scholarly journals Integrating Time Into Family Business Research

2013 ◽  
Vol 27 (1) ◽  
pp. 20-34 ◽  
Author(s):  
Thomas H. Allison ◽  
Aaron Francis McKenny ◽  
Jeremy Collin Short
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Critical Phenomenon ◽  
Family Firm ◽  
Organizational Ambidexterity ◽  
Business Research ◽  
Changes Over Time ◽  
Exploration Versus Exploitation ◽  
Over Time

Organizational ambidexterity refers to a firm’s ability to pursue both exploitation and exploration orientations. Despite research that suggests ambidexterity is a critical phenomenon in family firms, few studies directly examine the role of ambidexterity over time in family business. This study examines how family firm ambidexterity changes over time as a result of temporal-, firm-, and industry-level factors. We find that family firm ambidexterity is stable over time, punctuated by dramatic changes. We also find that the level of innovation required to compete in an industry is a predictor of changes in exploration versus exploitation over time among family firms.

scholarly journals Family Firm Heterogeneity and Tax Avoidance: The Role of the Founder

2019 ◽  
Vol 32 (3) ◽  
pp. 296-317 ◽  
Author(s):  
Alexander Brune ◽  
Martin Thomsen ◽  
Christoph Watrin
Keyword(s):  
Family Business ◽  
Loss Aversion ◽  
Family Firms ◽  
Firm Heterogeneity ◽  
Tax Avoidance ◽  
Family Firm ◽  
One Dimension ◽  
Direct Influence ◽  
Business Research

Family business research suggests that the population of family firms cannot be regarded as a homogenous group. Therefore, with respect to tax avoidance, we analyze the role of the founder as one dimension of family firm heterogeneity. Specifically, we consider socioemotional wealth loss aversion and find that founders may affect the level of tax avoidance not only when they have direct influence (i.e., serving as CEO) but also when they possess solely indirect influence (i.e., having substantial ownership or a seat on the board). Overall, our results suggest that founders remain attached to their firms despite giving up executive positions.

Conflict between Controlling Family Owners and Minority Shareholders: Much Ado about Nothing?

2017 ◽  
Vol 41 (6) ◽  
pp. 999-1027 ◽  
Author(s):  
Geoffrey Martin ◽  
Luis R. Gómez–Mejía ◽  
Pascual Berrone ◽  
Marianna Makri
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Agency Problem ◽  
Family Firm ◽  
Business Research ◽  
Minority Shareholders ◽  
Publicly Traded ◽  
Much Ado About Nothing ◽  
Shareholder Proposals ◽  
Unique Nature

We examine the unique nature of conflict between controlling family owners and minority shareholders (principal–principal conflict) in publicly traded family controlled firms through examining shareholder proposals. Implicit in prior governance and family business research has been that nonfamily shareholders are likely to be in conflict with the dominant family owners. In general, we find that much of this fear may be unwarranted except under specific circumstances. Our findings elucidate sources of heterogeneity in family firm principal–principal conflict and add greater nuance to our understanding of this type of agency problem within family firms.

scholarly journals Coexistence, Unity, Professionalism and Prudence

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Miguel-Angel Gallo
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Family Members ◽  
Family Firm ◽  
Family Businesses ◽  
The Family ◽  
Over Time

Family firms are complex and dynamic entities that are rich with peculiar, idiosyncratic features. The objective of this paper is to provide guidance to help those involved in family businesses, businesspersons, and family members to pursue the continuity of the family firm over time. Based on the author’s experience with entrepreneurs who built successful businesses, this paper identifies four elements that are critical to achieve transgenerational continuity in family firms, namely: coexistence, unity, professionalism, and prudence. The analysis of each element provides suggestions and key considerations for both scholars and practitioners in the family business field.

