Competitiveness Organizational Management And Governance In Family Firms

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Competitiveness, Organizational Management, and Governance in Family Firms

Author : Camisón, Cesar,González, Tomás
Publisher : IGI Global
Page : 459 pages
File Size : 42,6 Mb
Release : 2019-11-22
Category : Business & Economics
ISBN : 9781799816560

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Competitiveness, Organizational Management, and Governance in Family Firms by Camisón, Cesar,González, Tomás Pdf

The "family effect" remains a challenge for researchers interested in both the family firm’s organizational form and in the effects of familial ownership on a firm's strategy, structure, and performance. Governance mechanisms, management quality, ownership concentration, and family involvement all have relevant effects in terms of influencing monitoring costs, investment decisions, the development of the portfolio of resources and capabilities, and family firm competitiveness. Nevertheless, few studies to date have opened the black box of the "family effect." Competitiveness, Organizational Management, and Governance in Family Firms is an essential reference source that makes a clear distinction between the separation of ownership and management, on the one hand, and the institutional development of family governance instruments, on the other, to help uncover the asymmetric effects of these two choices. It also allows the examination as to which of the two strategies employed in family firms reinforce managerial capital that has a greater positive impact on the "family effect," thus helping to achieve better managerial capabilities. Featuring research on topics such as corporate governance, private business, and successional leadership, this book is ideally designed for managers, executives, CEOs, company owners, consultants, business professionals, entrepreneurs, academicians, and researchers interested in an in-depth understanding of the keys to success and survival of family-operated organizations.

Competitiveness, Organizational Management, and Governance in Family Firms

Author : César Camison
Publisher : Unknown
Page : 490 pages
File Size : 52,8 Mb
Release : 2019
Category : Electronic
ISBN : 1799816575

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Competitiveness, Organizational Management, and Governance in Family Firms by César Camison Pdf

The ""family effect"" remains a challenge for researchers interested in both the family firm's organizational form and in the effects of familial ownership on a firm's strategy, structure, and performance. Governance mechanisms, management quality, ownership concentration, and family involvement all have relevant effects in terms of influencing monitoring costs, investment decisions, the development of the portfolio of resources and capabilities, and family firm competitiveness. Nevertheless, few studies to date have opened the black box of the ""family effect."" Competitiveness, Organizationa.

How Family Firms Differ

Author : S. Bhaumik,R. Dimova
Publisher : Springer
Page : 124 pages
File Size : 52,8 Mb
Release : 2014-11-25
Category : Business & Economics
ISBN : 9781137473585

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How Family Firms Differ by S. Bhaumik,R. Dimova Pdf

Family firms account for a large proportion of firms in most countries. In industrialised countries of North America and Western Europe, they generally account for a large share of small and medium sized enterprises. In emerging market economies such as India, they also account for the majority of the large firms. Their importance for factors such as employment creation notwithstanding, relative to the widely held Anglo-Saxon firms, which are ubiquitous in the economics, finance and management literatures, family firms have historically received much less attention from scholars of these disciplines. However, in part owing to increased focus on emerging markets, there is a growing literature on family firms. In How Family Firms Differ, the authors explore important aspects of family firms, drawing on the existing literature and their own research on these firms.

Handbook of Research on the Strategic Management of Family Businesses

Author : Palma-Ruiz, Jesús Manuel,Barros-Contreras, Ismael,Gnan, Luca
Publisher : IGI Global
Page : 539 pages
File Size : 43,6 Mb
Release : 2020-01-10
Category : Business & Economics
ISBN : 9781799822714

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Handbook of Research on the Strategic Management of Family Businesses by Palma-Ruiz, Jesús Manuel,Barros-Contreras, Ismael,Gnan, Luca Pdf

