The study of family businesses from a global perspective - possibilities and limitations

2012 ◽  
Vol 13 (2) ◽  
Author(s):  
Paloma Fernández Pérez
Keyword(s):  
Mergers And Acquisitions ◽  
Path Dependence ◽  
Family Firms ◽  
Family Businesses ◽  
Global Perspective ◽  
National Scale ◽  
Public And Private ◽  
The World ◽  
Management Literature ◽  
Private Corporations

The privatization wave of the 1980s and 1990s meant a reduction in taxes to the wealthiest dynasties in developed and developing countries. It also meant a global process of mergers and acquisitions which benefitted public and private corporations, many family owned businesses. At a national scale family controlled firms have historically been a fundamental source of stability in regional and local creation of wealth and employment. Due to this historical perception of family businesses by societies, politics, and governments, family controlled firms have been supported and benefitted by legislation throughout the world. As economic historians, however, we should try to keep some distance with the object of our study, and critically analyze about appropriate definitions of what family businesses are and how they compare internationally. Also, we must clarify our assumptions about the relationships between family businesses, politics, and society throughout time, and see path dependence and complexity where management literature sees convergence and homogeneity. A comparison of the largest family controlled businesses in Brazil, Mexico and China suggests the utility of business history to provide nuanced and critical views about the significance of family firms in the world.

scholarly journals The Role of Family in Family Firms

2006 ◽  
Vol 20 (2) ◽  
pp. 73-96 ◽  
Author(s):  
Marianne Bertrand ◽  
Antoinette Schoar
Keyword(s):  
Family Firms ◽  
Large Fraction ◽  
Family Members ◽  
Family Businesses ◽  
Family Control ◽  
The World ◽  
Overall Performance

History is replete with examples of spectacular ascents of family businesses. Yet there are also numerous accounts of family businesses brought down by bitter feuds among family members, disappointed expectations between generations, and tragic sagas of later generations unable to manage their wealth. A large fraction of businesses throughout the world are organized around families. Why are family firms so prevalent? What are the implications of family control for the governance, financing and overall performance of these businesses?

scholarly journals La comunicación corporativa en 40 SPV de la Comunitat Valenciana | The digital corporate comunication in 40 newsrooms of Comunitat Valenciana

2014 ◽  
Author(s):  
Pedro Muelas Navarrete
Keyword(s):  
Web 2.0 ◽  
Communication Tools ◽  
Public And Private ◽  
Current Form ◽  
Know How ◽  
Public Hearings ◽  
The World ◽  
Private Corporations ◽  
The Times ◽  
Medios Sociales

ResumenCon la implantación de la web 2.0 en el universo de internet y la llegada de innúmeros recursos y herramientas para la comunicación, las webs de las corporaciones públicas y privadas han debido de adaptarse a los nuevos tiempos y formas con el fin de mejorar el contacto con sus audiencias y públicos buscando fórmulas y recursos que les permitan una información más directa, siguiendo el formato de los diarios digitales, y una comunicación más intensa y en planos de igualdad con sus destinatarios que los mantenidos hasta ahora. Por ello hemos querido conocer cómo las 40 webs de las principales corporaciones públicas y privadas de la Comunitat Valenciana han recogido esta  nueva panoplia comunicativa. Para ello hemos desarrollado un código de análisis a partir de una plantilla de diversos ítems que hemos estudiado en cada una de ellas: los contenidos informativos y los relacionales. Es decir aquellos que emiten información de una forma unidireccional sobre la actualidad y desarrollo de la corporación y otros, los relacionales, que permiten un mejor y mayor diálogo con sus públicos y audiencias. Los resultados nos permiten establecer que son las entidades públicas las que han desarrollado en mayor medida e intensidad que las privadas estas nuevas herramientas comunicacionales, pese a que algunas de ellas, como las corporaciones comerciales, viven de la opinión y actitud de sus públicos.AbstractWith the introduction of web 2.0 in the world of internet and the arrival of countless resources and tools for communication, the web of public and private corporations have had to adapt to the times and ways in order to improve the contact its public hearings and seeking ways and resources that enable them to more direct information, the format of the digital newspapers, and more intense and equal levels with recipients that maintained communication so far . Therefore we wanted to know how the 40 websites of major public and private corporations of Valencia have taken up this new communicative panoply. So we've developed an analysis code from a template of different items that we have looked at each of them: informational and relational contents. Ie those who issue a one-way information on current form and development of the corporation and others, relational , allowing a better and more dialogue with their audiences and audiences. The results allow us to establish that they are public bodies which have developed to a greater extent and intensity that private these new communication tools, although some, such as business corporations, living on opinions and attitudes of their audiences.Palabras claveWeb 2.0; comunicación; medios sociales; comunidad; sala de prensa virtual.KeywordsWeb 2.0, communication, social media, community, virtual newsroom.Forma de citar este artículo en las bibliografíasPedro Muelas Navarrete (2014): “La comunicación corporativa en 40 SPV de la Comunitat Valenciana”, en Miguel Hernández Communication Journal, nº5, páginas 5 a 34. Universidad Miguel Hernández, UMH (Elche-Alicante). Recuperado el __ de ____________ de 20__ de: http://mhcj.es/index.php?journal=mhcj&page=article&op=view&path[]=53

scholarly journals Family Business in India: Performance, Challenges and Improvement Measures

2020 ◽  
Vol 1 (1-2) ◽  
pp. 9-30
Author(s):  
Himani Chahal ◽  
Anil K. Sharma
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Stock Exchange ◽  
Family Businesses ◽  
New Family ◽  
The World ◽  
The Status ◽  
Improvement Measures ◽  
Family Business Groups ◽  
Performance Challenges

Existing literature on family businesses brings out their significance globally. The prevalence of family businesses is a phenomenon that is universal and found in most countries worldwide, although their relative impact on economies does vary. This article reviews papers in the accounting and finance literature on family businesses around the world and shows that the involvement of family members in the business may have a positive, negative or no impact on its financial performance. In the Indian context, the literature review indicates that India’s rich and ancient history seems to be interrelated with the family-run businesses as the principal means of business organization. The paper gives a glimpse of the status of family businesses in India since independence and the distinct characteristics of Indian family businesses. In the next section, we try to find out how family firms are performing in India in comparison to non-family firms by studying companies listed in the National Stock Exchange of India Ltd. (NSE) 500 Index for a period of 5 years ranging from 2014 to 2018. The results show that family businesses are not performing significantly better than non-family firms in the Indian business scenario. We try to highlight the reasons for the same by underlining the issues faced by family businesses and suggest measures to overcome these issues. The study concludes with a discussion on the lessons that new family business ventures can take from family business groups in India that have made a mark in the Indian and the world business scenario because of their ability to face and successfully overcome challenges faced by family firms.

Family Businesses and Digital Entrepreneurship Adoption: A Conceptual Model

2020 ◽  
Vol 29 (2) ◽  
pp. 326-364
Author(s):  
Sami Basly ◽  
Amira Hammouda
Keyword(s):  
Conceptual Model ◽  
Family Involvement ◽  
Family Business ◽  
Family Firms ◽  
Family Businesses ◽  
Socioemotional Wealth ◽  
Primary Appraisal ◽  
The Family ◽  
The World ◽  
Digital Entrepreneurship

Despite the prevalence of family businesses around the world, research on their contribution to the digital economy is still needed. A primary appraisal of the characteristics of the family business and the features of digital entrepreneurship suggests that the two phenomena are conflicting. Indeed, the most common descriptions of family businesses convey the idea that they favour stability to change and slow evolutions to upheavals and disruptions. This article attempts to answer the question: How could family businesses embrace the values and overcome the hindrances to digital entrepreneurship? To this end, this article suggests a conceptual model of digital entrepreneurship adoption in family firms. Based on the socioemotional wealth logic, we first describe the main variables influencing digital entrepreneurship adoption and then analyse the moderating influence of family involvement in the firm on the relationships between these variables and digital entrepreneurship adoption. Theoretical contributions and practical insights are presented.

The 1970s

2011 ◽  
Author(s):  
Thomas Borstelmann
Keyword(s):  
Civil Rights ◽  
Free Market ◽  
The United States ◽  
Global Perspective ◽  
Retirement Plans ◽  
Free Agency ◽  
The World ◽  
The Disabled ◽  
Oil Crisis ◽  
American Society

