Dissertations / Theses: 'Challenges of family businesses'

1

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

Full text

APA, Harvard, Vancouver, ISO, and other styles

2

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.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

3

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.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

4

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/.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

5

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.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

6

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.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

7

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.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

8

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/.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

9

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.

Full text

Abstract:

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.

APA, Harvard, Vancouver, ISO, and other styles

10

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.

Full text

APA, Harvard, Vancouver, ISO, and other styles

11

Grytsaieva, Tetiana, and Johan Strandberg. "Communication in family businesses : Relationships between family and non-family managers." Thesis, Högskolan i Jönköping, Internationella Handelshögskolan, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-31118.

Full text

Abstract:

Problem: Family firms often comprise of a complex web of relationships between family and non-family managers that are active within the business. Family enterprises are also known for their closed communication and decision-making practices. It often occurs that families do not include non-family managers into important business-related discussions and do not consult their decisions with managers from outside of the family. At the same time, research in the area of family business defines that the relationships between family and non-family managers are highly linked to the success of a business. With these considerations in mind, this study investigates how family and non-family managers communicate in family businesses. Purpose: The purpose of the thesis is to create an understanding of the phenomenon of communication and information-sharing between family and non-family managers in small and medium-sized family firms in Sweden. In particular, we are investigating the distinctive characteristics of communication, the barriers to effective communication, and what business-related information that is not shared between family and non-family managers. Method: This study is conducted qualitatively, utilising multiple case studies. For the collection of empirical data, we conducted twelve semi-structured interviews with both family and non-family managers in three small and medium-sized family companies located in Sweden. Findings: Our findings show that there are multiple distinctive characteristics of communication in family firms. Additionally, we uncovered several groups of barriers that hinder effective communication between family and non-family managers in family companies. Additionally, we found out that there is numerous business-related information that is not shared between family and non-family managers. Contributions: Our findings contribute to the managerial and theoretical understanding of communication and information-sharing between family and non-family managers in family businesses. This thesis is of interest to any individual working in or with family companies, as well as, academics, who investigate the field of family business.

APA, Harvard, Vancouver, ISO, and other styles

12

Siemens, Lynne Marie. "Rural businesses on Vancouver Island : challenges and opportunities." Thesis, University of Hertfordshire, 2008. http://hdl.handle.net/2299/1840.

Full text

Abstract:

Many rural areas are undergoing structural changes as jobs in forestry, fishing, mining, agricultural and other natural resource-based industries decline. These communities, often based around these industries, are generally small and located some distance from urban areas. They are faced with decreasing population as residents and their families leave for jobs elsewhere. As a result, the communities and residents are looking for alternative ways to create employment and sustain themselves. Given the nature of these rural locations, many small businesses based there face challenges that are not generally experienced by enterprises in urban areas. Some communities are not accessible by paved road while others are not accessible by road at all, relying instead on water and air transportation. The business people in these areas often operate without standard business infrastructure, which can include telephone lines, broadband Internet, banking services and other items, and can have difficulty accessing supplies, customers, employees and other required materials. However, there has been relatively little research on the challenges facing rural businesses and the specific methods by which these owners mitigate these challenges. Understanding and addressing the challenges faced by these businesses becomes important in order to support and encourage economic growth and development in these rural communities. Building on this context, this research looks to answer the following questions: • Why do people start businesses in rural locations? • What type of businesses do they start? • What challenges do these rural businesses face? • How do owners respond to these challenges? Vancouver Island and the surrounding smaller islands in British Columbia, Canada serve as the research site. Given the exploratory nature of this research, an inductive approach has been selected with the use of case studies, interviews and grounded theory analysis. Purposeful sampling is used with the sample businesses meeting specific criteria, based on location, business size and definition of success. These businesses are interviewed at their locations to allow the researcher to experience the challenges associated with accessing the particular rural community. The interview topics are focused on the above research questions. There are several common characteristics among the sample owners and their businesses. The owners tend to be in-migrants who moved to the rural area for lifestyle reasons. They have started their business to provide an income, take advantage of a business opportunity, or both. Family members, particularly spouses, are actively involved in the business. In many cases, participants supplement their business income with other income sources to ensure business viability. Success is measured generally by personal and lifestyle goals, rather than financial criteria. The businesses face common challenges in terms of a limited local population base which impacts on market size and labour pool, rural location and access to urban centres, gaps in business and social services infrastructure and heavy time demands. The owners respond to these challenges in a variety of ways which includes the involvement of family, core business diversification, alternative income sources, long hours invested in the business and involvement with the community. To meet these challenges and devise their responses, the owners draw upon four key resources – their own skills and attitudes, their family, business and community. The resulting conceptual framework draws together these key resources and suggests that all four must be present to ensure success within a rural context. Each resource is comprised of several components which contribute to business success. The framework also integrates several resource-based theories, which consider the key resources either separately or in pairs, to create a holistic model. The conclusions focus on several key areas. This research contributes to the knowledge base on rural small businesses by creating a framework that draws directly from the experience of these owners and their objectives and motivations for their businesses. It reflects their internal focus and a concentration of the four resources that they access easily from within their domain. This research also suggests some possible roles for government which focus on its role in shaping the larger environment, particularly at the infrastructure level and human capital development. Finally, future research directions are recommended. This study considers a relatively unexplored topic and suggests ways for rural small businesses to address the challenges which they face. With this knowledge, individuals, businesses, communities and other interested organizations can work to achieve their economic development goals.

APA, Harvard, Vancouver, ISO, and other styles

13

Chesley, Daisy. "Succession Planning in Family-Owned Businesses." ScholarWorks, 2017. https://scholarworks.waldenu.edu/dissertations/3554.

Full text

Abstract:

Many family-owned businesses lack strategies regarding succession planning. Succession planning is a company's way of embracing the future. The majority of U.S.-based family-owned businesses do not survive to the second generation, and only 3% of family-owned businesses make it past a third generation. This descriptive case study explored strategies that 4 leaders of a family-owned financial business in the Washington, DC area use to prepare future generations to assume leadership roles in their company. The theory of family systems and the theory of organizational and business development were the conceptual frameworks for this study. In-depth interviews with purposively selected members of the small family-owned business were supplemented with a review of documentation from archival records. Yin's 5-step analysis guided the coding process of participants' response, capturing essential elements using the participants' own language. Member checking was used to validate the transcribed data. The major themes of the study revealed the owners' strategies relating to comprehensive business development, examining the family systems, strengthening retention of all employees, examining organizational theory, planning for the future with contingency strategies, strengthening team building, training and support, and understanding leadership knowledge and leadership competency. This study may benefit small businesses by providing lessons learned on ensuring organizational sustainability. This study's implications for social change include contributing to social stability and continuing economic growth.

APA, Harvard, Vancouver, ISO, and other styles

14

Pitsiladi, Lesvokli N. "Variables affecting family employee remuneration in South African family businesses." Thesis, Nelson Mandela Metropolitan University, 2016. http://hdl.handle.net/10948/3449.

Full text

Abstract:

The purpose of this multi-case study research was to determine variables that affect The Perceived Success of Fair Family Employee Compensation in South African family businesses. Five propositions: Human Capital, Outside Advice, Succession Planning, Fairness and Family Harmony were tested and as a result, Human Capital, Fairness and Family Harmony were deduced to have a positive influence, while Outside Advice and Succession Planning had a non-significant influence. The present research effort begun with an in-depth literature review on family business and the variables: Human Capital, Outside Advice, Succession Planning, Fairness, Family Harmony and Fair Family Employee Compensation, followed by a qualitative explanatory multi-case study research design using embedded units of analysis and provided a valuable insight into compensation issues regarding family businesses in South Africa. Replication logic was used to generalise the results and it was recommended that the preliminary theory regarding Outside Advice and Succession Planning be revised and tested with another set of cases, while the results indicated that Human Capital, Fairness and Family Harmony could be generalised to the broader theory.