The literature on family business has developed significantly over the last years. However, efforts remain to summarize and systematize the main aspects that affect the behavior of this type of company. In this regard, the topic of strategic management has been developed. In this sense, it is especially important to recognize how the family decisively influences the behavior of the company and also to identify how the existence of the company affects family dynamics. Those who manage family businesses, whether family or not, must reconcile both perspectives (business and family) in the definition of strategic objectives, allowing sustainability and continuity in this type of organization. The Handbook of Research on the Strategic Management of Family Businesses provides emerging research that covers how strategic management in the family business has been developed and identifies the objectives that sustain this strategic behavior, the main areas of analysis (family and business), the definition of strategies, and their implementation. Also, the authors of this book review the different scenarios for family firms and propose strategies to tackle the challenges and seize the possibilities to grow in a competitive and dynamic environment. Featuring coverage on a broad range of topics such as human capital, organizational leadership, and knowledge creation, this book is ideally designed for family firms, managers, advisors, consultants, policymakers, business professionals, executives, entrepreneurs, researchers, academicians, and students.

Family Business Governance

Author : Keanon J. Alderson
Publisher : Business Expert Press
Page : 205 pages
File Size : 52,7 Mb
Release : 2019-04-15
Category : Business & Economics
ISBN : 9781949991314

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Family Business Governance by Keanon J. Alderson Pdf

This book presents research-based information to provide the reader a deeper understanding of the complex nature of family owned businesses, their problems and challenges, and the unique governance structures and mechanisms that have been developed to properly guide a family business to greater effectiveness. Family business is the most prevalent form of business organization in the world. Much of the existing literature on family and corporate governance focuses on the larger and often publicly owned corporations instead of the unique and special issues of the much more prevalent privately held (usually smaller) family businesses. This book presents research-based information to provide the reader a deeper understanding of the complex nature of family owned businesses, their problems and challenges, and the unique governance structures and mechanisms that have been developed to properly guide a family business to greater effectiveness. For the family, such structures include having family meetings, a family council, and a family constitution. For the business, the board of directors provides experienced and knowledgeable advice and recommendations, as well as oversight and monitoring activities. For the owners, a shareholder’s council and an annual shareholder meeting allows increased communication and voting on decisions. These family governance mechanisms have been shown to increase communication, reduce conflict, and improve decision making and professionalism. Each governance tool will be explored in depth. The audience for this book is family business owners, consultants, practitioners, and family business scholars. Cases will provide readers an opportunity to apply their learning to real business problems.

Managing for the Long Run

Author : Danny Miller,Isabelle Le Breton-Miller
Publisher : Harvard Business Press
Page : 330 pages
File Size : 46,8 Mb
Release : 2005
Category : Business & Economics
ISBN : 1591394155

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Managing for the Long Run by Danny Miller,Isabelle Le Breton-Miller Pdf

Fidelity, Hallmark, Michelin, and Wal-Mart are renowned industry powerhouses with long leadership track records. Yet these celebrated companies are united by another factor not generally equated with competitive success: They are all family-controlled businesses. While many view the hallmarks of family businesses—stable strategies, clan cultures, and unencumbered family ownership—as weaknesses, Danny Miller and Isabelle Le Breton-Miller argue that it is these very characteristics that create formidable competitive advantages for many such firms. Managing for the Long Run draws from a worldwide study of enduring, family-run organizations—including Cargill, Timken, L.L. Bean, The New York Times, and IKEA—to reveal their unconventional success strategies and how these strategies can be adopted and applied in any organization. Miller and Le Breton-Miller show how four driving passions of family-run firms—command, continuity, community, and connection—give rise to a set of practices that defy modern management thinking yet ensure a company’s long term competitive advantage. Outlining how these practices can enhance strategic efforts from operations to brand leadership to innovation, this book shows what every company must do to manage for the long run.

Family Business Governance

Author : John L. Ward,Craig E. Aronoff
Publisher : Macmillan
Page : 106 pages
File Size : 44,9 Mb
Release : 2011-01-04
Category : Business & Economics
ISBN : 9780230116016

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Family Business Governance by John L. Ward,Craig E. Aronoff Pdf

While every family business is unique, embracing systematic governance processes can help any family business achieve goals shared by virtually all: orderly decision-making, peaceful continuity, and the freedom to make decisions based on the highest and best purposes of both the business and the family.

