scholarly journals The political economy of governance and development: towards a new worldview

2008 ◽  
Vol 5 (3) ◽  
pp. 15-25
Author(s):  
Ismail Adams
Keyword(s):  
Family Business ◽  
Development Process ◽  
Value Systems ◽  
The Political ◽  
Decision Making Process ◽  
Economic Perspective ◽  
Cultural Traditions ◽  
Institutional Economic ◽  
The Family ◽  
The Relationship

This paper focuses on governance from an institutional economic perspective in trying to better understand the complexities of the decision making process and their implications for economic outcomes and growth. The paper is divided into six sections. Section I provides an introduction and background. Section II sketches various governance models within the conventional western paradigm. These are basically the „market-based‟ model and the „relationship-based‟ model. A recent third paradigm is also gaining momentum in the literature, namely „family capitalism‟ or the „family business‟. Together, these three models or frameworks may be construed as the quantitative perspective to governance, driven by a rule-based environment. It will be indicated that these models are a necessary but not sufficient condition for effective and qualitative delivery of governance ensuring trust, honesty and integrity. This section also emphases the critical importance of institutions, cultural traditions, value systems, mores and history as crucial ingredients in the development process over and above issues of compliance

Family succession, professionalization and internationalization: a study of Brazilian family businesses

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Augusto Dalmoro Costa ◽  
Aurora Carneiro Zen ◽  
Everson dos Santos Spindler
Keyword(s):  
Family Business ◽  
Family Members ◽  
Secondary Data ◽  
Family Businesses ◽  
Three Dimensions ◽  
Content Type ◽  
The Family ◽  
Two Generations ◽  
Internationalization Strategies ◽  
The Relationship

PurposeThe purpose of this paper is to investigate the relationship between family succession, professionalization and internationalization in family businesses within the Brazilian context.Design/methodology/approachThe paper presents a multiple-case study method with three Brazilian family businesses that have at least two generations of the owning family involved in the business and an international presence of at least three years. In-depth interviews and secondary data were undertaken with family and non-family members of each case.FindingsThe authors' results show that a family business can boost its internationalization by introducing both succession planning and professionalization on international activities. As family members tend to be more risk-averse and focused on keeping the family business within the family, professionalization is a way of improving the firm's ability to expand internationally. This process tends to lead to lower performance by the firm for the first few months or the first year after the investment, but afterward, international performance tends to grow exponentially.Originality/valueOnly a few studies have been concerned on the relationship of these three dimensions. Thus, the research takes into account that professionalization and succession lead family businesses to improve their internationalization strategies.

scholarly journals Hierarchical Dyadic Congruence in Family Firms: The Interplay of Supervisor and Supervisee Socioemotional Wealth Importance and Familial Status

2018 ◽  
Vol 43 (2) ◽  
pp. 322-329 ◽  
Author(s):  
Giovanna Campopiano ◽  
Emanuela Rondi
Keyword(s):  
Social Exchange ◽  
Family Business ◽  
Theoretical Basis ◽  
Family Firms ◽  
Socioemotional Wealth ◽  
Organization Behavior ◽  
Fine Grained ◽  
The Family ◽  
And Performance ◽  
The Relationship

We extend McLarty, Vardaman, and Barnett’s analysis of how family firm supervisor attributes, in terms of familial status and socioemotional wealth importance, affect supervisee performance by considering the supervisee attributes. We further integrate the concept of restricted and generalized social exchange to provide a theoretical basis for how hierarchical dyadic (in)congruence moderates the relationship between supervisee commitment and performance. By providing a more fine-grained conceptualization, we contribute to the family business literature at its organization behavior interface.

The ‘Lyric I’

2021 ◽  
pp. 52-80
Author(s):  
Carmen Bugan
Keyword(s):  
Personal Identity ◽  
The Political ◽  
Artistic Process ◽  
The Family ◽  
Private And Public ◽  
The Relationship ◽  
The Voice

There are two aspects of personal identity that often clash in the artistic process originating in oppression; they destabilize the voice of the ‘lyric I’. This chapter raises several questions about the relationship between personal biography and the construction of a lyric speaker, and explores the notion of a poetics that insists on healing the damage that politics does to the family; it discusses what happens when private and public identities become conflated because of politics, and how poetry ‘acts’ on the sense of family as a social microcosm where the conflict between the sense of the political self and the private self takes place.

