scholarly journals The affective extension of ‘family’ in the context of changing elite business networks

2020 ◽  
pp. 001872672092407 ◽  
Author(s):  
Zografia Bika ◽  
Michael L Frazer

Drawing on 49 oral-history interviews with Scottish family business owner-managers, six key-informant interviews, and secondary sources, this interdisciplinary study analyses the decline of kinship-based connections and the emergence of new kinds of elite networks around the 1980s. As the socioeconomic context changed rapidly during this time, cooperation built primarily around literal family ties could not survive unaltered. Instead of finding unity through bio-legal family connections, elite networks now came to redefine their ‘family businesses’ in terms of affectively loaded ‘family values’ such as loyalty, care, commitment, and even ‘love’. Consciously nurturing ‘as-if-family’ emotional and ethical connections arose as a psychologically effective way to bring together network members who did not necessarily share pre-existing connections of bio-legal kinship. The social-psychological processes involved in this extension of the ‘family’ can be understood using theories of the moral sentiments first developed in the Scottish Enlightenment. These theories suggest that, when the context is amenable, family-like emotional bonds can be extended via sympathy to those to whom one is not literally related. As a result of this ‘progress of sentiments’, one now earns his/her place in a Scottish family business, not by inheriting or marrying into it, but by performing family-like behaviours motivated by shared ethics and affects.

2016 ◽  
Vol 3 (2) ◽  
pp. 200-224
Author(s):  
Bilge Deniz Çatak

Filistin tarihinde yaşanan 1948 ve 1967 savaşları, binlerce Filistinlinin başka ülkelere göç etmesine neden olmuştur. Günümüzde, dünya genelinde yaşayan Filistinli mülteci sayısının beş milyonu aştığı tahmin edilmektedir. Ülkelerine geri dönemeyen Filistinlilerin mültecilik deneyimleri uzun bir geçmişe sahiptir ve köklerinden koparılma duygusu ile iç içe geçmiştir. Mersin’de bulunan Filistinlilerin zorunlu olarak çıktıkları göç yollarında yaşadıklarının ve mülteci olarak günlük hayatta karşılaştıkları zorlukların Filistinli kimlikleri üzerindeki etkisi sözlü tarih yöntemi ile incelenmiştir. Farklı kuşaklardan sekiz Filistinli mülteci ile yapılan görüşmelerde, dünyanın farklı bölgelerinde mülteci olarak yaşama deneyiminin, Filistinlilerin ulusal bağlılıklarına zarar vermediği görülmüştür. Filistin, mültecilerin yaşamlarında gelenekler, değerler ve duygusal bağlar ile devam etmektedir. Mültecilerin Filistin’den ayrılırken yanlarına aldıkları anahtar, tapu ve toprak gibi nesnelerin saklanıyor olması, Filistin’e olan bağlılığın devam ettiğinin işaretlerinden biridir.ABSTRACT IN ENGLISHPalestinian refugees’ lives in MersinIn the history of Palestine, 1948 and 1967 wars have caused fleeing of thousands of Palestinians to other countries. At the present time, its estimated that the number of Palestinian refugees worldwide exceeds five million. The refugee experience of Palestinians who can not return their homeland has a long history and intertwine with feeling of deracination. Oral history interviews were conducted on the effects of the displacement and struggles of daily life as a refugee on the identity of Palestinians who have been living in Mersin (city of Turkey). After interviews were conducted with eight refugees from different generations concluded that being a refugee in the various parts of the world have not destroyed the national entity of the Palestinians. Palestine has preserved in refugees’ life with its traditions, its values, and its emotional bonds. Keeping keys, deeds and soil which they took with them when they departed from Palestine, proving their belonging to Palestine.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bo Wang ◽  
Qiang Liang ◽  
Lihong Song ◽  
Erming Xu

Purpose With features of both “family” and “business,” family businesses must seek a balance between the emotional aspect of “family” and the economic aspect of “business” in its organizational and decision-making processes to ensure the sustainability of the family’s entrepreneurship. This study aims to focus on how internal institutional complexity combined evolves alongside the growth of the family business. Design/methodology/approach The research looks, from the perspective of institutional logic, into the Charoen Pokphand Group, which is an epitome of overseas Chinese family businesses and proceeds to build a model of family business growth in the context of institutional complexity. Findings The research finds that as a family business grows, institutional complexity inside the organization would change from aligned period to sustaining period and then to dominant period. Then further elucidates the process of proactive response in different stages of the development of a family business. Attaching equal importance to the cultivation of entrepreneurship and to the continuation of family values and culture is the crucial mechanism by which Chinese family businesses seek a balance between family logic and business logic. Originality/value This paper unveils the change of institutional complexity in the evolution of family businesses and the process of action of its agency as an organization, and simultaneously partly reveals the features of entrepreneurship that overseas Chinese family businesses have as they grew, which is of positive significance for exploring and building a path of growth unique to Chinese family businesses.


