scholarly journals The use of management accounting in western Austrian family businesses: An empirical analysis

2021 ◽  
Vol 18 (3, special issue) ◽  
pp. 379-394
Author(s):  
Mario Situm ◽  
Stefan Märk ◽  
Markus Kathan
Keyword(s):  
Management Accounting ◽  
Explanatory Power ◽  
Management Training ◽  
Family Businesses ◽  
Third Party ◽  
Resource Based View ◽  
Principal Agent Theory ◽  
Family Enterprises ◽  
Theoretical Assumptions ◽  
Relevant Variables

Within the scope of this study, western Austrian companies were analysed for the use of management accounting (MA). From the sample of 692 family enterprises in western Austria, relevant variables were collected to explain the use of MA and the differences between enterprises with and without MA were examined using logistic regression. The most important drivers for which the probability of using MA increases are the size of the company and the presence of a third-party manager. In addition, the results show that the older the management and the more likely it is to be female, the probability of using MA decreases. The results partially confirm the theoretical assumptions of the resource-based view (RBV) and the principal-agent theory (PAT). However, both approaches cannot provide a complete explanation for the use of MA, because the entanglement of family, ownership, and possessions means that other variables are relevant, which should be tested using other theory strands. The study is the first to deal with the problems faced by western Austrian family businesses. It could be confirmed that certain variables, which also had explanatory power in earlier studies, can also explain the use of MA in this study. In addition, it could be shown that gender and management training do not play a role in explaining the use of MA

Grundfragen der Organisation von Familienunternehmen

2021 ◽  
Keyword(s):  
Family Businesses ◽  
Law School ◽  
Tax Law ◽  
Annual Conference ◽  
Advantages And Disadvantages ◽  
Inheritance Tax ◽  
Family Enterprises ◽  
Societas Europaea ◽  
Key Issues

This volume documents the 8th annual conference of the Notarial Center for Family Enterprises of Bucerius Law School on October 25, 2019, which focused on key issues of the organization of family businesses: developments in (inheritance) tax law; design of articles of association for GmbH and GmbH & Co. KG; genderspecific succession clauses; family businesses in the form of Societas Europaea; advantages and disadvantages of different succession models; special challenges of corporate publicity in family businesses. With contributions by Dr. Christian Bochmann, Prof. Dr. Heribert Heckschen, Prof. Dr. Andreas Söffing, Prof. Dr. Marco Staake and Prof. Dr. Hartmut Wicke.

Fraud Reporting within an Organization and the Use of the Internal Audit Function as a Training Ground for Management

2021 ◽  
Author(s):  
Alisa G. Brink ◽  
C. Kevin Eller ◽  
Karen Y. Green
Keyword(s):  
Internal Audit ◽  
Management Training ◽  
Third Party ◽  
Internal Auditors ◽  
Internal Audit Function ◽  
Management Accountants ◽  
Reporting Behaviors ◽  
Reporting Decisions ◽  
Willingness To Report ◽  
Sense Of Urgency

This study examines the effects of using the internal audit function as a management training ground (MTG) and fraud magnitude on internal fraud reporting decisions. Two experiments examine (1) internal auditors’ reporting behaviors, and (2) other employees’ willingness to report directly to internal audit. In the first experiment, experienced internal auditors indicate that the use of internal audit as a MTG may negatively impact fraud reporting likelihood by internal auditors to the Chief Audit Executive (CAE). Further, using the internal audit function as a MTG inhibits the sense of urgency internal auditors feel to report large fraudulent acts. The second experiment compares management accountants’ preferences for reporting to an anonymous third-party hotline versus reporting directly to internal audit. The results indicate a preference for the hotline that increases with a MTG. This preference is fully mediated by the perceived trustworthiness of internal audit, which is negatively impacted by a MTG.

Coping mechanisms of Philippine tourism and hospitality family businesses during the COVID-19 pandemic: a non-parametric approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrea Santiago ◽  
Fernando Martin Roxas ◽  
John Paolo Rivera ◽  
Eylla Laire Gutierrez
Keyword(s):  
Rural Areas ◽  
Family Firms ◽  
The Philippines ◽  
Academic Community ◽  
Family Businesses ◽  
Content Type ◽  
Family Enterprises ◽  
Tourism And Hospitality ◽  
The Impact ◽  
Non Parametric

