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Relevant bibliographies by topics / Challenges of family businesses

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Academic literature on the topic 'Challenges of family businesses'

Author: Grafiati

Published: 4 June 2021

Last updated: 19 February 2022

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Journal articles on the topic "Challenges of family businesses"

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Steier, Lloyd P., James J. Chrisman, and Jess H. Chua. "Governance Challenges in Family Businesses and Business Families." Entrepreneurship Theory and Practice 39, no. 6 (July 30, 2015): 1265–80. http://dx.doi.org/10.1111/etap.12180.

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Salganicoff, Matilde. "Women in Family Businesses: Challenges and Opportunities." Family Business Review 3, no. 2 (June 1990): 125–37. http://dx.doi.org/10.1111/j.1741-6248.1990.00125.x.

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Women have particular qualities that can be vital to the survival and success of a family business. Those who work in and for family businesses need to be aware, however, of the dilemmas and conflicts that affect women. The author advocates the opening of more opportunities for women in family business for the benefit of both the woman and the business.

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Chahal, Himani, and Anil K. Sharma. "Family Business in India: Performance, Challenges and Improvement Measures." Journal of New Business Ventures 1, no. 1-2 (June 2020): 9–30. http://dx.doi.org/10.1177/2632962x20960824.

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Existing literature on family businesses brings out their significance globally. The prevalence of family businesses is a phenomenon that is universal and found in most countries worldwide, although their relative impact on economies does vary. This article reviews papers in the accounting and finance literature on family businesses around the world and shows that the involvement of family members in the business may have a positive, negative or no impact on its financial performance. In the Indian context, the literature review indicates that India’s rich and ancient history seems to be interrelated with the family-run businesses as the principal means of business organization. The paper gives a glimpse of the status of family businesses in India since independence and the distinct characteristics of Indian family businesses. In the next section, we try to find out how family firms are performing in India in comparison to non-family firms by studying companies listed in the National Stock Exchange of India Ltd. (NSE) 500 Index for a period of 5 years ranging from 2014 to 2018. The results show that family businesses are not performing significantly better than non-family firms in the Indian business scenario. We try to highlight the reasons for the same by underlining the issues faced by family businesses and suggest measures to overcome these issues. The study concludes with a discussion on the lessons that new family business ventures can take from family business groups in India that have made a mark in the Indian and the world business scenario because of their ability to face and successfully overcome challenges faced by family firms.

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Mandic, Ana, and Vlatka Mandic. "Analysis of key challenges of family businesses." International journal of contemporary business and entrepreneurship 1, no. 2 (December 31, 2020): 67–83. http://dx.doi.org/10.47954/ijcbe.1.2.5.

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Family business represents the most common form of the company ownership and makes around 70% to 90% of all firms around the globe depending on the definition one uses. It is estimated that worldwide, family firms account for about 40% to 70% of employment and GDP. The aim of this paper is to provide overview of main characteristics of family business in general and to analyze key challenges family businesses generally are facing today. Additional aim of the paper is to provide overview of research on family business in Croatia and to analyze characteristic and challenges of family businesses in Croatia. Paper provides brief overview of key trends which can have negative implications on companies, their owners, as well as for a wide network of stakeholders such as family members, customers, suppliers, employees, banks, local government and the national economy in general. Some of the challenges discussed in the paper could be relevant to all types of firms. However, with reference to family business these challenges may be more salient than in nonfamily firms or they may need to be addressed differently.

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Hastenteufel, Jessica, and Mareike Staub. "Current and future challenges of family businesses." Managerial Economics 20, no. 2 (May 10, 2020): 119. http://dx.doi.org/10.7494/manage.2019.20.2.119.

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Family businesses are an important part of every economy. They are characterized by long traditions that combine aspects such as trust and reliability, as well as by features such as innovativeness, foresight, long-term focus and flexibility. Both family businesses and the entrepreneurial families themselves do have some weaknesses and face current challenges like digitization, internationalization and demographic change. These issues must be kept in mind in order to constantly develop appropriate solutions that will help them survive and thrive in the market. Moreover, the high relevance of the family in a family business is associated with opportunities – for example, when a family strategy with clear values, roles and goals is defined, and a so called family business governance is developed.

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Sułkowski, Łukasz, Andrzej Woźniak, and Joanna Sułkowska. "Medical Family Businesses in Poland – Model and Managerial Challenges." Management 22, no. 1 (June 1, 2018): 163–75. http://dx.doi.org/10.2478/manment-2018-0012.

