Performance and Behavior of Family Firms - Softcover

Softcover

ISBN 10: 3038427810 ISBN 13: 9783038427810

Verlag: MDPI, 2018

Inhaltsangabe

Family involvement characterizes a large number of firms around the world and is thought to significantly impact their strategies, behavior, and performance. Family involvement occurs when a family exerts control over the firm through ownership and management. When family involvement leads to intentions to pursue particularistic goals and strategies, controlling families are more likely to exert a significant influence on firm strategies, behavior, and performance. Indeed, intentions imply that a firm’s strategic behaviors will be oriented toward preserving the economic and socioemotional value of the firm for the family in the long term. Hence, the “essence” of a family firm is thought to be a function of a family’s influence on the culture, functioning, and behavior of the firm owing to the pursuit of a family’s vision for the firm. As a result, family firm behavior is expected to be distinct from those in non-family firms. Despite the inherent differences between family and non-family firms and heterogeneity among family firms, family involvement is under-researched in organizational studies, which limits the generalization of findings and leads to theoretical ambiguity. Financial strategic decisions and activities may be key to understanding differences between family and non-family firms. Therefore, we invited researchers to shed light on how a family uses its influence to affect financial strategies, behavior, and firm performance.

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Über die Autorin bzw. den Autor

University of North Carolina at Greensboro USA

Details zur Ausgabe

• Verlag: MDPI
• Erscheinungsdatum: 2018
• Sprache: Englisch
• ISBN 10: 3038427810
• ISBN 13: 9783038427810
• Einband: Taschenbuch
• Auflage: 1
• Anzahl der Seiten: 172
• Herausgeber: Memili Esra
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar