Attributions for Family Business Failure: The Heir's PerspectiveFamily 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 assets a... hiện toàn bộ
Succession in Family Firms: The Problem of ResistanceFamily 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.
On the Goals of Successful Family CompaniesFamily Business Review - Tập 5 Số 1 - Trang 43-62 - 1992
Renato Tagiuri, John A. Davis
Providing clear goals for a company and communicating them are among the most
powerful means for guiding the behavior of the people in an organization. In
this article, we explore the range of objectives or goals of family-owned and
-managed companies and identify those most commonly regarded as important by
owner-managers. Further, we describe six major empirical dimensions of goals
that we deriv... hiện toàn bộ
Bivalent Attributes of the Family FirmFamily Business Review - Tập 9 Số 2 - Trang 199-208 - 1996
Renato Tagiuri, John A. Davis
Although family-owned and managed firms are the predominant form of business
organization in the world today, little systematic research exists on these
companies. This paper builds upon insights found in the emerging literature on
these enterprises and upon our own observations to provide a conceptual
framework to better understand these complex organizations. We introduce the
concept of the Biva... hiện toàn bộ
Ownership and Management Issues Associated With Family Firm Performance and Company ObjectivesFamily 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 performanc... hiện toàn bộ
The Influence of Life Stage on Father-Son Work Relationships in Family CompaniesFamily 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
succession, an... hiện toàn bộ
The F-PEC Scale of Family Influence: A Proposal for Solving the Family Business Definition Problem1Family Business Review - Tập 15 Số 1 - Trang 45-58 - 2002
Joseph H. Astrachan, Sabine B. Klein, Kosmas X. Smyrnios
This article proposes an alternative method for assessing the extent of family
influence on any enterprise, enabling the measurement of the impact of family on
outcomes such as success, failure, strategy, and operations. This proposed
method, utilizing a standardized and valid instrument— the F-PEC—enables the
assessment of family influence on a continuous scale rather than restrict its
use as a c... hiện toàn bộ
Family Ownership and Pyramids in the Spanish MarketFamily 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 families... hiện toàn bộ
An Empirical Examination of Ownership Structure in Family and Professionally Managed FirmsFamily Business Review - Tập 5 Số 2 - Trang 117-136 - 1992
Catherine M. Daily, Marc Dollinger
The literature applying agency theory to management has focused on the
performance advantages to be gained when ownership and control of the firm are
aligned. This article investigates that premise by comparing family-owned and
-managed and professionally managed firms. The article presents the results of a
field survey that examined the extent to which family-owned and -managed firms
differ acros... hiện toàn bộ
Comparison of Family and Nonfamily Business: Financial Logic and Personal PreferencesFamily Business Review - Tập 17 Số 4 - Trang 303-318 - 2004
Miguel Á. Gallo, Josep Tàpies, Kristin Cappuyns
Research has identified important differences between family businesses (FBs)
and nonfamily businesses (NFBs). The difficulty, however, lies in explaining the
reasons for those differences. In this article, Professors Miguel A. Gallo and
Josep Tàpies, and Research Associate Kristin Cappuyns, all of IESE,
International Business School, Barcelona, report the results of an investigation
into the “pec... hiện toàn bộ