A Theoretical Framework for the Analysis of the Relationship Between Family Firms and Competitiveness

And Control ◽

This chapter develops an additive model of the microeconomic sources of family firm (FF) competitiveness. Its main contribution is the proposal of a new explanatory framework with a perspective incorporating both ex post competitiveness and its determinants in a chain of multi-level causality. Based on fully-specified theory, the framework is designed to explain the complementarity of the effects of the firm's country, industry, district, strategy, and distinctive competences, focusing where appropriate on the case of the FF. The theoretical model also sheds light on the forces that influence the accumulation of sustainable competitive advantages. To that end, this chapter incorporates a particular focus on how the ownership and control structure affects the accumulation of intangible assets that give rise to the so-called family effect.

Advances in Media, Entertainment, and the Arts - Well-Being Design and Frameworks for Interior Space ◽

Well-Being in Practice and Policy

10.4018/978-1-7998-4231-6.ch003 ◽

2020 ◽

pp. 52-73

Keyword(s):

Control Systems ◽

Construction Industry ◽

Well Being ◽

Global Scale ◽

Design Guidelines ◽

The People ◽

Ex Post ◽

And Control ◽

Recent research focuses on the concept of well-being, aiming to systematize it and obtain design guidelines. In latest years, various building certification systems have arisen, which, although used for ex post evaluations, contain, specularly, design guidelines. In a first phase the concept of well-being was intended on a global scale, linked to the pitfalls of pollution and consumption of resources, so design guidelines and control systems developed within the construction industry to ensure the conservation of the environment and therefore the “well-being” and “health” of human communities. Having therefore developed certification systems measuring and evaluating the performance of buildings in relation to their impact on the environment and its resources, we are now faced with a shift of attention on a smaller scale, linked to the performance that buildings offer not so much with respect to the environment as to the people who live in them. This chapter explores the concepts behind such systems and the relationship between building certification systems and people's well-being.

The Relationships between Project Management and Knowledge Management

Project Management ◽

10.4018/978-1-5225-0196-1.ch104 ◽

2016 ◽

pp. 2072-2094

Author(s):

Cláudio Roberto Magalhães Pessoa ◽

Fabiana Bigão Silva ◽

Mônica Erichsen Nassif

Keyword(s):

Knowledge Management ◽

Project Management ◽

Production Line ◽

Competitive Advantages ◽

Theoretical Approaches ◽

New Strategy ◽

Innovative Products ◽

Administrative Change ◽

All companies work nowadays at pursuit of innovation, because that will bring better results. The high demand for innovative products and services has led companies to a permanent state of change, either launching a new product or improving the current, enhancing or changing production line, or making administrative change. According to Davenport and Prusak (1998), organizations recognize that knowledge is the only source capable of generating sustainable competitive advantages. Gattoni (2000) corroborates the authors defending that enterprise knowledge management becomes a new strategy to be matured in terms of competitive gains in projects. Models and theoretical approaches show that the relationship between project management, and information and knowledge management generates significant improvements to organizations. This chapter makes a link of both themes aimed at significant improvements in the organization.

Advances in IT Personnel and Project Management - Handbook of Research on Effective Project Management through the Integration of Knowledge and Innovation ◽

The Relationships between Project Management and Knowledge Management

10.4018/978-1-4666-7536-0.ch007 ◽

2015 ◽

pp. 114-136

Author(s):

Cláudio Roberto Magalhães Pessoa ◽

Fabiana Bigão Silva ◽

Mônica Erichsen Nassif

Keyword(s):

Knowledge Management ◽

Project Management ◽

Production Line ◽

Competitive Advantages ◽

Theoretical Approaches ◽

New Strategy ◽

Innovative Products ◽

Administrative Change ◽

Intention to Use Self-Service Technology: Blitzmegaplex Jakarta

Advanced Science Letters ◽

10.1166/asl.2015.5932 ◽

2015 ◽

Vol 21 (4) ◽

pp. 740-744

Author(s):

Adilla Anggraeni ◽

Mandayu Victory Soepraptoyo

Keyword(s):

Service Provider ◽

Perceived Control ◽

Reliability And Validity ◽

Intention To Use ◽

Competitive Advantages ◽

Self Service ◽

Self Service Technology ◽

And Control ◽

Relationship Of ◽

Objective—Due to the advancement of technology, the service delivery process has changed in various industries. The service process has been utilized as a means to create competitive advantages by many industries. The main purpose of this research is to explore the perceptions of non-users of self-service technology towards the potential convenience and control benefits of using the technology and how they influence the non-users’ overall perceptions of speed of transaction, trust in the service provider and future intentions to use the self-service technology. Design/Methodology/Approach—Cronbach’s Alpha and Confirmatory Factorial Analyses were utilized to determine reliability and validity of the constructs. Multiple linear regression and mediation analysis were used to determine whether there were any relationships between the variables. Result and Conclusion—The result concluded that both the perceived control and perceived convenience act as mediators between the relationship of speed of transaction, and trust in a service provider to intention to use self-service technology. The findings also show that both perceived control and perceived convenience can directly influence an individual’s intention to use self-service technology. Practical Implications—The findings suggest that it is important for companies to offer self-service technology that can increase customer’s perception of control and convenience as those characteristics can affect the customers’ intention to use self-service technology in the future. It is also crucial to emphasize the speed of transaction and trust in the service provider as both factors have a mediating impact between customers’ perceived control and perceived convenience towards their intentions to use self-service technology.

