Relevant bibliographies by topics / Non-family firm

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Non-family firm'

Author: Grafiati
Published: 4 June 2021
Last updated: 26 January 2023

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Journal articles on the topic "Non-family firm"

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Neffe, Carolin, Celeste P. M. Wilderom, and Frank Lattuch. "Leader behaviours of family and non-family executives in family firms." Management Research Review 43, no. 7 (January 22, 2020): 885–907. http://dx.doi.org/10.1108/mrr-12-2018-0468.

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Purpose Several studies of family firm failures have pointed to non-family members in leading positions as a reason. However, non-family members have often played a key role in family-firm longevity, while non-family executives’ involvement in family firms is increasing. These non-family executives who (co-)run family firms are thought to require an almost impossible set of behavioural qualities. The aim of this exploratory study is to find out how specific leader behaviours of effective family executives and non-family executives may differ. Design/methodology/approach Based on Dulewicz and Higgs’ (2005) broad leadership frame, the authors draw attention to a large range of behaviours of family-firm executives. In-depth interviews were conducted with successful German executives, both family and non-family ones. Their answers had to contain specific behavioural examples. Findings More behavioural similarities than differences are shown between family- and non-family-based executives. Yet, the self-reflective communicative behavioural qualities of the non-family executives could balance a lack of such qualities among the family-based executives. Based on the three major differences – decision-making style, communication versatility and self-awareness – specific new research propositions are distilled about effective family firm leadership. Originality/value Practical suggestions for recruiting non-family executives are offered. Future quantitative longitudinal research on how to pair specific behavioural qualities of family and non-family based executives that optimise family-firm longevity is urgently needed.
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Ntoung, Lious Agbor Tabot, Helena Maria Santos de Oliveira, Benjamim Manuel Ferreira de Sousa, Liliana Marques Pimentel, and Susana Adelina Moreira Carvalho Bastos. "Are Family Firms Financially Healthier Than Non-Family Firm?" Journal of Risk and Financial Management 13, no. 1 (December 29, 2019): 5. http://dx.doi.org/10.3390/jrfm13010005.

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This study examines the whether or not family firms are financially healthier than non-family in terms of capital structure and leverage. It therefore takes into consideration the existence of any significant differences between the leverage and risk choices of family and non-family firms. Using a panel data set of 888 firms and 7104 firm-year observations of unlisted small and medium size firms over the period 2007–2014, we present that family owned businesses have lower financial structure than those of non-family owned businesses. This indicates that most family firms use less debt financing than non-family firms, and as such maintain a lower level of debt. Secondly, family firms demonstrate lower risk as illustrated by the Altman Z-score. The Altman Z-score scale illustrates a contrary relationship of significance with respect to family firms and their counterparts in terms of the operation aspect of the business’s risk factors. Family firms managed their business operations with lower risk and are generally healthier financially than their counterpart firms. Lastly, findings from the robust tests for the hypotheses using a sample of bankrupt firms in Iberian Balance sheet Analysis System (SABI) reveal that the proportion of failure of family firms as opposed to their counterpart firms is relatively low. Analyzing the bankruptcy files of firms from 2002 to 2014 shows a considerably low ratio of family firms at the 5% significant level. This affirms that the low risk illustrated in the Altman Z-score regression is consistent to the lower ratio of family firms that were declared bankrupted over the study period, which makes Spain an important case in this study.
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Kang, Hyung Cheol, and Jaemin Kim. "Why do family firms switch between family CEOs and non-family professional CEO?" Review of Accounting and Finance 15, no. 1 (February 8, 2016): 45–64. http://dx.doi.org/10.1108/raf-03-2015-0032.

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Purpose – This study aims to examine whether a switching decision between a family CEO and a non-family professional CEO has a different effect on firm performance and what determines such a decision by family firms. Design/methodology/approach – This study uses multiple regressions, Probit and univariate analyses, based the sample of family-controlled Chaebol firms in Korea for the 11-year period from 2001 to 2011. Findings – Evidence found was consistent with the family entrenchment hypothesis: firms experiencing declining Q value are more likely to replace family CEOs with non-family CEOs, and that these firms, having switched to non-family CEOs, exhibit an improvement in firm performance as measured by the change in Q value. On the other hand, for those firms that replace non-family CEOs with family member CEOs, no evidence was found that the switching decision either decreases or increases firm performance. The results of Probit and univariate analyses suggest that firms switching to family CEOs tend to be larger, stock-exchange listed and more “central”, with more cash flow rights held by the controlling families and with relatively more equity holdings in the other affiliated firms of the same Chaebol group. In contrast, firms switching to non-family CEOs tend to be smaller, unlisted and less “central”, with less equity holdings in the other affiliated firms of the same Chaebol group. Originality/value – This study sheds light on the different value implications and determinants of a decision between “family CEO” and “non-family CEO”.
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Navarro, María Sacristán, and Silvia Gómez Ansón. "Do families shape corporate governance structures?" Journal of Management & Organization 15, no. 3 (July 2009): 327–45. http://dx.doi.org/10.1017/s1833367200002650.

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AbstractThis paper provides empirical evidence of family firm corporate governance structures, by examining a set of corporate governance characteristics of 132 non-financial Spanish listed firms. Results show that family firm boards present differential characteristics and that different patterns of family ownership configurations do not affect family firm corporate governance structures. We find that Spanish family firm boards are smaller than those in non-family firms. Family firm directors own a larger fraction of firm shares and have longer Chairman tenure than non-family firms, and family firms use fewer voluntary board committees – such as nomination and remuneration committees and executive committees. Besides, family firm boards and committees are biased towards insiders. Whether these differential characteristics affect other minority non-family shareholders negatively remains an open question.
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Navarro, María Sacristán, and Silvia Gómez Ansón. "Do families shape corporate governance structures?" Journal of Management & Organization 15, no. 3 (July 2009): 327–45. http://dx.doi.org/10.5172/jmo.2009.15.3.327.