This book looks at an iconic decade when the cultural left and economic right came to the fore in American society and the world at large. While many have seen the 1970s as simply a period of failures epitomized by Watergate, inflation, the oil crisis, global unrest, and disillusionment with military efforts in Vietnam, this book creates a new framework for understanding the period and its legacy. It demonstrates how the 1970s increased social inclusiveness and, at the same time, encouraged commitments to the free market and wariness of government. As a result, American culture and much of the rest of the world became more—and less—equal. This book explores how the 1970s forged the contours of contemporary America. Military, political, and economic crises undercut citizens' confidence in government. Free market enthusiasm led to lower taxes, a volunteer army, individual 401(k) retirement plans, free agency in sports, deregulated airlines, and expansions in gambling and pornography. At the same time, the movement for civil rights grew, promoting changes for women, gays, immigrants, and the disabled. And developments were not limited to the United States. Many countries gave up colonial and racial hierarchies to develop a new formal commitment to human rights, while economic deregulation spread to other parts of the world, from Chile and the United Kingdom to China. Placing a tempestuous political culture within a global perspective, this book shows that the decade wrought irrevocable transformations upon American society and the broader world that continue to resonate today.

Employer branding and psychological contract in family and non-family firms

2020 ◽  
Author(s):  
Duarte Pimentel
Keyword(s):  
Empirical Evidence ◽  
Psychological Contract ◽  
Family Firms ◽  
Positive Impact ◽  
Family Businesses ◽  
Employer Branding ◽  
Privately Owned

This study compares the perceptions of employer branding and psychological contract levels of employees of family and non-family firms. Specifically, to better understand the dynamics of family businesses, we assess the extent to which employer branding perceptions have an impact on the employees' psychological contract levels. The empirical evidence is provided by a sample of 165 Portuguese employees (76 from family businesses and 89 from non-family businesses), working in small and medium-sized privately-owned companies. The results confirmed the research hypotheses, suggesting that employees of family companies have higher perceptions of employer branding and psychological contract levels than those of employees of non-family companies, also revealing that employer branding has a positive impact on the psychological contract levels of family firm’s employees.

Urban Transport

2018 ◽  
Author(s):  
José van
Keyword(s):  
Urban Areas ◽  
Urban Transport ◽  
Transport Sector ◽  
Public And Private ◽  
Transport Services ◽  
Ride Sharing ◽  
The World ◽  
Private And Public ◽  
Selection Mechanisms

Platformization affects the entire urban transport sector, effectively blurring the division between private and public transport modalities; existing public–private arrangements have started to shift as a result. This chapter analyzes and discusses the emergence of a platform ecology for urban transport, focusing on two central public values: the quality of urban transport and the organization of labor and workers’ rights. Using the prism of platform mechanisms, it analyzes how the sector of urban transport is changing societal organization in various urban areas across the world. Datafication has allowed numerous new actors to offer their bike-, car-, or ride-sharing services online; selection mechanisms help match old and new complementors with passengers. Similarly, new connective platforms are emerging, most prominently transport network companies such as Uber and Lyft that offer public and private transport options, as well as new platforms offering integrated transport services, often referred to as “mobility as a service.”

Jewish Women’s Life and Practice in the World of the New Testament

2019 ◽  
pp. 219-237
Author(s):  
Tal Ilan
Keyword(s):  
New Testament ◽  
Rabbinic Literature ◽  
Jewish Women ◽  
Public And Private ◽  
Private Space ◽  
Gender Research ◽  
Politics And Religion ◽  
The World ◽  
The New Testament

The women of the New Testament were Jewish women, and for historians of the period their mention and status in the New Testament constitutes the missing link between the way women are portrayed in the Hebrew Bible and their changed status in rabbinic literature (Mishnah and Talmud). In this chapter, I examine how they fit into the Jewish concepts of womanhood. I examine various recognized categories that are relevant for gender research such as patriarchy, public and private space, law, politics, and religion. In each case I show how these affected Jewish women, and how the picture that emerges from the New Testament fits these categories.

Classeek Spirits of the World: E-Business Internationalization

2011 ◽  
Vol 12 (2) ◽  
pp. 137-144 ◽  
Author(s):  
Harry Matlay ◽  
Paul Westhead ◽  
Mike Wright
Keyword(s):  
Small Firm ◽  
Secondary Level ◽  
Family Businesses ◽  
Firm Internationalization ◽  
The World ◽  
Reputational Capital

This case study examines the motivations and barriers to small firm internationalization. The entrepreneur's human and reputational capital, experience and knowledge are leveraged to address barriers. An e-business platform strategy is illustrated. At a secondary level, the case also demonstrates the challenges inherent in revitalizing family businesses over generations of ownership.

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