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Artikel-Nr. 25597143


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Weitersagen:


Performance and Behavior of Family Firms 
 

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Lieferstatus:   i.d.R. innert 5-10 Tagen versandfertig
Genre:  Wirtschaft / Recht 
ISBN:  9783038427810 
EAN-Code: 
9783038427810 
Verlag:  Mdpi Ag 
Einband:  Kartoniert  
Sprache:  English  
Dimensionen:  H 244 mm / B 170 mm / D 11 mm 
Gewicht:  452 gr 
Seiten:  172 
Zus. Info:  Paperback 
Bewertung: Titel bewerten / Meinung schreiben
Inhalt:
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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