APA, Harvard, Vancouver, ISO, and other styles

15

Yousuf, Shahzad. "Financing small businesses : a comparative study of Pakistani-immigrant businesses and UK-indigenous businesses in the travel trade." Thesis, Cranfield University, 1997. http://hdl.handle.net/1826/3694.

Full text

Abstract:

This research is about financing practices of Pakistani-immigrant and indigenous-owned small travel agents. The study provides an understanding of the capital structures of businesses owned by both groups and compares these to draw similarities and differences between both groups. The research integrates the "ethnic enclave" immigrant theory, the capital structure theory in particular the Pecking Order Hypothesis, the role of "networks" in business financing, and the business life-cycle theories. The research question and the research hypotheses emerged from the literature reviewed. Ten case studies, five Pakistani businesses and five indigenous businesses, confirmed the hypotheses which formed the basis of a survey of a large sample of sixty businesses, thirty in each group. The case study data is considered invaluable since it provided the real evidence of the sensitive nature of financial information in these businesses. The methodology adopted was a combination of qualitative and quantitative approaches. The findings of the study show that there are more similarities than differences among the capital structures of both groups of businesses. The nuclear family plays a crucial role throughout the life-cycle of the business in both groups. The role of family labour is not as prominent as among other industries such as Confectionery, Tobacconists, and Newsagents (CTN's). Informal sources of finance are preferred over formal sources by both groups of businesses due to their availability and lower cost. The Pecking Order Hypothesis theory applies to both groups of businesses. The main sources of formal finance were high street banks, bank overdrafts and loans. Pakistani businesses were not disadvantaged in any way by the formal providers of finance. This research is the first to report on the comparative capital structures among both groups of businesses. However, although considerable contribution has been made by this research to the small business finance literature further research should be conducted into the area.

APA, Harvard, Vancouver, ISO, and other styles

16

Gustavsson, Erik, and Regalado Jose Antonio Amador. "Managerial Risk-Taking Behaviors of CEOs in Family Businesses : Applying the Upper Echelons Theory on Family Businesses’ CEOs." Thesis, Internationella Handelshögskolan, Jönköping University, IHH, Företagsekonomi, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-48549.

Full text

Abstract:

Background Nowadays the amount of research regarding the family business context has improved meaningfully. However, the field of family business could still be considered immature and with existing gaps in its literature. Thereby, several studies in the family business context have discussed the topic of risk-taking, which establishes its crucial importance as a topic within in the field. Thus, risk-taking is a topic of the utmost importance for any given organization in terms of growth regardless if it is a family firm or non-family firm. However, in order to enact such levels of growth, the firms’ CEOs are required to engage in managerial risk-taking behaviors. Here, managerial risktaking is explained through the lens of the upper echelons theory which aids to understand the different perspectives (e.g., age, tenure, education and prior work experiences) CEOs utilize to take risk in their daily activities. Purpose Through the identified fundamental experiences affecting the managerial risk-taking behaviors of CEOs, the purpose of this thesis, through the lens of the upper-echelons theory, is to research how CEOs experiences influence their managerial risk-taking behaviors inside family businesses. Method This thesis followed a quantitative research approach, by analyzing a sample of 100 family firms and their CEOs across Scandinavia. Here, the data was collected via the public database “Amadeus” and complemented with supporting sources such as “LinkedIn” and companies’ websites. Lastly, multiple statistical tests were performed to further asses and explore the collected data. Findings The final results of this thesis were unable to determine to what degree the independent variables of CEOs’ experiences (age, tenure, education and prior work experiences) influence the dependent variable of managerial risk-taking behaviors. In our case, the controlling variables of firm size and CEOs being part of the board showed to have a significant effect on the managerial risk-taking behaviors of CEOs.

APA, Harvard, Vancouver, ISO, and other styles

17

Bouges, Farid Fouad. "Internationalization of Family Businesses in Saudi Arabia." Thesis, Walden University, 2014. http://pqdtopen.proquest.com/#viewpdf?dispub=3603933.

Full text

Abstract:

Family businesses represent a key economical asset in the global economy. Leaders of family businesses have implemented internationalization as a key strategy to enhance sustainability and increase profitability in a hypercompetitive global marketplace. Guided by the Uppsala model, the purpose of this case study was to explore how Saudi family business leaders have planned and implemented internationalization. Three leaders from different international Saudi family businesses participated in semistructured interviews. The participants described their experience in achieving successful internationalization for their family businesses. After analyzing the interview data and validating through member checking, 3 main themes emerged: (a) the characteristics of the family business to compete internationally, (b) the characteristics of a suitable international market for family businesses to internationalize, and (c) the characteristics of a successful internationalization opportunity for a Saudi family business. In order to internationalize, Saudi family business leaders identified having a proper strategy, financial capability, qualified resources, well-structured policies, and globally-standardized products or services. Family business leaders should target the international market that is stable, that is secure with regulations, and that is welcoming to foreign investments. Each internationalization opportunity should have close psychic distance, available relationships in the international market, targeted family business motives, demonstrated existing market demand with the ability to satisfy, and proper timing. The findings may promote social change in Saudi family businesses by identifying essential characteristics to maintain the companies' existence and offer a roadmap to compete internationally.

APA, Harvard, Vancouver, ISO, and other styles

18

Claesson, Johan, Frida Wengbrand, and Sofia Eriksson. "Valuation of Family Businesses : A case study." Thesis, Jönköping University, JIBS, Business Administration, 2005. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-156.

Full text

Abstract:

Bakgrund

Majoriteten av alla svenska företag är familjeföretag. Forskning inom området har inte bedrivits i någon större utsträckning förrän på senare år. Därtill kommer att forskning inom värdering av familjeföretag är närmast obefintlig. Familjeföretag skiljer sig på många sätt från icke-familjeföretag, t.ex. när det gäller kultur, ägande och ledning. Härav finns det anledning att tro att familjeföretag värderas annorlunda än icke-familjeföretag.

Syfte med uppsatsen

Syftet med denna uppsats är att beskriva hur värdering av familjeföretag går till från ett uppköpande företags synvinkel.

Metod

För att utföra denna uppsats har ett kvalitativt, hermeneutiskt tillvägagångssätt använts för att förstå helheten av fenomenet familjeföretags värdering. Vi har genomfört en fallstudie bestående av tre familjeföretags uppköp gjorda av Företag X som noggrant har studerats.

Slutsats

När ett familjeföretag värderas är det avgörande att ha erfarenhet, branschkännedom, intuition och framför allt kunskap och erfarenhet om familjeföretag. De immateriella tillgångarna i ett familjeföretag, som till exempel rykte, kultur och kunskap bidrar tillsammans med olika värderingsmodeller till ett rättvist värde av familjeföretaget.

Background

The vast majority of all Swedish companies are family businesses. Research within the field of family businesses has not until recent years been developed. Moreover, the research regarding valuation of family businesses is close to non-existing. Family businesses differ in many ways from non-family businesses, for example when it comes to culture, ownership and management. Hence, there is a possibility that family businesses are valuated differently from non-family businesses.

Purpose of this thesis

The purpose with this thesis is to describe how valuation of family businesses is done from the perspective of an acquiring company.

Method

For this thesis a qualitative, hermeneutic approach was applied in order to understand the whole picture of the valuation of the family business phenomenon. A case study approach was carried out by carefully studying three acquisitions of small private family businesses in the service sector made by Company X.

Conclusions

The crucial skills to possess are experience, industry knowledge, intuition and most of all family business knowledge and experience when determining a fair value of a family business. The intangible assets of a family business, for instance reputation, culture and knowledge, together with different valuation methods contribute to the estimation of the value of a family business.