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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.

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Rajan, Soumya, Priya Ganesh, and Nandini Mehra. "Human Capital: The Key to the Longevity of a Family Business." NHRD Network Journal 13, no. 1 (January 2020): 12–24. http://dx.doi.org/10.1177/2631454119894761.

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Globally, family-owned businesses are the oldest and most predominant form of an enterprise, forming an integral part of the organised and unorganised sectors of free economies. Over the years, with the greater longevity of family businesses in India, there has been a dynamic and strategic shift in Indian families from being ‘family businesses’ to ‘business families’. This shift has come with its own set of challenges, most critical among them being the challenges related to ‘human capital’ for these businesses. The need to balance familial relationships with the pragmatism of business is a unique interplay which creates multiple complexities and inter-related issues for all family members alike. With close to 75 per cent of the Indian workforce employed by family-owned businesses, it is important to dive deeper into the human resources (HRs) function in Indian Family businesses. Our endeavour is to understand the challenges of HRs in a family business and how this differs from larger corporations or non-family businesses.

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Ramadani, Veland, Léo-Paul Dana, Nora Sadiku-Dushi, Vanessa Ratten, and Dianne H. B. Welsh. "Decision-Making Challenges of Women Entrepreneurship in Family Business Succession Process." Journal of Enterprising Culture 25, no. 04 (December 2017): 411–39. http://dx.doi.org/10.1142/s0218495817500157.

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The decision-making process concerning succession issues for family businesses is crucial as it affects long term performance and sustainability. However, while succession issues in family business has been extensively studied, the decision-making process for women-owned family businesses is sparse, particularly in transition economies. This is despite the growth of women-owned businesses worldwide. This study explores the succession decision-making process in women-owned small family businesses in Kosovo using a qualitative approach. The findings suggest that group decision making is important in family businesses and plays a role in determining how gender influences succession planning. Managerial and policy implications are discussed.

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Winter, Mary, Margaret A. Fitzgerald, Ramona K. Z. Heck, George W. Haynes, and Sharon M. Danes. "Revisiting the Study of Family Businesses: Methodological Challenges, Dilemmas, and Alternative Approaches." Family Business Review 11, no. 3 (September 1998): 239–52. http://dx.doi.org/10.1111/j.1741-6248.1998.00239.x.

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Family businesses are vital but understudied economic and social units. Previous family business research is limited relative to its definitions, sampling, and resulting empirical evidence. This paper presents an alternative methodological approach to the study of family businesses with the potential for allowing multiperspective and detailed analyses of the nature and internal dynamics of both the family and the business and the interaction between the two.

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Aronoff, Craig. "Self-Perpetuation Family Organization Built on Values: Necessary Condition for Long-Term Family Business Survival." Family Business Review 17, no. 1 (March 2004): 55–59. http://dx.doi.org/10.1111/j.1741-6248.2004.00003.x.

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Family businesses have long been conceptualized in terms of overlapping and interacting management, ownership, governance, and family systems. As family businesses evolve and develop across generations, observing progress in each of the requisite systems presents a variety of challenges. This article demonstrates the importance of family organization to the systems of management, ownership, governance, and family as a family business evolves over time.

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Dissertations / Theses on the topic "Challenges of family businesses"

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Swart, Pieter Jakobus. "Unique challenges facing family businesses / Pieter Jakobus Swart." Thesis, North-West University, 2005. http://hdl.handle.net/10394/2490.

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Rahman, Md Sayedur, and Kaleem Ullah. "The Roles of Women in Family Businesses: Challenges and Opportunities : A research study on Bangladesh and Pakistan." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-19034.

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Introduction: The Roles of women in family businesses and the challenges and opportuni- ties they face in relations to these roles in the family businesses will be explored in this re- search. Although women are accepted very important players, yet the roles of women are not frequently well-defined. The thesis will explore roles of women who play an important role in family firms and challenges and opportunities they have within the Family Business- es in Pakistan and Bangladesh. Purpose: The purpose of this research is to explore what roles women in family business in Bangladesh and Pakistan have, and challenges and the opportunities they face in relation to these roles. Method: A qualitative approach was used to accomplish the purpose of this thesis. E-mail interview questionnaires from the participants were filled to gather information regarding the roles they play in the family business and the challenges and opportunities they have in the family business. Conclusion: Gender and the succession issue have a central role to play in the women par- ticipation in the family business. These factors along with invisibility issue are viewed as main challenges faced by women in the family businesses. Some of the results lead us to conclude that women situation in both countries is not so bad rather they have good posi- tions in the family businesses. So it was not in conformity with the literature written on women invisibility.

