scholarly journals Reprodukcja klas posiadających a przekształcenia rynku

2020 ◽  
Vol 11 ◽  
pp. 38-53
Author(s):  
Łukasz Trembaczowski
Keyword(s):  
Social Structure ◽  
Family Business ◽  
Process Analysis ◽  
Relational Model ◽  
Transmission Of Knowledge ◽  
Family Enterprises ◽  
Dominant Strategies ◽  
Structure Description ◽  
Succession In Family Business ◽  
Class Fraction

The article is devoted to the problem of succession in family business in the perspective of class positions’ reproduction. The analysis of succession is carried out with reference to Pierre Bourdieu’s theory, particularly in relation to reconstruction entrepreneurs’ class position withingradationally-relational model of social structure, description of economic field transformation and role played by entrepreneurs in that process, analysis of modal trajectories of entering the economic field and to strategies and forms of capitals reconversion. Transfer of capitals was entangled within model of transmission of knowledge, power and ownership in family enterprises. Succession next to starting own enterprise must be seen as one of dominant strategies for social position reproduction within a possessing class fraction. Those two ideal-type strategies can be mixed in practice of position reproduction and lead to hybridized forms of family business and new enterprise. Class position  reproduction however, can lead also outside possessing class fraction to those richer in cultural rather than economic capital. Analysis of succession cannot therefore be limited to family business only but must be considered with reference to wider context of reproduction of social structure.

Culture in Family-Owned Enterprises: Recognizing and Leveraging Unique Strengths

2004 ◽  
Vol 17 (1) ◽  
pp. 61-70 ◽  
Author(s):  
Daniel Denison ◽  
Colleen Lief ◽  
John L. Ward
Keyword(s):  
Organizational Behavior ◽  
Corporate Culture ◽  
Family Business ◽  
Family Firms ◽  
Assessment Tool ◽  
Small Sample ◽  
Business Culture ◽  
Bottom Line ◽  
Family Enterprises ◽  
And Performance

Through years of consulting experience and culture research, a fuller picture of family firms began to emerge. It became increasingly clear that family business sustainability and accomplishment were rooted in something deeper, something beyond superficial explanation. Belief in the innate value and uniqueness of family business culture drove collaboration on this project between the disciplines of family business and organizational behavior. The goal was to critically examine family business culture and performance relative to nonfamily firms. The Denison Organizational Culture Survey, a cultural assessment tool that has linked corporate culture to financial performance, was administered to a sample of 20 family businesses and 389 nonfamily businesses, allowing us to compare their cultures. The results showed that the corporate cultures of family enterprises were more positive than the culture of firms without a family affiliation. Family enterprises scored higher on all 12 dimensions of the assessment tool. Despite the small sample, several of these differences were statistically significant. This suggests that family firms perform better because of who they are. In addition, recent research that shows they also perform better because of what they do strategically. Their histories and shared identities provide a connectedness to time-tested core values and standards of behavior that lead to bottom-line success.

Scott Family Enterprises (A): Defining Fair Process for Cousin Owners

2017 ◽  
pp. 1-24
Author(s):  
John L. Ward ◽  
Canh Tran
Keyword(s):  
Family Business ◽  
Large Family ◽  
Board Members ◽  
Fair Process ◽  
Family Expectations ◽  
Family Enterprises ◽  
Scott Family ◽  
Growing Pains ◽  
Generation Family ◽  
Made In

A large family business in banking and ranching is shifting leadership to the next generation and has developed a protocol to select board members by consensus. However, when the selection occurs, it is not made in accordance with the protocol, and a third-generation family member questions why the selection rules were changed by second-generation members without input or vote. Highlights the growing pains of developing fair processes and guidelines for nominating and selecting board members, meeting family expectations, communicating with constituents, and encouraging active roles in governance at the cousin-stage of a family business.