An Empirical Study of E-Participation Levels in Jordan

2016 ◽  
Vol 7 (1) ◽  
pp. 63-79 ◽  
Author(s):  
Emad Abu-Shanab ◽  
Raya Al-Dalou'
Keyword(s):  
Decision Making ◽  
Empirical Study ◽  
The Political ◽  
Decision Making Process ◽  
The Core ◽  
Political Dimensions ◽  
The Relationship

The relationship between citizens and governments is the core of e-government. E-participation is one of the political dimensions of e-government which focuses on informing, consulting, involving, collaborating, and empowering citizens to take part of the decision making process. This study adopted a framework for the five levels of e-participation and tried to test such model empirically using 400 responses from Jordanians. The study tried to measure Jordanian perceptions towards e-participation initiatives and practices in Jordan, and to measure the achievements on each level as perceived and reported by subjects. Results indicated that the highest perceived level was e-involving, and the lowest was e-consulting. Also, the CFA results indicated a distorted distribution of items between the major levels. Results of other issues explored are discussed further in this study.

Is Democracy an Ethical Standard?

1990 ◽  
Vol 4 ◽  
pp. 1-17
Author(s):  
James Turner Johnson
Keyword(s):  
Human Rights ◽  
Ethical Standard ◽  
Political Community ◽  
Social Structures ◽  
The Political ◽  
Community Based ◽  
Cultural Traditions ◽  
The Family ◽  
American Heritage ◽  
Political Ethic

This article explores the Western cultural traditions of democracy and freedom which form a political ethic deeply rooted in the underlying philosophical and theological American heritage. Theories of Machiavelli, Montesqieu, and Niebuhr support the notion that the potential for virtue is found in all individuals, who, through their undeniable freedoms, responsibilities, and participation, have the capability to establish a political community based on democracy, justice, and respect for human rights. Virtue, justice, morality, ethics, freedom, and democracy are all necessary elements for establishing and maintaining the political community. Can history serve to uphold democracy as an ethical standard of governance? The author suggests that the basic and cross-temporal cornerstones of morality; the family and religion serve as “intermediate” social structures in attaining the central virtues of a moral democracy.

Direct and indirect effect of entrepreneurial orientation, family involvement and gender on family business performance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Erny Rachmawati ◽  
Suliyanto ◽  
Agus Suroso
Keyword(s):  
Family Involvement ◽  
Family Business ◽  
Entrepreneurial Orientation ◽  
Business Performance ◽  
Family Businesses ◽  
Future Research ◽  
Content Type ◽  
The Family ◽  
The Relationship

PurposeThis study aims to determine the direct effect of entrepreneurial orientation on family business performance. This study also discusses the role of family involvement as a mediating variable and the role of gender as a moderating variable in the relationship between entrepreneurial orientation and family business performance.Design/methodology/approachA total of 328 hotels in Yogyakarta, Indonesia, were selected as samples by the convenience sampling method. Primary data is collected through structured questionnaires that are delivered by themselves to key people in the hotel such as owners, directors and key staff (HRD, financial, relationship). Hypotheses are tested by structural equation modeling procedures using AMOS 22.0. Sobel test is used to determine the indirect effect of the mediation variable.FindingsThe results showed that entrepreneurial orientation had no significant effect on family business performance. Family involvement acts as a full mediation in the relationship between entrepreneurial orientation and family business performance. Gender acts as a moderating variable that can strengthen the relationship between entrepreneurial orientation and family business performance. The results showed support for previous research.Research limitations/implicationsThe results of the study cannot conclude the national family business because it adopts convenience sampling and the sampling area is limited in Yogyakarta. Future research can use a larger sample. This study only researches hotels managed by family businesses, so it is not feasible to conclude for family businesses in general. Future research may choose to use several types of family businesses so that more varied results can be obtained. Future research could also compare hotels managed by family businesses with non-family businesses. The results also found that in addition to gender roles, respondent heterogeneity was an important component in the study of social identity. Therefore, research examining the influence of different cultures on the relationship between entrepreneurial orientation and family business performance should be an extraordinary topic for future study. Other results from this study also indicate that there is a role for religion in improving hotel performance. Future research is needed to further explore Islamic business modeling for family businesses.Practical implicationsThis finding has significant implications that can help family businesses in developing strategies that are suitable for business management. Entrepreneurial orientation occupies a strategic position in developing sustainable competitive advantage in the family business of the tourism sector especially the hotel business in Yogyakarta for the better. Besides, the results of the study also showed that entrepreneurial orientation had no significant effect on performance. This relationship becomes significant when combined with active family involvement. This finding also shows that entrepreneurial orientation has the potential to have a more beneficial effect because of the active involvement of the family in helping with business management, alleviating business-related problems, and having a significant influence when the family also acts as management.Social implicationsResearch findings indicate the role of gender in strengthening the relationship between entrepreneurial orientation and family business performance. This provides a good position for women in the social environment to show achievement. To place women on the side of gender equality and justice in the family business in Indonesia. By opening wider access for Indonesian women in the realm of business management, expanding women's participation in a family business, increasing the role of control for women, and increasing women's knowledge and skills to increase the benefits in managing family businesses so that they have sustainable resilience in the face of global competition.Originality/valueThe results of this study provide a new model in providing an overview of the direct and indirect roles (mediating and moderating) in the assessment of family business performance. This study uses three variables which are important in performance appraisal, namely entrepreneurial orientation (independent variable), family involvement (mediating variable) and gender (moderating variable). Where research that combines these four variables, directly and indirectly, has never been done before.

