Family Influence On Performance Of Family Small And Medium Enterprises

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Family Influence on Performance of Family Small and Medium Enterprises

Author : Ana Paula Matias Gama
Publisher : Springer Nature
ISBN 13 : 9813348461
Total Pages : 126 pages
Book Rating : 4.8/5 (133 download)

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Book Synopsis Family Influence on Performance of Family Small and Medium Enterprises by : Ana Paula Matias Gama

Download or read book Family Influence on Performance of Family Small and Medium Enterprises written by Ana Paula Matias Gama and published by Springer Nature. This book was released on 2021-05-19 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between family influence and financial performance and non-economic goals in small and medium family-owned enterprises (SME) in Portugal. Research on the performance of family-owned firms is growing but results are mixed, especially for non-listed companies. This book examines smaller family-owned firms that operate in a small, open economy, characterised by a context of relatively weak capital markets and predominantly bank-based financing. Delving into the impact of key variables such as the power dimension, experience and culture on performance establishes, the book goes on to analyse the determinants of performance in such family-owned SMEs. Given the importance of family firms to open economies, this book would be a valuable read to scholars aiming to understand the reasons behind their success, managers seeking out strategic and operational guidance and to regulators and policymakers at the regional and national levels.

Understanding Family Businesses

Author : ALAN CARSRUD
Publisher : Springer Science & Business Media
ISBN 13 : 146140911X
Total Pages : 333 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Understanding Family Businesses by : ALAN CARSRUD

Download or read book Understanding Family Businesses written by ALAN CARSRUD and published by Springer Science & Business Media. This book was released on 2011-10-29 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Businesses owned and operated by families constitute the vast majority of firms around the world. These firms are found in all industrial segments, from retail and service establishments to heavy manufacturers. Their sizes and revenues range from the smallest venture of a husband and wife roadside food stall in rural India to the largest multinational, highly diversified corporations in the United States and Europe. Many challenges, such as competition, regulation, environmental concerns, access to capital, and macroeconomic factors confront family and nonfamily firms alike. In addition, family and closely-held firms grapple with such issues of succession, continuity, conflict resolution, identity and organizational roles, estate and financial planning that are idiosyncratic to them; when psychological, social, and emotional factors are in play, constantly changing familial relationships influence the strategic and financial choices they make. Yet, there has been comparatively little theoretical or empirical research undertaken on family firms, relative to entrepreneurship and strategic management. This book addresses gaps in the literature by presenting a holistic, multi-disciplinary approach to the study and practice of family business that draws from such fields as psychology, anthropology, sociology, strategy, family therapy, family studies, wealth management, and international business. An international array of experts addresses both macro issues (including the role of family businesses in new business creation and economic development, influences of culture on family business, public policies that can encourage or threaten family business) and firm management (strategic and financial decision making, governance, entering and exiting). Featuring case studies from firms in a variety of industries, Understanding Family Businesses not only offers provocative new insights on family business dynamics, but outlines an agenda for future research.

Research Anthology on Strategies for Maintaining Successful Family Firms

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1668435519
Total Pages : 1146 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Research Anthology on Strategies for Maintaining Successful Family Firms by : Management Association, Information Resources

Download or read book Research Anthology on Strategies for Maintaining Successful Family Firms written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-08-27 with total page 1146 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Corporate Entrepreneurship

Author : Vijay Sathe
Publisher : Cambridge University Press
ISBN 13 : 1139436910
Total Pages : 407 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Corporate Entrepreneurship by : Vijay Sathe

Download or read book Corporate Entrepreneurship written by Vijay Sathe and published by Cambridge University Press. This book was released on 2007-02-15 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do large corporations encourage their senior managers to become more entrepreneurial? This is a key question which is seldom addressed in mainstream entrepreneurship studies. Professor Sathe has written this study based on hundreds of hours of interviews with senior managers to help understand why some organizations and some top managers are better than others in fostering entrepreneurship leading to successful new business growth. Corporate Entrepreneurship explores the real world of top managers in a systematic and comprehensive way, examining business realities, the management culture, the corporate philosophy, the organizational politics, the personalities and the personal agendas of the people at the top. The book offers both a theory of corporate entrepreneurship and practical advice on how to manage it better. An interesting and valuable contribution to the literature on strategic management, this is a book that will appeal to graduate students, researchers and reflective practitioners.

Governing family enterprises and implications for performance - a financial perspective

Author : Oliver Bruemmer
Publisher : GRIN Verlag
ISBN 13 : 3638034275
Total Pages : 56 pages
Book Rating : 4.6/5 (38 download)

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Book Synopsis Governing family enterprises and implications for performance - a financial perspective by : Oliver Bruemmer

Download or read book Governing family enterprises and implications for performance - a financial perspective written by Oliver Bruemmer and published by GRIN Verlag. This book was released on 2008-04-09 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2008 in the subject Business economics - Investment and Finance, grade: 1,9, European Business School - International University Schloß Reichartshausen Oestrich-Winkel, language: English, abstract: Small and medium-sized enterprises (SMEs) represent the engine of Germany’s economy. Despite the fact that business magazines and newspapers appear to favor covering large international companies, public awareness of formerly in the background operating enterprises has risen within the last years. People are increasingly aware of the im-portance of smaller businesses. They notice that not only do smaller companies secure employment and wealth in their specific region of operation, but they also provide the overall economy with more employment than their multinational counterparts. An important group of SMEs are the so-called family enterprises. A significant proportion of family enterprises have become global players themselves and have even ex-celled, in their particular field, to world market leaders. Besides Porsche and Villeroy & Boch, as two typical German examples of formerly small family enterprises which have developed continuously from regional to worldwide-operating businesses, many others could be named to illustrate this stunning development of family-owned businesses. Paralleling the successful development of family businesses, researchers and practitioners alike have drawn their attention to the nature and particularity of family businesses.

Family Firms and Institutional Contexts

Author : Giorgia Maria D'Allura
Publisher : Edward Elgar Publishing
ISBN 13 : 1788970187
Total Pages : 352 pages
Book Rating : 4.7/5 (889 download)

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Book Synopsis Family Firms and Institutional Contexts by : Giorgia Maria D'Allura

Download or read book Family Firms and Institutional Contexts written by Giorgia Maria D'Allura and published by Edward Elgar Publishing. This book was released on with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--

Research Anthology on Strategies for Maintaining Successful Family Firms

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1668435519
Total Pages : 1146 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Research Anthology on Strategies for Maintaining Successful Family Firms by : Management Association, Information Resources

A Review and Annotated Bibliography of Family Business Studies

Author : Pramodita Sharma
Publisher : Springer Science & Business Media
ISBN 13 : 1441987681
Total Pages : 276 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis A Review and Annotated Bibliography of Family Business Studies by : Pramodita Sharma

Download or read book A Review and Annotated Bibliography of Family Business Studies written by Pramodita Sharma and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in the study of family business has increased significantly over the last decade. The research on this subject - and the related subject of entrepreneurship - has developed in parallel within a number of different disciplines, making it the perfect candidate for an annotated bibliography. This book aims to catalog the major empirical, theoretical, and practical articles on family business. Included for each article listed are a summary of key findings, and a list of the methodologies and key conceptual models used. It also features a review of the literature, a discussion of how family businesses have been defined, and agenda for future research into both family business and entrepreneurship studies.

Innovations in Small and Medium-Sized Family Firms

Author : Nils Kraiczy
Publisher : Springer Science & Business Media
ISBN 13 : 3658000635
Total Pages : 185 pages
Book Rating : 4.6/5 (58 download)

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Book Synopsis Innovations in Small and Medium-Sized Family Firms by : Nils Kraiczy

Download or read book Innovations in Small and Medium-Sized Family Firms written by Nils Kraiczy and published by Springer Science & Business Media. This book was released on 2013-01-04 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium-sized firms are a prevalent organizational form in Germany. Their importance for the German economy is indisputable. Most of them are global market leaders in their niches and are considered to be a force for innovation in the German economy. The ability to be innovative in niche markets has been identified as the antecedent of their strong, or even dominant, competitive positions in their industries. The driver of this innovation success may well be the family, which distinguishes family firms from non-family firms. But how can a family influence innovation in a family firm and does this influence have only positive effects? This dissertation focuses on the impact of top management teams on innovations interacting with family firm-specific characteristics.

The SAGE Handbook of Family Business

Author : Leif Melin
Publisher : SAGE
ISBN 13 : 1446265935
Total Pages : 697 pages
Book Rating : 4.4/5 (462 download)

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Book Synopsis The SAGE Handbook of Family Business by : Leif Melin

Download or read book The SAGE Handbook of Family Business written by Leif Melin and published by SAGE. This book was released on 2013-11-15 with total page 697 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SAGE Handbook of Family Business captures the conceptual map and state-of-the-art thinking on family business - an area experiencing rapid global growth in research and education since the last three decades. Edited by the leading figures in family business studies, with contributions and editorial board support from the most prominent scholars in the field, this Handbook reflects on the development and current status of family enterprise research in terms of applied theories, methods, topics investigated, and perspectives on the field′s future. The SAGE Handbook of Family Business is divided into following six sections, allowing for ease of navigation while gaining a multi-dimensional perspective and understanding of the field. Part I: Theoretical perspectives in family business studies Part II: Major issues in family business studies Part III: Entrepreneurial and managerial aspects in family business studies Part IV: Behavioral and organizational aspects in family business studies Part V: Methods in use in family business studies Part VI: The future of the field of family business studies By including critical reflections and presenting possible alternative perspectives and theories, this Handbook contributes to the framing of future research on family enterprises around the world. It is an invaluable resource for current and future scholars interested in understanding the unique dynamics of family enterprises under the rubric of entrepreneurship, strategic management, organization theory, accounting, marketing or other related areas.