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Sandlin, Jessica. "Family Business Adaptation to Disruptive Technology : Case Studies on Family Businesses in Handling the Challenges of Disruptive Technology and Maintaining Competitive Advantage within a Swedish Market." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-35694.

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Disruptive technologies continue to pose challenges for industries worldwide, and firms are constantly learning how to adapt in order to remain competitive. Family businesses are not immune to these “shocks” in their industry, and they too need to harness the potential advantages of novel technology just as much as corporations do. While there is extensive research on the methods and strategies employed by multinational corporations, the study of how a family business could or should adapt is virtually unexplored. There is a need to understand the intricate decision making process of business leadership in dealing with disruptive technology, particularly in regards to maintaining or gaining a competitive advantage. This study conducted in-depth qualitative interviews with three Swedish family businesses, all who were successful in adopting disruptive technologies to their benefit. Although each of the businesses took different paths for technology adaptation and to maintain their competitive advantage there was a consistent thread in the leadership strategy. The results revealed that strong family leadership, in the form of stewardship, was essential to maintaining their competitive advantage while dealing with the challenges of disruptive technology. Stewardship places emphasis on family core values, the drive to improve the performance of the business for the benefit for family and the employees, and a commitment to long-term goals. Stewardship proved to be the determining factors for these families in their successful disruptive technology adaption.

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Geng, Jia. "What are the corporate governance challenges for family businesses? : a comparison of the United Kingdom and China." Thesis, Lancaster University, 2018. http://eprints.lancs.ac.uk/89789/.

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The family business is ubiquitous. Its prevalence in the various forms of capitalisms that exist is a clear indication of its importance. Even throughout China’s history and now within its version of a modern socialist market, the family business has proven to be a foundation of societies. In the United Kingdom (UK), family businesses have been successful and had steady growth thanks to a conducive macro-environment that consisted of a democratic political system, an advanced legal system and a Western socialcultural context. In contrast, China has a socialist and centralised political system. It has an inadequate legal framework for its private-sector and is set in a social-cultural context that has strong Confucian underpinnings. Such a macro-environment presented family businesses with immense challenges. Many of the challenges faced by family businesses in advanced Western countries have been addressed through a now healthy and functioning corporate governance framework. Such frameworks are well studied and established in countries such as the UK. China on the other hand, only began its corporate governance reform in the 1990s, mainly focusing on SOEs, and borrowing corporate governance literature from other developed countries. This thesis undertakes a comparative study of corporate governance challenges faced by family business within the macro-environments of China and the UK. A number of challenges faced by family businesses in China are analysed and shown to be intricately related, and so a holistic approach is recommended to find further solutions. By adapting and transplanting Western corporate governance mechanisms, it is possible that challenges can be overcome at an organisational level, despite the macroeconomic differences. Changes to the political and legal systems at a central government level are also proposed to improve the situation for family businesses over the long run.

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Ozdemir, Ozlem. "An examination of daughter succession in Turkish family owned businesses : gendered norms, cultural influence and leadership challenges." Thesis, University of Chester, 2017. http://hdl.handle.net/10034/620503.

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Succession planning and successor selection is a key theme in the FOB (Family Owned Business) literature. To enable the business to continue, FOB owner needs to decide who will be the next leader before resigning. Although the succession process is one of the most researched areas within the family business field, studies have mostly focused only on incumbent or successor viewpoints. However, the purpose of this study is to fill the gap and offers a different perspective on daughters’ succession by analysing owner, successor, and employee points of view. This dissertation aims to identify cultural patterns, and how factors based on different cultural patterns influence the daughter succession process in Turkish family businesses. Additionally, aim to reach novel insights regarding women entrepreneurs in Turkish FOBs, particularly how they gain business leadership positions, and the explicit and implicit factors determining the succession process. The research is grounded in the multidimensional model of succession process in family business theory, which has been expanded to include interactive and collaborative action, by addressing the family business cultural effects associated with stewardship theory. The adoption for this study of an epistemological interpretivist philosophy within a social constructivist perspective is justified. Data was collected from in-depth, semi-structured interviews with 20 FOB owners and daughters, and surveys of 252 FOB employees to obtain information on their perspectives about selecting daughters as FOB successors.

