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Enabling Next Generation Legacies
Answering the most pressing thirty-five questions of Next Generation members in a short and concise, yet competent way—leading academics, practitioners, and enterprising families come together to empower Next Generation legacies. Masterfully detangling the intricate dynamics of the family, ownership, business, and wealth, the authors share best practices, real-life examples, and critical questions for reflection. Part 1: Family Defining family · Managing family dynamics · Dealing with conflicts · Family communication · Preparing generational transitions · Keeping the family united Part 2: Ownership Responsibilities and rights · Preparation of future owners · Dealing with non-active ...
Management Consulting in Family Businesses
Many family businesses refrain from using management consultants to support their strategic decision making. But why do some of them use consultants? And what are the reasons not to use management consultants? This book highlights under which conditions consultants are seen to be helpful and when they are rejected. It researches the use of management consultants in family businesses from different perspectives of organizational boundary research. Family businesses vary from each other. Family generation of owner & management, family influence, goal divergence among owners, and complexity are important dimensions that distinguish family businesses in their use of management consultants. This book helps family business managers and owners to understand when the use of management consultants is beneficial to them and when they should refrain from using consultants. Furthermore, it supports management consultants in tailoring their support to specific family business situations. This research is based on an innovative paper-based conjoint experiment with top managers of large German family businesses analyzing more than 1,700 decisions to use management consultants.
Stakeholder Support in Family Businesses
Many family businesses fail during succession and sometimes they do because the successor is not granted the legitimacy by primary stakeholders of the company. But what does it take to be a legitimate successor in the eyes of these audiences? Are there different dimensions of legitimacy? And if so, do different stakeholder groups value the different dimensions of legitimacy differently? This book expands our knowledge of the origin and impact of a successor’s legitimacy in family owned businesses after succession. By analyzing a successor’s legitimacy on five dimensions, this work detects whether primary stakeholder groups’ decisions, to continuously provide their resources to family b...
Handbook of Research on Family Business
'This is a very business-like book in its approach. It has an impressive global reach in its authorship, focal areas and use of evidence; it hits all the major practical challenges of family firms in a spirit that is fresh and current; and it deals with the cutting-edge themes and issues that are uppermost in the minds of owners, executives, advisors and researchers in the field.' – Nigel Nicholson, London Business School, author, Managing the Human Animal, Family Wars and The 'I' of Leadership Acclaim for the first edition: 'The authors have taken a lot of pain in putting this handbook together. As the name indicates, this is an excellent handbook for researchers.' – Global Business Rev...
Succession in Family Businesses
Succession is inevitable and vital for the longevity of family businesses. But what do we know about succession in family businesses and where do we go from here? How does the interaction of family and business impact on succession? And which roles play identity and family member identification during the succession process? This book expands our knowledge on succession and prepares the grounds for a holistic view of succession in family businesses. Its first contribution is a systematic, replicable, and scientific review and consolidation of the theoretical and empirical literature on succession of the last 18 years into a transparent, logical, and in-depth framework. Furthermore, by analyz...
The Routledge Companion to Family Business
The Routledge Companion to Family Business offers a definitive survey of a field that has seen rapid growth in research in recent years. Edited by leading scholars with contributions from the top minds in family business from around the world, this volume provides researchers and scholars with a comprehensive understanding of the state of the discipline. Over 25 chapters address a wide variety of subjects, providing readers with a thorough review of the key research themes in the modern family firm, such as corporate social responsibility and bank debt rationing. International examples cover a wide range of economies including China, Europe, and Latin America. The book will appeal to undergraduates, postgraduates and business instructors seeking a definitive view of the issues and solutions that affect and support family business.
The Family Business Group Phenomenon
This edited collection analyses the unexplored concept of the family business group, evaluating the opportunities and advantages that it creates for entrepreneurs. Raising a number of important questions, the authors construct a new research agenda for the complex topic of the family business group, which will ultimately assess its contribution towards the economy and society in general. The chapters provide a core understanding of the phenomenon and cover its formation, nature and complexities, as well as offering a holistic perspective and exploring factors such as scale, size and regional contexts. A useful tool for those researching small businesses, organisation, and business strategy, this book highlights the key advantages of family business group structures in both developed and developing countries, and local and national contexts.
Entrepreneurial Behaviour
This edited collection draws together cutting edge perspectives from leading scholars on the increasingly prominent discussion of entrepreneurial behaviour. Exploring various aspects of human behaviour, the authors analyse the antecedent influences and drivers of entrepreneurial behaviour in different organisational settings. This collection is of interest to scholars, practitioners and even policy-makers, as a result of its in-depth exploration, discussion and evaluation of emerging themes of entrepreneurial behaviour within the field of entrepreneurship and beyond. Offering contextual examples from universities, firms and society, Entrepreneurial Behaviour covers topics such as entrepreneurial intention, gender, crime, effectuation and teamwork.
The Venture Capital Playbook
Wie können Family Offices und Einzelpersonen sinnvoll und zielgerichtet in Startups investieren? Angela De Giacomo gibt Antworten auf diese Frage und schafft Orientierung in dieser spannenden, wenngleich nicht immer ganz einfachen Assetklasse. Das Buch beleuchtet ausführlich direkte und indirekte Investments und gibt zahlreiche Tipps, worauf beim Investieren zu achten ist. 13 Interviews mit renommierten Vertreterinnen und Vertretern aus dem Bereich Venture Capital geben im zweiten Teil des Buchs lehrreiche Einblicke und bieten Anknüpfungspunkte für eigene Investments.
De Gruyter Handbook of Business Families
The management field increasingly recognizes that most firms in the world are family firms and that these entities operate differently from the non-family firms on which most of our current management theories are based. The De Gruyter Handbook of Business Families brings together work from leading academics who explore emerging research themes relevant to business families, particularly drawing in new insights from adjacent disciplines that can advance the family business field. The handbook challenges the traditional notion of the "single firm–single family" that has characterized most early research on family business. Recognizing that families may simultaneously own or control multiple...