The Landscape of Family Business

Author : Ritch L. Sorenson
Publisher : Edward Elgar Publishing
ISBN 13 : 1782547541
Total Pages : 255 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis The Landscape of Family Business by : Ritch L. Sorenson

Download or read book The Landscape of Family Business written by Ritch L. Sorenson and published by Edward Elgar Publishing. This book was released on 2013-09-30 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: •The editors should be commended for developing a Map of the Landscape of Family Business Outcomes. It gives future research direction to the discipline considering both short-term profitability and long-term sustainability. It considers conventional c

Are Performance Differences Between Family and Non-Family Smes Uniform Across All Firm Sizes?

Author : Bernice Kotey
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Are Performance Differences Between Family and Non-Family Smes Uniform Across All Firm Sizes? by : Bernice Kotey

Download or read book Are Performance Differences Between Family and Non-Family Smes Uniform Across All Firm Sizes? written by Bernice Kotey and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purpose -The purpose of this study is to examine the impact of firm size on performance (measured as profits, growth, efficiency and liquidity) differences between family and non-family small- to medium-sized enterprises (SMEs). Design/methodology/approach - The samples of 441 family and 473 non-family firms were divided into four size groups and performance differences analysed for each size group using MANOVA. Findings - The findings indicate that family SMEs perform at least as well as non-family SMEs. Although the two types of firms shared several similar performance characteristics at the small level, certain differences were evident. Performance differences between family and non-family SMEs became prominent at the critical growth phase (20-49 employees), reached an optimum at 50-99 employees and narrowed again thereafter. For family firms, the benefits of higher gross margins and efficient use of assets began to wane after 100 plus employees but the disadvantages of lower employee performance continued. Research limitations/implications - The study could be improved by a longitudinal examination of the same firms across various growth stages. Further, the findings may be industry-specific and not generally applicable. Practical implications - The findings show that greater resources do not necessary lead to better performance and that non-family firms could benefit from more efficient use of resources. The findings also confirm that the benefits of the informal system are not sustainable at larger firm sizes and that larger family firms would benefit from improved management of employee performance. Originality/value - The pattern of performance differences observed between family and non-family SMEs is unique to the paper. The paper shows that differences in performance between the two types of firms noted in the literature do no hold at all firm sizes.

Cases on Small Business Economics and Development During Economic Crises

Author : Stephens, Simon
Publisher : IGI Global
ISBN 13 : 1799876594
Total Pages : 297 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Cases on Small Business Economics and Development During Economic Crises by : Stephens, Simon

Download or read book Cases on Small Business Economics and Development During Economic Crises written by Stephens, Simon and published by IGI Global. This book was released on 2021-06-25 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oftentimes, the owners and entrepreneurs whose small businesses are undergoing financial problems suffer high emotional costs. These individuals can experience significant setbacks in their entrepreneurial journeys as well as depression and other negative emotions from the stress of crisis episodes. However, businesses that are in crisis also provide valuable learning opportunities for adapting and changing in order to successfully face future challenging situations. Cases on Small Business Economics and Development During Economic Crises presents a diverse range of perspectives and insights into global developments in entrepreneurship and captures a diverse collection of methodologies and outcomes from various countries in the realm of small business economics and their development. Including case studies that discuss the COVID-19 pandemic, risk management, and entrepreneurial resiliency, this case book serves as an excellent companion for entrepreneurs, small business owners, managers, executives, economists, business professionals, academicians, students, and researchers.

Handbook of Research on Family Business

Author : Panikkos Poutziouris
Publisher : Edward Elgar Publishing
ISBN 13 : 1781009384
Total Pages : 801 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Handbook of Research on Family Business by : Panikkos Poutziouris

