Family Influence on Performance of Family Small and Medium Enterprises

Family Influence on Performance of Family Small and Medium Enterprises PDF Author: Ana Paula Matias Gama
Publisher: Springer Nature
ISBN: 9813348461
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
This book examines the relationship between family influence and financial performance and non-economic goals in small and medium family-owned enterprises (SME) in Portugal. Research on the performance of family-owned firms is growing but results are mixed, especially for non-listed companies. This book examines smaller family-owned firms that operate in a small, open economy, characterised by a context of relatively weak capital markets and predominantly bank-based financing. Delving into the impact of key variables such as the power dimension, experience and culture on performance establishes, the book goes on to analyse the determinants of performance in such family-owned SMEs. Given the importance of family firms to open economies, this book would be a valuable read to scholars aiming to understand the reasons behind their success, managers seeking out strategic and operational guidance and to regulators and policymakers at the regional and national levels.

Family Influence on Performance of Family Small and Medium Enterprises

Family Influence on Performance of Family Small and Medium Enterprises PDF Author: Ana Paula Matias Gama
Publisher: Springer Nature
ISBN: 9813348461
Category : Business & Economics
Languages : en
Pages : 126

Get Book Here

Book Description
This book examines the relationship between family influence and financial performance and non-economic goals in small and medium family-owned enterprises (SME) in Portugal. Research on the performance of family-owned firms is growing but results are mixed, especially for non-listed companies. This book examines smaller family-owned firms that operate in a small, open economy, characterised by a context of relatively weak capital markets and predominantly bank-based financing. Delving into the impact of key variables such as the power dimension, experience and culture on performance establishes, the book goes on to analyse the determinants of performance in such family-owned SMEs. Given the importance of family firms to open economies, this book would be a valuable read to scholars aiming to understand the reasons behind their success, managers seeking out strategic and operational guidance and to regulators and policymakers at the regional and national levels.

Corporate Entrepreneurship

Corporate Entrepreneurship PDF Author: Vijay Sathe
Publisher: Cambridge University Press
ISBN: 1139436910
Category : Business & Economics
Languages : en
Pages : 407

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Book Description
How do large corporations encourage their senior managers to become more entrepreneurial? This is a key question which is seldom addressed in mainstream entrepreneurship studies. Professor Sathe has written this study based on hundreds of hours of interviews with senior managers to help understand why some organizations and some top managers are better than others in fostering entrepreneurship leading to successful new business growth. Corporate Entrepreneurship explores the real world of top managers in a systematic and comprehensive way, examining business realities, the management culture, the corporate philosophy, the organizational politics, the personalities and the personal agendas of the people at the top. The book offers both a theory of corporate entrepreneurship and practical advice on how to manage it better. An interesting and valuable contribution to the literature on strategic management, this is a book that will appeal to graduate students, researchers and reflective practitioners.

Research Anthology on Strategies for Maintaining Successful Family Firms

Research Anthology on Strategies for Maintaining Successful Family Firms PDF Author: Management Association, Information Resources
Publisher: IGI Global
ISBN: 1668435519
Category : Business & Economics
Languages : en
Pages : 1146

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Book Description
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.

A Review and Annotated Bibliography of Family Business Studies

A Review and Annotated Bibliography of Family Business Studies PDF Author: Pramodita Sharma
Publisher: Springer Science & Business Media
ISBN: 1441987681
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
Interest in the study of family business has increased significantly over the last decade. The research on this subject - and the related subject of entrepreneurship - has developed in parallel within a number of different disciplines, making it the perfect candidate for an annotated bibliography. This book aims to catalog the major empirical, theoretical, and practical articles on family business. Included for each article listed are a summary of key findings, and a list of the methodologies and key conceptual models used. It also features a review of the literature, a discussion of how family businesses have been defined, and agenda for future research into both family business and entrepreneurship studies.