APA, Harvard, Vancouver, ISO, and other styles

19

Muellner, Ev. "Performance of Family Businesses at the SWX." St. Gallen, 2005. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/03608007001/$FILE/03608007001.pdf.

Full text

APA, Harvard, Vancouver, ISO, and other styles

20

Bouges, Farid Fouad. "Internationalization of Family Businesses in Saudi Arabia." ScholarWorks, 2011. https://scholarworks.waldenu.edu/dissertations/1101.

Full text

Abstract:

Family businesses represent a key economical asset in the global economy. Leaders of family businesses have implemented internationalization as a key strategy to enhance sustainability and increase profitability in a hypercompetitive global marketplace. Guided by the Uppsala model, the purpose of this case study was to explore how Saudi family business leaders have planned and implemented internationalization. Three leaders from different international Saudi family businesses participated in semistructured interviews. The participants described their experience in achieving successful internationalization for their family businesses. After analyzing the interview data and validating through member checking, 3 main themes emerged: (a) the characteristics of the family business to compete internationally, (b) the characteristics of a suitable international market for family businesses to internationalize, and (c) the characteristics of a successful internationalization opportunity for a Saudi family business. In order to internationalize, Saudi family business leaders identified having a proper strategy, financial capability, qualified resources, well-structured policies, and globally-standardized products or services. Family business leaders should target the international market that is stable, that is secure with regulations, and that is welcoming to foreign investments. Each internationalization opportunity should have close psychic distance, available relationships in the international market, targeted family business motives, demonstrated existing market demand with the ability to satisfy, and proper timing. The findings may promote social change in Saudi family businesses by identifying essential characteristics to maintain the companies' existence and offer a roadmap to compete internationally.

APA, Harvard, Vancouver, ISO, and other styles

21

Hsu, Yu-hsu. "Multinational Chinese Family Businesses: Evidence from Taiwan." Thesis, University of Warwick, 2007. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.490405.

Full text

Abstract:

The model of the Chinese family business (CFB) and its institutional origins was initially developed by examining the development of these firms in their domestic context (e.g. Whitley, 1999, 1994a; Hamilton, 1997 and Redding, 1993). These authors proposed limits to the growth of CFBs based on their specific characteristics as firstly, family-owned and managed, secondly opportunistic in their growth strategy with a reluctance to invest in fixed assets that would lock them into certain sectors and thirdly the nature and role of gllanxi in their development. This thesis revisits these claims in the context of the increased significance of globalization for CFBs and their continued rapid economic growth throughout the 1990s. Through an in-depth case-study of four large Taiwanese multinational CFBs located in two distinctive settings (i.e. high-tech and traditional industries), the thesis examines the extent to which the three key characteristics of the CFB, viz. family control, opportunism and gllanxi have acted as barriers to intemationalisation and growth. The thesis argues that these features remain of central importance to large CFBs but the ways in which they work has changed over the last decade in order to facilitate intemationalisation and growth. They have not been major barriers to this process but rather have facilitated it. The case-study findings indicate that although there have been changes in Taiwanese CFBs, these firms still possess their Chinese characteristics and show little sign of converging on to the Anglo-Saxon model of multinational firms.

APA, Harvard, Vancouver, ISO, and other styles

22

Lindholm, Pontus, and Brandon Stewart. "Digital Transformations in Family Businesses : An exploratory study examining how non-financial aspects influence digital transformations in family businesses." Thesis, Jönköping University, Internationella Handelshögskolan, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-52721.

Full text

Abstract:

Background: The advancement and spread of digitalization is reshaping the commercial landscape for firms, executing proper and adequate digital transformations have therefore become a necessity in order to thrive in the digital era. Existing literature has indicated that the unique and distinctive characteristics that family businesses possess may shape the way such firms handle various change efforts. However, research of how family firms handle digital transformations is heavily undeveloped, where the non-financial aspects’ influence on such transformations has yet to be assessed. Purpose: The purpose of this thesis is to investigate how non-financial aspects could influence a digital transformation process in family businesses. By fulfilling this purpose, additional insights can be contributed and enable a more thorough understanding of how non-financial aspects influence digital transformations in a family business. Method: This qualitative and exploratory thesis, guided by an inductive approach, has utilized a multiple case study containing four different cases in order to generate more insights and create a better understanding regarding the topic at hand. Eleven semi-structured interviews have been conducted and a thematic analysis has served as guidance when interpreting and analyzing the data. Conclusion: The results of the research reveal that four non-financial aspects were identified through the multiple case study. However, merely three of the four non-financial aspects identified were found to influence digital transformations in family businesses, encompassing both advantages and challenges which consequently affect a digital transformation. Additionally, the results show that one of the non-financial aspects solely had a positive influence on digital transformations, while the other two had both a positive and negative influence.

APA, Harvard, Vancouver, ISO, and other styles

23

Pottas, Sunette. "An exploratory study of family harmony in family businesses / Sunette Pottas." Thesis, North-West University, 2009. http://hdl.handle.net/10394/4159.

Full text

Abstract:

Family businesses are one of the driving forces behind economic growth in South Africa. It is therefore very important to understand all the different aspects of family businesses to ensure sustainability and continuity through different generations. The reasons for their failure are often predictable and the fact that the 'family dynamics' and family business issues is not well understood. Family harmony is a situation where family members acknowledge each other's achievements, that they are emotionally attached and close to each other, where they support and care for each other's welfare and this gives them a competitive advantage and as a result are in a better position to work together, trust each other, and react faster to the changing economic environment. It also leads to better, wiser decisions being taken, leading to success in business. The research was conducted by means of a literature and empirical study. The literature study entails literature on the key dynamics of family businesses and factors that influence harmony in family businesses. A convenience sample, by means of a snowball sample technique was used to identify family businesses. A total of 13 family businesses and 91 respondents participated in the Lejweleputswa District in the Free State province in South Africa. Literature revealed that there are thirteen latent variables that could be used to assess family harmony in family businesses. These determinants of family harmony are: open communication, mutual t rust and respect, conflict between family members, family commitment, personal needs alignment, division of labour, fairness, leadership, governance, non-active family members, non-family members, senior generation of family members and financial performance. The reliability of the questionnaire was determined by calculating the Cronbach alpha coefficient of the variables. The Cronbach's alpha reliability coefficient normally ranges between 0 and 1. The closer the Cronbach's alpha coefficient is to 1.0, the greater the internal consistency of the items in the data. The participating family members had the highest level of agreement with the following variables concerning the statements in the questionnaire; Family Commitment (x=5.877), Financial performance (x= 5.723) and Mutual trust and respect (x= 5.716). Mutual trust, respect and leadership are the more preferable variables for the participating family members because they have the highest correlation to family harmony in family businesses. In the relationships of, active and inactive family members and the gender of the family members in regard with family harmony (dependable variable) and the perceived future continuity ( independent variable) there is never a practical significant difference. Recommendations are made to improve family harmony in family businesses and subsequently the sustainability and longevity of the businesses
Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2010.

APA, Harvard, Vancouver, ISO, and other styles

24

Van, Heerden Theunis Johannes. "The determinants of family harmony in family businesses / T.J. van Heerden." Thesis, North-West University, 2009. http://hdl.handle.net/10394/4161.

