The impact of logics-based immigrant context on migrant family enterprises

2021 ◽  
pp. 64-87
Author(s):  
Stone Han ◽  
Artemis Chang ◽  
Hsi-Mei Chung
Keyword(s):  
Family Enterprises ◽  
Migrant Family ◽  
The Impact

Coping mechanisms of Philippine tourism and hospitality family businesses during the COVID-19 pandemic: a non-parametric approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Andrea Santiago ◽  
Fernando Martin Roxas ◽  
John Paolo Rivera ◽  
Eylla Laire Gutierrez
Keyword(s):  
Rural Areas ◽  
Family Firms ◽  
The Philippines ◽  
Academic Community ◽  
Family Businesses ◽  
Content Type ◽  
Family Enterprises ◽  
Tourism And Hospitality ◽  
The Impact ◽  
Non Parametric

PurposeFamily businesses (FB), mostly small-sized, dominate the tourism and hospitality industry (THI), especially in the rural areas. While many would have been used to the impact of demand seasonality, it is unknown how these businesses would have survived through the restrictions imposed to contain the coronavirus disease 2019 (COVID-19) pandemic as compared to non-family business (NFB) counterparts. This study aims to determine if there were differences on how family and non-family enterprises in the THI coped with government restrictions.Design/methodology/approachBy subjecting the survey data from tourism enterprises to non-parametric techniques, the authors establish empirical evidence on similarities and differences of coping strategies adopted by FBs and NFBs; their required support from government and their perceptions of a post-pandemic THI.FindingsThe analysis revealed that family-owned tourism and hospitality businesses in the Philippines tended to collaborate with other businesses to manage the impact of the pandemic restrictions. Since they hired more seasonal workers prior to the restrictions, they tended to avoid hiring workers during the restricted period. NFBs, on the other hand, that were generally larger in size and more professionally managed with more regular employees, tended to streamline operations for greater efficiency.Research limitations/implicationsThe study relied on survey results distributed and collected online. There is an innate bias against those firms that did not have access to the survey links.Practical implicationsThe comparative study suggests that interventions to assist firms in the THI should consider the differences in firm ownership as “one size does not fit all.”Social implicationsThe study provides evidence about how environmental factors impact the operations of family firms. Thus, it provides valuable insights for both the academic community and industry practitioners.Originality/valueThis is the first study in the Philippines that was able to capture response of family and non-family firms in the THI during the COVID-19 lockdown.

scholarly journals Migrant and the Impact to Social-Economic of Household at Plumbon, Polokarto Sub-District

2004 ◽  
Vol 11 (2) ◽  
Author(s):  
Wahyuni Apri Astuti
Keyword(s):  
Social Economic ◽  
Social Economy ◽  
Working Hours ◽  
Average Income ◽  
Process Factor ◽  
Special Skill ◽  
Destination Area ◽  
Migrant Family ◽  
Research Outcome ◽  
The Impact

This research was caried out in Plumbon district of Mojolaban and it was intended to find out demographyc characteristic and migrant social economy, way of mobility process, factor, and reason which affect mobility and social economy effect of mobility action to the migrant family. The applied method to research was surveying and the area of the research was selected purposively, respondent in the surveying amount to 60 which was collected at random out of 320 population. The research outcome shows that mobility agent include in the group of potential age i.e domination of age 22 – 44 groun amount 63,33 percent. Thier education are relatively low i.e amount to 83.33 percent graduated from grammer school and lower. Or if it is more detailed there are 43.33 percent that did not go to school and did not pass grammer school. The work of respondent are 65 percent as workers of factory and construction. Average income per mount of migrant is relatively low i.e Rp 121.417 – only 30 perecent of then do the side job. The reason is that they have no more time as their working hours is long i.e 48 working hours per week, beside a larger part of them have not special skill. Before mobility action their work in farming, it mean that there  happened the mobility of working. Decision to realize the mobility emerged from respondents them selves and the main information workes of destination area is an informal one. The effecct of go back and forth mobility to the migrant family is their income improvement, if it is compared to their income before mobility, it includes the problem of providing food, clothing, and education.

scholarly journals Venture capital, control rights, and family enterprise growth

PLoS ONE ◽  
2021 ◽  
Vol 16 (8) ◽  
pp. e0256318
Author(s):  
Xianjun Pang ◽  
Liping Liu
Keyword(s):  
Venture Capital ◽  
Growth Performance ◽  
Negative Impact ◽  
Control Rights ◽  
Equity Financing ◽  
Family Control ◽  
Enterprise Growth ◽  
Family Enterprise ◽  
Family Enterprises ◽  
The Impact

This research explores and explains the path of family enterprise venture capital equity financing from the perspective of endogenous family control rights. We adopted unbalanced panel data on Chinese listed companies from 2007 to 2018. Empirical research shows that there are significant differences in the impact of venture capital on the growth performance of family enterprises and non-family enterprises. Venture capital negatively affects the growth performance of family enterprises, while the negative impact of venture capital on family enterprises is not significant. In addition, family control positively moderates the negative impact of venture capital on family enterprise growth performance.

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.

scholarly journals Research on Conflict Behavior of Top Management Team in Family Enterprises: A Complex Network Perspective

2015 ◽  
Vol 2015 ◽  
pp. 1-12
Author(s):  
Mengyun Wu ◽  
Huimin Wu ◽  
Tao Xie ◽  
Jie Lu
Keyword(s):  
Complex Network ◽  
Evolutionary Game ◽  
Top Management Team ◽  
Management Team ◽  
Conflict Behavior ◽  
Top Management ◽  
Characteristic Analysis ◽  
Family Enterprises ◽  
Multiple Attribute ◽  
The Impact

At present time, methods of research about top management team’s conflict become more and more prosperous with the help of complex system theory and evolutionary game. Taking family enterprise as an example, this paper makes an attempt on exploring complex network modeling to study data processing method and abstraction method of complex network of TMT conflict. And the paper will consider the attribute and relational mapping of top management team as nodes and edges in complex network to discuss the direct correspondence between complex network structure and management team characteristics. Besides that, according to the multiple attribute decision making, the method to dig into core members of the top management team will be created on the basis of the degree, closeness, cluster coefficient, and betweenness. And then the article will devote to studying the impact of attributes to the inner mechanism of TMT conflict and team cohesion through the network characteristic analysis.

scholarly journals The impact of eu support resources on business success of family-owned businesses

10.5219/1167 ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 846-853 ◽  
Author(s):  
Dániel Halasi ◽  
Pavol Schwarcz ◽  
Ladislav Mura ◽  
Oľga Roháčiková
Keyword(s):  
European Union ◽  
Family Business ◽  
Quantitative Methods ◽  
Slovak Republic ◽  
External Support ◽  
Business Success ◽  
The European Union ◽  
Family Enterprises ◽  
The Family ◽  
The Impact

Nowadays, we live in an accelerated, complex, globalized world, where expectations are high for everyone. The child of today has to train a lot to be successful. The enlargement of the European Union and the expansion of the Schengen zone opened gates to society and economy that were not dreamed before by the countries of Central and Easter Europe. Many businesses were able to develop and grow, and they could achieve the goals they set until the end of the ´90s. The situation has changed since the turn of the millennium. The global markets, the easily accessible products and services, the convenience of the World Wide Web, the growing competition, the multinational companies and foreign chains, the high consumer expectations and the requirements and standards of EU have resulted the end of many businesses. The aim of the paper was to evaluate the impact of European Union support funds on the business of family enterprises in the southern districts of the Slovak Republic. The research material was obtained from primary sources. Data were subject of deeper analysis by statistical methods. Subsequently hypotheses were  formulated  and verified by use quantitative methods. According to results, in a group of businesses not supported by EU programs more than half of the respondents could not develop in the last 3 years, they had negative results. It can be stated that if external support and consultancy are present in family business life, the younger generation will find the family business more dynamic, innovative and attractive and therefore they will continue to run the family business.

scholarly journals Do family firms pay less for external funding?

2021 ◽  
pp. 031289622110182
Author(s):  
Muhammad Jahangir Ali ◽  
Seema Miglani ◽  
Man Dang ◽  
Premkanth Puwanenthiren ◽  
Mazur Mieszko
Keyword(s):  
Family Involvement ◽  
Family Firms ◽  
Jel Classification ◽  
Family Control ◽  
Listed Firms ◽  
Family Enterprises ◽  
The Cost ◽  
And Control ◽  
The Impact

We examine the impact of family control on the cost of raising external funds by family enterprises. Using a sample of Australian publicly listed firms, we find a significantly negative relation between cost of newly raised capital and family control. Moreover, we show that this relationship varies with the quality of corporate governance and the quality of firm’s information environment. Furthermore, we conduct several robustness checks and consistently find that our main results remain unchanged. Overall, our evidence suggests that family firms have easier access to external financing fostered by family involvement in the ownership and control. JEL Classification: G31; G32; M41; M42

Family commitment and performance in private family firms: moderating effect of professionalization

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammad Rezaur Razzak ◽  
Suaad Jassem ◽  
Alima Akter ◽  
Syed Abdulla Al Mamun
Keyword(s):  
Firm Performance ◽  
Family Firms ◽  
Equation Modeling ◽  
Single Individual ◽  
Content Type ◽  
Family Commitment ◽  
Family Enterprises ◽  
The Family ◽  
The Impact ◽  
Privately Held

PurposeThe purpose of this research is to examine the interplay between family commitment as a family-centric resource and professionalization of the organization as a firm-centric resource to determine how the two phenomenon come together to enhance business performance in the context of privately held family firms.Design/methodology/approachDeploying the theoretical lens offered by the resource-based view, a conceptual link is developed between family commitment to the firm and firm performance with the potential moderating influence of firm professionalization. The hypotheses are tested using data collected from 357 privately held medium-to-large family-owned manufacturing companies in Bangladesh. The data are analyzed through structural equation modeling using SmartPLS (v.3.2).FindingsThe data analysis suggests that in absence of the moderator; professionalization, family commitment has a positive and significant association with firm performance. While in the presence of the moderator the above relationship is substantially stronger. The findings indicate that when family-specific resources and firm-specific resources are synchronized, it enhances performance of the family firm and puts it on a strong economic footing toward a more sustainable future.Research limitations/implicationsCross-sectional nature of the study exposes it to the specter of common method bias despite the fact that procedural remedies were initiated to minimize the impact of such occurrence. Furthermore, data were collected from a single individual in each organization. Therefore, a longitudinal study with data obtained from multiple individuals at different levels of the organization would possibly yield more robust findings.Practical implicationsLeaders of family firms may find pertinent clues from the outcome of this study. Particularly, the confluence of family commitment to the firm as a family-specific resource and professionalization as a firm-specific resource can be valuable, rare, difficult to imitate and substitute source of competitive advantage for the family business organization.Social implicationsSurvival of family businesses is vital to the global economy as one of the primary drivers of global gross domestic product growth and source of new employment. Policymakers can benefit from the findings of this study to customize policies to nurture growth of family enterprises and incentivize family firms to adopt professionalization through better governance and transparent managerial procedures.Originality/valueA nuanced understanding of how family commitment and firm professionalization combine to significantly improve performance of family firms has not been dominant in the literature. Therefore, findings of this study carry special theoretical implications, because it suggests that both family-specific features and firm-specific features are necessary for enhanced levels of firm-centric business outcomes such as economic performance.

scholarly journals Medical Family Businesses in Poland – Model and Managerial Challenges

Management ◽  
2018 ◽  
Vol 22 (1) ◽  
pp. 163-175
Author(s):  
Łukasz Sułkowski ◽  
Andrzej Woźniak ◽  
Joanna Sułkowska
Keyword(s):  
Rapid Development ◽  
Family Businesses ◽  
Medical Services ◽  
Family Enterprises ◽  
Model Combining ◽  
Medical Sector ◽  
The Family ◽  
Business Entities ◽  
Polish Economy ◽  
The Impact

Summary Medical Family Businesses in Poland - Model and Managerial Challenges There is a deficit of data in Poland about characteristics of family enterprises providing medical services. The medical sector in Poland faces a rapid development of family businesses and is diverse because it encompasses various size business entities that specialize in many possible aspects of the medical business. The article is about the characteristics of family enterprises providing medical services and extent to which they resemble family businesses, and to which they are derived from medical service activities. The article is of theoretical nature and its aim is to propose the model for the functioning of family-owned medical businesses, taking into account the impact of the type of activity and the family organization. The first part of the article is focuses on characteristics of family businesses, there is relatively little representative research analyzing the share of family enterprises in the Polish economy and describing their character. The second part of the article is the problem of ethos of medical professions in relation to business and economic logics of an organization. In the third of the article part there is a proposal for a model combining both aspects of the functioning of this type of economic entities.

Formation of Lunar Craters and Bright Rays as a Result of Meteorite Impacts

1962 ◽  
Vol 14 ◽  
pp. 415-418
Author(s):  
K. P. Stanyukovich ◽  
V. A. Bronshten
Keyword(s):  
Explosive Charge ◽  
The Moon ◽  
Meteorite Impacts ◽  
The Earth ◽  
Lunar Craters ◽  
The Impact

The phenomena accompanying the impact of large meteorites on the surface of the Moon or of the Earth can be examined on the basis of the theory of explosive phenomena if we assume that, instead of an exploding meteorite moving inside the rock, we have an explosive charge (equivalent in energy), situated at a certain distance under the surface.

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