Cooperation Between Performance and Innovation Engine: An Exploratory Study of Digital Innovation Labs in Family Business

2020 ◽  
pp. 249-259
Author(s):  
Melina Schleef ◽  
Jasper Steinlechner ◽  
Christine Strauss ◽  
Christian Stummer
Keyword(s):  
Family Business ◽  
Exploratory Study ◽  
Digital Innovation

Defining family business efficacy: An exploratory study

2021 ◽  
Author(s):  
Wejdan AL Kayid ◽  
Zhongqi Jin ◽  
Constantinos-Vasilios Priporas ◽  
Sumeetra Ramakrishnan
Keyword(s):  
Family Business ◽  
Exploratory Study

Strategic Choice and the Nature of the Chinese Family Business: An Exploratory Study of the Hong Kong Watch Industry

2003 ◽  
Vol 24 (9) ◽  
pp. 1405-1435 ◽  
Author(s):  
Howard Davies ◽  
Catherine Ma
Keyword(s):  
Hong Kong ◽  
Family Business ◽  
Exploratory Study ◽  
Strategic Choice ◽  
Business Strategies ◽  
Chinese Family ◽  
Continuous Variables ◽  
Strategic Choices ◽  
The Relationship ◽  
Watch Industry

This study examines the relationship between the nature of the Chinese Family Business (CFB) and the business strategies adopted, in the setting of the Hong Kong watch industry. The nature of the CFB is conceptualized and measured as a set of sub-dimensions, represented by continuous variables. It is hypothesized that ‘ CFBness’ is positively associated with ‘traditional’ business strategies, but inhibitive of ‘upgrading’. The results show that the hypotheses are partially supported. While the findings support the view that firms’ strategic choices are constrained by material and ideational influences in their environment, only a small proportion of the variation in business strategies is accounted for by ‘CFB-ness’, leaving ample room for human agency. Overall, the results support a ‘middle view’ between the deterministic and voluntaristic perspectives, whereby firms exercise strategic choice within an environment that predisposes, but does not fix, their behaviour.

Ethics in Family and Non-Family Owned Firms: An Exploratory Study

1996 ◽  
Vol 9 (2) ◽  
pp. 157-170 ◽  
Author(s):  
Janet S. Adams ◽  
Armen Taschian ◽  
Ted H. Shore
Keyword(s):  
Family Business ◽  
Ethical Behavior ◽  
Exploratory Study ◽  
Family Firms ◽  
Codes Of Ethics ◽  
Structured Interview ◽  
Role Modeling ◽  
Interview Data ◽  
Matched Sample

Limited research on ethics in family business leads to competing arguments regarding whether family firms are more, less or equally as ethical as non-family controlled firms. Comparing structured interview data from 214 respondents in family firms with a proportionally matched sample of 230 respondents in non-family-owned firms, we found few—but important—differences in ethics-related attitudes, behavior and experiences. Fewer family-owned businesses had formal codes of ethics. They were more likely to employ informal methods to promote ethical behavior, with role modeling of expected behaviors regarded as more important than in non-family firms.

Examining the Relation Between Ethical Focus and Financial Performance in Family Firms: An Exploratory Study

2010 ◽  
Vol 23 (4) ◽  
pp. 310-326 ◽  
Author(s):  
Ernest H. O'Boyle ◽  
Matthew W. Rutherford ◽  
Jeffrey M. Pollack
Keyword(s):  
Firm Performance ◽  
Financial Performance ◽  
Family Involvement ◽  
Family Business ◽  
Exploratory Study ◽  
Family Firms ◽  
Research Area ◽  
Future Research ◽  
Business Studies ◽  
And Performance

Empirically, the confluence of family involvement, ethics, and performance is a sparse research area. The authors explore a rich theoretical framework relating family involvement, ethical focus, and firm performance and empirically test a mediated model using a sample of 526 family businesses. The results illustrated that a firm’s ethical focus mediated the relation between family involvement and financial performance. Specifically, data supported the relation between family involvement and a firm’s ethical focus. And increased ethical focus predicted increased financial performance. The authors discuss the implications of these findings and offer potential areas for future research in family business studies.

Creating an Environment for Successful Nonfamily CEOs: An Exploratory Study of Good Principals

2007 ◽  
Vol 20 (4) ◽  
pp. 321-335 ◽  
Author(s):  
Timothy P. Blumentritt ◽  
Andrew D. Keyt ◽  
Joseph H. Astrachan
Keyword(s):  
Family Business ◽  
Exploratory Study ◽  
Family Members ◽  
Academic Work ◽  
Family Businesses ◽  
Interpersonal Competencies ◽  
Selection Of

Nonfamily CEOs are an important part of the managerial efforts of many family businesses. However, little academic work has focused on these managers, who reside in the dual worlds of business and family. This article presents a study based on interviews with 27 family members and nonfamily CEOs (NFCs) with the objective of exploring what makes for successful NFCs. We find that successful nonfamily CEO engagements are characterized by the selection of an individual with both business and interpersonal competencies, and the support of both family business boards and councils.

Important Attributes of Successors in Family Businesses: An Exploratory Study

1998 ◽  
Vol 11 (1) ◽  
pp. 19-34 ◽  
Author(s):  
James J. Chrisman ◽  
Jess H. Chua ◽  
Pramodita Sharma
Keyword(s):  
Birth Order ◽  
Family Business ◽  
Exploratory Study ◽  
Family Firms ◽  
Family Businesses ◽  
The Family ◽  
And Gender

Respondents from 485 family firms in Canada rated integrity and commitment to the business as the most important attributes of a successor. Results indicated that the older the family business and the longer the respondent's tenure in that business, the more important these attributes became. Birth order and gender were rated the least important, despite the attention the literature has given to those attributes.

Characteristics and Key Success Factors in Family Business: The Case of Korean Immigrant Businesses in Metro-Atlanta

1999 ◽  
Vol 12 (4) ◽  
pp. 341-352 ◽  
Author(s):  
Young-Ho Nam ◽  
James I. Herbert
Keyword(s):  
Family Business ◽  
Succession Planning ◽  
Exploratory Study ◽  
Success Factors ◽  
The United States ◽  
Korean Immigrant ◽  
Key Success Factors ◽  
Ethnic Business ◽  
Similarities And Differences ◽  
The U.S

Immigrant businesses in the United States are a vibrant and growing part of the economy, and their similarities and differences to other family businesses in the U.S. are worthy of investigation.This paper examines two elements of Korean immigrant businesses in Metro-Atlanta: characteristics (ethnic business, general family business, ownership and succession planning, strategic planning, and conflict and communication) and key success factors. There were 93 respondents in this exploratory study. This paper discusses the results and implications of the study.

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