Full text

Abstract:

Small and medium-sized family businesses are the most common form of business structure in the world and they are becoming increasingly recognised as the main economic drivers in local and global economies. South Africa is no different to the rest of the world and approximately 80% of the businesses in South Africa are classified as family businesses and 60% of companies listed on the Johannesburg Stock Exchange are also classified as family businesses The family business is a unique, complex and dynamic system that consists of a blend of two very different poles. On the one end there is the performance-based world of business and on the other end the emotion-based domain of the family that creates potential conflict and confusion. About 70 percent of all family businesses do not survive transformation from the first to the second generation and therefore cease to operate and close down before or after succession takes place. The longevity of family businesses are thus a major concern. The main objective of this study is to determine and evaluate the determinants of family harmony of family businesses and to make recommendations to enable family businesses to obtain family harmony to ensure future continuity. The study will focus on the investigation of the determinants of harmonious relationship between family members in family businesses. The research was conducted by means of a literature review and an empirical study. The literature review formed the basis for identifying the determinants influencing family harmony and to gain insight into the dynamics of the family business. Based on the literature review, 13 constructs, the independent variables, determining family harmony (the dependant variable), were identified. The variables were empirically tested at 31 family businesses by means of a structured measurement instrument (questionnaire). The reliability of the research instrument (questionnaire) was determined by means of Cronbach alpha coefficients. None of the constructs' Cronbach alpha coefficients were lower than the routine cut-off value of 0.70. This indicates that the questionnaire used in this study conformed to the criteria of acceptable reliability and can be regarded as internally consistent. The evaluation of the constructs determining family harmony yielded an average mean score of x = 5.605. The highest mean score calculated was for the construct Family commitment (x= 6.144) and the lowest score for Governance (x= 4.663). This means in practice a high level of agreement with the statements / items concerned with Family commitment and a relatively low agreement with the statements / items concerned with Governance. The evaluation of the construct Perceived future continuity was discussed and the average score for the construct Perceived future continuity was x 5.841. The coefficient of correlation for the construct Perceived future continuity was calculated at ( r = 0.557), which also indicates the relatively strong linear relationship between the construct and Family harmony. The correlation between the independent variables measuring the dependent variables were determined and it revealed that based on Cohen's rules, it is evident that the independent variables, Non-family members ( r = 0.288), Inactive family members ( r = 0.289), Governance ( r = 0.384) and Financial ( r = 0.479) have a medium or visible effect on the dependent variable, Family harmony. The rest of the independent variables have a large or practical significant effect ( r > 0.50) on the dependent variable, Family harmony. No practical significant differences could be found between the means of selected demographical variables on any of the variables. Practical recommendations are suggested to improve family relationships in family businesses to reduce the impact of conflict on family harmony and to improve future continuity of the business.
Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2010.

APA, Harvard, Vancouver, ISO, and other styles

25

Miller, Stephen P. "Developing Next-Generation Leadership Talent in Family Businesses: The Family Effect." Case Western Reserve University School of Graduate Studies / OhioLINK, 2015. http://rave.ohiolink.edu/etdc/view?acc_num=case1427837349.

Full text

APA, Harvard, Vancouver, ISO, and other styles

26

Awosanya, Michael Oluwatola. "Challenge of Leadership Succession in Family-owned Business in Lagos, Nigeria." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/6968.

Full text

Abstract:

Leaders of family-owned businesses pay more attention to the attainment of personal and organizational objectives than to leadership succession plans for continuity when they leave the business. Despite the significant contributions of family-owned businesses to the social and economic development of nations, founders and leaders still contend with the challenge of leadership transfer to the next generation. The purpose of this transcendental phenomenology study was to examine the lived experiences of past and current leaders of family-owned businesses in Lagos regarding the challenge of preparing the next generation for leadership succession. The theory of knowledge transfer formed the conceptual framework for the study. Purposeful sampling method was used to select 15 business owners and leaders from 5 family-owned businesses in Lagos. Data collection methods included in-depth and open-ended telephone interviews. The Steve-Colaizzi-Keen design was used to analyze, and code data to identify prevailing themes. Eight themes emerged in the study of which six corroborate some current studies on leadership succession, while the remaining two new themes could be described as potential gaps in the literature. The study findings may help resolve complexities of determining, choosing, and mentoring potential leaders for eventual takeover when there is a vacuum. The results of the study highlighted the need for education or a foundation to support family-owned businesses in southwest Nigeria in the transfer of leadership to successive generations. This could prevent family-owned businesses from going into extinction at the exit of the founders.

APA, Harvard, Vancouver, ISO, and other styles

27

Brandt, Erik, Patrik Kull, and Jonas Björkdahl. "Acquisition strategy : A case study within family businesses." Thesis, Jönköping University, JIBS, EMM (Entrepreneurship, Marketing, Management), 2007. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-731.

Full text

Abstract:

Dagens ekonomiska klimat är kantat av möjligheterna och hoten från globalisering, ökad konkurrens och en alltjämt ökande takt, och ända sedan 1800-talet så har sammanslagningar och förvärv varit ett viktigt sätt för företag att konkurrera. Sammanslagningar och förvärv är aktiviteter som oftast styrs av begäret att uppnå synergi effekter, marknadsandelar, konkurrensfördelar och skalfördelar. I dag ligger mycket av medias och den akademiska fokusen på börsbolag, men Sveriges många små till medelstora privatägda företag, till exempel familjeföretag, bör inte falla i glömska. Dessa familjeföretag är olika jämfört med andra företag, inte bara när de kommer till ägarstruktur, men även på de organisatoriska och strategiska planen. Med detta i åtanke så verkar det finnas en lucka i den akademiska litteraturen när det kommer till just den här sortens frågeställning kring familjeföretag.

Syfte

Denna uppsats kommer undersöka förvärv inom familjeföretag med anledning av att öka kunskapen kring deras förvärvsstrategier och motiv. Författarna kommer även att studera till vilken grad kulturen influerar dessa strategier.

Metod

En fallstudieteknik valdes för att uppfylla syftet. Fallet behandlar förvärvsstrategin inom två medelstora familjeföretag, ROL AB och Bröderna Brandt Bil AB. Båda företagen har använt förvärv som tillväxtstrategi, och intervjuer genomfördes med strateger inom företagen för att samla in empirin.

Slutsats

Förvärvsstrategin verkar huvudsakligen styras av kulturen i de förvärvande och förvärvade företagen. Motiven påverkar också den valda förvärvsstrategin, och författarna identifierade också att förvärvets utfall till stor del beror på tidshorisonten som tillåts. I familjeföretag verkar det också som om ett lyckat förvärv fastställs av fler aspekter än i t.ex. börsföretag, där de finansiella avkastningen är viktigast. Värt att nämna är också att företag som internationaliserar måste vara beredda på att acceptera högre risk.

The context within which firms exist today is lined by the opportunities and threats of globalization, increased competition and a constantly intensifying pace. Ever since the 19th century mergers and acquisitions (M&A) have been an important way for firms to compete. Mergers and acquisitions are largely fuelled by the desire to attain synergies, market power, competitiveness and economics of scale and scope. Today, much focus in media and theory is directed towards publicly traded corporations, however, the importance of smaller to medium sized, privately owned companies, e.g. family businesses, should not be overlooked. Family businesses differ from other corporations, not only on the ownership structure but also on other organisational and strategic characteristics. Further, research within acquisitions and family businesses is very limited and there seems to be gap in literature regarding this constellations.

Purpose

This thesis will investigate acquisitions in family businesses in order to enhance the understanding of their acquisition strategy and motives. Further, the authors will study to what extent culture influences the acquisition strategy.

Method

A case study approach was chosen to achieve the purpose. The case concerned the acquisition strategy within two medium-sized family businesses, ROL AB and Bröderna Brandt Bil AB. Both companies has used acquisitions as tools for growth. The data was collected through interviews with strategists at the two companies.

Conclusion

The acquisition strategy seems to be mostly influenced by the culture in the acquiring and acquired company. Further, the acquisition motive also affects the chosen acquisition strategy. The authors also identified that whether a acquisition is successful or not depends on the time-frame. In family business, success also seems to be determined by more aspects than in e.g. public companies where success is driven by financial returns. In order to act in an international environment, one also needs to be prepared to accept higher risks.

APA, Harvard, Vancouver, ISO, and other styles

28

West, Ayodeji. "Succession Planning in Family-Owned Businesses in Nigeria." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/7093.