DETERMINANTS OF FAMILY BUSINESS RESILIENCE AFTER A NATURAL DISASTER BY GENDER OF BUSINESS OWNER

2009 ◽  
Vol 14 (04) ◽  
pp. 333-354 ◽  
Author(s):  
SHARON M. DANES ◽  
JINHEE LEE ◽  
SAYALI AMARAPURKAR ◽  
KATHRYN STAFFORD ◽  
GEORGE HAYNES ◽  
...  
Keyword(s):  
Natural Disasters ◽  
Natural Disaster ◽  
Family Business ◽  
Family Firms ◽  
Family Firm ◽  
Family Resilience ◽  
Disaster Assistance ◽  
National Family ◽  
Over Time ◽  
Disaster Exposure

Using National Family Business Panel data combined with national natural disaster and federal disaster assistance data, the purpose of the study was to investigate relative contributions of human, social and financial capital; natural disaster exposure; and federal disaster assistance to business-owning family resilience over time for male and female family business owners. With a theoretical foundation of Sustainable Family Business and Conservation of Resources theories, the study examined 311 small family firms from the National Family Business Panel. Federal disaster assistance explained a significant amount of variance in firm-owning resilience. Higher levels of federal disaster assistance were associated with lower family firm resilience for male-owned businesses and higher family firm resilience for female-owned businesses. This study advances knowledge of firm sustainability after natural disasters by adding to the conceptualization and measurement of family firm resilience; by having baseline firm financial data prior to disaster exposure; by utilizing a national, representative, longitudinal family firm sample; by including a range of natural disasters and federal disaster assistance; and by including family resilience over time.

Emotional intelligence in family firms

2014 ◽  
Vol 4 (1) ◽  
pp. 4-23 ◽  
Author(s):  
Gonzalo Gómez Betancourt ◽  
Isabel C. Botero ◽  
Jose Bernardo Betancourt Ramirez ◽  
Maria Piedad López Vergara
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Family Members ◽  
Family Firm ◽  
Business Owners ◽  
Interpersonal Dynamics ◽  
Content Type ◽  
The Family

Purpose – Although researchers have highlighted the importance of relational and family factors for the sustainability of a family firm, there is not much empirical research exploring how emotions and the management of emotions play a role in the interpersonal dynamics of family business owners. The purpose of this paper is to explore how the way family members manage their emotions affects the interpersonal dynamics in the family, business, and ownership subsystems of a family firm. Design/methodology/approach – The paper presents an in-depth case study from a family firm in Colombia-South America. Findings – The results indicate that the capability that family members have to manage their emotions influences the interpersonal dynamics that take place in the family firm at the individual and group level. In this case, the paper found that although emotional intelligence (EI) affected interpersonal relationships in a firm, this effect was based on the individual's willingness to use their EI capabilities, previous history between people, and the goals individuals have within each subsystem in a family firm. The paper also found that interpersonal dynamics, in turn, influence how family members work together. Research limitations/implications – Because this study uses an in-depth case study, the intention of the paper is to provide an initial picture of how EI can play a role in the interpersonal interactions between family business owners. The authors hope that this study can be used as a building block to enhance the understanding of the role of EI in family firms. Practical implications – EI represents an individual's capability to perceive, understand, manage, and regulate self and other's emotions. For family firms, this means that family business owners can use this capability to determine how to enact their roles in the family firm and how to interact with other to ensure harmony in their relationships. Originality/value – This paper builds on previous work on emotions in family firms to explore the role of EI in family firms, and provides an empirical exploration of the role of management of emotions in family firms.

scholarly journals Innovation trough Tradition in Family Business

2019 ◽  
Vol 15 (1) ◽  
pp. 157
Author(s):  
Cinzia Vallone ◽  
Barbara Iannone
Keyword(s):  
Family Business ◽  
Family Firms ◽  
New Products ◽  
Family Firm ◽  
Family Smes ◽  
Innovation Approach

This study attempts to explore the role of tradition in the development of innovations in the pasta sector of family firms handed down for generations. We describe and discuss the different impacts of tangible and intangible sources of tradition on the development of family SMEs. There is a gap in the literature about family firm’s innovation issue. The results are inconsistent. We use a case study to investigate which variables affect innovation approach and how traditions can contribute to the development of new products or unique services.