scholarly journals An Intergeneration Solidarity Perspective on Succession Intentions in Family Firms

2020 ◽  
pp. 104225872095638
Author(s):  
Daniela Gimenez-Jimenez ◽  
Linda F. Edelman ◽  
Tommaso Minola ◽  
Andrea Calabrò ◽  
Lucio Cassia
Keyword(s):  
Family Business ◽  
Affective Commitment ◽  
Family Firms ◽  
Social Institution ◽  
Theory And Practice ◽  
Intergenerational Solidarity ◽  
Entrepreneurial Spirit ◽  
The Family ◽  
Global University ◽  
The Relationship

In enterprising families, the family, as a social institution, is the foundation of the family business. However, in enterprising families, intergenerational succession remains problematic. Using intergenerational solidarity theory, and data from the 2013 Global University Entrepreneurial Spirit Students Survey (GUESSS; N = 18,576), our findings indicate that affective commitment partially mediates the relationship between family business exposure and offspring’s succession intentions. We also find that this relationship is stronger for sons than for daughters, while birth order has no effect. Implications for theory and practice are discussed.

Family Business in the Middle East: An Eexploratory Study of Retail Management in Kuwait and Lebanon

2006 ◽  
Vol 19 (1) ◽  
pp. 29-48 ◽  
Author(s):  
Dianne H. B. Welsh ◽  
Peter Raven
Keyword(s):  
Middle East ◽  
Customer Service ◽  
Family Business ◽  
Employee Perceptions ◽  
The Family ◽  
The World ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Relationship

The Middle East is a growing, lucrative marketplace that has recently captured the interest of the world for political as well as economic reasons due to the War in Iraq, which began in 2003. This exploratory study examines the relationship between retail small/medium enterprises (SMEs) that are family business owned, organizational commitment, and management and employee perceptions of customer service on a number of dimensions. The results suggest that managers and employees of family-owned businesses in the Middle East behave in ways similar to those in Western countries; however, there are differences, probably related to cultural characteristics. The Middle East is a richly diverse region, a myriad of unique cultures. As the market becomes more sophisticated, the importance of service quality increases. Global retailers can benefit from this study by better understanding the managers and employees in the region and the pivotal role of the family on business. Implications for practice are discussed.

scholarly journals Sucessão e conflitos: proposições de pesquisa acerca das empresas familiares

2020 ◽  
Vol 19 (2) ◽  
pp. 6-27
Author(s):  
Djeimi Angela Leonhardt Neske ◽  
Leonardo Alves de Oliveira Casimiro ◽  
Ivano Ribeiro
Keyword(s):  
Family Business ◽  
Succession Planning ◽  
Relationship Conflict ◽  
Governance System ◽  
Complete Understanding ◽  
The Family ◽  
Vast Literature ◽  
Succession Process ◽  
Or Organization ◽  
The Relationship

Objective: This paper aims to identify the implications of conflict on a succession process in family business.Methodology: For the development of this literature review, we based ourselves on the behavioral view of conflict, presenting a set of propositions and a framework for investigations in the field.Originality: Even with the vast literature on conflict, there is still no complete understanding of its effects on a group or organization. In a family business, the process of succession can intensify conflicts, since it includes the simultaneous relationship between the business and the family, and there is a need for greater understanding of this phenomenon.Main results: The results suggest that in family organizations, the relationship conflict may be present and negatively impact the succession process. Thus, management models focused on the collaborative view of conflicts can positively reflect the succession planning and the performance of the new management.Theoretical contributions: As a contribution, we present a series of propositions that provide indications of the effects of conflict on the succession of family businesses, highlighting the importance of a governance system that provides balance to the process.

scholarly journals Axiology of the Political Dichotomy of the Russian Screen Content's Political "Overtone"

2011 ◽  
Vol 3 (1) ◽  
pp. 124-133
Author(s):  
Sergei Nikolayevich Ilchenko
Keyword(s):  
20Th Century ◽  
Value Systems ◽  
The Political ◽  
Russian History ◽  
Social Forces ◽  
History Of ◽  
Tv Shows ◽  
The Relationship

The article analyses the political confrontations in Russian history of the 20th century as reflected in domestic audiovisual productions. The problem of the relationship between "the Reds" and "the Whites" is investigated by the author through films and TV shows in terms of the value systems of the belligerent social forces.

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