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Fritsch, Theresa. "Challenges of a female successor of a family business." Thesis, Linnéuniversitetet, Institutionen för organisation och entreprenörskap (OE), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-64544.

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Family businesses are the backbone of the German economy and, indeed, of almost all economies in the world. Every year business owners face many challenges, one of which is the succession process. Unfortunately, daughters are often considered or perceived as less suitable or viable choice for the position of a successor, compared to sons. The aim of the master thesis is to identify potential challenges a female successor faces when taking over a family business and whether various strategic and/or structural requirements need to be considered by the daughter within the succession process. Empirical data has been gathered within the methodological framework of the grounded theory. Semi-guided expert interviews have been conducted to gain empirical insights. The results indicate that the challenges each individual successor will experience as most crucial or difficult will always depend on her personal character, on the senior family mem bers’ behaviour during the succession process, and on the company ’s hand-over capability at the outset of the process. Moreover, the strategic and/or structural requirements the successor faces are not as much influenced by gender, as by the up- or out-dated circumstances of the existing strategies and structures of the family business, which will ultimately determine the requirements the daughter has to fulfil. In conclusion, the succession process is very complex and burdened with emotions from the family members. Having a clear road map for the succession that leaves room for improvement in case of unpredictable factors in advance can be essential for the success of the succession. Hiring an external expert as support can be beneficial as well. Additionally, the daughter aspiring to lead her fami ly’s company must be 100 % sure that her life’s vision is compatible with the vision of the family business.

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Phikiso, Ziyanda, and Robertson K. Tengeh. "Key drivers and challenges of succession planning and implementation in family-owned businesses at a selected township in Cape Town, South Africa." Thesis, Cape Peninsula University of Technology, 2017. http://hdl.handle.net/20.500.11838/2591.

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Thesis (MTech (Business Administration (Entrepreneurship))--Cape Peninsula University of Technology, 2017.
Family-owned businesses have long played a significant role in the economies of the developed countries and are rapidly becoming an equally dominant force in those of developing countries. Family businesses are also recognised as a potential driver of economic growth and the creation of wealth throughout the world. The significant contribution which family businesses have been making to the South African economy over the last 300 years is made evident by the fact that approximately 80% of businesses in South Africa could be classified as family businesses and the equally compelling fact that they comprised of the order of 60% of the companies which were listed on the (JSE) Johannesburg Stock Exchange during its infancy. The main objective of the study was to determine the drivers of planning for succession in family-owned businesses in the township of Gugulethu in Cape Town in South Africa. The study also undertook to investigate the challenges which family-owned businesses encounter as they endeavour to transfer ownership and control from one generation to the next. The fact that although family-owned businesses contribute significantly to the economy, very often they do not survive a generational transition provides ample justification for undertaking to determine the factors which contribute to successful successions. This research study took the form of a real-time, longitudinal study in which the researcher could experience how the succession process unfolds in the family-owned businesses of the respondents and participants who made up the research sample. The study made use of a mixed methods approach to collect and analyse the data. In the quantitative study, questionnaires were administered to 120 owners and managers of family-owned businesses, while the qualitative data were obtained from in-depth interviews with owners and managers. The quantitative data were analysed using the Statistical Package for the Social Sciences (SPSS) software, while the data which were obtained from the face-to-face interviews were analysed by means of thematic analysis.

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Estrada-Robles, Mariana. "More than a family business : examining support dynamics in entrepreneurial families navigating institutional challenges." Thesis, University of Sheffield, 2017. http://etheses.whiterose.ac.uk/19930/.