The Family Firm's Exclusion from Business School Research: Explaining the Void; Addressing the Opportunity

1997 ◽  
Vol 21 (3) ◽  
pp. 55-71 ◽  
Author(s):  
Reginald A. Litz
Keyword(s):  
Family Business ◽  
Business School ◽  
Family Firms ◽  
Interaction Patterns ◽  
Business Research ◽  
Organizational Research ◽  
The Family ◽  
School Research

Why does the vast majority of business school research either ignore, or at best, gloss over the role of family in owning or managing business enterprises? This paper addresses this question and contemplates how the gap might be remedied. It begins by reviewing recent definitional work on the family firm in order to chart the parameters of the family business construct. It then proceeds to describe the nature of, and interaction patterns that have evolved between family firms, privately held corporations, faculties of business, and business school researchers seeking job security offered by tenure. The paper concludes by offering recommendations for addressing the family business research lacuna. The first recommendation focuses on rethinking the grounding assumptions that have undergirded much traditional organizational research. The second suggestion deals with methodological issues and recommends the patient nurture of long-term, mutually beneficial linkages with family firms that might facilitate in-depth longitudinal inquiry.

Definitions, Diversity and Development: Key Debates in Family Business Research

2009 ◽  
Author(s):  
Carole Howorth ◽  
Mary Rose ◽  
Eleanor Hamilton
Keyword(s):  
Family Business ◽  
Cultural Context ◽  
Family Firms ◽  
Path Dependency ◽  
Family Firm ◽  
Policy Implications ◽  
Business Research ◽  
The Past ◽  
Definition Of ◽  
Strong Path

This article begins with an examination of definitions of family firms. The debate about what constitutes a family firm is every bit as complex as the definition of an entrepreneur. This article explores the range of definitions but shows that any definition needs to be interpreted in its economic, social, institutional, and cultural context. An explanation for the multiplicity of definitions is provided in in this article, which explores the diversity in scale, scope, organization, and longevity of family firms, and shows differences through time in different societies and between families. The article also demonstrates the strong path dependency of family firm development, with change (or lack of it) underpinned by the foundations of the past. The article further explores research which compares the performance of family firms with non-family firms and this highlights the potential policy implications of family business research.

Making gender visible in family business: past and present

2012 ◽  
Vol 13 (1) ◽  
Author(s):  
Paloma Fernández Pérez ◽  
Eleanor Hamilton
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Business Leadership ◽  
Legal Rules ◽  
Developed Economies ◽  
The Family ◽  
Interdisciplinary Synthesis ◽  
Complex Forms ◽  
Rules Of The Game

This  study  contributes  to  developing  our understanding of gender and family business. It draws on studies from the business history and management literatures and provides an interdisciplinary synthesis. It illuminates the role of women and their participation in the entrepreneurial practices of the family and the business. Leadership is introduced as a concept to examine the roles of women and men in family firms, arguing that concepts used  by  historians or economists like ownership and management have served to make women ‘invisible’, at least in western developed economies in which owners and managers have been historically due to legal rules  of  the  game  men,  and  minoritarily women. Finally, it explores gender relations and  the  notion  that  leadership  in  family business  may  take  complex  forms  crafte within constantly changing relationships.

A five-decade review of gender-based occupational segregation: A bibliometric study of influential authors, institutions, and research clusters

2021 ◽  
Vol 30 (2) ◽  
pp. 117-128
Author(s):  
Leena Sachdeva ◽  
Kumkum Bharti ◽  
Mridul Maheshwari
Keyword(s):  
Wage Differential ◽  
Web Of Science ◽  
Occupational Segregation ◽  
Extensive Field ◽  
Organisational Structures ◽  
Gender Based ◽  
Changes Over Time ◽  
Over Time ◽  
The Web

Despite the proliferation of occupational segregation research, only a limited amount has explored it from a gender perspective. The attention that has been given is widely scattered and requires an analysis to identify the major works undertaken and the changes over time. This study aimed to examine and assimilate articles published on gender-based occupational segregation through a bibliometric analysis. The study examined 512 articles published from the early 1970s to 2020 that were retrieved from the Web of Science database. The findings suggest that gender and occupational segregation remain an extensive field of research, although this research comes mainly from North American and European countries. The low representation from developing countries indicates that more research is needed based on these different socio-cultural settings. This study identified three dominant research clusters, namely gendered organisational structures and systems, measurement of occupational segregation, and wage differential. Studies also covered areas including conceptualization, LGBTQ issues, and the role of legislation and institutions in reducing workplace inequalities; thus, providing a direction for scholars and practitioners.

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