Family Businesses in the Trade Sector: An Examination of a Case Study from Kosovo

2015 ◽  
pp. 319-329
Author(s):  
Veland Ramadani ◽  
Gramos Gashi ◽  
Taki Fiti ◽  
Betim Humolli
Keyword(s):  
Family Businesses ◽  
Trade Sector

Classeek Spirits of the World: E-Business Internationalization

2011 ◽  
Vol 12 (2) ◽  
pp. 137-144 ◽  
Author(s):  
Harry Matlay ◽  
Paul Westhead ◽  
Mike Wright
Keyword(s):  
Small Firm ◽  
Secondary Level ◽  
Family Businesses ◽  
Firm Internationalization ◽  
The World ◽  
Reputational Capital

This case study examines the motivations and barriers to small firm internationalization. The entrepreneur's human and reputational capital, experience and knowledge are leveraged to address barriers. An e-business platform strategy is illustrated. At a secondary level, the case also demonstrates the challenges inherent in revitalizing family businesses over generations of ownership.

scholarly journals A business transformation model to enhance the sustainability of small-sized family businesses

2021 ◽  
Vol 19 (1) ◽  
pp. 185-197
Author(s):  
Anita Wijayanti ◽  
Massila Kamalrudin ◽  
Safiah Sidek ◽  
Kartika Hendra Titisari
Keyword(s):  
Family Business ◽  
Environmental Changes ◽  
Transformation Process ◽  
Family Businesses ◽  
Transformation Model ◽  
Business Transformation ◽  
Doing Business ◽  
Different Types ◽  
Observation Period

Business transformation is essential to making the small-sized family business more sustainable. Technological and environmental changes have radically transformed the way of doing business. Business transformation into digital business is the key to success in these conditions. On the other hand, some of the previous studies of business transformation in several countries and industries show different empirical evidence. This study analyzes the transformation process in a small-sized family business. This is a case study of 15 small-sized family businesses with four different types of industry, with an interview and observation period of 12 months in 2019–2020. This study has formulated a business transformation model for a small-sized family business and presented the results of the transformation process carried out. The research results indicate that a business transformation model consists of several attributes and sub-attributes. Business transformation results indicate different processes and times between companies. In general, the transformation process can be grouped into the exploration, learning, and synchronizing stages. The industry with the fastest transformation process is the hospitality industry, while the manufacturing process for the industry takes a bit longer. The results of this study indicate that business transformation has improved the sustainability of a small-sized family business that is characterized by its ability to adapt to changing technology and environmental conditions.

Resolving Family Business Disputes Through Mediation

1997 ◽  
Vol 10 (2) ◽  
pp. 115-134 ◽  
Author(s):  
John M. Haynes ◽  
Thomas M. Usdin ◽  
Ann Lee Begler ◽  
Kenneth Kaye ◽  
Florence Kaslow
Keyword(s):  
Family Business ◽  
Family Businesses ◽  
Advantages And Disadvantages

This first section is a collaborative piece that introduces a new format for Family Business Review. The first article discusses how mediation could be utilized in family-business disputes and includes a brief case study. The second set of articles is composed of invited commentary from three practitioners: an attorneyqmediator, a conflict specialist, and a psychologistqmediator. Then the authors provide a brief response to the commentary. The intent of this piece is to both educate and discuss the advantages and disadvantages of how mediation could effectively be used by family businesses to resolve conflict. We hope you enjoy the debate that ensues.

scholarly journals Self-control through board control: formalized governance in controlling owner family businesses

2017 ◽  
Vol 14 (2) ◽  
pp. 123-136
Author(s):  
Matthias Baumann ◽  
Stephan Stubner
Keyword(s):  
Challenging Behavior ◽  
Family Businesses ◽  
Self Control ◽  
Board Members ◽  
Control Problems ◽  
Single Individual ◽  
Board Processes ◽  
Multiple Case

Our study examines the role of board control tasks in mitigating self-control problems in controlling owner family businesses. We challenge the common perception that controlling owners do not require and use board control because of the concentration of ownership and management in a single individual. We argue that self-control problems, that is agency problems with oneself, have often been overlooked by existing studies on the relevance of control tasks. By using a multiple case study design, we demonstrate that controlling owners frequently use board control as a self-governing mechanism and develop several propositions on favorable board processes and compositions. Rather than independence, we propose that controlling owners should select their board members based on trust and expertise. Moreover, we propose that probing and challenging behavior by board members in combination with the controlling owner’s willingness to prepare in a formalized manner support the reduction of self-control problems.

scholarly journals Kama Group Limited

Economics ◽  
2015 ◽  
pp. 806-824
Author(s):  
Lydia Andoh-Quainoo
Keyword(s):  
Family Business ◽  
Quantitative Methods ◽  
Family Businesses ◽  
Personal Attributes ◽  
African Continent ◽  
Qualitative And Quantitative Methods ◽  
Personal Motivation ◽  
Business Cases ◽  
African Context

Family businesses and entrepreneurship research has grown but with few studies in Africa. This case study fills that gap in the research on entrepreneurship and family business cases in the African continent. The case is explored to assess the motivation and challenges influencing entrepreneurial startup businesses and founders of family businesses. Using both qualitative and quantitative methods for data collection, the research confirms some differences and similarities in the motivational factors and challenges associated with starting a business in an African context, specifically Ghanaian. This entrepreneur's family business encountered a number of challenges in its startup. However, due to strong mental attributes such as personal motivation, persistence, commitment, and hard work, he has overcome these challenges and grown the business successfully. Although environmental challenges may be greater in an emerging economy such as Ghana, personal attributes can play a key role in building and sustaining a successful family business.

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