scholarly journals Understanding the transgenerational orientation of family businesses: the role of family governance and business family identity

2016 ◽  
Vol 87 (6) ◽  
pp. 749-777 ◽  
Author(s):  
Julia Suess-Reyes
Keyword(s):  
Family Businesses ◽  
Family Identity ◽  
Family Governance ◽  
Business Family

The role of foundations in family governance

2019 ◽  
Vol 26 (1) ◽  
pp. 4-10
Author(s):  
Dominique Jakob
Keyword(s):  
Family Values ◽  
Family Businesses ◽  
Inheritance Law ◽  
Family Structures ◽  
Family Governance ◽  
Legal Structures ◽  
The Right

Abstract Family businesses nowadays face numerous challenges caused by multinational family structures, the interplay of generations and inheritance law. This article deals with the role that foundations can play in safeguarding family governance within family businesses. It explains the various models of how foundations can be used as holding structures for businesses. However, as the force of law is limited, the article then focuses on how to integrate family values into the legal tools and attempts to identify the right questions that have to be addressed in order to successfully combine solid legal structures with sustainable family happiness.

scholarly journals Accounting information as a facilitator of inter-generational transfer in family businesses: The case of an Andalusian business family

2018 ◽  
Vol 14 (1) ◽  
pp. 23-30 ◽  
Author(s):  
Francisco Javier Fernández-Roca ◽  
Jesús D. López-Manjón ◽  
Fernando Gutiérrez-Hidalgo
Keyword(s):  
Accounting Information ◽  
Family Businesses ◽  
Business Family

scholarly journals A bizalom szerepe a családi vállalatokban = Role of Trust in Family Businesses

2020 ◽  
Vol 15 (3) ◽  
pp. 106-118
Author(s):  
Éva Vajda
Keyword(s):  
Family Businesses

A tanulmány a bizalom szerepét mutatja be a családi vállalatok versenyelőnyének megszerzése és megtartása szempontjából. A cikk két jól elkülöníthető részből áll. Egyrészt egy rövid beszámolót tartalmaz a Budapesti Corvinus Egyetem Családi Vállalatok Központjának pódiumbeszélgetéséről, amelynek témája a családi vállalatok generációváltása során az utódok karrierdöntésének dilemmája volt. Másrészt egy irodalomáttekintést foglal magában, amelyben taglalom a családi vállalatok fogalmát, jelentőségét; kitérek a bizalom fogalmára és jellemzőire, végül bemutatom a bizalom fenntartását a családi vállalatokban.

The Development of an Entrepreneurial Legacy: Exploring the Role of Anticipated Futures in Transgenerational Entrepreneurship

2018 ◽  
Vol 31 (3) ◽  
pp. 352-378 ◽  
Author(s):  
Francesco Barbera ◽  
Isabell Stamm ◽  
Rocki-Lee DeWitt
Keyword(s):  
Multiple Generations ◽  
Dynamic Character ◽  
The Past ◽  
Three Generations ◽  
Family Storytelling ◽  
Business Family ◽  
Analysis Of Narratives ◽  
Forward Looking

Entrepreneurial legacies play an important role in transgenerational entrepreneurship, yet little is known about their nature and development. Through a multilayered analysis of narratives drawn from three generations of a single business family, we document that entrepreneurial legacies feature both stable and fluid elements, and that forward-looking components in family storytelling—which we refer to as “anticipated futures”—affect this dynamic character. We further show how such narratives can prompt, sustain, and disrupt entrepreneurship across multiple generations. Our findings offer insights that refine our understanding of entrepreneurial legacies beyond mere projections of the past through secondhand imprinting.

Entrepreneurship and Innovation in Latin American Family Firms

2017 ◽  
pp. 497-516
Author(s):  
Verónica Baños-Monroy ◽  
Edgar Ramírez-Solís ◽  
Lucia Rodríguez-Aceves
Keyword(s):  
Latin American ◽  
Family Firms ◽  
Family Businesses ◽  
Policy Implications ◽  
American Family ◽  
Secondary Sources ◽  
Main Driver ◽  
Global Entrepreneurship

This chapter examines the role of entrepreneurship and innovation in the development of family businesses in Latin America. The socio-economic dynamics of such region is an interesting field for research, mainly because: it is a major manufacturing hub with growing importance in retail; it experienced a huge economical shift in the last ten years causing the growth of the middle class (an increase of 50 million people); family firms in the region are the main driver of growth and employment. The authors focused the analysis on Mexico due to its singular characteristics, making it a representative example of the region. Based on secondary sources, a characterization of the entrepreneurship and innovation in family owned and managed firms in the region is reviewed. Moreover, based on the Global Entrepreneurship Monitor database, the authors present some recent data related with entrepreneurship levels in the region and its impact in terms of innovation. Finally, public policy implications are provided in order to encourage entrepreneurship and innovation in family businesses.

The Family Company in Spain

2018 ◽  
pp. 237-257
Author(s):  
Ma Asunción López-Arranz
Keyword(s):  
Business Environment ◽  
Family Values ◽  
Family Businesses ◽  
Business Activity ◽  
Sustainable Business ◽  
Quality Requirements ◽  
Business Innovation ◽  
Technological Advances ◽  
The Family

The objective and justification of the chapter focuses on the importance that family businesses in Spain have in the current business environment, which is characterized by great instability. Also in the center of focus is how these family businesses integrate family values with a sustainable business. Innovation, technological advances, market internationalization, quality requirements, and the differentiation of products and/or services, among others, have led to important reflections on how to organize companies, especially family businesses. Nowadays and as a result of the economic crisis, it has been possible to observe a growing creation of family businesses in Spain, which reflects a driving role of business activity in its capacity to undertake and contribute to innovation. Thus, the figures provided by the Institute of Family Business in 2016 show that 90% of Spanish companies are family businesses and contribute about 60% of Spanish GDP and represent 70% of jobs in the private sector as a whole.

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