PurposeFamily businesses (FB), mostly small-sized, dominate the tourism and hospitality industry (THI), especially in the rural areas. While many would have been used to the impact of demand seasonality, it is unknown how these businesses would have survived through the restrictions imposed to contain the coronavirus disease 2019 (COVID-19) pandemic as compared to non-family business (NFB) counterparts. This study aims to determine if there were differences on how family and non-family enterprises in the THI coped with government restrictions.Design/methodology/approachBy subjecting the survey data from tourism enterprises to non-parametric techniques, the authors establish empirical evidence on similarities and differences of coping strategies adopted by FBs and NFBs; their required support from government and their perceptions of a post-pandemic THI.FindingsThe analysis revealed that family-owned tourism and hospitality businesses in the Philippines tended to collaborate with other businesses to manage the impact of the pandemic restrictions. Since they hired more seasonal workers prior to the restrictions, they tended to avoid hiring workers during the restricted period. NFBs, on the other hand, that were generally larger in size and more professionally managed with more regular employees, tended to streamline operations for greater efficiency.Research limitations/implicationsThe study relied on survey results distributed and collected online. There is an innate bias against those firms that did not have access to the survey links.Practical implicationsThe comparative study suggests that interventions to assist firms in the THI should consider the differences in firm ownership as “one size does not fit all.”Social implicationsThe study provides evidence about how environmental factors impact the operations of family firms. Thus, it provides valuable insights for both the academic community and industry practitioners.Originality/valueThis is the first study in the Philippines that was able to capture response of family and non-family firms in the THI during the COVID-19 lockdown.

scholarly journals Sustainable Business Models – What Do Management Theories Say?

2016 ◽  
pp. 62-72
Author(s):  
Gyula Zilahy
Keyword(s):  
Business Models ◽  
Industrial Ecology ◽  
Explanatory Power ◽  
Sharing Economy ◽  
Sharp Reduction ◽  
Sustainable Business ◽  
Resource Based View ◽  
Theoretical Approaches ◽  
Sustainable Business Models ◽  
Theoretical Foundations

Literature describing the notion and practice of business models has grown considerably over the last few years. Innovative business models appear in every sector of the economy challenging traditional ways of creating and capturing value. However, research describing the theoretical foundations of the field is scarce and many questions still remain. This article examines business models promoting various aspects of sustainable development and tests the explanatory power of two theoretical approaches, namely the resource based view of the firm and transaction cost theory regarding their emergence and successful market performance. Through the examples of industrial ecology and the sharing economy the author shows that a sharp reduction of transaction costs (e.g. in the form of internet based systems) coupled with resources widely available but not utilised before may result in fast growing new markets. This research also provides evidence regarding the notion that these two theoretical approaches can complement each other in explaining corporate behaviour.

Analysis and Evaluation of Environmental Management System Implementation in Indonesian Zoo

2020 ◽  
Vol 7 (02) ◽  
pp. 137-152
Author(s):  
Sang Ayu Putu Thania Parameswari Eka Putri ◽  
Rafika Yuniasih
Keyword(s):  
Environmental Management ◽  
Management System ◽  
Management Accounting ◽  
Environmental Management System ◽  
Jel Classification ◽  
Environmental Cost ◽  
System Implementation ◽  
Resource Based View ◽  
Environmental Management Accounting ◽  
Cost Report

ABSTRACT         This study aims to analyze and evaluate the environmental management system implementation at Bali Zoo. This study was conducted using a case study method. Results show that Bali Zoo does not implement an environmental cost reporting based on environmental management accounting and has yet to focus on developing a competitive advantage on its resources based on the resource-based view theory. This study helps Bali Zoo in preparing environmental cost report to evaluate the efficiency of resources used in the environmental management and to integrate the concept of environmental management accounting in Bali Zoo’s environmental management system.   ABSTRAK        Penelitian ini bertujuan untuk menganalisis dan mengevaluasi penerapan sistem manajemen lingkungan pada Bali Zoo. Penelitian ini dilakukan menggunakan metode studi kasus. Hasil penelitian menujukkan bahwa Bali Zoo tidak menerapkan penyusunan laporan biaya lingkungan berdasarkan akuntansi manajemen lingkungan dan belum berfokus untuk menciptakan keunggulan kompetitif pada sumber daya berdasarkan resource-based view theory. Penelitian ini membantu Bali Zoo dalam penyusunan laporan biaya lingkungan untuk mengevaluasi efisiensi sumber daya alam yang digunakan dalam pengelolaan lingkungan serta sebagai bentuk integrasi konsep akuntansi manajemen lingkungan terhadap sistem manajemen lingkungan pada Bali Zoo. JEL Classification : M41, Q56

Absorptive Capacity, R&D Intensity and Innovation Results

2010 ◽  
pp. 152-165
Author(s):  
Jorge Cruz-González ◽  
Miriam Delgado-Verde
Keyword(s):  
Absorptive Capacity ◽  
Dynamic Capabilities ◽  
Software Industry ◽  
Explanatory Power ◽  
Rapid Change ◽  
Sustainable Competitive Advantage ◽  
Key Factors ◽  
Resource Based View ◽  
The World ◽  
Innovative Capacity

