that state-owned shares rebound during the process of privatization and that, with respect to commercial mixed ownership reform of state-owned enterprises, such reform must avoid the passive transfer of corporate control, ensure the fairness of the related transactions, prevent the loss of state-owned assets and preclude the controlling shareholders from seizing interests of listed companies.
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NO, SUYEON, and JOOYOUNG KWAK. "Building Global Brands for Chinese Private-Owned Enterprises: Strategic Paths to Upgrade the Value Chain." Issues & Studies 54, no. 02 (June 2018): 1850003. http://dx.doi.org/10.1142/s1013251118500030.
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While most private-owned enterprises (POEs) in China are engaged in subcontracting or do not own the product brands, the number of POEs with their own brands has increased rapidly, while some are even globally recognized. Since these POEs face high opportunity costs for own branding, given their dominant presence in the global subcontracting community, their own branding actions require contextual understanding of doing business in China. This study starts with the notion of how these POEs shift from subcontracting to own branding, and explores their respective own branding paths. We interviewed seven Chinese POEs in the fashion industry in Zhejiang Province: Babei, Baili, Sunrise, Aokang, Youngor, Kangnai, and JNBY. The case studies suggest how these firms built their brands in the global market, and why their trajectories differentiated in the course of own branding. Our study configures three types of own brand models for POEs: the competitive subcontracting, the toehold, and the home-linked organic models. POEs can continue subcontracting in their core business, while implementing own branding through diversification. Alternatively, they can segregate markets, pursuing own branding in one group of countries, while subcontracting elsewhere. In addition, they may establish wholly owned enterprises, and introduce their brands in a way that preserves their home market advantages. We identify two stimuli for Chinese POEs’ global branding choices. Global branding strengthens domestic position as it becomes a signal for reputation. As the online platform reduces costs for global branding, and becomes popular, POEs are more likely to pursue global branding to become more competitive in the domestic market. Many POEs also continue to collaborate with the previous customers through strategic inter-dependence, such as distribution channel exchange.
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Alas, Ruth, and Külliki Tafel. "Corporate governance in Estonia." Corporate Ownership and Control 5, no. 4 (2008): 296–301. http://dx.doi.org/10.22495/cocv5i4c2p7.
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The corporate governance problems as known in a market economy arose in CEE countries in connection with the privatisation of large enterprises at the beginning of the 1990s, and to a large degree even afterwards. The emerging pattern of CG is quite difficult to interpret according to the traditional Western models and varied greatly from country to country, because in the case of transition countries various institutions and the environment as a whole do not work or at least do not work fully (Tafel et al, 2006). Therefore CEE-countries represent a very good testing ground for Corporate Governance (CG) related research. This paper studies forms of corporate governance in foreign owned companies situating in Estonia: cooperation between the owners, council and board in Estonian enterprises. The paper starts with the theoretical part followed by methodology and results of empirical study in Estonian companies
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Kaberia, Salome K., and Stephen M. A. Muathe. "Effect of Covid-19 Pandemic on Performance of Women Owned Micro, Small and Medium Enterprises in Kenya." International Journal of Social Science Studies 9, no. 1 (November 24, 2020): 7. http://dx.doi.org/10.11114/ijsss.v9i1.5089.
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The year 2020 marks the silver jubilee of the Beijing Platform for Action, and was expected to be a moment to celebrate the milestones made in enhancing gender parity and opportunities. However, the effects of COVID-19 pandemic threaten to erode the minimal gains achieved this far. The pandemic, initially a health hazard, fast mutated to a twin-menace that would threaten both lives and livelihoods. Global stock markets plunged in value by about US$6 trillion in less than a week (24th to 28th February 2020), according to S & P Dow Jones Indices; with many yet to recover. The pandemic decelerated Kenya’s projected GDP growth; the Central Bank of Kenya revised its estimate for 2020 from the initial 6.2% to 3.4%. Most affected were Micro, Small and Medium Enterprises; due to limited resources unable to withstand prolonged uncertainty and multi-faceted restrictions, as demanded of them by the pandemic. Key among the ventures threatened with extinction are women owned Micro, Small and Medium Enterprises that faced numerous pre-pandemic challenges. The inevitable priority shift for women entrepreneurs, diversion of business funds, sharp decline in demand and supply of commodities, and costly production, all stifled the mostly informal firms. Theories supporting this magnitude of impact are limited too; with the closest being resource dependency theory, structural inertia theory and real options theory. As uncertain as the viral spread is its ultimate impact on businesses and economies. This study uses available secondary multi-disciplinary resources; research papers, case studies, stakeholder reports and other online sources. Findings are that women owned businesses are disproportionately affected by the pandemic. The study recommends targeted policy, research and resource interventions to help small ventures prepare for recurrence of such contagions through resurgence of the same or new pandemics in future.
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Singh, Kaushalendra Pratap, Saumya ., and Chetna K. Rathore. "Gendered Dimensions of Trade: Evidence from Arunachal Pradesh, India." Space and Culture, India 9, no. 1 (June 25, 2021): 80–96. http://dx.doi.org/10.20896/saci.v9i1.1096.
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International trade has traditionally played an essential role in driving women-centric economic empowerment. Women’s participation as owners or managers has remained consistently low over the years. In India's case, a previous study conducted by UNDP revealed that women entrepreneurs preferred engaging in informal cross-border business as it was less risky with no tax burdens and their discomfort in dealing with male customs officials (UNDP, 2016). One of the critical limitations of active business engagement is socio-economic and cultural restriction, especially at the grassroots level. The case in Arunachal Pradesh is no different, as the concept of entrepreneurship of women in this field is a relatively recent phenomenon. In Arunachal Pradesh, the market is mainly controlled by women, yet women's participation in small and medium enterprises is less in number. In this context, the current paper discusses the nature of women entrepreneurs’ role in Micro, Small, and Medium Enterprises (MSMEs) and cross-border trade. It unveils the challenges faced by women entrepreneurs in Arunachal Pradesh and along with industrial and policy-related bottlenecks. The discussion is based on the primary data collected from the women-led/managed/owned MSMEs to study the gender dimensions of trade in Arunachal Pradesh. The findings of the study are that women entrepreneurship primarily gravitates around smaller-sized firms, with most women-led enterprises accounting for micro-enterprises in the formal sector. Like elsewhere in Arunachal Pradesh too, there remain socio-economic and cultural restrictions, especially at the grassroots level. Women lag in terms of awareness about import and export, technology, and dedicated bank accounts.