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The thesis presents an in-depth examination of entrepreneurial families, focusing on how members of the family support each other by examining familiness in addition to how the institutional context affects family entrepreneurial activity. The research was conducted in Mexico, a challenging institutional environment, where family businesses are the lifeblood of the economy. Entrepreneurial families, defined as families where more than one member is an owner/entrepreneur, represent a setting that is under-researched. The study is particularly concerned with how family members interact, and how these interactions support their individual and collective entrepreneurial activities. Drawing on multiple qualitative case studies of entrepreneurial families in Mexico, the research explores intra and extra family dynamics. The study argues that the entrepreneurial family represents a particularly important organisational form in supporting family members to pursue entrepreneurial activity. The findings demonstrate how members of entrepreneurial families provide each other with resources and capabilities in a way that enable and empower their entrepreneurial activities. This is found to be particularly important in Mexico, which is characterised by a weak formal institutional environment, and therefore the importance of informal institutions is critical given the challenging business environment. In contrast to much existing family business research which focuses on the firm-level and considers a structural view of the family; this study adopts a transactional and socially constructed view of the family beyond biological and legal ties. Through this focus of entrepreneurial families, this thesis develops an empirical typology as the basis for further analysing how members of entrepreneurial families support each other. The analysis advances the construct of familiness to unpack and understand the heterogeneity of entrepreneurial families and the ways in which they provide dynamic and ambidextrous support to firms. By understanding how and why family members leverage these resources and capabilities in pursuing their individual and collective entrepreneurial activities generates new insights about entrepreneurial families and their relationship with the wider institutional environment. Through a conceptual framework of support dynamics, the findings show how members provide each other with advantages which are not replicated in more traditional family firms or for individual entrepreneurs; it also demonstrates how familiness resources and capabilities can be used by non-family firms when they belong to an entrepreneurial family.

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ANTONACCIO, CARLA FRANCISCA BOTTINO. "FAMILY BUSINESSES: A SYSTEMIC COMPREHENTION." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2007. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=9868@1.

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PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO
As empresas familiares são a forma predominante de organização empresarial em todo o mundo e seu campo de estudos teórico- práticos surgiu, sobretudo, na década de 1980, em torno de questões relacionadas com a sucessão e a profissionalização. Partindo de uma abordagem sistêmica, a empresa familiar pode ser considerada como um sistema formado por três subsistemas - a família, a administração e a propriedade da empresa. O objetivo deste trabalho é investigar o funcionamento das empresas familiares, tendo em vista a influência recíproca destes subsistemas e seus impactos sobre as fronteiras que os delimitam e os distinguem. Realizou-se uma revisão bibliográfica sobre as abordagens sistêmicas da família e das empresas familiares. Um estudo exploratório foi realizado, junto a três grupos de sujeitos envolvidos com tais empresas: profissionais que prestam serviços às empresas, funcionários que não fazem parte da família, e herdeiros que trabalham, ou não, nas empresas de suas respectivas famílias. A análise do discurso dos sujeitos e a articulação da percepção dos diferentes grupos, sobre este tipo de empresa, possibilitaram uma visão mais abrangente e menos fragmentada das questões que envolvem as empresas familiares. Dessa forma este estudo contribui para um melhor entendimento dessas organizações e para a própria resolução das questões que afetam a saúde e a continuidade das empresas familiares.
Family businesses are the most common type of business worldwide. As a field of research, family businesses emerged during the 1980s around the issues concerning formalization and succession. From a systemic approach, family businesses can be defined as a system comprising three sub- systems - the family, the administration and the property. This study investigates the operation of family businesses considering that the sub-systems comprising such businesses exert reciprocal influence and impact upon the borders that define and distinguish each sub-system. A bibliographic review was conduced of studies applying the systemic approach to families and to family businesses. This review was then combined to an exploratory research of three groups of people directly involved with family businesses: professionals that provide services to family businesses, employees that do not belong to the families, and heirs that may or may not work for the businesses owned by their families. The discourse of these individuals was analyzed, and their different perceptions of family businesses were combined to provide a more comprehensive, less fragmented view of this type of business and its related issues. This study contributes to the understanding of family businesses and facilitating the resolution of the main issues that affect both the businesses and the families.

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Willers, Magnus. "Family Businesses and their Industries An Investigation of listed Family Businesses in Switzerland and Germany /." St. Gallen, 2008. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/02603744002/$FILE/02603744002.pdf.

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Books on the topic "Challenges of family businesses"

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Kobusingye, Prisca. African dual career couples: Problems and challenges of the modern business environment. Kampala, Uganda: African Research and Documentation Centre, Uganda Martyrs University, 2001.

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Women at the top: Challenges, choices and change. New York: Palgrave Macmillan, 2011.

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Ramadani, Veland, Esra Memili, Ramo Palalić, and Erick P. C. Chang. Entrepreneurial Family Businesses. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-47778-3.

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CARSRUD, ALAN, and Malin Brännback, eds. Understanding Family Businesses. New York, NY: Springer New York, 2012. http://dx.doi.org/10.1007/978-1-4614-0911-3.

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Seibold, Laura K. C. Family Businesses’ Growth. Wiesbaden: Springer Fachmedien Wiesbaden, 2020. http://dx.doi.org/10.1007/978-3-658-29396-3.

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Fahed-Sreih, Josiane. Conflict in Family Businesses. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-62852-3.

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James, Jennings. Black businesses in Massachusetts: Status and challenges. Boston, Mass: William Monroe Trotter Institute, University of Massachusetts at Boston, 1994.

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Gordon, Philip J., Stephen B. Reed, Shannon M. Lynch, and Charles P. Wagner. Handling workplace challenges at small businesses & startups. [Boston, MA]: MCLE, 2011.

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Casillas, Jose C. International entrepreneurship in family businesses. Cheltenham, UK: Edward Elgar, 2007.

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Innovation in small family businesses. Cheltenham: Edward Elgar, 2012.

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Book chapters on the topic "Challenges of family businesses"

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Schwass, Joachim. "Understanding the Family Business Leadership Challenges." In Wise Growth Strategies in Leading Family Businesses, 42–59. London: Palgrave Macmillan UK, 2005. http://dx.doi.org/10.1057/9780230513358_4.

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Aronoff, Craig E., Stephen L. McClure, and John L. Ward. "Dealing with Challenges." In Family Business Compensation, 77–90. New York: Palgrave Macmillan US, 2011. http://dx.doi.org/10.1057/9780230116009_5.

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Spraggon, Martin, Virginia Bodolica, Mona Manoussifar, and Anam Shahid. "Addressing Family Business Challenges." In Managing Organizations in the United Arab Emirates, 111–64. New York: Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137409201_4.

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Ramadani, Veland, Angelka Ilioska, Gadaf Rexhepi, and Hyrije Abazi-Alili. "Family business management challenges." In Gender and Family Entrepreneurship, 183–206. First Edition. | New York : Routledge, 2017. | Series: Routledge frontiers of business management ; 13: Routledge, 2017. http://dx.doi.org/10.4324/9781315391427-11.

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Patel, Vijay K., Torsten M. Pieper, and Joseph F. Hair. "Opportunities and Challenges for Family Businesses Pursuing Global Markets." In Thriving in a New World Economy, 24–29. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-24148-7_10.

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LeCouvie, Kelly, and Jennifer Pendergast. "The Opportunities and Challenges of Continuity." In Family Business Succession, 1–12. New York: Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137280923_1.

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Cirpan, Huseyin, and Nihat Alayoglu. "Challenges of Turkish Family Businesses Related to Effective Management Strategies." In Turkish Economy, 385–409. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-70380-0_17.

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Letonja, Marina, and Mojca Duh. "Successors’ Innovativeness as a Crucial Succession Challenge of Family Businesses in Transition Economies: The Case of Slovenia." In Family Businesses in Transition Economies, 157–74. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-14209-8_8.

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de Pontet, Stephanie Brun, Craig E. Aronoff, Drew S. Mendoza, and John L. Ward. "Challenges and Opportunities Facing the Siblings." In Siblings and the Family Business, 19–27. New York: Palgrave Macmillan US, 2012. http://dx.doi.org/10.1007/978-1-137-51188-1_4.

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Maier, Christoph. "Family Company Direction Case." In Management for Professionals, 25–29. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-48606-8_6.

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AbstractTwo brothers founded the sport retail shop “Outdoor Champions.” The company strived on their exquisite personal expertise and hands-on business skills. After reaching retirement age, they faced a company direction and succession challenge typical of family businesses. They resolved it in a simple, authentic and unconventional way.

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Conference papers on the topic "Challenges of family businesses"

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Stefanovska, Lidija, and Taip Jakupi. "CHALLENGES AND PROBLEMS THAT FAMILY BUSINESSES FACE." In Sixth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2020. http://dx.doi.org/10.31410/limen.2020.201.

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It is a fact that the family business is becoming increasingly interesting for researchers in the field of management. From here the initial basis for their special treatment is drawn, since their holistic treatment with other MSMEs still does not emphasize their uniqueness in many aspects. If the importance of these family businesses is supported by the fact that they participate with 70% in the GDP of Europe as well as the fact that they employ up to 60% of the labor force in Europe, then it is more than clear that the scientific community should pay much more attention to these businesses. The paper aims to cover the biggest challenges and problems faced by family businesses, especially in terms of their management, inheritance, organizational communication and vision for their development, as segments where the biggest problems are observed.

