The Impact of Family Ownership, Management and Governance on Innovation
The Impact of Family Ownership, Management and Governance on Innovation

Author: Kurt Matzler

Publisher:

Published: 2014

Total Pages: 0

ISBN-13:

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Previous research suggests that the distinctive nature of family firms, including both specific advantages and disadvantages related to their particular agency situation, influences innovation activities. Most studies, however, view family firms as homogeneous entities and thus neglect the heterogeneity of family firms when comparing them to non-family firms. One important factor of this firm heterogeneity is family influence in terms of ownership, management, and governance. A dataset of large German publicly traded firms between 2000 and 2009 is used to test how these three dimensions of family influence predict innovation input and output. The results show that family participation in management and governance has a negative impact on innovation input and a positive influence on innovation output. This suggests that family members are risk averse and reluctant to invest in innovation, but at the same time do so more effectively.

Competitiveness, Organizational Management, and Governance in Family Firms
Competitiveness, Organizational Management, and Governance in Family Firms

Author: Camisón, Cesar

Publisher: IGI Global

Published: 2019-11-22

Total Pages: 459

ISBN-13: 1799816567

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

The Relationship of Leadership and Innovation in Family Businesses
The Relationship of Leadership and Innovation in Family Businesses

Author: Swen Nadkarni

Publisher: Springer

Published: 2016-10-26

Total Pages: 132

ISBN-13: 3658162554

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Swen Nadkarni delivers a systematic review of the literature on factors of leadership, composed of management, ownership and generation, and their influence on innovation in family businesses. For this purpose, he conducts an exhaustive systematic review process to analyze 66 relevant publications from 1997 to 2016. This study contributes to research by comprehensively collecting, analyzing, and synthesizing a large body of literature and knowledge on the relationship of leadership and innovation in family businesses.

The SAGE Handbook of Family Business
The SAGE Handbook of Family Business

Author: Leif Melin

Publisher: SAGE

Published: 2013-11-15

Total Pages: 697

ISBN-13: 1446265935

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

The Family Business Map
The Family Business Map

Author: M. Bennedsen

Publisher: Springer

Published: 2014-09-29

Total Pages: 179

ISBN-13: 1137382368

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Combining the expertise of two consultants and academics from East and West, this book provides an international guide for family businesses, showing how to identify and implement the best governance strategies. Packed with case studies and interviews, this is the ultimate guide for family businesses wanting to achieve long-term success.

Family Business
Family Business

Author: Salvatore Esposito De Falco

Publisher: G Giappichelli Editore

Published: 2016-09-08

Total Pages: 249

ISBN-13: 8892104934

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This manual aims to provide a consistent teaching tool with the educational objectives of the “Family Business Course: Ownership Governance and Management”. At the same time it will also appeal to a wider audience of scholars and, more generally, of readers, to enrich the knowledge of the government of family businesses.Salvatore Esposito De Falco is Professor of Management and he is also Professor of Corporate Governance at the Faculty of Economics, University of Rome “La Sapienza”.He has managed numerous ministerial research programs as Coordinator for Global Management of Research Projects and he is the author of numerous publications in international journals concerning corporate governance, strategic alliances and management of innovation processes.He was visiting scholar at the Department of Management at Baruch College of the City University of New York and at New York University Stern School of Business, as well as visiting professor at Universidad de Huelva, Spain. Moreover, he has been guest editor for three international journals, he participated as Scientific Committee Member in several international conferences and is Editorial Board of six journals (4 international).

Research Anthology on Strategies for Maintaining Successful Family Firms
Research Anthology on Strategies for Maintaining Successful Family Firms

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2021-08-27

Total Pages: 1146

ISBN-13: 1668435519

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

Entrepreneurial Family Businesses
Entrepreneurial Family Businesses

Author: Veland Ramadani

Publisher: Springer Nature

Published: 2020-07-09

Total Pages: 219

ISBN-13: 3030477789

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This book provides an extensive overview of family business-related topics such as context and uniqueness, lifecycle and ownership configurations, conflict management, corporate governance, succession challenges, internationalization, innovation, and socioemotional wealth. Each chapter features clear learning objectives, key concepts and terminology, and dedicated case studies to demonstrate the main messages. The book not only considers the day-to-day dynamics in family businesses, but also places substantial emphasis on the entrepreneurial skills needed for these businesses to survive and thrive, today and tomorrow. In addition, it elaborates and discusses a number of best practice examples, which offer valuable guidance not only for scholars, but also for students who wish to study these challenges.

Management Controlling and Governance of Family Businesses
Management Controlling and Governance of Family Businesses

Author: Antonio Leotta

Publisher: Springer Nature

Published: 2020-08-18

Total Pages: 228

ISBN-13: 303047741X

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This book addresses a selection of major topics in family businesses, namely ‘managerialization’ and ‘professionalization’, succession, internationalization, access to financial markets, and how governance and control systems can help family firms respond to common problems inherent in the business. Written by prominent experts, the respective chapters highlight the interactions between these topics in order to develop a systems view of the distinctive challenges, and of the potential roles that governance and control systems can play in these contexts. The book is divided into two main parts, the first of which reviews the current literature and develops a comprehensive theoretical framework. Based on these theoretical insights, the second part then interprets and discusses the empirical evidence, including case studies on family-run firms in Italy.