Three Essays on Innovation in Family Firms and Corporate Governance

Three Essays on Innovation in Family Firms and Corporate Governance PDF Author: Malgorzata Kurak
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Esta tesis se compone de tres trabajos empíricos, cada uno de los cuales presenta un análisis diferenciado sobre el tema de innovación en las empresas familiares y gobierno corporativo. Nuestro objetivo es proporcionar evidencia sobre bajo qué circunstancias, propietarios y gerentes pueden mejorar la innovación de una empresa. El primer artículo estudia cómo el tipo de diferentes propietarios impacta en la innovación de una empresa, explorando también el efecto moderador de las contingencias de poder en esta relación. El segundo artículo se centra en las empresas familiares, e investigamos cómo los directivos no familiares en estas empresas se comportan ante la innovación y cómo los sistemas descentralizados de toma de decisiones pueden moderar su comportamiento. Finalmente, el tercer trabajo examina "la paradoja de la capacidad y la voluntad" en la innovación de las empresas familiares. En este capítulo evaluamos el impacto de la implicación familiar en las capacidades e innovación y ofrecemos recomendaciones útiles a empresas familiares sobre cómo afrontar eficazmente sus desafíos específicos de gobernabilidad mientras siguen siendo innovadoras.

Three Essays on Corporate Governance of Family Firms

Three Essays on Corporate Governance of Family Firms PDF Author: Tarek El Masri
Publisher:
ISBN:
Category :
Languages : en
Pages : 171

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Book Description
This dissertation is comprised of three essays on issues related to the corporate governance of family firms. The first essay explores how owners-managers of family firms conceptualize and define their firms. Understanding the essence of a family firm helps us better understand their governance and behaviour. This essay contributes to the family business literature by presenting the seven most important criteria in identifying a family business (Handler 1989; Shanker & Astrachan 1996), namely: family ownership, control, involvement, succession, long-term vision, founders' legacy, and extended family of employees. The essay also contributes a familiness measurement tool that can be used in future research aiming at better understanding the family firm. The second essay investigates how management control technologies are calibrated in accordance with the sometimes conflicting economic and noneconomic goals resulting from the dual identities of family firms. The results show that family firms calibrate pervasive management control technologies, such as calculative, family-centric or procedural controls to strengthen the business identity and reduce the family identity of their family business. In comparison, the minimal use, or perceived absence, of management control technologies suggest that it accentuates and fosters family identity. Hence, reverting to management control technologies becomes related in a unilateral way to the business identity of the firm, despite the dual control ambition of family firms. The third essay analyzes CEO and TMT compensation practices to identify patterns that can explain the gap between family firms and the pool of external highly qualified executives. The data analysis highlights a connection between the degree of family ownership, the composition of the BOD, and the identity of the CEO. The results also show that family firms rely more heavily on cash-based awards than on equity-based awards as a form of CEO and TMT compensation. Family firms are reluctant to use option-based rewards and the use of share-based awards is also kept at a minimum. Other evidence point towards a role that institutional ownership plays in restructuring the compensation packages of the TMTs at family firms. Keywords: Family Firms, Definition of Family Firms, Family Firm Identity, Management Control Technologies, Corporate Governance, Executive Compensation.

The Relationship of Leadership and Innovation in Family Businesses

The Relationship of Leadership and Innovation in Family Businesses PDF Author: Swen Nadkarni
Publisher: Springer
ISBN: 3658162554
Category : Business & Economics
Languages : en
Pages : 132

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Book Description
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.

Three Essays on the Role of Corporate Governance in Firms' Spending on R&D and Controlling Earnings-management Practices

Three Essays on the Role of Corporate Governance in Firms' Spending on R&D and Controlling Earnings-management Practices PDF Author: Muḥammad Asʿad
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Essays on Corporate Governance and Audit Quality Within Family Business Groups

Essays on Corporate Governance and Audit Quality Within Family Business Groups PDF Author: Wenming Wang
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 110

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Performance and Behavior of Family Firms

Performance and Behavior of Family Firms PDF Author: Esra Memili
Publisher: MDPI
ISBN: 3038427810
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
This book is a printed edition of the Special Issue "Performance and Behavior of Family Firms" that was published in IJFS

The Selected Essays of John H. Dunning

The Selected Essays of John H. Dunning PDF Author: John H. Dunning
Publisher: Edward Elgar Publishing
ISBN: 9781843767053
Category : Business & Economics
Languages : en
Pages : 546

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Book Description
These volumes should be required reading for anyone with an interest in international business and globalisation. They add immeasurably to our understanding. Mira Wilkins, Business History Dunning is one of the most prominent researchers and thinkers in the IB field. In these books, he has set out his most celebrated writings and has provided us relatively easy access to widely scattered references in the literature. Rajat Kathuria, Global Business Review The modern academic study of the multinational enterprise started with John Dunning s pioneering study of American Investment in British Manufacturing Industry in 1958. In the early 1970s he began to publish an influential and authoritative stream of papers integrating theoretical and empirical analysis of the multinational enterprise. This fascinating volume charts the evolution of John Dunning s thinking, highlighting his attempts to develop a richer, more dynamic and historical framework for the analysis of the multinational enterprise. It makes compelling reading, and offers unique insights into the intellectual development of his well-known eclectic paradigm of international production. Mark Casson, University of Reading, UK This volume contains a selection of John Dunning s best known and highly acclaimed writings on the theory of international business activity. Spanning more than three decades, the 16 contributions trace the evolution of his thoughts and ideas as an economist, from his first article on the determinants of international production, published in 1973, to his most recent essay on relational assets, networks and global business activity, completed in 2002. Theories and Paradigms of International Business Activity gives particular prominence to the author s much renowned eclectic paradigm, which he first promulgated at a Nobel Symposium on the international allocation of economic activity in 1976. Since then, the author has written over 60 articles, pamphlets and chapters in books which have extended, refined and updated his theorizing on the interface between trade, FDI and MNE activity, in the light of the changing characteristics of the world economy and advances in international business scholarship. This, the first of two volumes of John Dunning s work, is essential reading for all students, scholars and researchers with a special interest in the reasons behind the explosive growth in post-war FDI and the globalization of business activity.

Three Empirical Essays on Family Economics and Corporate Governance

Three Empirical Essays on Family Economics and Corporate Governance PDF Author: Di Lu
Publisher:
ISBN:
Category :
Languages : en
Pages :

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How Family Firms Differ

How Family Firms Differ PDF Author: S. Bhaumik
Publisher: Springer
ISBN: 1137473584
Category : Business & Economics
Languages : en
Pages : 132

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Book Description
Family firms account for a large proportion of firms in most countries. In industrialised countries of North America and Western Europe, they generally account for a large share of small and medium sized enterprises. In emerging market economies such as India, they also account for the majority of the large firms. Their importance for factors such as employment creation notwithstanding, relative to the widely held Anglo-Saxon firms, which are ubiquitous in the economics, finance and management literatures, family firms have historically received much less attention from scholars of these disciplines. However, in part owing to increased focus on emerging markets, there is a growing literature on family firms. In How Family Firms Differ, the authors explore important aspects of family firms, drawing on the existing literature and their own research on these firms.

Essays on Family Firm Innovation - Contingencies of Generation, Management, and Succession

Essays on Family Firm Innovation - Contingencies of Generation, Management, and Succession PDF Author: Sebastian Hillebrand
Publisher:
ISBN:
Category :
Languages : en
Pages :

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