Submitted: 16 October 2020; Revised: 18 March 2021; Accepted: 08 April 2021
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Mustafa, Faisal, Ambreen Khursheed, Maham Fatima, and Marriam Rao. "Exploring the impact of COVID-19 pandemic on women entrepreneurs in Pakistan." International Journal of Gender and Entrepreneurship 13, no. 2 (June 10, 2021): 187–203. http://dx.doi.org/10.1108/ijge-09-2020-0149.
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Purpose The purpose of this paper is to explore the impact of COVID-19 lockdown on micro-businesses owned by women borrowers of microfinance institutions and to provide policy suggestions to assist women entrepreneurs in managing such an unexpected crisis from a qualitative perspective within developing countries such as Pakistan. Design/methodology/approach The study adopts a qualitative research design to explore the impact of COVID-19 on women’s entrepreneurial activities. Seven women entrepreneurs were selected and semi-structured interviews with focused group discussion under case study research design are used. Thereby providing a contemporary view of the issues faced by women entrepreneurs in the period of huge social and economic upheaval. Findings The results provide valuable insights about how the COVID-19 crisis affected women entrepreneurs by particularly considering household income, business sales, lifestyle and mental health. The liquidation of women-led businesses indicated the necessity to reconsider creativity and digitalization for business survival. Moreover, the results also revealed that the impact of the COVID-19 pandemic on the physical, mental and economic well-being of women highlights the need for considering gender gap issues in forming response policies for COVID-19 in developing countries. Originality/value As the COVID-19 crisis is a recent and existing phenomenon, this study is among the first to explore particularly the impact of the COVID-19 outbreak on micro-enterprises mainly owned and managed by women. Thereby claiming that COVID-19 not only physically but also psychologically affected women entrepreneurs. Moreover, the study highlights a need of skill focused training programs for women entrepreneurs to make sure that they can protect their businesses during such difficult times.
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de Waal, André, and Amy Wang. "Applicability of the high performance organization (HPO) framework in the Chinese context." Journal of Chinese Human Resource Management 8, no. 1 (May 8, 2017): 22–39. http://dx.doi.org/10.1108/jchrm-06-2016-0007.
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Purpose In recent years, China has shifted its competitive strategy from competing on low cost to producing higher value added products and services, and the country has made the promotion of business excellence a national strategic priority. As a consequence, Chinese organizations need to know the factors that will make them world-class companies. Until recently, not much research has been done into these factors in the Chinese context. The few studies available unfortunately were mainly done only into specific elements of excellence and specific improvement techniques; a holistic and scientifically validated framework for creating high performance organizations (HPOs) cannot be found. The purpose of this study is to evaluate such a framework, which was quite recently developed, for the Chinese context. Design/methodology/approach A possible way forward is to use the HPO framework which was validated in earlier studies for the Asian context. In this paper, this research question is answered: Can the HPO framework be used to help Chinese organization to evaluate and improve the factors for excellence in the Chinese context? The study used a questionnaire which was distributed to respondents of a Chinese state-owned manufacturing enterprise. The results were discussed during a workshop to arrive at the main attention points for the organization. Findings The HPO framework was validated for the Chinese context and yielded valuable recommendations for improvement for the case company. Originality/value This study fills the gap which currently exists in empirical research about organization performance practices in Chinese. The study also has practical implications as management of Chinese state-owned enterprises, and possibly other Chinese companies, are now able to undertake focused improvement actions.
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Agarwal, Sucheta, and Usha Lenka. "An exploratory study on the development of women entrepreneurs: Indian cases." Journal of Research in Marketing and Entrepreneurship 18, no. 2 (October 17, 2016): 232–47. http://dx.doi.org/10.1108/jrme-04-2015-0024.
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Purpose For establishing self-esteem and recognition in society, women are attracted towards entrepreneurship. To sustain in the competitive market, businesses carried out by women are mainly dependent on internal resources and their capabilities based on which they try to compete with the external environment. Thus, the aim of the paper is to study the role of internal and external factors in the development of women enterprises. Design/methodology/approach The qualitative approach was used based on multiple case studies from India to propose the conceptual framework on the development of enterprises. Findings To achieve success, enterprise makes full utilisation of the internal and external factors. The findings suggested that support from family, friends, society, government, non-governmental organisations and financial institutions as well as skills and abilities of an entrepreneur are accountable for initiation and growth of the venture. Originality/value This study provides the futuristic direction to policymakers and educators for focusing on the enhancement of women entrepreneurship which plays a crucial role in the economic growth of the country.
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Cerdeira Bento, João Paulo, and António Moreira. "Environmental impact of FDI – the case of US subsidiaries." Multinational Business Review 27, no. 3 (September 16, 2019): 226–46. http://dx.doi.org/10.1108/mbr-06-2017-0038.
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Purpose This paper aims to examine how foreign direct investment (FDI) and firm-specific advantages (FSAs) of US multinational enterprises (MNEs) majority-owned subsidiaries affect environmental pollution in host countries. The research results contribute to helping managers and policymakers understand the environmental impact of MNEs activities, and encourage these firms to develop environmentally responsible management (ERM) as an element of their corporate social responsibility practice. Design/methodology/approach Panel data consisting of developing and developed countries spanning the years 2004 through 2014 are used. The dynamic panel generalised method of moments technique is implemented. This method avoids common estimation bias, such as endogeneity, heteroscedasticity and autocorrelation. Findings This paper finds that the direct environmental impacts of FDI vary significantly between the two groups of countries. The environmental benefits of FDI to the recipient country are achieved through capital and technology transfer. The study also reveals that R&D intensity moderates the relationship between FDI and environmental pollution in both developing and developed countries in such a way that environmental pollution decreases. Research limitations/implications Future research could explore the environmental impact of MNEs on host countries by considering both equity and non-equity entry modes. The findings offer some support to host government policies offering generous incentive packages to attract R&D investment to improve environmental pollution. This research raises questions as to the reasons corporations operating in developing and developed countries should pursue their ERM practices. Originality/value This research examines both the direct effect of FDI and the moderating effects of FSAs on the relationship between FDI and the environment. Although previous studies have already looked at the relationship between FDI and the environment, the moderating effect of FSAs is very under-developed in this relationship.
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Chung, Stephanie Po-Yin. "Surviving Economic Crises in Southeast Asia and Southern China: The History of Eu Yan Sang Business Conglomerates in Penang, Singapore and Hong Kong." Modern Asian Studies 36, no. 3 (July 2002): 579–617. http://dx.doi.org/10.1017/s0026749x02003037.
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Prologue: Business Environment and Economic BehaviorFor more than two decades, sociologists, historians and economic geographers have produced many case studies on Chinese family businesses. A major consensus of these works suggests that ‘networking’, especially ethnic and familial, is extremely important to Chinese businesses. Various models and theories have been employed to explain this phenomenon. Notable among these explanations is the idea of Chinese entrepreneurship. According to this idea, such ethnicity-based groups as the Cantonese and the Fujianese (of the provinces of Guangdong and Fujian), are regarded to be culturally oriented towards business entrepreneurship and the cultivation of business networks. Before the outbreak of the Asian economic crisis in October 1997, many researchers believed that ‘Chinese entrepreneurship’ and the ‘business culture of networking’ contributed to the success of Chinese businesses in Asia (especially in the ‘Four Little Dragons’ of coastal Asia). For example, Confucian ethics and its emphasis on familial and ethnic networks is regarded as an asset for business expansion by Chinese international enterprises based in Hong Kong, Taiwan and Singapore. After the outbreak of the crisis, more research on the nature of Chinese entrepreneurship and the culture of networking was carried out. This research started from a different angle. The reliance on politically secured economic privileges (i.e.; nepotism), was identified as a defect of networking and thus, one of the major underlying causes of the crisis. The claim that the culture of networking contributes to business success actually offers a readily available explanation for its failure as well (see for examples Redding, 1990; Yeung, 1997; Yeung, 1998).
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Wiganarto, Tri Utomo, Asenar Asenar, and Elisatris Gultom. "Legal Aspects of Business Competition in the Procurement of Covid-19 Vaccine by Bio Farma Ltd." Kanun Jurnal Ilmu Hukum 23, no. 2 (August 17, 2021): 193–209. http://dx.doi.org/10.24815/kanun.v23i2.20416.
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The purpose of this research is to analyze the exclusion of monopoly by State Owned Enterprises (BUMN) based on the provisions of business competition law in the procurement of the Covid-19 vaccine by Bio Farma (Persero) Ltd. Indonesia is being hit by the Covid-19 outbreak. This condition has had a negative impact in various fields. To overcome this, one of the government's efforts is to bring in vaccines to prevent the spread, and the procurement of vaccines is given to Bio Farma Ltd. There are indications of monopoly actions in the procurement of Covid-19 vaccines by Bio Farma Ltd. This research uses the approach statute approach and conceptual approach. The technique of tracing legal materials uses field study techniques and document studies (library research), as well as study analysis is using qualitative analysis. The results of the research and the discus-sion show that the procurement process for the Covid-19 vaccine is strictly regulated by the government. Even the quantity, procurement, and distribution are coordinated by the government in this case through the assignment of SOEs (BUMN) as regulated in Presidential Regulation Number 99 of 2020 as amended by Presidential Regulation Number 14 of 2021. The results of the study show that the actions taken by SOEs (BUMN) in this case Bio Farma (Persero) Ltd in procuring the Covid-19 vaccine is included in the excluded monopoly category, because it meets the elements of the provisions in Article 50 paragraph a. Law Number 5 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition.
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Ward, Susan, and Anna Potter. "H2O: Just Add Branding: Producing High-Quality Children's TV Drama for Multi-Channel Environments." Media International Australia 133, no. 1 (November 2009): 31–42. http://dx.doi.org/10.1177/1329878x0913300108.
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This is a case study of the Australian company Jonathan M. Shiff Productions and its ‘tween’ program, action series H2O: Just Add Water. The program has sold in 150 countries including the United States, where it was ‘the first non-American live action to be bought by Nickelodeon in America’ and screens every Sunday night as family entertainment. It is also the highest rating children's drama series on Nickelodeon UK. While Australia's content regulations are important to its production, of critical importance is ZDF Enterprises, the commercial arm of one of Germany's two public service broadcasting channels, and worldwide distributor and production partner for all Jonathan M. Shiff productions. Case studies such as the following provide useful insights into the shape and operations of mediascapes elsewhere, and where our own media environment may be heading. They also offer a glimpse into the way the international market place is organising along forms of cooperation designed to facilitate global distribution of cultural content. A central proposition of this case study is that the structural conditions of multi-channel environments require certain adjustments in form, content and business modelling that have essentially coalesced around the operation of brand management.
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Konijn, Peter, and Rob van Tulder. "Resources-for-infrastructure (R4I) swaps." critical perspectives on international business 11, no. 3/4 (July 6, 2015): 259–84. http://dx.doi.org/10.1108/cpoib-02-2013-0008.
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Purpose – This paper aims to understand the role resources-for-infrastructure (R4I) swaps play in internationalisation strategies, thereby contributing to a modern theory of the multinational enterprises (MNEs) based on experiences of rising power firms. Since 2004, the Chinese Government; state-owned policy banks; and oil, mining and construction corporations have used a relatively unique form of internationalisation through complex, large-scale R4I swaps in Africa. Design/methodology/approach – This paper uses a resource bundling perspective and political economy lens to analyse complex entry decisions and success, as well as the failure of R4I swaps. The paper is based on a comparative analysis of published case studies of R4I swaps in seven African countries complemented by field research by the first author. Findings – The findings show that, under very specific circumstances, R4I swaps can be considered as a successful internationalisation strategy. R4I swaps enable Chinese MNEs to build and maintain relationships with non-market elites that control access to natural resources and infrastructure contracts. Research limitations/implications – The sample of cases, although representing all relevant R4I-swaps, is too small to come for more quantitative conclusions on success/failure factors. Practical implications – R4I swaps are a very unlikely model for Western MNEs, as they lack the necessary country-specific competitive advantages and institutional mechanisms. Originality/value – To the authors’ knowledge, this is the first comprehensive study of all relevant Chinese R4I swaps in Africa and contains original data from fieldwork in Ghana and D.R. Congo.
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Gakhar, Divya Verma, and Abhijit Phukon. "From welfare to wealth creation." International Journal of Public Sector Management 31, no. 2 (March 5, 2018): 265–86. http://dx.doi.org/10.1108/ijpsm-03-2017-0096.
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Purpose The purpose of this paper is to review several influential empirical studies that examine the performance of state-owned enterprises (SOEs). The paper undertakes a citation analysis of journals, authors and titles in the area of privatization and firm performance in general, and assesses the impact of privatization on the performance of SOEs in particular. Design/methodology/approach The methodology is based on a systematic and structured review of over 100 papers published in economics, public management, business strategy and related social sciences. The systematic review is based on citation analysis of journals, authors and titles. The journal and author citation counts were tabulated by leveraging the databases of SCImago Journal Rankings and Google Scholar and filtered it to find out the most highly cited journals and authors. The structured review is based on the framing opinion with respect to major findings, variables selected, measurement techniques and statistical tools applied by different researchers. The impact is measured through coding a value “P” in case of positive effects, “N” in case of negative effects and “NT” in case the study found both positive and negative effects. Findings The citation analysis reveals that American Economic Review, Journal of Financial Economics, Review of Financial Studies and Journal of Finance as the top-cited journals, and Megginson and Netter (3,468), Megginson et al. (1,737), Djankov and Murrell (1,356), Boardman and Vining (1,320), Balsam et al. (1,094) and DeWenter and Malatesta (1,018) as the top-cited authors in this particular research field. While majority research studies have revealed a significant improvement in the performance of SOEs in the post-privatization period, few studies have reserved their impact as neutral or even negative in some respects. Originality/value Given that economic transitions, corporate governance, and performance of SOEs have attracted a great attention from public management and business strategy scholars in recent years, this paper aims to summarize a large number of empirical studies that examine the performance of SOEs. The paper would be useful to future researchers especially the beginners and early career researchers in terms of its current trends, selection of variables, measurement techniques and statistical tools applied.
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Noronha, Carlos, Tiffany Cheng Han Leung, and On Ieng Lei. "Corporate social responsibility disclosure in Chinese railway companies." Sustainability Accounting, Management and Policy Journal 6, no. 4 (November 2, 2015): 446–74. http://dx.doi.org/10.1108/sampj-09-2014-0057.
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Purpose – The purpose of this paper is to focus on the corporate response of Chinese railway companies after the deadly Wenzhou train accident in China which happened on July 23, 2011. Few studies on corporate social responsibility (CSR) in developing countries have looked into whether the information disclosed by companies is satisfactory with sufficient response after a major incident has happened. Design/methodology/approach – Five companies with the largest market value in the Chinese railway industry involved in the production of trains and railway systems connected to the “7.23” incident were taken as the observations in this study. Information published by the companies and the media related to the accident, including CSR and sustainability reports, company Web sites, news and press releases and Internet postings, were investigated in detail in a qualitative manner. Findings – The findings show that disclosure of information related to the “7.23” incident was very low or almost inexistent in the observed companies. For those that claimed that they had followed CSR reporting standards and guidelines, the disclosed information appeared to be insufficient to reveal practical information and fulfill stakeholders’ requirements. The study also sheds light on the corporate reporting behaviors of Chinese state-owned enterprises by applying legitimacy, stakeholder and institutional theories to the unique social and political environment in the country. Originality/value – This paper critically reveals the poor corporate response after the “7.23” incident in Chinese railway companies. The case serves as an example for the companies to ponder on what improvements are called for in terms of social reporting and relevant corporate actions after a major accident. Also, the study contributes to the CSR disclosure literature concerning developing countries by examining the case of China and the little studied railway industry run by the state.
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Alejandra Gonzalez-Perez, Maria, and Juan Fernando Velez-Ocampo. "Targeting one’s own region: internationalisation trends of Colombian multinational companies." European Business Review 26, no. 6 (October 7, 2014): 531–51. http://dx.doi.org/10.1108/ebr-03-2013-0056.
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Purpose – This paper aims to provide an examination of the ongoing internationalisation processes undertaken by 30 major multinational Colombian-owned firms. It also presents a theoretical overview and a conceptual framework for the understanding of internationalisation patterns from emerging countries’ multinational enterprises. Design/methodology/approach – This study is built based both on the results collected from comparative case studies based in the literature and empirical observations of Colombia’s patterns. This study observed the evolution in terms of commitment and investment decisions that 30 major Colombian companies have undergone specially within the past decade. Findings – Although, it was found that direct exports is the widespread entry mode of Colombian companies to foreign markets, most of the observed firms preferred the consolidation in host markets through Mergers & Acquisitions instead of using Greenfield investments or joint ventures. These observations might suggest similarities with the process of internationalisation of Asian tigers multinationals, which means that they are consolidating their internationalisation process based on their learning, linkages and leverages capabilities. Furthermore, Colombian companies are following the internationalisation pattern of other multilatinas. These companies have first explorer natural markets for them; in other words, they have first attempt to be established in markets that share psychic features, and similar institutional environments, as psychic and physical proximity reduces risk and facilitates foreseen return of investments, and therefore long-term capital accumulation. Research limitations/implications – This study has some limitations that suggest further research. First, although the observed firms share one main characteristic: being Colombian-owned multinationals, they belong to diverse fields, so this might pose difficultly for the creation of a framework that explains other multinationals drivers to internationalise. A second limitation is that this analysis does not deepen into the internationalisation patterns of multilatinas from countries other than Colombia; this leaves room for further research questions that might deal with the issue of analysing advantages and disadvantages in the internationalisation process of developing country multinational corporations (DCMCs). A third limitation is that this study does not have a longitudinal approach, so this paper does not intent to provide definitive information about cause-and-effect relationship regarding the drivers for DCMCs to internationalize, instead, this study is intended to provide an analysis of the outward foreign direct investment decisions of Colombian multinational firms. Practical implications – There is limited research based on primary data on accessing the internationalisation process of Colombian multinational companies. This paper offers a research framework and results which could be replicated in other Developing Country Multinational Corporation (DCMNC), and could also be studied longitudinally. This study includes relevant information on the drivers for international expansion, market selection, perceived obstacles, entry modes and consolidation in host markets via acquisitions that could possibly support managerial decisions. Originality/value – There is limited research based on primary data on accessing the process of internationalisation of Colombian multinational companies. This paper offers research framework and results which could be replicated in other DCMNC, and also could be longitudinally studied. This study includes relevant information on the drivers for international expansion, market selection, perceived obstacles, entry modes and consolidation in host markets via acquisitions that could eventually support managerial decisions.
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Akbar, Riznaldi. "An Investigation of Determinants Global Entrepreneurship: Multi-Country Panel Studies." DeReMa (Development Research of Management): Jurnal Manajemen 11, no. 1 (June 3, 2016): 1. http://dx.doi.org/10.19166/derema.v11i1.185.
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<p>This study examines the validity of governmental supports and policies; and financing for entrepreneurs in the context of global entrepreneurial activities. Our studies are based on the rich datasets of the Global Entrepreneurship Monitor (GEM) database covering 108 countries from 2001 to 2014. In this study, we examine whether countries with more favorable policies and supports towards entrepreneurship and availability of financing for entrepreneurs would result in the higher country’s entrepreneurial activities.</p><p>We use total early-stage entrepreneurial activity (TEA), a percentage of 18 - 64 year old population who are either a nascent entrepreneur or an owner manager of a new business, as our dependent variable to represent country’s entrepreneurial activities. There are two main explanatory variables used in the study: governmental supports and financing for entrepreneurs. The governmental supports represents the extent to which public policies support entrepreneurship as a relevant economic issue, while financing for entrepreneurs indicates the availability of financial resources for small and medium enterprises (SMEs) including grants and subsidies. We also include three control variables of basic school entrepreneurial education and training; physical and services infrastructure; and cultural and social norms to test the significance of these factors to the country’s entrepreneurial activities.</p><p>This study adopts panel regression model augmented with control variables. We favor Random Effect model as opposed to Fixed Effect or Pooled OLS model as Hausman and Breusch–Pagan test suggest. Our results suggest that there is no evident that government supports have significant contribution to country’s entrepreneurial activities. In other words, entrepreneurial activities are more flourished in a country that has not set entrepreneurship as relevant economic issues as it might be the case for many emerging countries. The availability of formal financial resources is significant to the country’s entrepreneurships, but with a negative sign. It could be interpreted that in some countries many new start-ups and entrepreneurs seem to have a greater reliance to informal financing of 4Fs (Founders, Family, Friends and Foolhardy investors) instead of formal channels i.e. government grant and subsidies, venture capital or strategic partners. A country with cultural and social norms that encourage citizens to new business activities also has greater number of entrepreneurships. However, we found no evident that entrepreneurial education and training at basic school; and ease access to infrastructure are significantly affecting entrepreneurial activities in a country.</p>
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Banchik, Anna Veronica. "Taking Care and Taking Over: Daughter’s Duty, Self-Employment, and Gendered Inheritance in Zacatecas, Mexico." Gender & Society 33, no. 2 (February 1, 2019): 296–320. http://dx.doi.org/10.1177/0891243218825104.
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Although disproportionate housework and care responsibilities ascribed to mothers and wives have been found to greatly impact women’s self-employment, less is known about how family-level labor structures may shape daughters’ entrepreneurship. Family business scholarship has shed partial light on this question by showing that household hierarchies and gender norms impede daughters’ recognition and inheritance within family firms in the United States. Drawing on interviews with 32 women microenterprise owners in Zacatecas, Mexico, this article builds on previous research by suggesting that gendered mechanisms and labor structures may in fact position daughters to inherit businesses or business-related resources such as skills, financial capital, and property from their parents. Daughters acquire these assets by virtue of contributing to their parents’ enterprises as part of their childhood chores and maintaining a continued attachment to these businesses into adulthood. Daughters’ job prospects aside from inheritance were found to further shape their perceptions of business succession and inform their decision about whether to take over the family enterprise. Such acquisitions can be said to comprise instances of “gendered inheritance,” in which gendered institutions largely understood as disadvantaging women also may position them to attain valuable assets.
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Pinzón-Castro, Sandra Yesenia, Gonzalo Maldonado-Guzmán, and José Trinidad Marín-Aguilar. "Innovation Adoption in Mexican Small Family Firms." International Business Research 11, no. 4 (February 23, 2018): 7. http://dx.doi.org/10.5539/ibr.v11n4p7.
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Innovation is a topic that has been widely analyzed and discussed in the literature of business and management sciences and there a far and wide consensus among scholars, researchers and professionals that innovation activities should be considered not only as a business strategy but also as a daily activity in enterprises, especially in small and medium-sized ones. However, a high percentage of theoretical and empirical published investigations have focused in the innovation activities of big enterprises while only a small percentage has analyzed this construct in small and medium-sized enterprises. Only a few of them have focused in small, family-owned enterprises even when this type of business is the most representative of the economy and society in country around the world. Therefore, the main goal of this empirical research is the analysis of adopting innovation activities in small, family-owned businesses in an emerging country, as it is the case of Mexico. The results obtained show that there is a clear adoption of innovation in products, processes and management systems from small family businesses.
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Kiwia, Rose Haynes, Kenneth M. K. Bengesi, and Daniel W. Ndyetabula. "Succession planning and performance of family-owned small and medium enterprises in Arusha City – Tanzania." Journal of Family Business Management 10, no. 3 (December 5, 2019): 213–30. http://dx.doi.org/10.1108/jfbm-03-2019-0018.
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Purpose The purpose of this paper is to examine succession planning and performance of family-owned small and medium enterprises (SMEs). Design/methodology/approach The quantitative research approach and a cross-sectional research design were employed. The probability sampling technique was used to draw 219 respondents from the sampling frame. A structured questionnaire was used for data collection. Descriptive statistics and independent samples t-tests were used for data analysis. Findings It was revealed that most of family-owned SMEs founders in the study area had mechanisms for succession planning for their businesses. Also, there is a difference in business performance when successors are selected and prepared by business founders compared to when they are selected and prepared by other family members. Successors selected and prepared by business founders performed better in business than successors who were selected and prepared by other family members. Research limitations/implications This study employed a quantitative research paradigm methodology, which limits deep discussion with respondents. Future studies could consider using a qualitative research paradigm methodology. Originality/value The paper presents succession planning process experience in family-owned SMEs in the study area, specifically the existence of succession planning in family-owned SMEs. It also shows a difference in business performance between the two investigated groups. This paper will benefit business founders, family business successors and researchers.
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Maldonado-Guzman, Gonzalo, Sandra Yesenia Pinzón-Castro, and Dolly Anabel Ortiz-Lazcano. "Brand Equity and Business Performance in Family and Non-Family Mexican Small Business." International Journal of Business and Management 13, no. 10 (September 10, 2018): 182. http://dx.doi.org/10.5539/ijbm.v13n10p182.
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Brand equity is a topic that has been analyzed and discussed recently by scholars and researchers in the field of marketing. It is also considered as one of the most successful business strategies which allows enterprises, especially small ones, not only to survive in a highly globalized and competitive market bust also to attain a significant increase in their level of business performance. Moreover, the equity of the brand has commonly been studied from the perspective of big enterprises so there are few investigations focused in the analysis of these variables in small companies. This is why the objective of this empirical research is the analysis and discussion of the effects of equity of brand in business performance in small enterprises from a country with an emerging economy, as it is the case of Mexico. The results obtained show that equity brand in products and services of small enterprises have a positive, significant effect in the level of business performance.
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Muyengwa, Goodwell, Partson Dube, Kimbelry Battle, and Errol Masinga. "An Enterprise Development Initiative: Incubation In The South African Motor Body Repair Sector." Balkan Region Conference on Engineering and Business Education 1, no. 1 (August 15, 2014): 41–46. http://dx.doi.org/10.2478/cplbu-2014-0009.
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AbstractThe paper investigates motivations, challenges and success factors experienced by an incubator company and panel shop owners during transformation from a non-registered to a registered panel shop. Since 2006 the company has assisted six black owned panel shops in upgrading their businesses through an annual grant of R1.5 million per business. The objective is to develop and empower disadvantaged black owned motor body repairers. The study was conducted through multiple case studies and in-depth interviews with owners and staff of these panel shops including incubator company personnel. The study revealed that noticeable improvements were in better infrastructure, improved management skills, registration with the repair authority, access to work from the insurance industry and better turnover. Challenges faced were in building of trust among panel shop owners and support agencies seconded to their businesses by the incubator company during the incubation process.
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Tundui, Charles Stephen, and Hawa Petro Tundui. "Performance drivers of women-owned microcredit funded enterprises in Tanzania." International Journal of Gender and Entrepreneurship 12, no. 2 (February 27, 2020): 211–30. http://dx.doi.org/10.1108/ijge-06-2019-0101.
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Purpose The purpose of this paper is to investigate performance drivers of women-owned businesses that are funded primarily through microcredit. It draws on Storey’s theory of small business growth and family embeddedness axiom to examine the factors that drive the performance of businesses that are funded primarily through microcredit. Design/methodology/approach The paper uses a cross-sectional survey that covered 208 women business owners who had access to microcredit. The authors use a logistic regression analysis to model the relationship between independent variables and enterprise performance. Findings The paper demonstrates that microcredit plays a significant role in business performance. The credit amount has the most significant influence on the enterprise capital base, whereas the effect on profits is insignificant. Also, owners are more likely to report growth in profits if they possess skills in business management. In addition, younger business owners and necessity entrepreneurs are more likely to report success in their businesses. Other factors that have a significant effect on business performance are product cycle, loan use and family support. Originality/value Many women in Tanzania are entering business ownership and depend on microcredit as their primary source of capital for starting and growing their businesses. However, just a few businesses grow into small and medium-sized enterprises. For informed policy decisions, it is important that the factors influencing the performance of funded businesses are known and well understood. This understanding will help the government and development practitioners assist women in achieving business growth rates that could warrant their empowerment and poverty reduction prospects.
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Koh, Annie, Esther Kong, and Giuseppe Timperio. "An Analysis of Open Innovation Determinants: the Case Study of Singapore based Family owned Enterprises." European Journal Of Family Business 9, no. 2 (December 31, 2019): 85–101. http://dx.doi.org/10.24310/ejfbejfb.v9i2.5678.
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Family businesses play an important role in the growth of global economy, and while they are arguably perceived as a conservative form of organization with high risk aversion and reluctance to change, counterintuitive empirical evidence show that they are most effective in ideation and commercialization of innovation projects. In the current business environment of rapid change in work patterns, fast adoption of enabling technologies for seamless collaborations across industry and geography, along with intense competition and high uncertainty, enterprises have no choice but to maximize returns on innovation investments. Therefore, they are increasingly dependent on an ecosystem-based approach to innovation management, which has shown greater likelihood to create radical innovations and enable profit generation.The objective of this paper is to analyse determinants of open innovation practices in family-owned enterprises in consideration of the joint effect of in-company enablers and external factors. Drawing on a sample of 33 Singapore based family-owned firms, our findings confirmed the key drivers such as family and business culture, access to external funds, government supported initiatives, market dynamics, partnership, network, family capital, and external network. Managerial implications about the necessity to leverage both environmental determinants and internal innovation capabilities to foster novel business ideas are also highlighted in the conclusion of the paper.
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Hadiyat, Yayan. "Peran Bumdes Dalam Membangun Kewirausahaan Dan Kemandirian Desa (Studi Kasus Bumdes Mugirahayu, Desa Lebak Herang, Kecamatan Ciwaru, Kabupaten Kuningan, Jawa Barat)." Jurnal Manajemen 9, no. 1 (August 30, 2018): 71. http://dx.doi.org/10.32832/jm-uika.v9i1.1335.
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<p><em>Village Owned Enterprises (BUMDES) have a strategic role in improving the economy and village independence. Since the issuance of Law No. 32/2004 concerning Regional Government, the number of BUMDES until 2017 has reached 18,446. The main challenge for the existence of BUMDES is to be able to become a driver of economic development in the village. In many regions, BUMBDES has contributed to accelerate rural development and encourage the economic independence in the village. However, many BUMDES are stagnant, so that needs field studies to see the problems and the way of efforts to overcome them, and the result can bu used as models for the development of BUMDES in other regions, and can be used as national models. This article presents the results of case study of the MUGIRAHAYU BUMDES in Lebakherang Village, Subdistrict of Ciwaru, Kuningan District, West Java, where since the beginning of its establishment it has experienced success and gave benefits for improving the community's economy in the village, but many the BUMDES has experienced ups and downs, even stagnating. Some of the problems obtained from the field, namely the existence of organizational and the sussession problems, and emerged the existence of organizational dependence from several administrators, so that a good community spirit (paguyuban) in the village is unable to encourage BUMDES MUGIRAHAYU to build reliablility of the organization of BUMDES and entrepreneurial for the community. The New Public Management (NPM) and Fadel Model (2008), can be proposed to overcome the problems that occur in BUMDES and be able to strengthen sustainability of organizational life and building entrepreneurship. By strengthening transparency, accountability and professionalsm of management teams, BUMDES would be able to push the business of the community in the villages and build community entrepreneurship through exploring the local potential and endowment, so that it can build the economic independence in the village.</em></p><p><em> </em></p><p> </p>
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Tobak, Júlia. "Ownership Structures within Hungarian Family Businesses – Theories and Practice." Applied Studies in Agribusiness and Commerce 12, no. 1-2 (May 2, 2018): 35–40. http://dx.doi.org/10.19041/apstract/2018/1-2/5.
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We can talk about family business if the notions of family, ownership and business are closely connected to each other, namely if the business is in the possession of the family, managed and controlled by the family members. A family owned company is a business where a family has the majority ownership and/or the majority management and at least one family member actively works in the firm, the family owns the business. The study contains the results of research on ownership structure of family owned businesses. The examined family businesses are interested in longterm preservation of values, thus succession of generations plays a key role in their case. They attaches great importance how the ownership structure develops. The methotology to know more about the ownership structure of family businesses 11 expert interviews were made between november 2016 and september 2017 with owners and next generations of family owned agri-food enterprises in Hungary. A case study has been prepared too in this topic with the participation of companies with different activities (production, service, trade). In order to classify the analysed companies six categories of ownership were developed. These are non-owner, emotional owner, partial owner, controlling owner, majority owner and exclusive/ sole owner. Each generation of the analysed FBs were classified to these categories. According to the results the analysed family owned companies even are sharing the property within family. There are only two interviewed companies whose case we can talk about exclusive/sole ownership.
JEL Classification: G32
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Ammar, Sonia, and Jet Mboga. "Entrepreneurship and Family Owned Enterprises Model for Long-Term Growth and Success: The Case of Sinokrot." Economit Journal: Scientific Journal of Accountancy, Management and Finance 1, no. 2 (June 16, 2021): 122–36. http://dx.doi.org/10.33258/economit.v1i2.450.
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This article explores the startup, growth, and success factors of Sinokrot Global Group. Sinokrot, a family-owned enterprise located in the Palestinian West Bank. Sinokrot began as a local confection in the West Bank, focusing on Agro-Industries and Agriculture, which has expanded into the global market. The firm employs permanent and seasonal workers from surrounding fifty villages and cities. It accounts for three thousand five hundred workers in Palestine society and ships to over twenty countries worldwide. Despite political and economic challenges in Palestine and the Middle East, Sinokrot has set modern successful business ventures in the Palestinian and other emerging markets. This case study on Sinokrot, now termed Sinokrot Holdings, examines factors that contributed to the success and survival of Sinokrot. A structured interview method is used to elicit relevant information from top management of Sinokrot on its sustainable growth and entry into global markets. We will discuss implications for entrepreneurs in less developed nations. An entrepreneurship success model for family-owned businesses is proposed.
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Zhu, Jian An. "Case Study of Entrepreneurship and Family Business Succession on the View of Life Cycles." Advanced Materials Research 468-471 (February 2012): 484–87. http://dx.doi.org/10.4028/www.scientific.net/amr.468-471.484.
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In the most common cases, the first generation creates his business, accumulates wealth and waits for the right chance to hand them over to the second generation. The case study on Fotile Co. provides a perspective of both entrepreneurship and succession of family business. In 1996, Mao Li Xiang and his son, Mao Zhong Qun, started together a business on kitchen products. On the view of product life cycle, Mr. Mao Senior produced the clip reeds subcontracting for the state-owned TV set company and electric gas-lighting for international trade which were manufactured with imitation and at last waned after several years, until in 1996 he devoted himself to the third products, Chinese kitchenware, and beat Western technology with domestic technology and design in meeting the needs in Chinese kitchens. On the view of his individual life cycle, Mr. Mao Senior began with the accountant and salesman in commune and brigade enterprise in the 1970’s, manager of in the township and village enterprises in the 1980’s and the owner of family business in 1990’s when he handed over the right of control and finished the professionalization of management, the upgrading of enterprises as well.
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Cadieux, Louise, Jean Lorrain, and Pierre Hugron. "Succession in Women-Owned Family Businesses: A Case Study." Family Business Review 15, no. 1 (March 2002): 17–30. http://dx.doi.org/10.1111/j.1741-6248.2002.00017.x.
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Succession is one of the most studied aspects of family businesses. However, although it is estimated that women own more than 33% of such organizations, to our knowledge, few studies focus on succession in them. Our objective is to explore and understand the process of succession in family-owned businesses run by women. This paper presents the results of a case study of four women who own and run family businesses in the manufacturing sector and who have shared the management of their organizations with their successors for at least three years.
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Jabeen, Fauzia, Mohd Nishat Faisal, Huda Al Matroushi, and Sherine Farouk. "Determinants of innovation decisions among Emirati female-owned small and medium enterprises." International Journal of Gender and Entrepreneurship 11, no. 4 (November 7, 2019): 408–34. http://dx.doi.org/10.1108/ijge-02-2019-0033.
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Purpose The purpose of this study is to investigate the factors that influence the innovation decisions of Emirati women-owned small and medium-sized enterprises (SMEs). Design/methodology/approach This study uses a two-phased approach. In the first phase, empirical research on 50 Emirati female entrepreneurs is conducted to discover the extent of innovation in their ventures. In the second phase, the study uses an analytical hierarchy process (AHP) to prioritize factors considered important in facilitating business innovation among SMEs. The AHP model is developed with 9 criteria and 25 sub-criteria based on the previous literature. Face-to-face interviews are conducted with Emirati female entrepreneurs operating nascent (n = 10), start-up (n = 10) and established innovative (n = 10) businesses to collect data for the AHP study. The data collected are interpreted and a priority vector is assigned to each criterion and sub-criterion. Findings Female SME owners prioritize government policies, research and development, innovation strategy and skill development as the main criteria that influence their innovation decisions. Family support, access to external financing, social networks and the allocation of funds are the main sub-criteria affecting their decisions to be innovative. Furthermore, respondents who are in the nascent business stage consider family motivation as the greatest influence on initiating new ideas through financial and moral support. Among all respondents, the nascent business owners rank skill development the highest because they are still in the initial stages of their business journeys, and thus, obtaining these skills could help them increase innovation and success in their ventures. However, respondents in the established stage rank innovation strategy the highest. Research limitations/implications The study results can help policymakers and women’s associations, such as businesswomen councils, identify the specific inhibitors and facilitators linked to innovation and, thereby, help develop various effective policies to promote innovation among Emirati women-owned SMEs. Originality/value The study is one attempt to facilitate innovation among Emirati women-owned SMEs through its efforts to discover the determinants of innovation efforts at nascent, start-up and established business stages as defined by the Global Entrepreneurship Monitor (2012). The study can help Emirati women-owned SMEs understand the critical factors influencing innovation and can encourage them to incorporate innovative characteristics for business growth and resilience. Furthermore, the study can provide insights for policymakers, financial institutions and non-governmental organizations on factors hindering innovation among Emirati women-owned SMEs, which may serve as a tool for creating resilience among female entrepreneurs.
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Gupta, Priya Dhamija, and Sonali Bhattacharya. "Impact of Knowledge Management Processes for Sustainability of Small Family Businesses: Evidences from the Brassware Sector of Moradabad (India)." Journal of Information & Knowledge Management 15, no. 04 (December 2016): 1650040. http://dx.doi.org/10.1142/s0219649216500404.
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In this research paper, we have studied the role and process of knowledge management in small family businesses at different stages of its growth: startup, business consolidation and succession. We intend to study if in family run MSME clusters education of firm owner gives any edge in the sustainability of the business. There is lack of availability of literature on study of Indian MSME with family business perspective. Our study encompasses factors that stimulate innovation, technology acquisition and business growth and sustainability. Evidences have been drawn from brass manufacturing cluster of Moradabad, Uttar Pradesh, India. The research is based on cross-case analysis of six brassware manufacturing units of Moradabad. We attempted to build on existing literature reviews on knowledge management process in family firms and assess how these theories fit in case of small family run export oriented enterprises, which are highly competitive. It was found family relationship, attitude to learn, critical thinking and social capital are keys in determining sustainability of these firms. A theoretical model has been curved out of the study.
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LaChapelle, Kacie, and Louis B. Barnes. "The Trust Catalyst in Family-Owned Businesses." Family Business Review 11, no. 1 (March 1998): 1–17. http://dx.doi.org/10.1111/j.1741-6248.1998.00001.x.
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Trust patterns in family-owned businesses are frequently catalyzed by one person. Such individuals are sometimes, but not always, family members who initiate, maintain, and help create higher trust for both the family and the organization. These Trust Catalysts often have little or no formal hierarchical authority in the business. To examine their influence on trust levels, we conducted in-depth interviews with more than 60 people from seven multigenerational companies and backed these findings with data from earlier pilot case studies. Their practices helped us to understand how trust develops, operates, and even expands within family business systems.
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Sacchetti, Silvia, and Ermanno Tortia. "Social responsibility in non-investor-owned organisations." Corporate Governance: The International Journal of Business in Society 20, no. 2 (January 13, 2020): 343–63. http://dx.doi.org/10.1108/cg-04-2019-0123.
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Purpose This study investigates how the creation of social value occurs in different organisational fields, and how it is implemented by organisations that are typically associated with member welfare and social objectives. The purpose of this study, specifically, is to analyse how social responsibility is implemented in organisational forms that do not pursue profit-making objectives in an exclusive or dominant way, that is, organisations that explicitly shape their aims and governance around the production of social value. Design/methodology/approach The paper discusses the main types of organisational forms and their relation with social responsibility. It then presents four case studies completed between 2011 and 2013 in Scotland, UK. These include a range of types of non-investor-owned organisations: two employee-owned companies, one co-operative enterprise and one social enterprise. The case studies have explanatory and descriptive nature, and were aimed at enquiring how non-conventional organisations design their governance, achieve economic sustainability and show capacity to produce social value. Findings Findings highlight the most common elements of the modality by which social responsibility is instituted in the non-profit sector. These include: modifying control rights (“who takes part” and “according to what criteria”); including stakeholders in decision-making processes eventually by means of external networking (how decisions are made and what resources are shared); and making societal aims explicit (“to what expected effects”). Results also emphasise that the production of social value presents challenges. Research limitations/implications Results indicate that social responsibility can be created in different ways. This study’s analysis, however, is limited to illustrative cases from the specific context of Scotland. First, further research is needed on solutions that contribute to a practical understanding on how social value is produced in a variety of contexts. Second, this research does not address what competences are required to develop such solutions. Finally, in this study, the focus has been mostly on successful cases. More insights on the difficulties and limitations that non-investor-owned organisations face when implementing social responsibility would be needed. Practical implications The implementation of this study’s findings is within the control of practitioners and can be useful to the sector, as it identifies the features and challenges of governance consistent with deep forms of social responsibility. Social implications The paper identifies forms of organisations that place the creation of social value at their core. In doing so, this study’s contribution improves understanding around forms of enterprise that can generate positive impacts for society, so that society can promote them actively. Originality/value This study’s contribution offers unique case studies using a framework that analyses social responsibility in a novel way that is by explaining how non-conventional firms design their governance consistently with the aim of producing value for society and to what extent this is done by including diverse interests coming from a variety of stakeholders.
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Tan, Wee-Liang, and Siew Tong Fock. "Coping with Growth Transitions: The Case of Chinese Family Businesses in Singapore." Family Business Review 14, no. 2 (June 2001): 123–39. http://dx.doi.org/10.1111/j.1741-6248.2001.00123.x.
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Families control more than half of the corporations in East Asia (World Bank, 1999; World Bank, 1998). The contribution of family businesses to Asia's economic growth is predicated upon successfully growing their businesses. Many family businesses in East Asia, spanning countries such as Taiwan, Hong Kong, Indonesia, Singapore, and Malaysia, are Chinese owned and managed. Some claim that these businesses will never develop into full-fledged multinational enterprises because of their cultural heritage (Redding, 1990). However, some Chinese family businesses have successfully made the transition. This paper presents an in-depth study of five Chinese family businesses in Singapore that have successfully made the transition in growth and size and across national boundaries and family generations. Their business empires extend into the Asia Pacific region. This paper highlights the key success factors of these five noteworthy family businesses that enabled them to make these growth transitions.
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Gupta, Saurabh, and Ruchi Tyagi. "A Case Study on the Human Resource Management Practices in the Family Owned versus Professionally Managed Business Enterprises." Asian Journal of Research in Business Economics and Management 8, no. 7 (2018): 1. http://dx.doi.org/10.5958/2249-7307.2018.00060.9.
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Bjuggren, Per-Olof, and Lars-Göran Sund. "Strategic Decision Making in Intergenerational Successions of Small- and Medium-Size Family-Owned Businesses." Family Business Review 14, no. 1 (March 2001): 11–23. http://dx.doi.org/10.1111/j.1741-6248.2001.00011.x.
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This paper deals with intergenerational successions of small and medium-size enterprises (SMEs). Entrepreneurs face an unavoidable succession dilemma: they must make either explicit or implicit strategic decisions about transitioning ownership of the family business. The main alternatives are to sell the company to someone outside the family or to make arrangements for an interfamily succession. In the latter case, there are many transition modes, e.g., through a gift of shares or a will. This paper uses decision trees to analyze intergenerational successions problems. One conclusion of the paper is that it is important for a society to provide a legal system that facilitates transitions of family companies within the family because the legal system will, among other positive factors connected with family businesses, preserve idiosyncratic knowledge of family character.
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Chittoor, Raveendra, and Ranjan Das. "Professionalization of Management and Succession Performance—A Vital Linkage." Family Business Review 20, no. 1 (March 2007): 65–79. http://dx.doi.org/10.1111/j.1741-6248.2007.00084.x.
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Based on inductive reasoning—case evidence from Indian family business groups and the authors' experience with family businesses in India—this article explores the impact on succession performance of succession to a nonfamily professional manager as compared to a family member, commonly referred to as professionalization of management. An important distinction is drawn between family-owned and family managed businesses and family-owned and professionally managed businesses. Then, drawing from case studies on succession process in three Indian family business groups, the article puts forth five propositions pertaining to the impact of professionalization of management on succession performance. Several directions for further research are indicated.