Full text

Abstract:

Most family-owned businesses in Nigeria fail to survive to the second generation, and even more fail to survive to the third generation. The problems with sustainability pose issues for individuals and communities but have not been adequately examined by researchers. The purpose of this multiple case study was to explore the strategies that family business owners use to implement succession planning required for business continuity. Succession planning theory was used as the conceptual framework. The participants for the study included leaders of 4 family businesses in Lagos, Nigeria, who have successfully implemented a succession planning strategy required for business continuity. The data were collected through semistructured face-to-face interviews. To enhance the credibility and trustworthiness of the interpretations, methodological triangulation of the data sources and member checking were used. The process of data analysis included word frequency analysis, coding of related phrases, identification of patterns, and generation of themes around the codes. The results of the data analysis revealed five themes: identifying successor leaders, focusing on leadership development, reinforcing knowledge transfer, enhancing longevity of service, and emphasizing mentor and mentee processes. Providing potential successors with valuable skills in the short term becomes valuable for the family business in the long-term, study results show. The findings may raise owners' awareness about how to implement succession planning. The positive social change implications of business longevity include stable employment opportunities and investments in communities.

APA, Harvard, Vancouver, ISO, and other styles

29

Salie, Najmiea. "The role of Muslim women in family businesses." Thesis, Nelson Mandela Metropolitan University, 2012. http://hdl.handle.net/10948/d1020171.

Full text

Abstract:

The primary research objective of this treatise is to determine the role of Muslim women in family businesses. Muslim women actively participate in various private and public sectors of the economy as well as in family businesses. The literature review discusses the family business and its definitions and portrayed the advantages and disadvantages of family businesses. Furthermore, the research explored women in family business and investigated common reasons for joining the family business as well as conflict and success planning experienced by the women in the family business. Thereafter, the literature review discussed the Muslim women in family businesses and highlighted the background of the history of Muslim women in Islam. The Muslim women and their rights in Islam were presented followed by the rules of hijab. An overview of Muslim women in the history of Islam of the past and in the current economy was completed. The literature review then discussed the Muslim women in business and concluded with the Muslim women and their role in family businesses. The research methodology and research design literature lead to a qualitative research strategy being adopted to determine the role of Muslim women in family businesses. A questionnaire was designed and participants from the local Muslim business community who live in Port Elizabeth were approached to participate in the research treatise. The participants were initially contacted telephonically followed by an interview session where the questionnaire was used as a guide to the interview. The main purpose of the structured questionnaire was to determine sufficient data for adequate analysis of the research problem. The data were analysed and recommendations were made to address the primary research objective. The findings presented highlighted the role of Muslim women in family businesses. During the research further opportunities for research were presented, particularly to determine the impact of the Muslim daughter in family business is recommended for future research.

APA, Harvard, Vancouver, ISO, and other styles

30

Lasisi, M. O. "Understanding ERP adoption and family involvement in UK's retail small family businesses." Thesis, University of Salford, 2018. http://usir.salford.ac.uk/47142/.

Full text

Abstract:

Despite the theoretical suggestion that adopting an ERP system could bring about competitive advantage to Family Businesses within a highly competitive market such as the retail industry, a high level of family involvement appears to be a hindrance to the successful adoption. This study focused on understanding how family involvement might influence ERP adoption within UK’s retail Small Family Businesses (SFBs). The study is important because some studies posit that family involvement in business could be leveraged for a successful adoption of technology, but others suggest that family involvement could as well be a hindrance to adopting an ERP system. This is a qualitative study done in two stages; Firstly, through the exploration of the experience of ERP experts (consultants) for retail SMEs to understand ERP adoption and its possible contributions to UK’s retail SFBs. Secondly, the findings the characteristics and processes within UK’s retail SFBs were investigated through observations and family manager interviews. Although, some of the cases studied were yet to adopt an ERP system, findings from comparing SFB cases with and without an ERP system shows that the business characteristics and processes might benefit from a successful adoption of the technology in a range of ways such as Managerial, Operational, Strategic and Organisational benefits. Despite the heterogeneity of the families and their businesses, the family managers appear to be the key decision makers and for ERP to be adopted the technology may need to be positively perceived in terms of its contribution to business and family interests. It was also found that due to family cohesion and trust, the business stakeholders irrespective of family affiliation tend to commit to the adoption of an ERP system if the family manager decides the business needs to adopt the technology. While this study is based on evidences from few ERP consultants and cases of UK retail SFBs, the study has extended existing ERP knowledge in Family Businesses by showing that family involvement can be leveraged in some UK’s retail SFBs to successfully adopt the ERP system. The study shows that the technology is capable of effectively benefiting both the business and family interests. A framework was also developed to show how family involvement might bring about ERP adoption in UK’s retail SFBs. The study also shows that methodically using expert interviews and case studies is an efficient way to explore family involvement in ERP adoption within SFBs.

APA, Harvard, Vancouver, ISO, and other styles

31

Tens, Vera. "Future family generations as stakeholders in family businesses : a grounded theory approach." Thesis, Heriot-Watt University, 2017. http://hdl.handle.net/10399/3384.

Full text

Abstract:

This research investigates the meaning that is given to future family generations as stakeholders in their own rights by managers of family businesses. It uses a stakeholder perspective to establish whether stakeholder status is attributed, and if so, whether these stakeholders are regarded as important to the business - or not. The initial review of the academic literature identified that future generations of society have caused an ongoing debate on whether stakeholders have to be human or can in fact also include non-human entities. Future family generations, however, do not fit into this dichotomy as they present a special case: they are non-human initially, but over time become a human entity. Moreover, the initial literature review established a neglect of consideration for future family generations as stakeholders in their own right. In order to identify the (stakeholder) meaning that is given to future family generations, this research employs a constructivist grounded theory research strategy to explore first, the entity in the firm who attributes stakeholder status (with or without importance to the business), and second, whether and under what circumstances future family generations may be considered as such. Data was collected via 31 face-to-face in-depth interviews with interviewees working in family firms that are all based in Scotland. The family businesses ranged in size from one employee to several thousands; and in type anything from local butcher to large scale manufacturing company. The analysis of data was done in parallel with data collection, in line with grounded theory requirements, applying the researcher's interpretivist worldview on coding and all data analysis. The data from this research leads to the conclusion that future family generations require to be regarded as stakeholders in their own right. However, this research finds that the meaning given to future family generations is largely not about attributes, i.e. properties, of the stakeholder, as suggested by several academics, but instead a construct of one or several considerations of the firm's manager(s). The considerations identified in this research are linked with transfer of ownership, temporal dimensions, prioritising and underlying assumptions of traditions and goal-setting. Nevertheless, the research also finds that the existing dualism of family and business in family firms is an underlying theme; specifically, when identifying that it is the family business owner/managers who are acting upon their meaning given to future family generations and not other managers in the firm. Moreover, this research finds that the family business owner/manager may not only take on the role of proxy for the firm in regards to the stakeholder entity future family generations, but may also act as a human proxy for future family generations itself, in connection with the business; that is, creating a dualproxy role for the family business owner/manager. The latter proxy role was identified in this research to be linked with considerations of temporal dimensions of future family generations, leading to the disaggregation of the stakeholder entity future family generations into smaller ones by interviewees. This segregation of future family generations by their temporal dimension creates a conflict with the current academic debate on the dichotomy of human versus nonhuman stakeholders as it goes beyond that by creating additional entities.

APA, Harvard, Vancouver, ISO, and other styles

32

Samara, Georges. "Managing Family Businesses Heterogeneity: Global Strategies for Family Business Economic and Social Performance." Doctoral thesis, Universitat Ramon Llull, 2017. http://hdl.handle.net/10803/461046.