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AbstractThis paper provides empirical evidence of family firm corporate governance structures, by examining a set of corporate governance characteristics of 132 non-financial Spanish listed firms. Results show that family firm boards present differential characteristics and that different patterns of family ownership configurations do not affect family firm corporate governance structures. We find that Spanish family firm boards are smaller than those in non-family firms. Family firm directors own a larger fraction of firm shares and have longer Chairman tenure than non-family firms, and family firms use fewer voluntary board committees – such as nomination and remuneration committees and executive committees. Besides, family firm boards and committees are biased towards insiders. Whether these differential characteristics affect other minority non-family shareholders negatively remains an open question.
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F. Simões Vieira, Elisabete. "The effect on the performance of listed family and non-family firms." Managerial Finance 40, no. 3 (March 4, 2014): 234–53. http://dx.doi.org/10.1108/mf-06-2013-0134.

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Purpose – The purpose of this paper is to examine whether the ownership of public firms is related to accounting and market performance, comparing family and non-family listed firms. Design/methodology/approach – The paper uses regression analysis, considering a sample of Portuguese family and non-family firms (NFF) for the period between 1999 and 2010. Findings – Overall, the results show that family firms (FF) are older, are more indebted and have higher debt costs than NFF. However, they present lower levels of risk. The evidence suggests that FF outperform NFF when the author considers a market performance measure. The market performance of family-controlled firms is more sensitive to the crisis periods and age, compared to their counterparts. The empirical findings suggest that under economic adversity, the performance is especially compromised by the firms' age. Research limitations/implications – A limitation of this study is the small size of the sample, which derives from the small size of the Portuguese stock market, the Euronext Lisbon. Originality/value – This paper offers some insights on the ownership of public firms and firm performance by investigating a small European economy. The study also contributes to the stream of firm performance, considering new independent variables as determinants of firm performance, such as operational risk. Finally, the study examines the interaction between ownership and performance under both steady and adverse economic conditions, giving the opportunity to analyze whether firm performance differs according to market conditions.
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Garcés-Galdeano, Lucia, and Carmen García-Olaverri. "How important is family involvement for small companies’ growth?" Journal of Small Business and Enterprise Development 27, no. 4 (May 28, 2020): 531–54. http://dx.doi.org/10.1108/jsbed-06-2019-0190.

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PurposeOur paper seeks to further understand how family involvement in management influences firm growth.Design/methodology/approachUsing a sample of small high-tech firms, we classify three different types of firms: family firms managed by family-CEOs, family firms managed by non-family CEOs and non-family firms.FindingsConsistent with our expectations, we show that firms managed by family-CEOs have less firm growth in comparison with the other two groups. When the family firm is managed by non-family CEOs, the presence of another family member in management positions has a negative impact on firm growth. Finally, we found that founder-led family firms have better firm growth than descendant-led family firms.Research limitations/implicationsImplications for the theory of family firms are discussed.Originality/valueThe value of the present study is to analyse in depth the heterogeneity of the family business trying to close the gap by exploring the effect of family involvement on small firm growth. Thus, we will find different behaviours of these family companies, depending on the family member’s presence in management positions.
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Huang, Xuan, and Fei Kang. "Are family firms more optimistic than non-family firms?" Accounting Research Journal 32, no. 3 (September 27, 2019): 399–416. http://dx.doi.org/10.1108/arj-07-2017-0111.

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Purpose The purpose of this study is to investigate how family ownership affects the disclosure tone of firm earnings press releases. Design/methodology/approach Following prior literature, this study defines family firms as those in which members of the founding families continue to hold positions in top management, to sit on the board or to be blockholders. The disclosure tone of earnings press releases is measured by the level of optimism in firms’ earnings announcements using Loughran and McDonald’s (2011) word classifications. Multivariate analysis is performed to examine the impact of family ownership on firms’ disclosure tone. Additional analysis includes controlling for different firm-level characteristics and using alternative measures of disclosure tone. Findings This study documents that the disclosure tone of earnings announcements is more optimistic for family firms than for non-family firms. The result implies that family owners’ large undiversified equity position in their business results in strong incentives for them to issue more positive earnings announcements to maintain high stock performance. Further analysis reveals that the results are mainly driven by family firms with founder CEOs. The results are robust to controls for corporate governance characteristics and to alternative measures of corporate disclosure tone. Originality/value The findings of this study contribute to the literature that examines factors associated with the determinants of the tone in firms’ earnings announcements. In addition, this study adds to the extant literature on family firms by providing useful insight into the influence of family control on corporate voluntary disclosure.
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Biswas, Pallab K., Helen Roberts, and Rosalind H. Whiting. "The impact of family vs non-family governance contingencies on CSR reporting in Bangladesh." Management Decision 57, no. 10 (November 11, 2019): 2758–81. http://dx.doi.org/10.1108/md-11-2017-1072.

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Purpose Based on the socioemotional wealth (SEW) perspective and agency theory, the purpose of this paper is to examine how the introduction of the 2006 Corporate Governance (CG) Guidelines and family governance affected the level of the corporate social responsibility (CSR) reporting of non-financial companies in Bangladesh. Design/methodology/approach The authors use multivariate regression to analyse 2,637 firm-level annual observations, from 1996 to 2011 annual reports of Bangladeshi publicly listed non-financial-sector companies, to investigate how firm-level CG quality affects CSR disclosure in family and non-family firms. Findings CG quality significantly increases the level of CSR disclosure and this relationship is stronger prior to the new CG Guidelines. Family firms’ CSR reporting levels are significantly lower than non-family firms’, and this effect is stronger after the change in the CG Guidelines. CEO duality, the presence of an audit committee and profitability improve family-firm CSR reporting in Bangladesh, while non-family CSR disclosures are positively associated with board size and firm competition. Board independence is not related to CSR disclosure. Originality/value The authors provide evidence of the benefit of the CG Guidelines’ introduction on company CSR disclosure in an emerging economy and the importance of specific governance mechanisms that differentiate family and non-family-firm CSR disclosures in Bangladesh using a SEW framework.
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Nikolov, Atanas Nik, and Yuan Wen. "Does family involvement matter post IPO? Adding value through advertising in family firms." Journal of Family Business Management 8, no. 3 (October 8, 2018): 218–34. http://dx.doi.org/10.1108/jfbm-01-2018-0002.

