Family Business Review

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Succession in Family Firms: The Problem of Resistance
Family Business Review - Tập 1 Số 4 - Trang 361-381 - 1988
Wendy C. Handler, Kathy E. Kram
Succession is problematic for a majority of family firms. This paper argues that resistance to succession exists across many levels in these organizations and proposes a model that highlights the multiple contributing factors.
Attributions for Family Business Failure: The Heir's Perspective
Family Business Review - Tập 9 Số 2 - Trang 171-184 - 1996
Karen Maru File, Russ Alan Prince
Family business studies have focused on succession because of the incidence of family business failure and the importance of family businesses within the US economy. This study furthers the understanding of family business failure by making the distinction between succession planning (the management task of transitioning leadership) and estate planning (the task of transitioning financial...... hiện toàn bộ
Ownership and Management Issues Associated With Family Firm Performance and Company Objectives
Family Business Review - Tập 19 Số 4 - Trang 301-316 - 2006
Paul Westhead, Carole Howorth
Agency and stewardship theories are used to explore associations between ownership and management profiles and the performance and objectives of family firms. Using data from privately held family firms in the United Kingdom, a range of performance measures and objectives were examined. Multivariate regression analysis detected that closely held family firms did not report superior firm p...... hiện toàn bộ
The Influence of Life Stage on Father-Son Work Relationships in Family Companies
Family Business Review - Tập 2 Số 1 - Trang 47-74 - 1989
John A. Davis, Renato Tagiuri
The authors examine the relationship between the life cycles of fathers and sons who work together, concluding that the quality of the work relationship varies as a function of their respective life stages. The intersection of their individual developmental paths can have positive or negative effects on the nature of the work relationship, on the resolution of such problem issues as succe...... hiện toàn bộ
Family Ownership and Pyramids in the Spanish Market
Family Business Review - Tập 20 Số 3 - Trang 247-265 - 2007
María Asunción Sacristán Navarro, Silvia Gómez Ansón
This aim of this article is to describe, in the Spanish setting, family ownership and to explore how families hold their shares (the use of indirect ownership, pyramids, and cross-shareholdings). It also seeks to describe to what extent cash-flow rights differ from control rights and the degree of the firm's professionalization according to every type of owner category, but especially for...... hiện toàn bộ
Family Business Research: A Strategic Reflection
Family Business Review - Tập 17 Số 4 - Trang 331-346 - 2004
Shaker A. Zahra, Pramodita Sharma
As research on family business continues to grow, six key trends have become evident. These trends include a continuing pursuit of a few research topics such as succession, a strong preference for practice-oriented research methods, a tendency to borrow heavily from other disciplines without giving back to these fields, and a strong preference to talk to other researchers conducting resea...... hiện toàn bộ
An Overview of the Field of Family Business Studies: Current Status and Directions for the Future
Family Business Review - Tập 17 Số 1 - Trang 1-36 - 2004
Pramodita Sharma
Based on a review of 217 refereed articles on family business studies, the literature is organized according to its focus on individual, interpersonal or group, organizational, and societal levels of analyses. An assessment of the status of our current understanding at each level is provided and directions for future research are suggested. A discussion of definitional issues, bases of di...... hiện toàn bộ
Advancing the Field of Family Business Research: Further Testing the Measurement Properties of the F-PEC
Family Business Review - Tập 23 Số 1 - Trang 76-88 - 2010
Daniel T. Holt, Matthew W. Rutherford, Donald F. Kuratko
The field of family business research is advanced by further examining the validity and reliability of Klein, Astrachan, and Smyrnios’s Family Influence on Power, Experience, and Culture Scale. Data from 831 family businesses are analyzed to assess the measure’s construct validity using exploratory and confirmatory techniques. The hypothesized three-factor model emerged to include culture...... hiện toàn bộ
Strategic Management of the Family Business: Past Research and Future Challenges
Family Business Review - Tập 10 Số 1 - Trang 1-35 - 1997
Pramodita Sharma, James J. Chrisman, Jess H. Chua
This article reviews the literature on family business from a strategic management perspective. In general, this literature is dominated by descriptive articles that typically focus on family relationships. However, the literature does not usually address how these relationships affect the performance of a family business. Taking a strategic management perspective, we outline a new set of...... hiện toàn bộ
Family Governance and Firm Performance: Agency, Stewardship, and Capabilities
Family Business Review - Tập 19 Số 1 - Trang 73-87 - 2006
Danny Miller, Isabelle Le Breton–Miller
After decades of being viewed as obsolete and problem ridden, recent research has begun to show that major, publicly traded family-controlled businesses (FCBs) actually out-perform other types of businesses. This article examines the nature of such family businesses in an attempt to explain why some seem to do so well and others so poorly. It begins with four fundamental governance choice...... hiện toàn bộ
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