Full text

Abstract:

Com gestionar i dirigir una empresa familiar per tal d’aconseguir uns resultats econòmics i socials millors? Si bé les empreses familiars són un grup molt heterogeni d’empreses, s’ha fet molt poca atenció a la forma de govern i a les contingències institucionals a l’hora d’analitzar el seu acompliment econòmic i social. Com a resultat d’això s’han produït alguns debats teòrics i s’han detectat algunes conclusions contradictòries en la literatura. Aquesta tesi explica l’heterogeneïtat de les empreses familiars per tal d’il·lustrar millor les opcions de gestió i de govern que en poden catalitzar l’acompliment econòmic i social. S’analitzen tres fonts poc estudiades de l’heterogeneïtat de les empreses familiars: les diverses actituds, habilitats i serveis del seu capital humà, els diferents nivells d’implicació de la família en el negoci i l’entorn geogràfic institucional en què s’incardinen les empreses familiars. Aquesta tesi aporta arguments teòrics i analitza empíricament les diferents opcions de gestió i de govern que poden catalitzar els resultats econòmics i socials de les empreses familiars. En definitiva, aquest treball fa diverses contribucions teòriques que poden ajudar a reconciliar les visions contradictòries detectades a la literatura i proporciona algunes recomanacions molt més precises als professionals.
¿Cómo gestionar y dirigir una empresa familiar para lograr mejores resultados económicos y sociales? Pese a que las empresas familiares son un grupo muy heterogéneo de empresas, se ha prestado muy poca atención a la gobernanza y a las contingencias institucionales a la hora de abordar su desempeño económico y social. El resultado de ello han sido algunos debates teóricos y algunas conclusiones contradictorias en la literatura. La presente tesis explica la heterogeneidad de las empresas familiares para arrojar más luz sobre las opciones de gestión y de gobernanza que pueden catalizar el desempeño económico y social de dichas empresas. Se analizan tres fuentes poco estudiadas de la heterogeneidad de las empresas familiares: las diversas actitudes, habilidades y servicios de su capital humano, los distintos niveles de implicación de la familia en el negocio y el entorno geográfico institucional en que se incardinan las empresas familiares. Esta tesis proporciona argumentos teóricos y analiza empíricamente las distintas opciones de gestión y de gobernanza que pueden catalizar los resultados económicos y sociales de las empresas familiares. De este modo, este trabajo realiza varias contribuciones teóricas que pueden ayudar a reconciliar las visiones contradictorias detectadas en la literatura y proporciona algunas recomendaciones mucho más precisas a los profesionales.
How can family businesses be managed and directed to achieve better economic and social outcomes? Despite that family businesses are a group of heterogenous companies, little attention has been given to governance and institutional contingencies when discussing the family business economic and social performance. This resulted in several theoretical debates and conflicting evidence found in the literature. This thesis accounts for family business heterogeneity to shed further light into the managerial and governance choices that can catalyze family businesses economic and social performance. Three understudied sources of family businesses heterogeneity are explored: The various attitudes, skills, and services of the family business human capital, the different levels of family involvement in the business, and the institutional geographical setting in which family businesses are embedded. This thesis theoretically argues for and empirically explores managerial and governance choices that can catalyze family businesses economic and social outcomes. By doing so, this work offers several theoretical contributions that can help reconcile conflicting views found in the literature and provides finer-grained recommendations for practitioners.

APA, Harvard, Vancouver, ISO, and other styles

33

Saleem, Nazish. "Career choices of family members and immigrant´s career decisions in family businesses." Thesis, Jönköping University, Internationella Handelshögskolan, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-53040.

Full text

APA, Harvard, Vancouver, ISO, and other styles

34

Paskewitz, Emily Ann. "When Work and Family Merge: Understanding Intragroup Conflict Experiences in Family Farm Businesses." Diss., North Dakota State University, 2015. http://hdl.handle.net/10365/24996.

Full text

Abstract:

Family farms experience conflict in the everyday operation of the farm (Weigel & Weigel, 1990). However, family farm members rarely bring up conflicts to the other party; rather, they keep their frustration to themselves or wait until things boil over. Waters (2013) noted family farm members avoid bringing up any conflict or issues, with one son noting ?basically, dad says we?re doing this and I say okay? (Waters, 2013, p. 30). It is in this communicative environment that a business functions, attempting to remain profitable, while maintaining family bonds that are the foundation of the business itself. This project used intragroup conflict theory to explore the dynamics of everyday conflict in family farm businesses. Intragroup conflict theory presents four types of conflict (task, relational, process, and status) that influence group outcomes differently (Jehn, 1997). The first focus of this project was how these four conflict types influence three important outcomes for family farm members: job satisfaction, communication satisfaction, and profitability. Only status conflict significantly predicted all three outcomes variables for family farm members. Additionally, this project furthered intragroup conflict theory by exploring two potential antecedents for intragroup conflict: emotional intelligence (awareness of own and management of own) and family communication patterns (conversation orientation and conformity orientation). Conformity orientation significantly predicted task, process, and status conflict in the model. These findings were discussed in light of the previous theoretical work in family businesses, then in the family farm context specifically.

APA, Harvard, Vancouver, ISO, and other styles

35

Süss-Reyes, Julia. "Understanding the transgenerational orientation of family businesses: the role of family governance and business family identity." Springer Verlag, 2017. http://dx.doi.org/10.1007/s11573-016-0835-3.

Full text

Abstract:

The development of a transgenerational orientation is one of the most significant challenges that family businesses face and only a small number actually survive across generations. While prior research has focused on the business unit to provide us with a solid understanding of how corporate governance affects business performance and continuity, the role of the business family in the development of a transgenerational orientation has received less attention. To address this gap, this article applies a new systems and social identity theory framework to examine how family governance and business family identity can contribute to strengthening the transgenerational orientation of the business. A transgenerational orientation is defined as a decision premise to maintain the family's control over the business across generations. Using a large data set, findings show that the presence of family governance measures and the business family's identity are positively related to a transgenerational orientation of the business, with business family identity acting as a mediator. Thus, the development of family governance measures can foster communication within the business family and enhance the family members' emotional investment in the business which strengthens the transgenerational orientation in the business. (author's abstract)

APA, Harvard, Vancouver, ISO, and other styles

36

Boers, Börje. "Organizational identity construction in family businesses a dualities perspective." Doctoral thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Center for Family Enterprise and Ownership, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-21834.

Full text

Abstract:

This dissertation is about organizational identity construction with a dualities perspective. By taking a dualities perspective the focus shifts from assuming that organizational identity actually is in place towards organizational identity construction where identities are socially constructed. A dualities perspective is very suitable for studying family business where family and business are seen as interdependent and interconnected forming a duality. Family business is an identity statement. Family business identities are constructed by stakeholders by managing a set of dualities. Dualities cause tensions because of the dual poles. These tensions need to be balanced in order to draw on both poles and maintain the family business identities. In an empirical study of two media organizations dualities of informality/formality, independence-dependence, historic paths-new paths, and commercial-journalistic are used to understand how stakeholders balance the tensions in these dualities and thereby construct organizational identities. The study reveals the central role of owning family members in organizational identity construction. It is important to balance interests between owning family members and generations. Otherwise it is possible that tensions develop between owners which can endanger the organization. The dualities perspective broadens studies on organizational identity construction as it accounts for the peculiarities of family businesses. I argue that these dualities are basis for constructing organizational identities that require stakeholders to work with managing the inherent tensions in the dualities. This means that owning family members and organizational members are continuously involved in constructing organizational identities when managing the dualities. For the organizational identity literature, the study offers a focus on the processes of organizational identity construction in the most common business organization, i.e. family businesses. Owning families play an eminent role in processes of organizational identity construction which future research should consider. Owning family members can initiate or trigger organizational identity construction processes because they are considered as role models by other stakeholders. Based on my findings I recommend owning families to consider that being a family business is an identity statement implying that other stakeholders will consider them as role model whether they like it or not. Therefore owning family members should devote attention to manage dualities and balance inherent tensions. Then being a family business can be advantageous because they can draw on both family and business dimensions.

APA, Harvard, Vancouver, ISO, and other styles

37

Kabir, Muhammad Naveed. "Developing a successful succession model for family-owned businesses." Menomonie, WI : University of Wisconsin--Stout, 2007. http://www.uwstout.edu/lib/thesis/2007/2007kabirm.pdf.

Full text

APA, Harvard, Vancouver, ISO, and other styles

38

Bövers, Jana [Verfasser]. "Three Essays on Leadership in Family Businesses / Jana Bövers." Bielefeld : Universitätsbibliothek Bielefeld, 2020. http://d-nb.info/1220830763/34.

Full text

APA, Harvard, Vancouver, ISO, and other styles

39

Schio, Junior Luis Eduardo. "Understanding the family businesses : a case study from Brazil." Thesis, Massachusetts Institute of Technology, 2017. http://hdl.handle.net/1721.1/111455.

Full text

Abstract:

Thesis: S.M., Massachusetts Institute of Technology, Sloan School of Management, 2017.
Cataloged from PDF version of thesis.
Includes bibliographical references (pages 120-126).
This thesis demonstrates through a case study of a 3 rd generation family business, the strengths and challenges of family businesses. It focuses on common problems facing family businesses such as family member interference, conflicts, and the absence of a succession plan. It also explores the various definitions of family business, the relevant research and data, cultural influences, and the unique benefits of family businesses. The case study is of a successful global Brazilian family business that was formed over 50 years ago by a family of immigrates that came to Brazil at the turn of the twentieth century. The family business grew from a small village market to a major international transportation, fruit production and export firm. The study highlights the importance to family firms of succession planning. It also illustrates how family businesses propel the economic growth in today's capitalist global economy, especially in emergent nations. Some of today's most powerful global firms started as family businesses and many are still under family control or family influence. Finally, this thesis offers some recommendations to next generations to help families understand how to perpetuate their businesses.
by Luis Eduardo Schio Junior.
S.M.

APA, Harvard, Vancouver, ISO, and other styles

40

Wallace, Jeffrey S. "Family-Owned Businesses: Determinants of Business Success and Profitability." DigitalCommons@USU, 2010. https://digitalcommons.usu.edu/etd/594.

Full text

Abstract:

The purpose of this study was to examine many factors associated with family-owned businesses that lead to business success and profitability. The panel data used in this study came from the 1997 and 2000 waves of the National Family Business Study (NFBS). Many independent variables from the 1997 wave (e.g., age, gender, managerial activities, business size, home-based, business problems) were tested to predict business success and profitability (dependent variables), which were variables from the 2000 wave. Some of the descriptive analyses indicated that, compared to female managers, male managers perceived less business success, participated more in managerial activities, managed older businesses, experienced more business problems, and experienced fewer business cash-flow problems. Compared to businesses that are not home-based, home-based businesses reported less perceived business success, less business profitability, were smaller businesses, experienced fewer business problems, had fewer business liabilities, and had managers with poorer health and less education. Overall, the ordinary least squares regression analyses yielded results indicating that managerial activities, home-based businesses, business age, business problems, and business cash-flow problems were all statistically significantly associated with perceived business success. Business size was shown to be significantly associated with business profitability. Implications of the findings, limitations of the current study, and recommendations for future research were presented in the final section.

APA, Harvard, Vancouver, ISO, and other styles

41

Nwuke, Okechukwu Vitalis. "Leadership Transition Strategies for Medium-Sized Family Businesses' Sustainability." ScholarWorks, 2017. https://scholarworks.waldenu.edu/dissertations/4315.

Full text

Abstract:

Medium-sized family businesses are major contributors to economic activities and job creation in Nigeria, but more than 50% of such family businesses fail after leadership succession. The purpose of this multiple case study was to explore the strategies that owners of medium-sized family businesses use to sustain the businesses after the leadership transition from the founders. The population for this study included 3 family business leaders in Lagos and Port Harcourt in Nigeria who have sustained their family businesses after the leadership transition from their founders. The conceptual framework for the study was based on the transformational leadership theory and the theory of planned behavior. Data collection was through semistructured face-to-face interviews and from company documents and artifacts. Data analysis was supported by follow up questions and member checking to enhance the credibility and trustworthiness of interpretations. The 4 themes that emerged were the founders' desire and support for transition, preparation of successors, trust and credibility of successors, and clarity of vision for both the founders and the successors. The findings from this study could contribute to positive social change by providing family business owners with strategies for managing leadership transitions to enable them to sustain their business operations after these transitions. Sustaining the family businesses might lead to a reduction in unemployment and enhance the incomes and well-being of the family members, communities, and Nigerian economy.

APA, Harvard, Vancouver, ISO, and other styles

42

Mengel, Niklas. "Drivers of Corporate Social Responsibility (CSR) in Family Businesses." Master's thesis, Vysoká škola ekonomická v Praze, 2016. http://www.nusl.cz/ntk/nusl-264545.

Full text

Abstract:

This thesis analyzed the Drivers and Implementation Approaches of Corporate Social Responsibility (CSR) in Family Businesses. Qualitative Analysis based on Semi-Structured Interviews was conducted in the region of Southern Lower Saxony and later on quantified through category-based Content Analysis. The results suggest that Drivers of CSR can be divided into value-based and strategic, and Implementation Approaches into informal and formal. Family Businesses are more likely to be driven by values and implement an informal approach. Further, a model to define CSR, called Four-Peak Pyramid of Corporate Social Responsibility, was developed. It consists of two fundamental stones of CSR, Compliance and Profitability, and four peaks called Marketplace, Workplace, Community and Environment.

APA, Harvard, Vancouver, ISO, and other styles

43

Offerman, John Leonard. "The role of governance in the Offerman family businesses." Thesis, Nelson Mandela Metropolitan University, 2010. http://hdl.handle.net/10948/1487.

Full text

Abstract:

The primary research objective considered by this study was to determine the nature of the governance system employed by the Offerman Family businesses in ensuring that all company assets, resources and actions are directed at, and controlled in the achievement of established company objectives and are accounted for to all legitimate stakeholders. Four related secondary objectives were also examined. The Offerman Family businesses consist of three separate companies that all make clay bricks in some form. Over recent years, the Offerman Family businesses have grown and taken on various minority shareholders in these three separate companies. For this reason, the governance requirements of the businesses have changed significantly from when the businesses were smaller and owned by a single family. The literature review on which the study is founded commences with an overview of family business topics appropriate to the research. Following this introduction, the history of the Offerman Family businesses is presented through until the present day (August 2010). Topics of governance are then considered in depth with a particular focus maintained throughout on that most applicable to the Offerman Family businesses. The research followed a case study approach within the phenomenological research paradigm. The details of the methodology employed are provided including an explanation of the questionnaire used as the research instrument. The questionnaire was submitted to ten people capable of influencing governance in the Offerman Family businesses and a useful response rate of 90 percent was achieved. The findings of the research detail the nature of the governance system employed by the Offerman Family businesses. It appears that there are shortcomings with family governance while governance of the businesses seems to be facilitated by the presence of the requisite governance building blocks such as a board of directors. Nevertheless, these governance systems are currently not functioning optimally leaving considerable room for improvement. The study closes with a review of the secondary research objectives and the resolution thereof. A list of recommendations is provided, which if implemented, could assist the Offerman Family businesses towards improving governance. Recommendations towards additional research are offered followed by an explanation of the limitations of the study.

APA, Harvard, Vancouver, ISO, and other styles

44

AlFahim, A. A. J. "Strategies for family businesses in Abu Dhabi to 2030." Thesis, Coventry University, 2011. http://curve.coventry.ac.uk/open/items/329fa50e-d117-4983-867d-6184806190ee/1.