Philanthropy in Family Enterprises

2015 ◽  
Vol 29 (1) ◽  
pp. 121-141 ◽  
Author(s):  
Neus Feliu ◽  
Isabel C. Botero
Keyword(s):  
Systematic Review ◽  
Family Business ◽  
Future Research ◽  
Business And Society ◽  
Review Of The Literature ◽  
Individual Level ◽  
Family Enterprises ◽  
The Subject ◽  
The Individual

Philanthropy in family enterprises operates at the crossroads of family, business, and society. Most of the research in this area is approached from the business or the individual level; thus, we have a fragmented understanding of philanthropy in family enterprises. This article presents a systematic review of the literature on the subject. Based on 55 sources published between 1988 and 2014, we explain the drivers of this behavior, the vehicles used to practice it, and the outcomes tied to the practice of philanthropy in family enterprises. We identify gaps in our understanding and provide ideas for future research.

The Effect of Confucian Values on Succession in Family Business

2006 ◽  
Vol 19 (3) ◽  
pp. 235-250 ◽  
Author(s):  
Jun Yan ◽  
Ritch Sorenson
Keyword(s):  
Social Context ◽  
Interpersonal Relationships ◽  
Family Business ◽  
Family Firms ◽  
Complete Understanding ◽  
Confucian Values ◽  
Business Succession ◽  
Succession In Family Business ◽  
Family Business Succession ◽  
Business Family

This article examines Confucian values and their effect on family business succession. Several implications are drawn. One of these is that Confucianism places family business in a social context in which the interpersonal relationships inside and outside the business family are subject to a variety of environmental influences. Examining family firms in their social context provides more complete understanding of the dynamics underlying choices and activities in family firms.

All together now: strategy mapping for family businesses

2016 ◽  
Vol 37 (1) ◽  
pp. 3-10 ◽  
Author(s):  
Michael Braun ◽  
Scott Latham ◽  
Emily Porschitz
Keyword(s):  
Family Business ◽  
Family Systems ◽  
Family Businesses ◽  
Individual Risk ◽  
Content Type ◽  
Business Objectives ◽  
Design And Implementation ◽  
Family Enterprises ◽  
The Family ◽  
Internal Stakeholders

Purpose – This paper aims to introduce a supplementary strategic mapping tool designed specifically for family businesses. The authors extend the popular tool of strategy maps into the family business arena to address potential misalignments arising from the family imprint on a business. The resulting family enterprise strategy map (FESM) aims, both literally and figuratively, to get internal stakeholders on the same page in their pursuit of family business objectives. Using the FESM, family managers can enhance strategy design and implementation, thereby increasing the viability and longevity of their enterprises for future generations. Design/methodology/approach – The framework draws from previous work on strategic maps, from scholarly research on family businesses and from the authors’ experiences consulting with family enterprises. The framework addresses four distinct but interrelated perspectives requiring managerial attention: family business objectives, family alignment, family systems and family business foundation. The case of Mondavi Winery is used to illustrate the prescriptive value of the FESM. Findings – The FESM is meant to be used cooperatively among internal stakeholders to tease out potential challenges that can hinder the effective design and implementation of a family business strategy. The FESM makes explicit the primary objectives of the family business, prompts stakeholders to voice professional and personal ambitions in the business and brings individual risk propensities to the dialogue. Systems and activities necessary for successful strategy implementation are also underlined in the FESM. Lastly, the framework helps to identify the strategic foundation that can be leveraged to achieve the family enterprise’s objective. Originality/value – The value of the FESM is threefold. First, having family members and non-family managers engage in this activity can make known individual, family and non-family functions, desires and goals. In doing so, the FESM also effectively highlights misalignments among and between various internal stakeholders that may otherwise go unnoticed. Second, the FESM draws management’s attention to specific family-related resources and capabilities within the company and, just as importantly, those that need to be cultivated to achieve strategic objectives. Third, the FESM can serve as a valuable reminder during those times when family systems begin to malfunction or to diverge from intended objectives.

scholarly journals Successes and Failures of Family Business in Slovakia

2020 ◽  
Vol 83 ◽  
pp. 01068
Author(s):  
Alena Tóthová ◽  
Miroslav Tóth
Keyword(s):  
Statistical Methods ◽  
Family Business ◽  
Family Businesses ◽  
Years Of Experience ◽  
Financial Indicators ◽  
Family Enterprises ◽  
History Of ◽  
Total Performance ◽  
Successes And Failures

Family businesses are part of the world's economies, with an estimated 70-90% share of total performance. The history of family business in Slovakia is not continuous, so we can examine its level from the last 30 years of experience at most. The paper is focused on research of financial results of Slovak family enterprises, their confrontation with other types of enterprises, searching for trends in the level of their financial indicators and finally on the dependence between results and environment. In the research were used several methods, from which we can name mainly analysis, synthesis, comparison, mathematical-statistical methods. The obtained outputs are intended to identify strengths and weaknesses of family business in Slovakia.

Will conjugal relationship affect the corporate innovation? – Empirical evidence from a-share listed family business in China

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yupeng Xu ◽  
Bo Cheng ◽  
Fei Pan
Keyword(s):  
Empirical Evidence ◽  
Family Business ◽  
Family Firms ◽  
Listed Companies ◽  
Content Type ◽  
Positive Effects ◽  
Family Enterprises ◽  
Enterprise Innovation ◽  
The Impact ◽  
A Share

Purpose Few studies have focused on the impact of conjugal control and non-conjugal control on the innovation capability of family firms. In the context of the relative lack of research on the relationship between family firm heterogeneity and innovation ability, this study aims to focus on the differentiated impact of husband–wife-controlled family listed companies and non-husband–wife-controlled family listed companies on their innovation capabilities, which provides empirical evidence with more Chinese institutional and cultural characteristics for the development of corporate organizational management and innovation theories. Design/methodology/approach Taking all A-share listed family firms from 2007 to 2016 as the research sample, this paper examines the influence of spousal control on firm innovation level by empirical research method. Findings The empirical results show that compared with non-spousal-controlled family enterprises, spousal-controlled family enterprises have significant positive effects on the level of enterprise innovation. Further studies suggest that joint management of spousal-controlled family enterprises improves the level of innovation. Authority difference of the couple will weaken the innovation capacity. However, the wife’s professional skills can promote the innovation level. Originality/value Focusing on the characteristics of family internal structure and embedding marriage relationship in the enterprise organization, this paper investigates the influence of different characteristics of husband and wife and cooperation mode on enterprise innovation, and the conclusion enriches the theory of family business and family science, as well as provides important information reference for the stakeholder groups in the capital market.

A Conceptual Study on Nepotism and Effects in Family Enterprises

2017 ◽  
Vol 3 (1) ◽  
pp. 59-64
Author(s):  
Derya Çevik Taşdemir ◽  
Filiz Çayırağası ◽  
Gülsüm Günbala Güven
Keyword(s):  
Family Business ◽  
Turnover Rate ◽  
Holistic Approach ◽  
Family Businesses ◽  
Business Failure ◽  
Labor Turnover ◽  
Family Enterprises ◽  
The Family ◽  
The World ◽  
Conceptual Study

An important part of the businesses in the world and in Turkey is a family business. In this context, the economy is largely dominated by family businesses. Literature studies showed that nepotic approaches are more common in family businesses than in other businesses. Nepotism, the problems that the family business has caused; non-institutionalization, increase in labor turnover rate, decrease in organizational commitment, decrease in productivity. It is directly related to the solution of nepotism problems in the family business, the increase of the market share, and the extension of the life span. This article is about nepotism and family businesses; success in family business, failure, strategy, etc. aims at conceptual evaluation of the effect in a holistic approach from the angles and within the frame of institutionalization.

Psychological aspects of succession in family business management

2013 ◽  
Vol 36 (3) ◽  
pp. 256-277 ◽  
Author(s):  
Matthias Filser ◽  
Sascha Kraus ◽  
Stefan Märk
Keyword(s):  
Family Business ◽  
Business Management ◽  
Psychological Aspects ◽  
Succession In Family Business
Sign in / Sign up

Export Citation Format

Share Document