Performance and Behavior of Family Firms

Author : Esra Memili
Publisher : MDPI
Page : 174 pages
File Size : 54,7 Mb
Release : 2018-03-23
Category : Electronic book
ISBN : 9783038427810

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Performance and Behavior of Family Firms by Esra Memili Pdf

This book is a printed edition of the Special Issue "Performance and Behavior of Family Firms" that was published in IJFS

Organizational Behavior and Management in Family Businesses

Author : Omer Yazici
Publisher : Cambridge Scholars Publishing
Page : 255 pages
File Size : 41,7 Mb
Release : 2022-03-22
Category : Business & Economics
ISBN : 9781527580053

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Organizational Behavior and Management in Family Businesses by Omer Yazici Pdf

Family firms constitute more than 80% of businesses and employ 60% of the workforce worldwide. This book presents valuable insights about how these firms operate and how their employees feel. It explores HR management issues, family integration as a source of competitive advantage, the financial management practices of family firms. In addition to offering a comprehensive analysis of managerial issues in family businesses, it also provides state of the art findings about these challenges.

Family Firms and Institutional Contexts

Author : Giorgia Maria D'Allura,Andrea Colli,Sanjay Goel
Publisher : Edward Elgar Publishing
Page : 352 pages
File Size : 42,6 Mb
Release : 2024-05-20
Category : Business & Economics
ISBN : 9781788970181

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Family Firms and Institutional Contexts by Giorgia Maria D'Allura,Andrea Colli,Sanjay Goel Pdf

"Family firms represent over 90 per cent of businesses globally, and play a significant role in the economies of many nations. This innovative book takes an interdisciplinary, cross-national approach to the study of family firms as institutions as well as the relationship between family firms and external institutions. In doing so, it demonstrates the impact of these interactions both on the firms and institutions themselves and on the wider economic context. Featuring in-depth analysis of original research, chapters take both theoretical and empirical approaches to explore the family firm as an organization, and include several key case studies. At a micro level, the social and cultural unit of the family and its behaviour is investigated, and at a macro level, external institutional contexts are examined to explain and theorise firms' behaviours and strategies, covering areas such as innovation, competitiveness and reputation. The book provides important conceptual insights and critical empirical research, as well as ideas for future research agendas. Family Firms and Institutional Contexts will be a critical read for scholars and doctoral students in business and management, particularly those with an interest in family firms. Policymakers and practitioners in these areas will also find its insights of practical relevance"--

The Palgrave Handbook of Heterogeneity among Family Firms

Author : Esra Memili,Clay Dibrell
Publisher : Springer
Page : 1016 pages
File Size : 53,8 Mb
Release : 2018-09-05
Category : Business & Economics
ISBN : 9783319776767

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The Palgrave Handbook of Heterogeneity among Family Firms by Esra Memili,Clay Dibrell Pdf

This handbook is the definitive source of research on the differences among family firms. It provides a timely and thorough investigation of the variant strategies and behaviors undertaken by family firms today, taking a closer look at different configurations of family involvement and how they influence outcomes and success. While studies on differences between family and non-family firms are deeply rooted in the literature, this handbook uniquely examines the family firm heterogeneity research to date and the inner firm governance, financial and non-financial objectives, and strategies such as innovation, competitive dynamics, internationalization, and human resources management. The handbook pulls together the work of the most prominent names in family business from around the world, separating itself from the competition both in content and geographical scope. Future research directions provided in each chapter will spark further interdisciplinary scholarly work, and will be enlightening for researchers, educators, and practitioners who are currently limited to the narrow and exclusive literature and advance the burgeoning research on this important topic.

Research Anthology on Strategies for Maintaining Successful Family Firms

Author : Management Association, Information Resources
Publisher : IGI Global
Page : 1146 pages
File Size : 46,6 Mb
Release : 2021-08-27
Category : Business & Economics
ISBN : 9781668435519

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Research Anthology on Strategies for Maintaining Successful Family Firms by Management Association, Information Resources Pdf

Family-owned businesses account for many of the small and medium-sized enterprises that exist around the world in various industries. Due to their unique make up, these firms are often heavily influenced by family dynamics that must be reconciled by family and non-family workers alike in order to ensure the sustainability of the business. As smaller businesses competing against an increasingly globalized economy and more directly impacted by economic instability, especially in the wake of the COVID-19 pandemic, these businesses must continue to improve their practices and processes in order to not only survive but thrive. The Research Anthology on Strategies for Maintaining Successful Family Firms discusses the strategies, sustainability, and human aspects of family firms in order to understand what sets them apart from other businesses and how they can survive and compete in a globalized economy. This book discusses the unique dynamic brought by family firms that offers both opportunities and challenges for a growing business. Covering topics such as corporate venturing, the family unit, and business ethics, this text is an essential resource for family firms, entrepreneurs, managers, business students, business professors, researchers, and academicians.

Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business

Author : Saiz-Álvarez, José Manuel,Palma-Ruiz, Jesús Manuel
Publisher : IGI Global
Page : 559 pages
File Size : 46,5 Mb
Release : 2019-04-15
Category : Business & Economics
ISBN : 9781522580133

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Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business by Saiz-Álvarez, José Manuel,Palma-Ruiz, Jesús Manuel Pdf

This reference book is an IGI Global Core Reference for 2019 as it provides trending research on family businesses. With the recent boom in entrepreneurship and the maker market, this publication will provide the timeliest research outlining how family businesses can enhance their business practices to ensure sustainability. The Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business is a collection of innovative research on business and leadership strategies that can be applied to family firms in order to boost efficiency, competitiveness, and optimal use of resource allocation to compete internationally. While highlighting topics including global leadership, knowledge creation, and market performance, this book is ideally designed for business managers, management professionals, executives, researchers, academicians, and students seeking current research on the entrepreneurship role of family businesses in the modern economic age.

Dynamic Strategic Thinking for Improved Competitiveness and Performance

Author : Andraz, Georgette,Carrasqueira, Helder,Pereira, Rosaria,Baleiro, Rita
Publisher : IGI Global
Page : 346 pages
File Size : 50,8 Mb
Release : 2020-06-19
Category : Business & Economics
ISBN : 9781799845539

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Dynamic Strategic Thinking for Improved Competitiveness and Performance by Andraz, Georgette,Carrasqueira, Helder,Pereira, Rosaria,Baleiro, Rita Pdf

Competition in today’s global economy has become more complex due to the adoption of digitization and advanced methods of performance. Firms are compelled to adapt to new challenges that are altering the economic scope while maintaining a competitive edge. Empirical research is needed that highlights innovative and dynamic strategies that will allow corporations to maintain a level of sustainability and remain competitive in the global market. Dynamic Strategic Thinking for Improved Competitiveness and Performance provides emerging research exploring the innovative methods organizations have implemented in order to improve their overall effectiveness. This book analyzes novel strategies companies are using to adjust and respond to modern challenges including globalization and digitization. Featuring coverage on a broad range of topics such as digital business, social media, and human capital, this book is ideally designed for researchers, policymakers, managers, practitioners, executives, government officials, students, and academicians seeking research on modern strategic performance methods for improving corporate sustainability and competitiveness.

Governance in Family Enterprises

Author : A. Koeberle-Schmid,D. Kenyon-Rouvinez,E. Poza,INOGUCHI
Publisher : Springer
Page : 272 pages
File Size : 54,9 Mb
Release : 2013-12-02
Category : Business & Economics
ISBN : 9781137293909

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Governance in Family Enterprises by A. Koeberle-Schmid,D. Kenyon-Rouvinez,E. Poza,INOGUCHI Pdf

Presents a comprehensive overview of governance in family enterprises including practical management knowledge in easy-to-use frameworks and interviews with renowned family enterprise owners and managers. Readers will benefit from the book's systematic approach and the opportunity to learn from the experience of other family enterprises.