scholarly journals Family Business and Transaction Exposure

2020 ◽  
Vol 6 (4) ◽  
pp. 129
Author(s):  
Khalil Nimer ◽  
Mahmoud Nassar ◽  
Naser Abu Ghazaleh ◽  
Abdulhadi Ramadan
Keyword(s):  
Developing Countries ◽  
Family Business ◽  
Multinomial Logistic Regression ◽  
Management Strategies ◽  
Business Group ◽  
Mediating Role ◽  
Hedging Strategies ◽  
Risk Management Strategies ◽  
Financial Strategies ◽  
Family Business Group

This study provides additional evidence and insight into theories on transaction exposure as it empirically examines the magnitude of transaction exposure in Kuwait, a developing country. Specifically, it investigates factors that might influence Kuwaiti firms’ responses to their transaction exposure and how being a family business or part of a family business group could play a mediating role in this response. Through conducting a questionnaire survey with the largest 147 industrial and commercial Kuwait firms, the results of a multinomial logistic regression indicate that theories on financial hedging seem to be inapplicable in the Kuwaiti case. However, these theories provide only partial explanations for management behavior in response to the transaction exposure of Kuwaiti companies. Findings show that a firm being part of a family business group is significantly correlated with its level of hedging, suggesting that firms that are members of a family group of businesses are expected to hedge at a higher level. This points to other theories, such as institutional theory, as playing greater roles in explaining the transaction exposure behaviors of firms in developing countries, and also suggests that family-controlled businesses are expected to engage in more innovative financial strategies and hedge at a higher level. The research findings imply that Kuwaiti firms need to be more aware of their transaction exposure and pay more attention to the related issues. Training programs in risk-management strategies should be provided to decision makers to help them evaluate the hedging strategies they employ. This study shows how different behaviors toward risk exist between firms that operate in developed and developing countries, including the effect of being part of a family business resulting in firms engaging in more innovative financial strategies when dealing with risk.

Reanalysis of Flash Floods and Debris Flows on two continents and their management strategies

2021 ◽  
Author(s):  
Juan Daniel Rios-Arboleda
Keyword(s):  
Risk Management ◽  
Developing Countries ◽  
South America ◽  
Debris Flow ◽  
Debris Flows ◽  
Large Scale ◽  
Management Strategies ◽  
Original Analysis ◽  
Risk Management Strategies ◽  
Latitudinal Patterns

<p>This research expands the original analysis of Baker and Costa (1987) including data from Europe and South America with the objective to understand if there are emerging latitudinal patterns. In addition, the threshold proposed by Zimmermann et al. (1997) it is evaluated with the data from tropical zones finding that this is a good predictor.</p><p>Mainly, recent Debris Flow occurred in South America are analyzed with the aim of identifying the best risk management strategies and their replicability for developing countries, particularly, the cases that have occurred in Colombia and Venezuela in the last 30 years are analyzed in order to compare management strategies and understand which are the most vulnerable areas to this phenomenon.</p><p>It is concluded that large-scale and multinational projects such as SED ALP are required in South America to better characterize events that have left multiple fatalities (sometimes hundreds of people) and better understand how to manage the risk on densely populated areas.</p><p>Finally, the use of amateur videos is proposed to characterize these events in nations with limited budgets for projects such as SED ALP, methodology that will be described extensively in later works.</p>

The internationalization of a family business group

2017 ◽  
Vol 15 (4) ◽  
pp. 380-404
Author(s):  
Bice Della Piana ◽  
Alessandra Vecchi
Keyword(s):  
Family Business ◽  
Single Case ◽  
Business Group ◽  
Leadership Roles ◽  
Internationalization Process ◽  
Content Type ◽  
Founding Family ◽  
Focal Firm ◽  
Family Business Group ◽  
Family Leadership

Purpose The purpose of this paper is to provide some illustrative evidence to understand the distinctive forms of governance implemented by a well-established family business group (FBG) and to highlight the relative importance given to the different dimensions of socio-emotional wealth (SEW) during the internationalization process. Design/methodology/approach Drawing on multi-level and longitudinal data, the research provides in-depth insights into how the affiliated firms are linked to the focal firm, how the founding family in a large FBG organizes the top leadership roles spanning multiple countries and whether the inter-organizational and inter-personal networks changes over time and which are the most important items representing the SEW dimensions. Findings From the findings, it emerges that family ownership, family leadership and the presence of trusted people as pivotal actors in the FBG’s internationalization process. Originality/value The originality of the research stems from its contribution because despite providing illustrative evidence based on a single case-study, the findings offer additional insights over the importance of and the instrumental role played by SEW preservation as a perspective to explain FBGs’ internationalization.

scholarly journals INFORMATION SYSTEM USAGE AND RISK MANAGEMENT AMONG ARABLE CROP FARMERS IN KWARA STATE, NIGERIA

2020 ◽  
Vol 53 (1) ◽  
pp. 94-104
Author(s):  
O.A. OMOTESHO ◽  
I.L. OLAGHERE ◽  
F.S. DARAMOLA ◽  
A.H. ADENUGA
Keyword(s):  
Risk Management ◽  
Information Systems ◽  
Multinomial Logistic Regression ◽  
Management Strategies ◽  
Household Head ◽  
Primary Data ◽  
Extension Agents ◽  
Sources Of Information ◽  
Bivariate Correlation ◽  
Risk Management Strategies

Farmers need to be adequately informed in employing economic strategies to tackle risk situations in agriculture. This study sought to examine the risk management coping strategy employed by the farmers, explore determinants of risk management strategies, and to establish the relationship between information systems and risk management strategy employed. Primary data were used from 141 randomly selected farmers. Pre-tested interview schedule was used for data collection. Descriptive statistics, Likert-type scale, Multinomial logistic regression, and Bivariate correlation analysis were used for data analyses. The results revealed that the majority of the farmers were risk-averse. Gender of household head, the highest level of education attained, household size, farming experience and membership of association had a significant effect on the choice of coping strategies employed by the farmers. Correlation results showed that the more access to information the farmers had to the different risks they encountered, the higher the management strategies they were likely to use. The study concludes that there is a significant relationship between information systems and risk management strategies employed. It was recommended that extension agents should be adequately sensitized on the various sources of information systems available to the farmers so that they can, in turn, pass the information to the farmers.

The Pérez Díaz Family Business Group: At a Crossroad in Venezuela

2018 ◽  
pp. 198-212
Author(s):  
Cristina Alvarado ◽  
Maria José Parada
Keyword(s):  
Family Business ◽  
Business Group ◽  
Family Business Group

Price Risk Management Strategies (The Case of Export-oriented Enterprises)

2003 ◽  
pp. 67-80
Author(s):  
D. Golembiovsky ◽  
I. Baryshnikov
Keyword(s):  
Raw Materials ◽  
Management Strategies ◽  
Commodity Price ◽  
Price Risk ◽  
Hedging Strategies ◽  
World Markets ◽  
The World ◽  
Risk Management Strategies ◽  
High Volatility ◽  
Price Risk Management

During the period of reforms the majority of Russian raw materials manufacturers has been reoriented at the world markets. The prices of raw materials have high volatility that leads to export incomes' uncertainty. In the article self-insurance and hedging strategies are considered with the purpose of minimizing commodity price risk.

Evolution of LG Group: A Family Business Group Perspective

2021 ◽  
Vol 25 (0) ◽  
pp. 21-50
Author(s):  
Hun-Joon Park ◽  
Hicheon Kim ◽  
Jieun Kim
Keyword(s):  
Family Business ◽  
Business Group ◽  
Group A ◽  
Family Business Group
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