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PurposeThis paper brings together research on advertising, family business, and the resource-based view (RBV) of the firm to examine performance differences between publicly traded US family vs non-family firms. The purpose of this paper is to understand the heterogeneity of family vs non-family firm advertising after such firms become publicly traded.Design/methodology/approachThe authors draw on the RBV of the firm, as well as on extensive empirical literature in family business and advertising research to empirically examine the differences between family and non-family firms in terms of performance.FindingsUsing panel data from over 2,000 companies across ten years, this research demonstrates that family businesses have higher advertising intensity than competitors, and achieve higher performance returns on their advertising investments, relative to non-family competitors. The results suggest that the “familiness” of public family firms is an intangible resource that, when combined with their advertising investments, affords family businesses a relative advantage compared to non-family businesses.Research limitations/implicationsFamily involvement in publicly traded firms may contribute toward a richer resource endowment and result in creating synergistic effects between firm “familiness” and the public status of the firm. The paper contributes toward the RBV of the firm and the advertising literature. Limitations include the lack of qualitative data to ground the findings and potential moderating effects.Practical implicationsUnderstanding how family firms’ advertising spending influences their consequent performance provides new information to family firms’ owners and management, as well as investors. The authors suggest that the “familiness” of public family firms may provide a significant advantage over their non-family-owned competitors.Social implicationsThe implications for society include that the family firm as an organizational form does not need to be relegated to a second-class citizen status in the business world: indeed, combining family firms’ characteristics within a publicly traded platform may provide firm performance benefits which benefit the founding family and other stakeholders.Originality/valueThis study contributes by highlighting the important influence of family involvement on advertising investment in the public family firm, a topic which has received limited attention. Second, it also integrates public ownership in family firms with the family involvement–advertising–firm performance relationship. As such, it uncovers a new pathway through which the family effect is leveraged to increase firm performance. Third, this study also contributes to the advertising and resource building literatures by identifying advertising as an additional resource which magnifies the impact of the bundle of resources available to the public family firm. Fourth, the use of an extensive panel data set allows for a more complex empirical investigation of the inherently dynamic relationships in the data and thus provides a contribution to the empirical stream of research in family business.
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Dissertations / Theses on the topic "Non-family firm"

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Sibhatu, Temesgen, Dalia Garsa Mahmod Mahmod, and Goran Rubil. "Difference in foreign exchange risk management betweem family and non-family owned firms." Thesis, Jönköping University, Jönköping International Business School, 2005. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-150.

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Financial risk as a result of trade in foreign currencies is inevitable for firms that are engaged in international trade. However the decision how to manage this risk differs from one firm to another. This difference can be a result of the type of ownership in the individual firm.One of the classifications of the type of firms that have different can be categorized as family firms and non-family firms.

Studies have showen that family firms differ in their use of control systems and financial management techniques. The difference is explained by the type of ownership. As a consequence of the differences, family and non-family firms may differe in their decision making with respect to foreign risk management.

This thesis compaires the practice of foreign exchange risk management in family and non-family firms.the objective is to asses if family firms and non-family firms differe in their decision making to currency exposure management. The effect of the involvement of family members in the management of currency risk will also be addressed.

Finaly, the paper will provide some recommandetions to firms exposed to foreign exchange risk.

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Vincent-Ponroy, Julia. "Family Firms’ organizational identity and non-family employees, a case study." Thesis, Université Paris-Saclay (ComUE), 2016. http://www.theses.fr/2016SACLH016.

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Cette thèse explore l’identité organisationnelle des entreprises familiales à travers le prisme des employés non familiaux. L’identité familiale de ces entreprises constitue pour elles à la fois un atout – « action intangible » difficilement imitable – et en même temps un enjeu, puisque l’imprégnation de la famille et de ses valeurs au sein de l’entreprise pose question à mesure que sa croissance l’amène à intégrer des membres extérieurs. Cet enjeu est d’autant plus sensible que la famille dirigeante cherche souvent à maintenir son influence identitaire sur l’entreprise, leurs histoires et réputations respectives étant intimement liées. Pour autant, peu de travaux ont jusqu’à présent étudié le rôle des employés non-familiaux dans l’identité de ces entreprises. Cette thèse interroge la façon dont les employés non-familiaux contribuent à la perpétuation de l’identité familiale de l’entreprise, à travers l’étude du cas d’une entreprise familiale française. Trois résultats principaux découlent de ce travail. D’abord, l’exploration des perceptions identitaires des employés non-familiaux révèle que la famille est, à leurs yeux, indissociable des éléments caractérisant leur entreprise. Les mécanismes conduisant à ces perceptions sont ensuite examinés : incarnation, rappel, diffusion et adaptation sont identifiés comme « amenant » dans l’entreprise une image spécifique de la famille, de ses valeurs et de son rôle. Ensemble, ils constituent le processus de « familisation » de l’entreprise. Enfin, une typologie est proposée pour classer les employés non familiaux selon leurs motivations et capacité à contribuer à ces mécanismes. Deux catégories d’employés (les adoptés et les convertis) jouent un rôle déterminant dans ces mécanismes. Occupant une place prédominante dans le top management, ils utilisent cette famille comme outil de management ayant une fonction d’exemple incarnant un système de valeurs qu’ils associent à la Famille comme entité générique. Les apports théoriques et pratiques, ainsi que les limites de ces résultats sont discutés en conclusion
This dissertation explores family firms’ organizational identity from a non-family member’s perspective. The family identity of these firms constitutes both an intangible asset, that is difficult to imitate – and a crucial stake as during their growth process, family firms incorporate external members who tend to progressively represent the majority of the payroll. This stake is even more salient as owning families aim at durably influencing their firms’ identity since the family’s and the firm’s history and reputation are interrelated. However, the role of non-family members’ in the family firm’s identity has not been directly investigated by researchers so far. My dissertation aims at filling in this gap, by investigating the way non-family members contribute to enacting the family identity of the firm. The case study I conducted in a French family firm leads me to formulate three main sets of results. First, the exploration of non-family members’ perceptions of the firm reveals that they associate what they consider to be the core attributes of the firm with the owning family. Secondly, I investigate the mechanisms leading to such perceptions and identify that the family’s image and values are “brought” into the organization through four mechanisms – embodiment, reminding, spreading and adaptation – that together constitute the overall process of “familization” of the firm. Lastly, I suggest a typology of non-family members depending on their motives for contributing to “familization” mechanisms. Two categories (the adopted and the converted) play a crucial role in these mechanisms. Moreover, I show that the top management is composed of adopted and converted, who use this specific family of owners as a managerial tool having a role-modeling function. They do it because they perceive this family as embodying an axiology that is symbolized by the Family – as a generic entity –, an axiology that they consider to be valuable in an organizational context. The theoretical and practical contributions of these results are discussed
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Schwarz, Patrick. "Capital Structure and Profitability in German Family Firms : An Investigation of stock market listed family and non-family firms." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2014. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-260101.

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Boström, Sofia, and Emelie Lund. "Compensation and Rewards : - A Family firm CEO's perspective." Thesis, Internationella Handelshögskolan, Jönköping University, IHH, Företagsekonomi, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-48582.

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Background/Problem: The financial crisis in 2008 affected the whole economy and the CEO's compensation was one of the factors causing this crisis. Although, it is now years after the onset of the financial crisis, the CEO’s compensation is still an ongoing topic of debate and, for this reason, vital to study. According to literature, non-family CEOs are more likely to emphasize financial performance rather than socioemotional objectives and returns. On the contrary, family CEOs are more motivated by socioemotional wealth and non-financial goals. Taking these viewpoints into consideration, this study examines how CEOs in family firms view and value compensation and rewards. Purpose: This study aims to explore how family CEOs view and value compensation and rewards, in comparison to non-family CEOs in family firms. Method: This study is conducted using a qualitative method and utilizing semi-structured interviews. Five family firms participate in this study and they comprise of 4 family CEOs and 1 non-family CEO. Conclusion: The findings of this study support the idea that family CEOs view and value compensation and rewards in other terms than just financial value. Moreover, the evidence points to that the non-family CEO is more connected to financial factors. Weighing together the evidence from this study there is a difference regarding how family CEOs and non-family CEOs view and value compensation and rewards. Additionally, based on this research, SEW exists within family firms. The findings in this study contribute to the current knowledge in designing compensation packages for CEOs in family firms. Moreover, this study is the first step towards enhancing our understanding of how CEOs view and value compensation and rewards.
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Malbasic, Damjan, and Christina Purtscheller. "Blood is Thicker Than Water : An Examination of the Exclusion of Non-Family Managers in Family Firms." Thesis, Högskolan i Jönköping, Internationella Handelshögskolan, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-27002.

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In this thesis we show how and why non-family managers are excluded in family firms. Additionally, we depict the implications of exclusion on an individual as well as a business level. The literature framework that consists of literature from family business and organizational as well as socio-psychological studies lays the foundation for our qualitative empirical research. A method triangulation of semi-structured interviews and vignettes, based on empirical material from seven cases, is applied to understand the exclusion of non-family managers. Our findings suggest that exclusion is prevailing in family firms. Hereby, family members as well as non-family managers can be the ones excluding. We identified six main categories why exclusion of non-family managers happens. Exclusion can be based on the family’s values and norms, exclusive knowledge of a family member, the need of quick decision making, the need of secrecy, the manager’s professional values and norms, as well as the manager’s personal values and norms. Further, exclusion can take place in formal and informal selective arenas, through formal and informal breach of agreements, through structural and cultural hindrances, as well as through differences between enacted and espoused values. Moreover, we reveal several implications exclusion has on an individual and on a business level. The findings contribute to the theoretical and managerial understanding of exclusion in family firms. Thus, increasing the awareness of its existence in family firms. Additionally, we contribute to current research about exclusion in family firms by providing more insights into the complex phenomenon. This thesis is of interest to any individual in a leading position in family firms, as well as academics in the research field of family businesses.
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Harun, Pitra C. "Founding-Family Ownership and Firm Performance: Evidence From Indonesia." Scholarship @ Claremont, 2015. http://scholarship.claremont.edu/cmc_theses/1108.

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In my study, I examine the relationship between founding family ownership and firm performance. Using publicly listed companies in Indonesia, I observe families are much more prevalent than in the US; in my sample, families are present in over 60% of Indonesian listed companies and families own an average outstanding equity of 50.4%. Contrary to previous literatures, I present new evidence to show founding family ownership and control is a more efficient form of ownership structure only when the family is a majority-shareholder in the company. Additional investigations shows that founding family ownership has a U-shaped quadratic relationship with firm performance, indicating that an increase in family ownership is initially associated with worsening firm performances, but is then associated with improving firm performances after passing a certain level of equity ownership.
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Savoni, Peter. "Intra-family succession goals : perceptions of the dominant coalition of small private family firms." Thesis, De Montfort University, 2016. http://hdl.handle.net/2086/13113.

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Intra-family succession is the transfer of management, leadership and/or control of the business from one family member to another, and has been a core topic in family business research (Debicki, Matherne, Kellermanns, and Chrisman, 2009). Family firm researchers have suggested that family firms have a strong desire toward economic and non-economic goals (Kotlar and De Massis, 2013). However, how these goals fit into the strategic management decision of intra-family succession has not been explored by researchers (Chrisman, Kellermanns, Chan, and Liano, 2010). The purpose of this study is to identify and explain the importance of the goals that small private family firms expect to achieve through intra-family succession that cannot be achieved through non-family succession as “success in strategic management, including the management of intra-family succession, must be measured in terms of goal achievement” (De Massis, Sharma, Chua, and Chrisman, 2012, p. 30). To examine why intra-family succession goals (IFSGs) are important, this study relies on the psychological personality constructs of generativity (concern for guiding and establishing the next generation) and narcissism (an individual’s self-assurance, self-esteem and satisfaction with oneself). The respondents of this study are those family members who make up the dominant coalition (founders, incumbents, and potential successors) of the family firm. Only those firms where the family has the ability to influence firm behavior, and the intention (willingness) for intra-family succession, are included in this study. Qualitative data was collected to identify IFSGs, and these IFSGs are used in the development of the structured questionnaire. Fourteen IFSGs were identified from the qualitative phase of the study. The data collected from the structured questionnaire was subject to various statistical methods. The results suggest that the dominant coalition of small private family firms considered each IFSG as important, and that generativity and narcissism partially explain why these goals are important. The findings suggest that gender and the individual’s role within the dominant coalition influence the hypothesized relationship between IFSGs and generativity, and the IFSG of legacy and narcissism. This research provides several analytical, methodological and theoretical contributions and paves the way for further theoretical and empirical enquiry into intra-family succession of small private family firms.
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Keilani, Mohamed, and Markos Kokkinos. "Familjeföretag : En jämförande studie mellan familjeföretag och icke-familjeföretag med avseende på prestation." Thesis, Södertörns högskola, Institutionen för samhällsvetenskaper, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:sh:diva-19512.

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Syftet med denna studie är att ta reda på huruvida det föreligger en skillnad i företagsprestation mellan familjeföretag och icke-familjeföretag. För att göra detta har en kvantitativ metod tillämpats. Undersökningsåren är 2003-2011 och företagen som har undersökts har varit små och medelstora företag på den svenska marknaden. Slutsatsen är att det inte föreligger någon prestationsskillnad mellan familjeföretag och icke-familjeföretag.
The purpose with this study is to find out whether there is a difference in firm performance between family firms and non-family firms. In order to fulfill the purpose we have used a quantitative method. The examined period was 2003-2011 and the investigated firms have been small and medium sized firms on the Swedish market. The conclusion drawn is that there is no significant difference in the firm performance between family firms and non-family firms.
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Rupprecht, Maximilian Fred [Verfasser], Alwine [Akademischer Betreuer] [Gutachter] Mohnen, and Isabell M. [Gutachter] Welpe. "Family Businesses: Understanding non-family managers’ discretion, goal diversity, and intra-firm heterogeneity / Maximilian Fred Rupprecht ; Gutachter: Alwine Mohnen, Isabell M. Welpe ; Betreuer: Alwine Mohnen." München : Universitätsbibliothek der TU München, 2016. http://d-nb.info/1137010428/34.

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Neff, John E. "Cultural Factors: Entrepreneurial Orientation or Not-Here Comes Innovation in Small to Medium Sized Enterprises." Case Western Reserve University Doctor of Management / OhioLINK, 2011. http://rave.ohiolink.edu/etdc/view?acc_num=casedm1568628518748942.

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Books on the topic "Non-family firm"

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Helmut, Lübke, Zuber Anne, Willenbrock Harald, and Albert Sigrun, eds. Home is where the heart is: Warum wir wohnen, wie wir wohnen ; eine Hommage zum 50-jährigen Jubiläum von COR = Why we live the way we live : an homage on the occasion of COR's 50th anniversary. [Ludwigsburg: Avedition, 2004.

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Poutziouris, P. The demographic differences between family and non-family firms: Evidence from the UK small-medium size enterprising sector. Manchester: Manchester Business School, The University of Manchester, 1997.

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Chamberlain, Richard. Shattered Love: A Memoir. Waterville, Me: Thorndike Press, 2003.

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Chamberlain, Richard. Shattered Love: A Memoir. New York, USA: Regan Books: an imprint of HarperCollins Publishers, 2003.

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Howorth, Carole, Mary Rose, and Eleanor Hamilton. Definitions, Diversity and Development: Key Debates in Family Business Research. Edited by Anuradha Basu, Mark Casson, Nigel Wadeson, and Bernard Yeung. Oxford University Press, 2009. http://dx.doi.org/10.1093/oxfordhb/9780199546992.003.0009.

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This article begins with an examination of definitions of family firms. The debate about what constitutes a family firm is every bit as complex as the definition of an entrepreneur. This article explores the range of definitions but shows that any definition needs to be interpreted in its economic, social, institutional, and cultural context. An explanation for the multiplicity of definitions is provided in in this article, which explores the diversity in scale, scope, organization, and longevity of family firms, and shows differences through time in different societies and between families. The article also demonstrates the strong path dependency of family firm development, with change (or lack of it) underpinned by the foundations of the past. The article further explores research which compares the performance of family firms with non-family firms and this highlights the potential policy implications of family business research.
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Gottardo, Pietro. Capital Structure, Earnings Management, and Risk of Financial Distress: A Comparative Analysis of Family and Non-family Firms. Springer, 2018.

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Ferri, Giovanni, and Angelo Leogrande. Entrepreneurial Pluralism. Edited by Jonathan Michie, Joseph R. Blasi, and Carlo Borzaga. Oxford University Press, 2017. http://dx.doi.org/10.1093/oxfordhb/9780199684977.013.2.

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Economic manuals and the policy debate are generally permeated by the assumption that there is an archetypical form of enterprise: the private limited company, often viewed as a public company. Instead, enterprise forms differing from the archetype are viewed as anomalous, possibly the result of unstable constructions waiting to evolve into public companies. However, reality tells us that entrepreneurial pluralism is the norm rather than the exception, and that those non-archetype enterprises do not disappear, and often thrive. Furthermore, progress in the theories of industrial organization, corporate governance, stakeholder inclusion, and the common goods all seem to suggest that entrepreneurial pluralism may be welfare enhancing. Against this background, we draw on the literature with the purpose of shedding light on the potential causes and effects of entrepreneurial pluralism. Specifically, we focus on mutual producer/consumer associations, social enterprises, co-operative enterprises, and family firms.
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Gardner, Colin. Louis Malle’s Kleistian War Machine: Becoming-Animal, Becoming-Woman, Becoming-Imperceptible in Black Moon (1975). Edinburgh University Press, 2018. http://dx.doi.org/10.3366/edinburgh/9781474422734.003.0005.

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Framed through an analysis of Kleist’s molecular war machine in his play, Penthesilea, in which Achilles and Penthesilea form a new assemblage of affective war, this chapter explores Louis Malle’s Black Moon (1975) where the battle of the sexes becomes the catalyst for a new series of becomings. The film takes the form of a waking dream as a teenage fugitive, Lily is led through a series of depersonalized movements by a unicorn to a secluded Dordogne farm where Kleist’s utopian “mad duality” is manifested though a strange, non-Oedipal family dynamic in which a mute brother and his sheep-herding sister – both also called Lily – live with a group of naked children and a bedridden elderly woman whose companion is a talking rat and where the animals are treated as equal agencies in the narrative. Although by film’s end Brother and Sister Lily become caught up in the ravages of a gender war, teenage Lily inherits this ‘deterritorialized velocity of affect’ by adopting the role of the breastfeeding mother to the unicorn, all in relation to the becoming multiplicity of the pack: in short, a true war machine that envelops both protagonists and spectators alike in a transformed zone of indiscernibility.
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Bronner, Simon J., ed. Jewishness. Liverpool University Press, 2008. http://dx.doi.org/10.3828/liverpool/9781904113454.001.0001.

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This book proposes that the idea of ‘Jewish’, or what people think of as ‘Jewishness’, is revealed in expressions of culture and applied in constructions of identity and representation. Part I considers how the kabbalistic red string found at sites throughout Israel conveys a political and psychological response to terrorism. It examines Jewish and non-Jewish narratives concerning a synagogue in eastern Europe and looks at expressions of cultural continuity in displaced persons camps in the aftermath of the Holocaust. It then discusses how Jewish folk music was presented as high art in early twentieth-century Germany. Part II enquires how the objects taken by emigrants leaving Germany for Palestine after Hitler's rise to power represented their identities. It examines how survivors' narratives become integrated into family identities and offers close readings of how the identities of Jews as enacted in post-perestroika films highlight conflicting Russian attitudes towards Jews. It then considers commercial establishments as ‘sacred spaces’ for Jewish secular identities. Part III opens with stories collected in Israel from Jews who lived in Carpatho-Russia. It then considers the characterization of the Jewish woman in French literature and decodes the Jewishness of modern radio comedy and Hollywood film. The idea of Jewishness is applied in the volume with provocative interpretations of Jewish experience, and fresh approaches to the understanding of Jewish cultural expressions.
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Horlock, Douglas. The Films of Delmer Daves. University Press of Mississippi, 2022. http://dx.doi.org/10.14325/mississippi/9781496838841.001.0001.

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Although Delmer Daves was a prolific director and screenwriter during Hollywood’s ‘Golden Age,’ there has been little serious analysis of his work. Regarded as a director of non-reflective action movies, author and director Bertrand Tavernier concluded that he was the most forgotten of American directors. More recent publications which consider his better known films have initiated more sustained appreciation of Daves as a film-maker, but to date, no scholarly monograph has examined his full body of work. This comprehensive study considers all his films, as well as screenplays written for other directors, and advocates his status as a distinctive, creative and enlightened artist. More specifically, it is proposed that Daves’s vision is consistent with the ideals of American Progressivism, which was a movement that had its roots in the 1890s and which re-emerged at different times in the twentieth century, including when the infamous HUAC hearings exerted severe pressures on Hollywood to conform to particular social and political values. His films are discussed in relation to changing racial attitudes in the 1950s, and it is argued that they question the utility of Hollywood’s conventional approach to issues of gender, including portrayal of women, family, and sexual relationships as well as images of masculine attitudes and behaviour. Irrespective of genre, evidence of a level of consistency in outlook and theme is identified which testifies to the presence of an artist with a clear vision of a more fair and equal America.
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Book chapters on the topic "Non-family firm"

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Rosina, Margarete. "Study 2: Family firms and consumer happiness: Are consumers of family firm products happier than consumers of non-family firm products?" In Familienunternehmen und KMU, 111–50. Wiesbaden: Springer Fachmedien Wiesbaden, 2017. http://dx.doi.org/10.1007/978-3-658-19699-8_5.

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Campopiano, Giovanna, Alfredo De Massis, and Josip Kotlar. "Environmental Jolts, Family-Centered Non-economic Goals, and Innovation: A Framework of Family Firm Resilience." In The Palgrave Handbook of Heterogeneity among Family Firms, 773–89. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_28.

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Acquaah, Moses, Kwasi Amoako-Gyampah, and Jayanth Jayaram. "Human Resource Management and Market Orientation Strategies in Family and Non-family Firms in Ghana: How Do They Relate to Competitive Strategy and Firm Performance?" In Family Businesses in Sub-Saharan Africa, 123–53. New York: Palgrave Macmillan US, 2016. http://dx.doi.org/10.1057/978-1-137-36143-1_5.

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Amato, Stefano, Mikaela Backman, and Juhana Peltonen. "Are family firms more locally embedded than non-family firms?" In Family Business and Regional Development, 140–56. 1 Edition. | NY: Routledge, 2020. | Series: Routledge advances in regional economics, science and policy: Routledge, 2021. http://dx.doi.org/10.4324/9780429058097-11.

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Murithi, William, and Kassa Woldesenbet Beta. "Comparing family and non-family firms’ strategic effects on regional development." In Family Business and Regional Development, 177–92. 1 Edition. | NY: Routledge, 2020. | Series: Routledge advances in regional economics, science and policy: Routledge, 2021. http://dx.doi.org/10.4324/9780429058097-14.

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Ying, Qianwei, Jiahui Lyu, and Yui Kann. "Non-family Chairman in Family Firms and Information Disclosure Quality: Evidence from China." In Proceedings of the Fifteenth International Conference on Management Science and Engineering Management, 838–50. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-79203-9_63.

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Seaman, Claire, Richard Bent, and Mauricio Silva. "Family Values: Influencers in the Development of Financial and Non-financial Dynamics in Family Firms." In The Palgrave Handbook of Heterogeneity among Family Firms, 507–30. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-77676-7_19.

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Singh, Amit Kumar, Amiya Kumar Mohapatra, Varda Sardana, and Shubham Singhania. "Impact of Internationalization on Financial Performance: A Study of Family and Non-Family Firms." In Advances in Management Research, 195–209. Boca Raton, FL: CRC Press/Taylor & Francis Group, 2020. | Series: Mathematical engineering, manufacturing, and management sciences: CRC Press, 2019. http://dx.doi.org/10.1201/9780429280818-15.

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Arslan, Muhammad. "Effect of Ownership Structure on Firm Performance Evidence From Non-Financial Listed Firms." In Research Anthology on Strategies for Maintaining Successful Family Firms, 296–323. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-6684-3550-2.ch013.

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In modern organizations, there is a separation between ownership and control of the firm. On the lenses of agency theory, this study statistically examines the relationship between ownership structure (i.e., ownership concentration and owner identity) and firm performance of non-financial listed firms of Pakistan by taking firm-level control variables of size, age, liquidity, financial leverage, and growth of the firm. Secondary data is collected from annual reports of 65 non-financial listed firms for the year 2008 to 2012. The least-square dummy variable model followed by the random effect model has been employed to statistically determining the impact of ownership structure on firm performance. The results of the least square dummy variable model reveal that the ownership concentration has a significant positive impact on firm performance. The owner identity (such as dispersed, family, institutional, and government ownership) has a significant causal effect on firm performance as indicated from t and p values.
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Ballal, Juili Milind, and Varadraj Bapat. "Socioemotional Wealth and Its Effect on Family Firm Performance." In Handbook of Research on the Strategic Management of Family Businesses, 201–27. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-2269-1.ch010.

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Family firm is the oldest and the most prevalent type of business entity in the world. A unique feature that sets apart a family business from its non-family counterparts is the Socioemotional Wealth (SEW). Preservation of SEW among family firms is of paramount importance. Various strategic choices including need for innovation and internationalization are influenced by SEW. Studies also show that a family firm's SEW plays an influential role in the firm performance. The This chapter outlines the different scales used to measure SEW, checks the reliability and internal consistency of the existing REI scale in Indian context, investigates the heterogeneity of family firms and understands the effect of different SEW dimensions on firm performance. The findings reveal that SEW has a significant positive effect on firm performance. Contributions of the study and scope for future research are also discussed.
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Conference papers on the topic "Non-family firm"

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Gregar, Aleš. "Employment Choice of Non-family Professionals in Family Firms." In International Scientific Days 2018. Wolters Kluwer ČR, Prague, 2018. http://dx.doi.org/10.15414/isd2018.s5.01.

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Mohd Nor, Leilanie. "Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map." In 18th Annual High Technology Small Firms Conference, HTSF 2010. University of Twente, 2010. http://dx.doi.org/10.3990/2.268473786.

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This is a conceptual paper in exploring the differences in decision making process between family business and non-family business in the construction industry in Malaysia. The understanding of the complexity and dynamics of a family business is becoming more prevalent among researchers. Fast decision making is not only seen as necessary but crucial to ensure speed and efficiency in responding to market opportunities and maneuvering through market uncertainties and tumultuous environment, with the intention to diversify their businesses by finding opportunities towards new venture creation. This study intends to suggest how to simplify decision making and find tactics to have quality decision making. Hence, this study will focus primarily on the decision making process which is mapped against the Bayesian causal map.
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Farkas, Gergely, Éva Málovics, and Beáta Kincsesné Vajda. "BASIC VALUES AND ENTREPRENEURIAL BEHAVIOUR IN FAMILY AND NON-FAMILY SMALL AND MEDIUM-SIZED FIRMS." In 51st International Academic Conference, Vienna. International Institute of Social and Economic Sciences, 2019. http://dx.doi.org/10.20472/iac.2019.051.008.

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

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

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Mullins, William, and Antoinette Schoar. How do CEOs see their Role? Management Philosophy and Styles in Family and Non-Family Firms. Cambridge, MA: National Bureau of Economic Research, September 2013. http://dx.doi.org/10.3386/w19395.

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Weinschenk, Craig, and Jack Regan. Analysis of Search and Rescue Tactics in Single-Story Single-Family Homes Part II: Kitchen and Living Room Fires. UL's Fire Safety Research Institute, May 2022. http://dx.doi.org/10.54206/102376/zkxw6893.

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Prior full-scale fire service research on the residential fireground has focused the impact of ventilation and suppression tactics on fire dynamics. This study builds upon prior research by conducting 10 experiments a purpose-built single-story, single-family residential structure to quantify the im- pact of how search and rescue tactics are coupled with ventilation and suppression actions and timing. Each fully furnished structure included four bedrooms, 2 bathrooms and an open-floor kitchen and living room. The structures were instrumented to quantify post-ignition toxic gas and thermal conditions. Temperature, velocity, and pressure were measured to evaluate the fire dynamics. Gas concentrations and heat fluxes were measured to quantify toxic and thermal exposures. Across this series of experiments, the impact of isolation of fire and non-fire compartments, the timing of search actions relative to suppression actions, and the influence of isolation, elevation, and path of travel during rescue were examined with respect to firefighter safety and occupant tenability. Similar to previous experiments in both purpose-built and acquired structure, the data showed that prior intervention locations lower in elevation and/or behind closed doors had lower toxic gas and thermal exposures compared to locations at higher elevations or locations that were not isolated. Lower elevations were also shown to have lower toxic gas and thermal exposures during the removal of occupants as part of rescue operations. For scenarios where search operations occurred prior to suppression, isolation of spaces from flow paths connected to the fire compartment was shown to be effective at reducing the thermal operating class for firefighters and the toxic and thermal exposure rates compared to spaces that were not isolated. Following isolation, exterior ventilation was found to further reduce the toxic gas and thermal exposures in the protected space. Suppression, from either interior and exterior positions, was effective at reducing the thermal operating class for searching firefighters and the rate of thermal exposure increase to occupants. Following suppression, additional exterior ventilation increased the rate at which gas concentrations returned to pre-ignition levels.
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Weinschenk, Craig. Analysis of Search and Rescue Tactics in Single-Story Single-Family Homes Part I: Bedroom Fires. UL's Fire Safety Research Institute, May 2022. http://dx.doi.org/10.54206/102376/dptn2682.

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Prior full-scale fire service research on the residential fireground has focused the impact of ventilation and suppression tactics on fire dynamics. This study builds upon prior research by conducting 11 experiments a purpose-built single-story, single-family residential structure to quantify the im- pact of how search and rescue tactics are coupled with ventilation and suppression actions and timing. Each fully furnished structure included four bedrooms, 2 bathrooms and an open-floor kitchen and living room. The structures were instrumented to quantify post-ignition toxic gas and thermal conditions. Temperature, velocity, and pressure were measured to evaluate the fire dynamics. Gas concentrations and heat fluxes were measured to quantify toxic and thermal exposures. Across this series of experiments, the impact of isolation of fire and non-fire compartments, the timing of search actions relative to suppression actions, and the influence of isolation, elevation, and path of travel during rescue were examined with respect to firefighter safety and occupant tenability. Similar to previous experiments in both purpose-built and acquired structure, the data showed that prior intervention locations lower in elevation and/or behind closed doors had lower toxic gas and thermal exposures compared to locations at higher elevations or locations that were not isolated. Lower elevations were also shown to have lower toxic gas and thermal exposures during the removal of occupants as part of rescue operations. For scenarios where search operations occurred prior to suppression, isolation of spaces from flow paths connected to the fire compartment was shown to be effective at reducing the thermal operating class for firefighters and the toxic and thermal exposure rates compared to spaces that were not isolated. Following isolation, exterior ventilation was found to further reduce the toxic gas and thermal exposures in the protected space. Suppression, from either interior and exterior positions, was effective at reducing the thermal operating class for searching firefighters and the rate of thermal exposure increase to occupants. Following suppression, additional exterior ventilation increased the rate at which gas concentrations returned to pre-ignition levels.
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Weinschenk, Craig, and Keith Stakes. Analysis of Search and Rescue Tactics in Single-Story Single-Family Homes Part III: Tactical Considerations. UL's Fire Safety Research Institute, May 2022. http://dx.doi.org/10.54206/102376/xsla7995.

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Prior full-scale fire service research on the residential fireground has focused the impact of ventilation and suppression tactics on fire dynamics. This study builds upon prior research by conducting 21 experiments in two identical purpose-built single-story, single-family residential structures to quantify the impact of how search and rescue tactics are coupled with ventilation and suppression actions and timing. Each fully furnished structure included four bedrooms, 2 bathrooms and an open-floor kitchen and living room. The structures were instrumented to quantify post-ignition toxic gas and thermal conditions. Temperature, velocity, and pressure were measured to evaluate the fire dynamics. Gas concentrations and heat fluxes were measured to quantify toxic and thermal exposures. Eleven experiments examined bedroom fires, eight examined kitchen fires, and two examined living room fires. Across this series of experiments, the impact of isolation of fire and non-fire compartments, the timing of search actions relative to suppression actions, and the influence of isolation, elevation, and path of travel during rescue were examined with respect to firefighter safety and occupant tenability. Similar to previous experiments in both purpose-built and acquired structure, the data showed that prior intervention locations lower in elevation and/or behind closed doors had lower toxic gas and thermal exposures compared to locations at higher elevations or locations that were not isolated. Lower elevations were also shown to have lower toxic gas and thermal exposures during the removal of occupants as part of rescue operations. For scenarios where search operations occurred prior to suppression, isolation of spaces from flow paths connected to the fire compartment was shown to be effective at reducing the thermal operating class for firefighters and the toxic and thermal exposure rates compared to spaces that were not isolated. Following isolation, exterior ventilation was found to further reduce the toxic gas and thermal exposures in the protected space. Suppression, from either interior and exterior positions, was effective at reducing the thermal operating class for searching firefighters and the rate of thermal exposure increase to occupants. Following suppression, additional exterior ventilation increased the rate at which gas concentrations returned to pre-ignition levels.
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