Download or read book Handbook of Research on Family Business written by Panikkos Poutziouris and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is a very business-like book in its approach. It has an impressive global reach in its authorship, focal areas and use of evidence; it hits all the major practical challenges of family firms in a spirit that is fresh and current; and it deals with the cutting-edge themes and issues that are uppermost in the minds of owners, executives, advisors and researchers in the field.' – Nigel Nicholson, London Business School, author, Managing the Human Animal, Family Wars and The 'I' of Leadership Acclaim for the first edition: 'The authors have taken a lot of pain in putting this handbook together. As the name indicates, this is an excellent handbook for researchers.' – Global Business Review 'The Handbook of Research on Family Business has collected and synthesized a broad variety of topics by notable researchers who share a common dedication to family business research. This Handbook provides a comprehensive treatment that advances the frontiers of knowledge in family business, provoking valuable thoughts and discussion. The Handbook will serve as both an authoritative and comprehensive reference work for researchers investigating family enterprises.' – A. Bakr Ibrahim, Concordia University, Montreal, Canada 'Although family business research is a young discipline it is both necessary and important. For the wellbeing and future development of our society the survival of prosperous and passionate family business entrepreneurs is indispensable. In order to help the families in business to better understand how to succeed with their enterprises we need qualified and updated research. This book is the answer!' – Hans-Jacob Bonnier, Bonnier Business Press Group, Sweden and 6th Generation Chairman of the Family Business Network – International 'This Handbook is a unique compilation of the most important and the best recent family business research. The field has grown so rapidly that this effort will be a mark for the research to follow. The Handbook of Research on Family Business will be the reference for scholars in family business for many years to come. It will also stimulate new ideas in research.' – John L. Ward, IMD, Switzerland and Northwestern University, US During the previous decade, the multi-disciplinary field of family business has advanced significantly in terms of advances in theory, development of sophisticated empirical instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. This second edition of the Handbook of Research on Family Business presents important research and conceptual developments across a broad range of topics. The contributors – notable researchers in the field – explore the frontiers of knowledge in family business entrepreneurship and stimulate critical thinking, enriching the repository of theoretical frameworks and methodologies. The Handbook takes a systematic and rigorous approach by providing in-depth insights into the dynamics of family business, its context and the significant role of stakeholders. Ultimately, this scholarly compendium of extant family business papers is an invaluable resource for researchers, educators, family business consultants, family business owner-managers and students.

Exploring family business. Culture and values as a competitive advantage

Author : Iaroslava Blyshchuk
Publisher : GRIN Verlag
ISBN 13 : 3668413908
Total Pages : 155 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Exploring family business. Culture and values as a competitive advantage by : Iaroslava Blyshchuk

Download or read book Exploring family business. Culture and values as a competitive advantage written by Iaroslava Blyshchuk and published by GRIN Verlag. This book was released on 2017-03-10 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2016 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,1, TU Bergakademie Freiberg, language: English, abstract: Family businesses significantly contribute to the economy, employment rate, and development of every country around the globe. However, academic research on family businesses is relatively young and diversified. Therefore, this thesis conducts a report on the literature-based analysis on family business issues with a focus on culture and values in a strategic management perspective. The aim of this paper is to examine family businesses characteristics and to recognize their uniqueness in terms of culture, values, and behaviour. The main themes of the research are the following: in-depth analysis of prior family business research on family business definition issues, key family business features (in the contrast to non-family businesses), family business system characteristics, family business influence, family business organizational culture, and the influence of national culture on family business performance. The research methodology employs qualitative research including selection, discussion, and comparing relevant family business theoretical and empirical studies. The findings are used to extend the insights of the family business research on fundamental management and communication theories, and to provide a concept of family business organizational culture on the micro and macro level of analysis for potential future research in the family business practice.

Family Businesses’ Growth

Author : Laura K.C. Seibold
Publisher : Springer Nature
ISBN 13 : 3658293969
Total Pages : 387 pages
Book Rating : 4.6/5 (582 download)

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Book Synopsis Family Businesses’ Growth by : Laura K.C. Seibold

Download or read book Family Businesses’ Growth written by Laura K.C. Seibold and published by Springer Nature. This book was released on 2020-03-10 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth is one of the central strategic topics in management science. A growing enterprise embodies success and growth supports the longevity of the business. In her book Laura Seibold provides an overview of the literature on general growth components and different theoretical growth models with a special focus on family enterprises. The author formulates a comprehensive model of how growth can be achieved in family firms. This derived model combines the insights from general growth theory, family specific literature and the insights of top family firm leaders.

Family Businesses in Sub-Saharan Africa

Author : Moses Acquaah
Publisher : Springer
ISBN 13 : 1137361433
Total Pages : 279 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis Family Businesses in Sub-Saharan Africa by : Moses Acquaah

Download or read book Family Businesses in Sub-Saharan Africa written by Moses Acquaah and published by Springer. This book was released on 2016-06-29 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first of its kind to highlight the importance of family businesses to economic growth in sub-Saharan Africa. It examines the managerial, behavioral, and strategic issues facing these companies and offers conclusive statements about their performance and influence on the region. Family businesses have been found to outperform non-family businesses in advanced industrialized economies, yet no such information exists on the importance of these companies which dominate the economic landscape of sub-Saharan Africa. Through empirical evidence and cross-country data, a team of expert contributors explore matters related to the management of family-owned businesses, such as how they evaluate employee productivity and performance, manage human resources, view governance practices and the role of women, and other sensitive issues. This is a seminal text for students and researchers in family business, entrepreneurship, strategic management, and family business owners looking to improve and advance their companies for the greater good of sub-Saharan Africa and the rest of the continent.