The Enhancement of HR Systems Through Entrepreneurial Succession in Family SMEs

Author(s):  
Enrico Cori ◽  
Mariacristina Bonti

This chapter aims at shedding light on the “hidden relationship” between the process of entrepreneurial succession in family SMEs and the development of the HR management system in such firms. Starting from a literature review, the authors develop a reflection based on evidence from a sample of Italian family SMEs, collected through a longitudinal qualitative inquiry. They question if and how the change at the helm of the family firm may constitute an opportunity to develop or strengthen the HR management system. The ultimate goal of the chapter is to lay the foundation for building a conceptual framework in which some possible relationships between the variables involved are outlined.

Author(s):  
Unai Arzubiaga ◽  
Alfredo De Massis ◽  
Amaia Maseda ◽  
Txomin Iturralde

AbstractThis study investigates whether a projected family firm image can affect access to financial resources, which is key to providing broader strategic options and meeting short-term financial needs, especially for small and medium-sized enterprises (SMEs). Building on the signaling literature, we consider the family SME leaders’ perspective and conceptually and empirically examine whether they believe a projected family firm image acts as a credible signal to the lender. We also examine additional boundary conditions influencing the family SME’s projected image–access to financial resources relationship, by specifically investigating whether firm age and size alter the degree of the signaling effect. Our unique data on 289 Spanish family SMEs reveal that projected family firm image can act as an attractive signal to lenders, leading to better access to financial resources for SMEs. Furthermore, firm size reinforces the role of the projected family firm image as a positive signal. These findings address an important practical issue in terms of family firm stakeholder perceptions, offering contributions to the corporate branding, family business, and financing literature.


2019 ◽  
Vol 15 (1) ◽  
pp. 166
Author(s):  
Beskida S. Dorda ◽  
Eriona M. Shtëmbari

Family business is created when the family leads commercial activities. This intersection represents emotions and trade within the same entity, driving attention toward intangible resources. History has shown that families can gather together and run successful businesses. Non-financial topics are capturing the attention of the management field, and family firm identity (FFI) is an interesting topic for those who want to study more in-depth this type of business. This paper will give a review of the academic literature about the FFI identified as a field that needs to be explored more in depth. Interested researchers will find a general view of how this approach is developed from scholars around the world. The aim is to present how the family and business identity relate to one another, seen from different perspectives by scholars. Researchers’ invaluable contributions are used to design this review, using databases such as Emerald, ProQuest (ABI/INFORM), EBSCOhost and Science Direct. Keywords used for search are family business identity and family firm identity. The data are gathered during May and June 2019. The review shows that several dimensions can influence on the level of FFI. Some of the dimensions which resulted from this study are generations, boundaries, identity conflict, growth, communication and globalization.


1996 ◽  
Vol 9 (2) ◽  
pp. 199-208 ◽  
Author(s):  
Renato Tagiuri ◽  
John Davis

Although family-owned and managed firms are the predominant form of business organization in the world today, little systematic research exists on these companies. This paper builds upon insights found in the emerging literature on these enterprises and upon our own observations to provide a conceptual framework to better understand these complex organizations. We introduce the concept of the Bivalent Attributes—a unique, inherent feature of an organization that is the source of both advantages and disadvantages— to explain the dynamics of the family firm.


Author(s):  
Rubén Martínez-Alonso ◽  
María J. Martínez-Romero ◽  
Daniel Rodríguez-Rodríguez

The aim of this chapter is to analyse how family SMEs use digital media, particularly organizational websites, to disseminate information about their products, services, history, etc. To this end, the authors perform a descriptive analysis of 32 organizational websites from privately owned family SMEs located in the region of Andalusia (Southern Spain), emphasizing two differentiating strategies: promotion of the family firm brand and website quality level. On the one hand, the findings show that family firms are to some degree reluctant to promote their family firm brand on their organizational websites, with the indicator of being a family firm as the most communicated. On the other hand, the findings reveal that family firms tend to develop organizational websites with an adequate quality level; however, the inclusion of components, such as FAQ or help sections or a bilingual option, need to be considered in the future.


2019 ◽  
Vol 33 (1) ◽  
pp. 18-37 ◽  
Author(s):  
Daniela Andreini ◽  
Cristina Bettinelli ◽  
Giuseppe Pedeliento ◽  
Roberta Apa

This literature review analyzes studies that deal with the meanings that consumers form about firms’ family nature. Through the analysis of 83 papers, we highlight the importance of firms’ family nature from consumers’ perceptual, social, and cultural perspectives, at the micro, meso, and macro levels. Beside the common meanings that consumers attach to firms’ family nature, our review showed that in some cases, firms’ family nature acquired meanings that were deemed to be so important that they eventually provided consumers with self-identification, communitarian identification, and novel market configurations, and even made the family firm the industry’s prototypical organizational form.


2021 ◽  
Vol 11 (2) ◽  
pp. 870
Author(s):  
Galena Pisoni ◽  
Natalia Díaz-Rodríguez ◽  
Hannie Gijlers ◽  
Linda Tonolli

This paper reviews the literature concerning technology used for creating and delivering accessible museum and cultural heritage sites experiences. It highlights the importance of the delivery suited for everyone from different areas of expertise, namely interaction design, pedagogical and participatory design, and it presents how recent and future artificial intelligence (AI) developments can be used for this aim, i.e.,improving and widening online and in situ accessibility. From the literature review analysis, we articulate a conceptual framework that incorporates key elements that constitute museum and cultural heritage online experiences and how these elements are related to each other. Concrete opportunities for future directions empirical research for accessibility of cultural heritage contents are suggested and further discussed.


Mathematics ◽  
2021 ◽  
Vol 9 (14) ◽  
pp. 1633
Author(s):  
Zhiwu Zhou ◽  
Julián Alcalá ◽  
Víctor Yepes

The aim of this paper is to establish an international framework for sustainable project management in engineering, to make up the lack of research in this field, and to propose a scientific theoretical basis for the establishment of a new project management system. The article adopts literature review, mathematical programming algorithm and case study as the research method. The literature review applied the visual clustering research method and analyzed the results of 21-year research in this field. As a result, the project management system was found to have defects and deficiencies. A mathematical model was established to analyze the composition and elements of the optimized international project management system. The case study research selected large bridges for analysis and verified the superiority and practicability of the theoretical system. Thus, the goal of sustainable development of bridges was achieved. The value of this re-search lies in establishing a comprehensive international project management system model; truly integrating sustainable development with project management; providing new research frames and management models to promote the sustainable development of the construction industry.


2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Federico Zanfi ◽  
Chiara Merlini ◽  
Viviana Giavarini ◽  
Fabio Manfredini

AbstractThe ‘family house’ has played a major role within the urbanisation processes that have been transforming the Italian landscape since the 1960s. It is a common feature of the widespread settlements that are part of what has been labelled the ‘diffuse city’ and was the subject of numerous studies during the 1990s. More than 20 years later, this paper returns to the topic of the Italian family house using a renewed methodological approach to describe relevant changes. The hypothesis here is that in order to grasp the tensions affecting ‘family houses’ in today’s context of demographic transition and increased imbalances between dynamic and declining areas, and to contemplate their future, the qualitative gaze adopted by scholars in the 1990s must be integrated with other investigative tools, focusing on demographic change, uses, and the property values of buildings. Using this perspective, the paper provides a series of ‘portraits’ rooted in four meaningful territorial contexts, portraits which may help scholars to redefine their imagery associated with family house and be useful for dedicated building policies.


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