The dynamic capabilities Perspective has emerged in the last decade to improve the explanatory power of the Resource-Based View of the firm with regard to obtaining sustainable competitive advantage by firms operating in rapid change environments. However, some aspects of its conceptualization, especially in relation to the factors that make up them, do not appear to be entirely clear. Accordingly, the aim of the present chapter is to provide a conceptual synthesis of the construct, trying to identify the key factors involved in the development of dynamic capabilities by firms. Based on a sample of 177 companies around the world operating in the software industry, the authors derive an empirical study. Their findings suggest that firms that jointly develop absorptive capacity and innovative capacity achieve better results.

Managing Family-Related Conflicts in Family Businesses: A Review and Research Agenda

2019 ◽  
Vol 33 (1) ◽  
pp. 90-113 ◽  
Author(s):  
Hong Qiu ◽  
Mark Freel
Keyword(s):  
Conflict Management ◽  
Family Business ◽  
Research Agenda ◽  
Conflicts Of Interest ◽  
Management Strategies ◽  
Family Businesses ◽  
Third Party ◽  
Third Party Intervention ◽  
Work Family ◽  
Conflict Research

This review examines how family businesses manage family-related conflicts that occur at three interfaces: family-business, family-ownership, and family-business-ownership. We find that work-family conflicts, conflicts of interest, and relationship conflicts are prevalent family-related conflicts. Four conflict management strategies are frequently used to deal with these conflicts: vacillation, domination, separation, and third-party intervention. The popularity of these strategies is influenced by some unique characteristics of family businesses, such as high emotional attachment among family members. By integrating insights from the broader conflict research, paradox and dialectic studies, we develop a research agenda targeted at better connecting family-related conflicts to conflict management strategies.

Entrepreneurial communities and family enterprises of India

2018 ◽  
Vol 12 (1) ◽  
pp. 32-49 ◽  
Author(s):  
Kanupriya Misra Bakhru ◽  
Manas Behera ◽  
Alka Sharma
Keyword(s):  
Family Businesses ◽  
Government Policies ◽  
Indian Government ◽  
Policy Makers ◽  
Content Type ◽  
Family Enterprises ◽  
Global Presence ◽  
Source Of Information ◽  
Practical Implications

Purpose This paper aims to examine the traditional business communities and family businesses of India, their emergence and sustained growth. Design/methodology/approach The authors analyze the role of business communities in family businesses of India and identify business communities that have still sustained and marked a global presence. Findings Business communities such as Marwaris have the knack for business activities and are leaders of family businesses in India today, who have sustained their past success and continue to create new histories. Other traditional business communities such as Parsis, Sindhis, Chettiars and Gujarati banias have not been able to sustain much. Possible reasons were switching to white-collar jobs, taking up diplomacy and other professions, inter caste marriages, international migration in search of business and Indian government policies. Research limitations/implications This study provides a useful source of information for academics, policy-makers and economists. Practical implications Traditional business communities populate the list of family businesses that have marked their global presence. This paper identifies various factors that are responsible for the growth and sustainability of these business communities. Social implications The study clarifies the role of business communities in domestic economic development. Originality/value The paper explored traditional business communities of India and assessed their role in family businesses of India that currently mark a global presence.

scholarly journals Top-down or bottom-up? The selection of shadow rapporteurs in the European Parliament

2020 ◽  
Vol 21 (4) ◽  
pp. 706-727
Author(s):  
Frank M Häge ◽  
Nils Ringe
Keyword(s):  
European Parliament ◽  
Third Party ◽  
Top Down ◽  
Bottom Up ◽  
Principal Agent Theory ◽  
Policy Positions ◽  
Competing Demands ◽  
Group Members ◽  
Selection Of

Shadow rapporteurs play an important role in developing the European Parliament’s collective policy positions and in defending them in inter-institutional negotiations. This study sheds light on the ‘how’ and ‘why’ of shadow rapporteur selection. Qualitative insights from practitioner interviews and a quantitative analysis of shadow rapporteur data from the 7th European Parliament (2009–2014) indicate that the appointment process is primarily one of bottom-up self-selection by group members based on their policy interests. The party group leadership, in the form of group coordinators, plays an important coordinating role when there is competition for a shadow rapporteurship. However, the role of group coordinators is more akin to a third-party arbiter of competing demands than a mechanism of top-down control by the leadership, as suggested by principal-agent theory.

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