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Repisky, Máté, Éva Málovics, and Gergely Farkas. "Successes and failures in Hungarian family businesses." In The Challenges of Analyzing Social and Economic Processes in the 21st Century. Szeged: Szegedi Tudományegyetem Gazdaságtudományi Kar, 2020. http://dx.doi.org/10.14232/casep21c.11.

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Family business researchers widely investigated the loss or the threatened loss of socioemotional wealth. Another growing theme within entrepreneurship is the consequences of business failures affecting entrepreneurs. However, these two fields rarely overlapped. The aim of this study was to explore different challenging events’ effects on the family entrepreneurs and to identify the factors that can determine the successfulness of the coping strategies. In this study, we present three case studies about family enterprises, which went through a challenging period and balanced between failure and success. In two cases the main challenges rooted in familiness of the enterprises and in the third case the challenge came from external regulatory change. The two inner challenges were generated by the retirement of the founder and the divorce between the two owners. We could observe both successful and partially successful coping strategies, but the common point was that all of them were strongly rooted in the socio-emotional wealth of family businesses.

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Kárpáti, Zoltán. "Professionalization of Family Firms: Striking a Balance Between Personal and Non-Personal Factors." In New Horizons in Business and Management Studies. Conference Proceedings. Corvinus University of Budapest, 2021. http://dx.doi.org/10.14267/978-963-503-867-1_12.

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The amount of research on family businesses’ analysis has increased significantly in recent years, thus showing the high importance of the topic. In most countries, family businesses occupy a prominent place in contributing to the economy with the added value they produce. However, less attention has been paid to the professionalization of family businesses and the exploration and presentation of the related literature. The professionalization of family business is a significant research concern in the entrepreneurship and governance literature. In the context of family businesses, professionalization initially meant nothing more than hiring an outside, non-family manager. For today, the content of professionalization has expanded, and a multidimensional model has evolved: a broader, deeper understanding has evolved, which involves other vital aspects such as developing formal control and human resource systems, decentralization of authority, formal strategic planning, or top-level activeness. This study aims to present the essential international literature on professionalization and provide a comprehensive overview of the studies published. The literature review mainly summarizes the results of the last twenty years and closely related articles. The paper follows the next logic; in the first part, the definition of professionalization is introduced along with its benefits and challenges. Then, based on the research methodology presented, the related empirical and theoretical studies are examined. In the end, the review summarizes the key findings in a table.

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Ashmarina, S. I. "Managing A Family Business In Modern Conditions." In Global Challenges and Prospects of The Modern Economic Development. European Publisher, 2021. http://dx.doi.org/10.15405/epsbs.2021.04.02.221.

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Abolina, Liga. "Development of Family Support Policy in Latvia." In New Challenges of Economic and Business Development–2016. University of Latvia, 2016. http://dx.doi.org/10.22364/ncebd.ab.2016.01.

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Hundal, Shab, and Tatyana Kauppinen. "Internationalization of family firms-challenges and opportunities in Russia." In Corporate governance: A search for emerging trends in the pandemic times. Virtus Interpress, 2021. http://dx.doi.org/10.22495/cgsetpt22.

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The family firms (FFs) play an instrumental role in the economic spectrum of the Russian economy with respect to their contribution to income, output, and employment, ceteris paribus. The FFs not only contribute the domestic business activities but also make a significant contribution to international business. Ever since the launch of the mass privatization program (MPP) in Russia during 1992–1994 numerous disruptions on the business and economic landscape of Russia have emerged, and as a result, the FFs in Russia have been experiencing several new opportunities and challenges in the international market. However, it is noticeable that corporate regulatory, and corporate governance systems do not even clearly define the FFs. The current study explores the following research objectives: first, the motivation of internationalization of family enterprises in Russia, second, their process of internationalization, and third, the problems and challenges faced by the family enterprises

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Qingjun, Meng, Wu Jianping, and Li Mang. "Opportunities and Challenges and Their Countermeasures of Family Enterprises Employing Professional Managers." In 2010 International Conference on E-Business and E-Government (ICEE). IEEE, 2010. http://dx.doi.org/10.1109/icee.2010.1065.

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Roach, Gregory M., Jordan J. Cox, and Jared M. Young. "A New Strategy for Automating the Generation of Product Family Members and Artifacts Applied to an Aerospace Application." In ASME 2003 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2003. http://dx.doi.org/10.1115/detc2003/cie-48185.

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A major challenge in industry today is to reduce the cost and cycle time in product development while maintaining enough flexibility to adapt to changing markets. Businesses are requiring more and more flexibility in order to produce custom goods at low cost. A new strategy called the Product Design Generator is presented to provide flexible product platforms through an automated design process where product variation is built into the product development process and is achieved through scalable and in some instances modular parametric models for a given product platform embodiment. A case study of web-based Product Design Generator is presented. The axial turbine disk Product Design Generator demonstrated cycle time reduction from 500 man hours to 15 minutes. This new product development strategy has demonstrated the potential to provide engineers the ability to study more potential design solutions, reduce the number of opportunities to introduce error in the product development process, and allows companies to apply a consistent design process across the organization.

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Mižičková, Jarmila, and Michal Levický. "SUCCESSION IN FAMILY BUSINESSES IN SLOVAKIA." In 15th International Bata Conference for Ph.D. Students and Young Researchers. Tomas Bata University in Zlín, 2019. http://dx.doi.org/10.7441/dokbat.2019.074.

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S., Vasudevan, and Ramana Kumar K.P.V. "Family Managed Businesses – Issues of Governance." In International Conference on Computer Applications — Management. Singapore: Research Publishing Services, 2010. http://dx.doi.org/10.3850/978-981-08-7303-5_1564.

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Reports on the topic "Challenges of family businesses"

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Skufca, Laura. Family Caregiver Retail Preferences and Challenges. AARP Research, September 2019. http://dx.doi.org/10.26419/res.00336.001.

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Kim, Hyejeong, Sang-Eun Byun, Siyuan Han, and Carol Centrallo. Exploring small businesses' perceived importance, benefits and challenges of B2B networking. Ames: Iowa State University, Digital Repository, November 2015. http://dx.doi.org/10.31274/itaa_proceedings-180814-47.

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Rob, Ubaidur, Md Talukder, and A. K. M. Zafar Khan. Urban family planning program of Bangladesh: Issues and challenges. Population Council, 2010. http://dx.doi.org/10.31899/rh12.1006.

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Rob, Ubaidur, Md Talukder, and A. K. M. Zafar Khan. Future of family planning program in Bangladesh: Issues and challenges. Population Council, 2010. http://dx.doi.org/10.31899/rh12.1005.

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Kamran, Iram, Zeba Tasneem, Tahira Parveen, and Rehan Niazi. Family planning through the lens of men: Readiness, preferences, and challenges. Population Council, 2015. http://dx.doi.org/10.31899/rh9.1050.

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Bray, Jeremy, Erin Kelly, Leslie Hammer, David Almeida, James Dearing, Rosalind King, and Orfeu Buxton. An Integrative, Multilevel, and Transdisciplinary Research Approach to Challenges of Work, Family, and Health. Research Triangle Park, NC: RTI Press, March 2013. http://dx.doi.org/10.3768/rtipress.2013.mr.0024.1303.

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Moore, Kristen, and Judith Helzner. What's Sex Got to Do with It? Challenges for Incorporating Sexuality into Family Planning Programs. Population Council, 1996. http://dx.doi.org/10.31899/rh5.1032.

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Abdel-Tawab, Nahla, Doaa Oraby, and Benjamin Bellows. The private sector as a provider of family planning services in Egypt: Challenges and opportunities. Population Council, 2016. http://dx.doi.org/10.31899/rh8.1062.

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Abdel-Tawab, Nahla, Doaa Oraby, and Benjamin Bellows. The private sector as a provider of family planning services in Egypt: Challenges and opportunities [Arabic]. Population Council, 2016. http://dx.doi.org/10.31899/rh8.1063.

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Khanna, Madhu. Growing Green Business Investments in Asia and the Pacific: Trends and Opportunities. Asian Development Bank, December 2020. http://dx.doi.org/10.22617/wps200357-2.

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This paper discusses the opportunities and challenges for green businesses in Asia and the Pacific. It also identifies the market motivations, regulatory and nonregulatory mechanisms, and implications for companies.

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