An Investigation of the Moderating Effect of IT Personnel Capability on the Relationship between Intangible IT Resources and IT Infrastructure Flexibility on the Sustainable Competitive Advantages

Journal of Asian Scientific Research ◽

10.18488/journal.2.2018.89.277.286 ◽

2018 ◽

Vol 8 (9) ◽

pp. 277-286

Author(s):

Lahcene Makhloufi ◽

Hussein Mohammed Esmail Abu Al-Rejal ◽

Shahimi Mohtar

Keyword(s):

Moderating Effect ◽

Competitive Advantages ◽

It Infrastructure ◽

It Resources ◽

It Personnel ◽

The effect of internal factors and family influence on firms’ adoption of green product innovation

Management Research Review ◽

10.1108/mrr-02-2015-0031 ◽

2016 ◽

Vol 39 (10) ◽

pp. 1167-1198 ◽

Cited By ~ 12

Author(s):

Yi-Chun Huang ◽

Min-Li Yang ◽

Ying-Jiuan Wong

Keyword(s):

Firm Size ◽

Family Firms ◽

Behavioral Theory ◽

Family Influence ◽

Future Research ◽

Green Product ◽

Internal Factors ◽

Content Type ◽

And Control ◽

Purpose Little research has been conducted on the internal factors that drive green product (GP) innovation and how family influence affects firm adoption of GP innovation. This study aims to apply multiple perspectives to bridge this research gap, adopting the resource-based view (RBV) to examine what and how internal factors affect firm adoption of GP innovation, and using the behavioral theory of family firms to investigate whether family influence fosters or hinders firm adoption of GP innovation. Design/methodology/approach This study used a multichannel approach and adopted content analysis to collect and evaluate data on listed Taiwanese firms and used cross-sectional regression analysis to examine the effect of internal factors and family influence on firm adoption of GP innovation. Findings The results showed that the internal factors of green capabilities, R&D intensity and firm size significantly and positively affected firm adoption of GP innovation separately. Furthermore, the study found that family influence (ownership and control) significantly and negatively affects firm adoption of GP innovation separately. Research limitations/implications This study contributes to the academic research of innovation management, green management and family firms in several aspects, but also has some limitations. This study examined only the relationship between a firm’s internal factors and GP innovation. Future research might test the relationship between a firm’s internal factors and adoption of green process innovation. In addition, such research can explore how integrated internal and external factors influence firm adoption of GP innovation. Practical implications From the RBV, the internal factors of green capabilities, R&D intensity and firm size that can exert crucial effects on firm engage in firm’s adoption of GP innovation. This study suggests that top managers in family-influenced businesses should maintain appropriate commitment and support for fostering and facilitating firm GP innovation. Social implications From the RBV, this study examined how internal factors affect firm adoption of GP innovation. Moreover, based on the behavioral theory of family firms, this study further examined how family influence (ownership and control) affects firm adoption of GP innovation. This paper extended both perspectives to examine green issues. Originality/value From the RBV, this study examined how internal factors affect firms’ GP innovation. Moreover, based on institutional theory, this study further examines how a family firm moderates the relationship between a firm’s internal factors and GP innovation. The paper extended both perspectives to probe further the green issues.

Internationalization vs family ownership and management: the case of Portuguese wine firms

International Journal of Wine Business Research ◽

10.1108/ijwbr-10-2016-0034 ◽

2017 ◽

Vol 29 (2) ◽

pp. 195-209 ◽

Cited By ~ 5

Author(s):

Luis Miguel Pacheco

Keyword(s):

Family Involvement ◽

Family Firms ◽

Control Structure ◽

Export Performance ◽

Content Type ◽

Portuguese Economy ◽

The Portuguese Economy ◽

And Control ◽

To Receive ◽

Purpose The purpose of this paper is to empirically examine the relationship between the firms’ ownership and control structure and their export performance. The literature is traditionally focused on the relationship between firms’ performance and internationalization, with the relationship between ownership and control structure with internationalization being much less studied, particularly in the context of family firms. Design/methodology/approach The authors focus their study on the Portuguese wine firms due to their increasing importance in the Portuguese economy and in the promotion of the country’s exports and image abroad. They used a balanced panel data sample of 82 firms for the period from 2011 to 2015 and applied a random effects model and a Tobit specification. Findings The degree of family involvement shows a negative and significant relationship with internationalization, meaning that family firms that intend to internationalize should be open to receive external managers with international experience and increase their internal competencies to enhance internationalization. Originality/value This paper extends the literature since assesses, at the light of the agency theory, the presence of differences in the internationalization degree and export intensity between family firms that are managed and controlled by the owners and family firms that are managed by non-family members, with an application to a less studied sector and country.

Beyond socioemotional wealth: taking another step toward a theory of the family firm

Management Research The Journal of the Iberoamerican Academy of Management ◽

10.1108/mrjiam-06-2016-0670 ◽

2016 ◽

Vol 14 (3) ◽

pp. 279-287 ◽

Cited By ~ 2

Author(s):

James J. Chrisman ◽

Daniel T. Holt

Keyword(s):

Family Firms ◽

Initial Step ◽

Family Firm ◽

Economic Activities ◽

Socioemotional Wealth ◽

Content Type ◽

The Family ◽

Conceptual Paper ◽

And Control ◽

Purpose The purpose of this paper is to explain how the concept of socioemotional wealth can be combined with other important concepts in the family firm literature to develop a theory of the family firm. Design/methodology/approach This is a conceptual paper based on a review of the paper of Martin and Gómez-Mejía in this issue as well as the family business literature in general. Findings Martin and Gómez-Mejía (this issue) present a theoretical model and propositions on the relationship between socioemotional and financial wealth that advances understanding of family firm decision-making. That paper provides an initial step toward a theory of the family firm that can explain why firms select the family form of organization to conduct economic activities, what determines their scale and scope and why heterogeneity is observed among family firms. This commentary takes another step toward such a theory by discussing how the combined consideration of goals, governance and resources could be used to address the above three questions. Originality/value The precepts of a new theory of the family firm is presented that incorporates the concepts of goals (socioemotional wealth), governance (family ownership and control) and resources (familiness) of family firms to explain why family firms exist and potentially thrive as well as to explain the heterogeneity among family firms.

Does the preference of family board seats allocation influence corporate investment efficiency?

Nankai Business Review International ◽

10.1108/nbri-02-2021-0009 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Chun Su ◽

Xing Liu ◽

Huan Shao

Keyword(s):

Cash Flow ◽

Family Firms ◽

Corporate Investment ◽

Altruistic Behavior ◽

Investment Efficiency ◽

Control Rights ◽

Content Type ◽

Law System ◽

And Control ◽

Purpose This paper aims to investigate the influence of over-allocation and under-allocation of family board seats on the corporate investment efficiency. Design/methodology/approach Based on the perspective of altruistic behavior, this paper theoretically analyzes the relationship between the preference of family board seats allocation and corporate investment efficiency, and designs the research. On this basis, we use STATA14.0 as an analysis tool to empirically test the relationship between the preference of family family board seats allocation and corporate investment efficiency, and consider the impact of different governance scenarios. Findings This study finds that firms with a higher over-allocation degree of family board seats invest more efficiently, evidenced by significantly suppressed over-investment rather than mitigated under-investment. However, we do not find evidence that the higher degree of under-allocation of family board seats contribute to lower corporate investment efficiency. Additionally, this study finds that the positive relationship between the over-allocation degree of family board seats and corporate investment efficiency is more pronounced for firms with higher separation of cash flow rights and control rights, and weaker regional law system environment. Our mechanism discussion shows that the higher over-allocation level of family board seats contributes to the mitigation of agency costs for family firms by reducing the tendency for non-family boards to vote “against board proposals” and the appropriation behavior of the controlling family, and eventually improving corporate investment efficiency. Originality/value This paper examines the relationship between the preference of family board seats allocation and corporate investment efficiency from the perspective of altruistic behavior. Unlike previous studies, this paper distinguishes the governance effects arising from over-allocation and under-allocation of family board seats. Additionally, different governance scenarios are incorporated into the decision-making mechanism of the board of family firms, and the influences of the divergence of cash-flow and control rights and a weaker regional law system on the governance effect of the preference of family board seat allocation are analyzed.

Competitive Intelligence and Sustainable Competitive Advantage in the Hotel Industry

Sustainability ◽

10.3390/su11061597 ◽

2019 ◽

Vol 11 (6) ◽

pp. 1597 ◽

Cited By ~ 2

Author(s):

Gisela Casado Salguero ◽

Manuel Fernández Gámez ◽

Ignacio Aldeanueva Fernández ◽

Daniel Ruíz Palomo

Keyword(s):

Competitive Advantage ◽

Hotel Industry ◽

Path Model ◽

Competitive Intelligence ◽

Competitive Advantages ◽

Sustainable Competitive Advantage ◽

Current State ◽

The Relationship ◽

Practical Implications

Competitive intelligence (CI) is a business tool within strategic management, and it is gaining significance as a process that enables companies to achieve sustainable competitive advantage. This study explores the current state of CI in the Spanish hotel industry. For this purpose, a path model has been developed which empirically investigates the relationship between CI use and its backgrounds. The results obtained suggest that environmental and organizational characteristics affect CI effort, and in turn, CI effort affects CI use. This study provides theoretical and practical implications to help managers develop sustainable competitive advantages through the potential that CI offers within the hotel industry.