Journal ArticleDOI
Defining the Family Business by Behavior
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This paper argued that the literature continues to have difficulty defining the family business and argued for a definition of a family's involvement in the business that makes the business unique, and they proposed a family business definition.Abstract:
It is generally accepted that a family's involvement in the business makes the family business unique; but the literature continues to have difficulty defining the family business. We argue for a d...read more
Citations
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Journal ArticleDOI
Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills
Luis R. Gomez-Mejia,Katalin Takacs Haynes,Manuel Núñez-Nickel,Kathyrn J. L. Jacobson,José Moyano-Fuentes +4 more
TL;DR: In this paper, the authors use behavioral theory to show that family firms are risk-averse and risk-wary at the same time, and that the predictions of behavioral theory differ depending on family ownership.
Journal ArticleDOI
Ambidexterity and Performance in Small- to Medium-Sized Firms: The Pivotal Role of Top Management Team Behavioral Integration.
TL;DR: In this paper, the pivotal role of top management team (TMT) behavioral integration in facilitating the processing of disparate demands essential to attaining ambidexterity in SMEs is discussed.
Journal ArticleDOI
Socioemotional Wealth in Family Firms Theoretical Dimensions, Assessment Approaches, and Agenda for Future Research
TL;DR: In this article, the authors make the case for the socioemotional wealth (SEW) approach as the potential dominant paradigm in the family business field and argue that SEW is the most important differentiator of the family firm as a unique entity and helps explain why family firms behave distinctively.
Journal ArticleDOI
An Overview of the Field of Family Business Studies: Current Status and Directions for the Future
TL;DR: In this article, a review of 217 refereed articles on family business studies is presented, focusing on individual, interpersonal or group, organizational, and societal levels of analyses, and an assessment of the status of our current understanding at each level is provided and directions for future research are suggested.
Journal ArticleDOI
The Bind that Ties: Socioemotional Wealth Preservation in Family Firms
TL;DR: In this paper, the authors examine how family firms differ from non-family firms along five broad categories of managerial decisions, including management processes, firm strategies, corporate governance, stakeholder relations and business venturing.
References
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Book
Strategic Management: A Stakeholder Approach
TL;DR: The Stakeholder Approach: 1. Managing in turbulent times 2. The stakeholder concept and strategic management 3. Strategic Management Processes: 4. Setting strategic direction 5. Formulating strategies for stakeholders 6. Implementing and monitoring stakeholder strategies 7. Conflict at the board level 8. The functional disciplines of management 9. The role of the executive as mentioned in this paper.
Posted Content
Competitive Strategy: Techniques for Analyzing Industries and Competitors
TL;DR: Porter as mentioned in this paper presents a comprehensive structural framework and analytical techniques to help a firm to analyze its industry and evolution, understand its competitors and its own position, and translate this understanding into a competitive strategy to allow the firm to compete more effectively to strengthen its market position.
Journal ArticleDOI
Upper Echelons: The Organization as a Reflection of Its Top Managers
TL;DR: In this article, the authors synthesize these previously fragmented literatures around a more general "upper echelons perspective" and claim that organizational outcomes (strategic choices and performance levels) are partially predicted by managerial background characteristics.
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