Harvard Business Review Family Business Handbook

Harvard Business Review Family Business Handbook PDF Author: Josh Baron
Publisher: Harvard Business Press
ISBN: 1633699064
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
Navigate the complex decisions and critical relationships necessary to create and sustain a healthy family business—and business family. Though "family business" may sound like it refers only to mom-and-pop shops, businesses owned by families are among the most significant and numerous in the world. But surprisingly few resources exist to help navigate the unique challenges you face when you share the executive suite, financial statements, and holidays. How do you make the right decisions, critical to the long-term survival of any business, with the added challenge of having to do so within the context of a family? The HBR Family Business Handbook brings you sophisticated guidance and practical advice from family business experts Josh Baron and Rob Lachenauer. Drawing on their decades-long experience working closely with a wide range of family businesses of all sizes around the world, the authors present proven methods and approaches for communicating effectively, managing conflict, building the right governance structures, and more. In the HBR Family Business Handbook you'll find: A new perspective on what makes family businesses succeed and fail A framework to help you make good decisions together Step-by-step guidance on managing change within your business family Key questions about wealth, unique to family businesses, that you can't afford to ignore Assessments to help you determine where you are—and where you want to go Stories of real companies, from Marchesi Antinori to Radio Flyer Chapter summaries you can use to reinforce what you've learned Keep this comprehensive guide with you to help you build, grow, and position your family business to thrive across generations. HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.

Entrepreneurial Development and Innovation in Family Businesses and SMEs

Entrepreneurial Development and Innovation in Family Businesses and SMEs PDF Author: Masouras, Andreas
Publisher: IGI Global
ISBN: 1799836509
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Entrepreneurship is very important for both entrepreneurs and economic development. It helps boost innovation and competitiveness in every country and facilitates the creation of new jobs and new opportunities, especially for family businesses and small and medium enterprises (SMEs). Both entrepreneurship and innovation constitute a subject that is both topical and timeless, since institutions and the various institutional processes have always affected a country’s sustainability. Entrepreneurial Development and Innovation in Family Businesses and SMEs is an essential scholarly publication that contributes to the understanding, improving and strengthening of entrepreneurial development, and innovation’s role in family businesses and SMEs by providing both theoretical and applied knowledge in order to find how and why entrepreneurship and innovation can produce inefficient and dysfunctional outcomes. Featuring a wide range of topics such as women entrepreneurship, internationalization, and organizational learning, this book is ideal for researchers, policymakers, entrepreneurs, executives, managers, academicians, and students.

Cases on Small Business Economics and Development During Economic Crises

Cases on Small Business Economics and Development During Economic Crises PDF Author: Stephens, Simon
Publisher: IGI Global
ISBN: 1799876594
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
Oftentimes, the owners and entrepreneurs whose small businesses are undergoing financial problems suffer high emotional costs. These individuals can experience significant setbacks in their entrepreneurial journeys as well as depression and other negative emotions from the stress of crisis episodes. However, businesses that are in crisis also provide valuable learning opportunities for adapting and changing in order to successfully face future challenging situations. Cases on Small Business Economics and Development During Economic Crises presents a diverse range of perspectives and insights into global developments in entrepreneurship and captures a diverse collection of methodologies and outcomes from various countries in the realm of small business economics and their development. Including case studies that discuss the COVID-19 pandemic, risk management, and entrepreneurial resiliency, this case book serves as an excellent companion for entrepreneurs, small business owners, managers, executives, economists, business professionals, academicians, students, and researchers.

Generation to Generation

Generation to Generation PDF Author: Kelin E. Gersick
Publisher: Harvard Business Press
ISBN: 087584555X
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals.

The History of Family Business, 1850-2000

The History of Family Business, 1850-2000 PDF Author: Andrea Colli
Publisher: Cambridge University Press
ISBN: 9780521804721
Category : Business & Economics
Languages : en
Pages : 118

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Book Description
In this new textbook, Andrea Colli gives a historical and comparative perspective on family business, examining through time the different relationships within family businesses and among family enterprises, inside different political and institutional contexts. He compares the performance of family businesses with that of other economic organizations, and looks at how these enterprises have contributed to the evolution of contemporary industrial capitalism. Central to his discussion are the reasons for both the decline and persistence of family business, how it evolved historically, the different forms it has taken over time, and how it has contributed to the growth of single economies. The book summarises previous research into family business, and situates many aspects of family business - such as their strategies, contribution, failure and decline - in an economic, social, political and institutional context. It will be of key interest to students of economic history and business studies.

Innovations in Small and Medium-Sized Family Firms

Innovations in Small and Medium-Sized Family Firms PDF Author: Nils Kraiczy
Publisher: Springer Science & Business Media
ISBN: 3658000635
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
​Small and medium-sized firms are a prevalent organizational form in Germany. Their importance for the German economy is indisputable. Most of them are global market leaders in their niches and are considered to be a force for innovation in the German economy. The ability to be innovative in niche markets has been identified as the antecedent of their strong, or even dominant, competitive positions in their industries. The driver of this innovation success may well be the family, which distinguishes family firms from non-family firms. But how can a family influence innovation in a family firm and does this influence have only positive effects? This dissertation focuses on the impact of top management teams on innovations interacting with family firm-specific characteristics.