Full text

Abstract:

In the 21st century, family businesses around the world face significant challenges and plentiful opportunities. The growth and survival of family firms depends on their ability to address these challenges, capitalise on their strengths, and take advantage of the opportunities facing them. The family business literature is rich in the experiences of Americans, Koreans, Swedes and many other nationalities, cultures and religions around the world, but there is a paucity of documented evidence that relates to the Arab world. This study adds a new and important specific contribution to the literature by addressing the field of family businesses in the Arab world, and Abu Dhabi in particular. The thesis concentrates on large family firms which have their headquarters in Abu Dhabi in the United Arab Emirates. The main reason for this choice is pragmatic; the researcher has far greater access to the principals (CEO’s and Chairmen in particular) of Abu Dhabi based family firms than those headquartered elsewhere. This thesis identifies major themes which will influence the future development of family firms in Abu Dhabi in the medium term (taken to mean up to 2030, the period covered by the Abu Dhabi Vision). The research design chosen is an exploratory one. It does not seek to make predictions concerning the future of family firms in Abu Dhabi but attempts to explain the phenomenon of family firms in Abu Dhabi to the extent that explanation helps shed light on possible alternative strategies which such firms might need to adopt if they are to continue to prosper. The research relies heavily on expert interviews. Such a strategy is warranted by the dearth of published data of any sort. This research also makes a useful contribution to our understanding of family firms in general. By concentrating on a hitherto under-researched context, the study adds to our overall understanding by broadening the range of comparative studies of family firms which are available to other researchers.

APA, Harvard, Vancouver, ISO, and other styles

45

Holt, Jim. "Behavioral Challenges in Dementia." Digital Commons @ East Tennessee State University, 2014. https://dc.etsu.edu/etsu-works/6469.

Full text

APA, Harvard, Vancouver, ISO, and other styles

46

Govender, Rowan. "An examination of succession planning approaches in family owned businesses : a case study of two businesses in East London, South Africa." Thesis, Nelson Mandela Metropolitan University, 2011. http://hdl.handle.net/10948/1621.

Full text

Abstract:

Family businesses constitute a large number of businesses worldwide contributing significantly to the global economy. Succession planning is a key issue influencing the sustainability of these family businesses. According to research, approximately 30% of businesses fail due to matters related to succession planning (Grote, 2003). Further research indicated that approximately 50% of family businesses do not have adequate succession plans in place. Hence, family businesses are exposed to significant risk in sustainability due to insufficient succession planning. An effective approach to succession planning in a family business increases the chance of success of a family business in both the short and long term. The purpose of this study was to develop a better understanding of approaches to succession planning in two family businesses in East London, South Africa. This purpose was to improve the commercial viability of family businesses and improve the body of knowledge from an academic perspective. To this end, a detailed literature study was conducted on family businesses and succession planning. A qualitative case study research paradigm was implemented to ascertain the nature of the approaches adopted by the two businesses. An interview process was conducted with the incumbent founders (fathers) and successors (sons) of the family business. This process suggested that each business requires a unique approach to succession plan which may include aspects of formal and informal processes. It is necessary to understand the nature of the family business, its interrelated relationships and context to adequately determine the success of a succession approach. It is for this reason that families aspiring long term sustainability should invest in effective succession planning approaches that integrate the nuances of the individual family business.

APA, Harvard, Vancouver, ISO, and other styles

47

Tavares, Bianca Magnani. "The family role on the internationalization process of family businesses: a two-case study." reponame:Repositório Institucional do FGV, 2012. http://hdl.handle.net/10438/9386.

Full text

Abstract:

Submitted by Bianca Magnani Tavares (bibimagtav@gmail.com) on 2012-03-10T23:36:33Z No. of bitstreams: 1 The internationalization process of family business_vfinal_Bianca (1).pdf: 1204982 bytes, checksum: 4cd11c9372fa7cdcaee82778cc01b79f (MD5)
Approved for entry into archive by Gisele Isaura Hannickel (gisele.hannickel@fgv.br) on 2012-03-12T13:38:01Z (GMT) No. of bitstreams: 1 The internationalization process of family business_vfinal_Bianca (1).pdf: 1204982 bytes, checksum: 4cd11c9372fa7cdcaee82778cc01b79f (MD5)
Made available in DSpace on 2012-03-12T13:40:15Z (GMT). No. of bitstreams: 1 The internationalization process of family business_vfinal_Bianca (1).pdf: 1204982 bytes, checksum: 4cd11c9372fa7cdcaee82778cc01b79f (MD5) Previous issue date: 2012-02-07
This dissertation aims to identify the family role in the internationalization process of two family businesses: JBS, the world’s largest protein producer and Cutrale one of the world’s leader in the orange juice market. Family businesses have characteristics that are intrinsic to this type of firms. Many of the internationalization reasons or even the way they internationalize has several characteristics that are common among other family businesses. Therefore, through a qualitative research the two case studies were analyzed based on the internationalization and family businesses theories. However, in those companies the role of the family was not a key role on the firms’ internationalization processes. This aroused questions such as whether the size and/ or industry of the company had an impact on the family’s role on the internationalization process of the business. These questions were not the focus of this study but are subsidies for future research.
Essa dissertação procura identificar o papel da família no processo de internacionalização de dois negócios familiares: JBS, a maior empresa de proteína animal do mundo e Cutrale um dos líderes mundiais no mercado de suco de laranja. Empresas familiares possuem características que são intrínsecas a esse tipo de empresa. Muitos dos motivos de se internacionalizar ou mesmo o modo como eles se internacionalizam podem ser extremamente característicos. Assim, através de uma pesquisa qualitativa, os dois estudos de caso foram analisados baseados em teorias de internacionalização de empresas familiares. Porém, nessas companhias estudadas, a família não desempenhou um papel relevante no processo de internacionalização das mesmas. Com esses resultados, questões surgiram, como por exemplo, se o tamanho ou segmento da empresa tiveram um impacto na importância do papel que a família possui no processo de internacionalização. Essas questões não eram o foco do estudo porém fornecem muitos subsídios para uma próxima pesquisa.

APA, Harvard, Vancouver, ISO, and other styles

48

Wong, Ching-yee Christine, and 王靜儀. "Psychic distance and internationalization among Hong Kong Chinese family businesses." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2002. http://hub.hku.hk/bib/B31243745.

Full text

APA, Harvard, Vancouver, ISO, and other styles

49

Hienerth, Christoph, and Alexander Keßler. "Measuring Success in Family Businesses: The Concept of Configurational Fit." SAGE Publications, 2006. http://dx.doi.org/10.1111/j.1741-6248.2006.00061.x.

Full text

Abstract:

The problems associated with measuring success in small businesses are primarily caused by a lack of comparable data due to the ambiguity of success and by subjective biases. Success evaluation is dominated by the estimates of business owners, who tend to overestimate overall success and internal strengths. However, reliable success measurement instruments would be useful for small business owners/managers as well as small business policymakers. The main purposes of this article are to compare various measures of success, to explore the differences in their outcomes, and to analyze whether a model of success measurement using configurational fit can be used to overcome subjective biases. The study is based on a recent survey of 103 small family-owned businesses in the eastern Austrian border region. Our analysis of the data confirmed the existence of the measurement problems mentioned above. While some individual indicators show significant biases as well as effects due to company age, size and industry, the aggregated indicator based on the concept of configurational fit seems to be an appropriate means of overcoming most of these drawbacks.(author's abstract)

APA, Harvard, Vancouver, ISO, and other styles

50

Wong, Ching-yee Christine. "Psychic distance and internationalization among Hong Kong Chinese family businesses /." Hong Kong : University of Hong Kong, 2002. http://sunzi.lib.hku.hk/hkuto/record.jsp?B25700649.

Full text

APA, Harvard, Vancouver, ISO, and other styles

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

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles