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Family Firm Values Explaining Family Firm Heterogeneity
Family Business Review, 2019Family firm heterogeneity results in reduced predictability of firm behavior as well as inconsistent results regarding research on family firm behavior. We argue that family firm heterogeneity is based, among other factors, on values heterogeneity. In order to lay the ground for future research, we develop a taxonomy of family firms based on values ...
Sabine B. Rau +2 more
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Family Succession and Firm Performance: Evidence from Italian Family Firms [PDF]
SSRN Electronic Journal, 2008 This article contributes to the growing empirical literature on family firms by studying the impact of the founder-chief executive officer (CEO) succession in a sample of Italian firms. We contrast firms that continue to be managed within the family by the heirs to the founders with firms in which the management is passed on to outsiders.
Marco Cucculelli, Giacinto Micucci
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Family Firm’s Succession and Firm’s Sustainability
Journal of Family and Economic Issues, 2021Family firms are an important source of wealth creation and employment growth. One reason for the low survival rate of family firms is issues with succession, as the failure to plan for succession may shake the firm’s foundation. As competitive advantages do not exist forever, successors should take over at an appropriate time to maintain the firm’s ...
Hsiangtsai Chiang +2 more
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Firm family firms: Current debates of corporate governance in family firms
Journal of Family Business Strategy, 2012Abstract We reassess the effects of family ownership and strong family control on non-family minority and non-controlling shareholders. We argue that assumptions and interpretations regarding the cost and benefits of family ownership in the extant literature need to be understood relative to other firm governance arrangements.
Ruth V. Aguilera, Rafel Crespi-Cladera
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2023
This Element reinvigorates calls to explore avenues to further integrate the research fields of Organization Theory (OT) and Family Business (FB). It presents the family business literature in management journals and categorizes these papers based on four types of theoretical contribution: Embedded, Integrative, Challenger and Generalized. It discusses
Micelotta, Evelyn +2 more
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This Element reinvigorates calls to explore avenues to further integrate the research fields of Organization Theory (OT) and Family Business (FB). It presents the family business literature in management journals and categorizes these papers based on four types of theoretical contribution: Embedded, Integrative, Challenger and Generalized. It discusses
Micelotta, Evelyn +2 more
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2014
Firms are controlled by the family members with few professionals for long periods through history and it means the power to fix the price of products or services by arbitrary methods. These are exclusively reliable and experienced companies. However in the regular markets prices of products and services are.
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Firms are controlled by the family members with few professionals for long periods through history and it means the power to fix the price of products or services by arbitrary methods. These are exclusively reliable and experienced companies. However in the regular markets prices of products and services are.
openaire +3 more sources
Can non-family firms be more like family firms? Comparing SEW in family and non- family firms.
Academy of Management Proceedings, 2017While much of the family-firm literature has been based on the assumption that all family firms are rich in socio-emotional wealth (SEW) and that they aim to preserve this SEW, most studies have considered family firms as a whole, and have ignored the fact that they may differ to a great extent while possessing different levels of SEW.
Inés Herrero +2 more
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Are family firms more optimistic than non-family firms?
Accounting Research Journal, 2019Purpose The purpose of this study is to investigate how family ownership affects the disclosure tone of firm earnings press releases. Design/methodology/approach Following prior literature, this study defines family firms as those in which members of the founding families continue to hold positions in top management, to sit on the board or to be ...
Xuan Huang, Fei Kang
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Journal of Family Business Strategy, 2017
We revisit the question of family firms (FFs) and their capacity for internationalization, and link it to the literature on national competitiveness. We draw widely on the FF competitive advantage and internationalization literature to argue that FFs’ organizing preferences and capabilities will typically support exporting and that these same ...
Carney, Michael +3 more
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We revisit the question of family firms (FFs) and their capacity for internationalization, and link it to the literature on national competitiveness. We draw widely on the FF competitive advantage and internationalization literature to argue that FFs’ organizing preferences and capabilities will typically support exporting and that these same ...
Carney, Michael +3 more
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Family influence on firm performance: Finnish publicly held family firm perspective
International Journal of Entrepreneurship and Innovation Management, 2011The study aims at examining the effect of family influence on firm performance. An empirical focus is put on comparison of return on investment of publicly held family and non family firms in Finland. The income statement and balance sheet data of the companies covers the years 2000–2005.
Kansikas Juha +2 more
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