Author(s):  
Nuria Puig

AbstractFamily capitalism became considerably empowered over the three decades prior to the great recession in 2008. This article argues that the construction of transnational family business networks through the coordinated action of individuals and institutions was crucial to the overall legitimization of family capitalism. The rise of a family business institutional infrastructure in the United States and its creative translation into the European context are first described and then analysed in the light of organizational communication theory. Building on the communication as constitutive of organizations view (CCO) and on Casson’s studies on the economics of trust, the article shows that interpersonal and inter-organizational trust and communication played a key role in the institutionalization of family business on both sides of the Atlantic. Consultants and the other drivers of this fascinating process acted primarily as trust brokers, helping to reduce transaction and information costs and bridge the gap between business owners, external professionals, and society. Finally, the story of the family business movement confirms that elites can easily manage cultural differences to engage in transnational networking. However, structural differences between US and European networks suggest that national institutional settings strongly influence communication among interest groups and its organizational outcome.


Author(s):  
Maria Bella ◽  
Maichal Maichal

<p>This research aims to find out how significant the mindset, leadership, and family values influence the organizational culture of family firms. This research is a quantitative research which uses questionnaires as the data collection method. The population of this research is the students of University of Ciputra who attend the Family Business class in the odd semester of 2016 Entrepreneurship subject. There are 59 respondents’ data which fit as samples of this research and the data is processed by using the Partial Least Square (PLS) analysis method. The result of this research shows that (1) mindset significantly affects leadership, (2) leadership does not significantly affect the organizational culture of family firms, (3) mindset significantly affects family values, (4) family values significantly affect the organizational culture of family firms, (5) family values do not significantly affect leadership, (6) mindset does not significantly affect the organizational culture of family firms, and (7) the organizational culture of family firms can be formed by the leader’s mindset which are reflected through the family values believed and applied within the companies.</p><p><em><strong>Bahasa Indonesia Abstrak</strong>: Penelitian ini bertujuan untuk mengetahui seberapa signifikan mindset, kepemimpinan, dan nilai keluarga berpengaruh terhadap budaya organisasi perusahaan keluarga. Penelitian ini merupakan penelitian kuantitatif yang menggunakan kuesioner sebagai metode pengumpulan data. Populasi pada penelitian ini adalah mahasiswa Universitas Ciputra yang tergabung dalam kelas Family Business pada mata kuliah Entrepreneurship semester ganjil 2016. Terdapat 59 data responden yang dinyatakan layak untuk digunakan sebagai sampel penelitian dan data diolah dengan menggunakan metode analisis Partial Least Square (PLS). Hasil dari penelitian ini menunjukkan bahwa (1) mindset berpengaruh secara signifikan terhadap kepemimpinan, (2) kepemimpinan tidak berpengaruh secara signifikan terhadap budaya organisasi perusahaan keluarga, (3) mindset berpengaruh secara signifikan terhadap nilai keluarga, (4) nilai keluarga berpengaruh secara signifikan terhadap budaya organisasi perusahaan keluarga, (5) nilai keluarga tidak berpengaruh secara signifikan terhadap kepemimpinan, (6) mindset tidak berpengaruh secara signifikan terhadap budaya organisasi perusahaan keluarga, (6) kepemimpinan tidak berpengaruh secara signifikan terhadap budaya organisasi perusahaan keluarga, dan (7) budaya organisasi perusahaan keluarga dapat dibentuk oleh mindset pemimpin yang tercerminkan melalui nilai keluarga yang diyakini dan ditanamkan di dalam perusahaan.</em></p>


1997 ◽  
Vol 10 (1) ◽  
pp. 53-67 ◽  
Author(s):  
Neil C. Churchill ◽  
Kenneth J. Hatten

Family businesses are basically owner-managed enterprises with the family involved within the business. When, to family ties within the business, is added the biological inevitability of an eventual transfer of power, family succession becomes an alternative to selling the business—a transfer based on non-market considerations. A framework for studying family businesses is proposed which has succession as its anchor. The succession process is where changes in management, in strategy, and in control are planned for and executed. The framework is built upon stages of the family enterprise which emanate from the biological reality of parent and offspring being separated by age and business experience, but wedded together by “blood” and a shared family experience.


2013 ◽  
Vol 16 (5) ◽  
pp. 102-114 ◽  
Author(s):  
Hsien-Tang Tsai ◽  
Tung-Ju Wu ◽  
Shang-Pao Yeh

In Chinese society, a guanxi network is based on kinship or family ties of affection. This special pattern has a historical background and is one of the important factors that have enabled many Taiwanese enterprises to continue operating through the decades. The personal links between people create a kind of social network known as guanxi, which is a unique characteristic of Chinese society. The study aims to investigate the guanxi type of managers in Taiwanese family businesses, and examines how the guanxi type may moderate the correlation between the managers’ power and the influence tactics used to handle subordinates. We surveyed 178 managers who are working in Taiwanese family business. The results of the hierarchical regression modeling showed that as managers have more position power, especially those exercising the family guanxi, they are more likely to be assertive in their treatment of their subordinates. Managers possessing the friend guanxi often play a bridging role to complement the function of those managers with the family guanxi, who may use the assertive approach too strongly. Managers of this type can provide a “lubricant effect” and keep the family business running smoothly. We recommend that family business owners should pay more attention to relationship harmony and internal communication channels in their organisations.


1998 ◽  
Vol 11 (3) ◽  
pp. 267-274 ◽  
Author(s):  
Henry C. Krasnow ◽  
Robin L. Wolkoff

This article suggests research to determine whether more valuable legal advice can be given in three areas. The emotional distress caused by prenuptial agreements to people under 30 years old who are marrying for the first time is not justified because these agreements often do not accomplish their intended goals. Regarding estate planning, business owners and their lawyers often focus primarily on tax savings without considering the long-term impact of the estate plan on the family business. Finally, the advantages to the family business of agreements for the buyout of disgruntled minority shareholders are discussed.


Author(s):  
Ivan Lansberg ◽  
Mary Alice Crump ◽  
Sachin Waikar

This case presents the history and recent governance challenges of Carvajal, S.A., a Colombia-based, family-owned, billion-dollar-plus holding company that had offered printing-related (e.g., Yellow Pages, notebooks) and other products and services across and beyond South America for more than a century. Specifically, the case details the company’s state of affairs in early 2011, a time by which Carvajal’s flagship businesses had matured rapidly with the emergence of digital technology and diminished demand for paper/print-based products. Though profits and growth remained positive, Carvajal’s leaders knew that upholding the business’s legacy of returns, dividends for all family members, and extensive philanthropy would take significant strategy and execution.Compounding the strategy issues, Carvajal faced these market challenges with new leadership: the first non-family CEO since the company’s inception. Well-established Colombian executive Ricardo Obregon had been hired in 2008 over two family candidates to lead the business. Obregon was to oversee a complex governance network that included a holding company with seven operating companies, their management and respective boards, a family council, and 280 members (including spouses) of a shareholding family in its sixth generation. Carvajal’s business and family leaders had to face market issues and decisions that included the possibility of taking public the operating companies and/or the holding company while maintaining the business’s long traditions of unity, respect, strong ethics, and philanthropy. That meant optimizing several crucial relationships: between the family and the new CEO; between the family and the board; between the operating companies and the holding company; and between members of the large Carvajal family, many of whom now resided outside of Colombia and Latin America.Understand general and specific challenges associated with carrying on a longstanding family business facing multiple market challenges; explore the process of engaging a complex family-business governance network to handle business challenges while maintaining family values; consider the effects of culture on a multi-generation family business.


1995 ◽  
Vol 8 (1) ◽  
pp. 17-28 ◽  
Author(s):  
Barbara Dunn

A series of workshops were held in Scotland to help family business managers identify and overcome obstacles to success. Core themes that emerged were family values, responsiveness to change, and family dynamics. The findings suggest that family enterprises have unique developmental characteristics with implications for economic and business development frameworks such as those in Scotland, which do not differentiate family businesses. A model is presented to analyze and categorize family enterprises in order to illustrate the issues facing family enterprises. The model provides insights into the source and effect of family values and family dynamics on the business and fosters business growth and development.


Sign in / Sign up

Export Citation Format

Share Document