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Managing a Gen-Z workforce – what family firms need to know: a perspectives article Journal of Family Business Management Pub Date : 2024-03-12 Mare Stevanovski, Likun (David) Zhan, Michael Mustafa
Purpose This paper highlights the opportunities and challenges for family firms in managing Generation Z (Gen-Z) employees. This perspective article explores several considerations for family firms in managing their Gen-Z employees and the potential implications for their socioemotional wealth (SEW). Design/methodology/approach The authors provide a brief review of what is known about the values/work
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Corporate entrepreneurship and family businesses: a perspective article Journal of Family Business Management Pub Date : 2024-03-11 Cris Bravo Monge
Purpose Family businesses play a pivotal role in the world’s economy, contributing to 70% of its GDP. Their success in the current environment demands the enactment of entrepreneurial and innovative competencies to catalyse organizational growth and performance. In this context, corporate entrepreneurship may help these organizations advance their competitive advantage. The systematic analysis of the
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Sustainability performance disclosure and family businesses: a perspective article Journal of Family Business Management Pub Date : 2024-02-28 Andrea Caccialanza
Purpose The deeper understanding of the disclosure of external and internal dynamics of family firms necessarily places the issue of sustainability as one of the most pressing needs from both a research and managerial perspective. Therefore, this perspective article contributes to the debate of sustainability performance disclosure in family firms, proposing a research agenda. Design/methodology/approach
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The role of in-laws in family business continuity: a perspective Journal of Family Business Management Pub Date : 2024-02-27 John Rosso
Purpose The purpose is to provide a brief summary on the current research development regarding the role of in-laws in family firms’ continuity. Additionally, I provide a perspective on the trends on the research regarding the in-laws involvement and influence in preparing future generations of family firms’ owners/managers. At the end, I conclude on what should be the relevant issues to be explored
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Integrating UN Sustainable Development Goals into family business practices: a perspective article Journal of Family Business Management Pub Date : 2024-02-26 Bavly Hanna, Guandong Xu, Xianzhi Wang, Jahangir Hossain
Purpose This paper explores the potential for family businesses (FBs) to play a pivotal role in advancing the United Nations (UN) Sustainable Development Goals (SDGs). It seeks to elucidate how FBs' inherent strengths and values can be harnessed to integrate sustainable practices within their operational paradigms. Design/methodology/approach The authors employed a literature review to synthesize all
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Are family businesses more gender inclusive in leadership succession today? A perspective article Journal of Family Business Management Pub Date : 2024-02-21 Cristina Alvarado-Alvarez, Martin C. Euwema
Purpose Through this exploration, this article seeks to contribute to facilitate a greater female participation in power and leadership positions in the context of succession by presenting perspectives in research and practical implications for both family firms and business families. Design/methodology/approach Literature review of seminal work on women’s involvement in the leadership succession of
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Dynamic capabilities and family businesses: a perspective article Journal of Family Business Management Pub Date : 2024-02-20 Victor Wilfredo Bohorquez-Lopez, Paula Andrea García-Ortiz, Christiam Méndez-Lazarte
Purpose The individual perspective of dynamic capabilities and family firms could be useful to shed light on the relationship between these topics, considering not only the heterogeneity of family businesses but above all the diversity of their collaborators, highlighting the underlying elements through which these firms are sustained. Design/methodology/approach This paper is based on systematic research
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The African philosophy of Ubuntu and family businesses: a perspective article Journal of Family Business Management Pub Date : 2024-02-15 Welcome Kupangwa
Purpose This perspective article underscores the importance of conducting studies that examine the African philosophy of Ubuntu among indigenous African family businesses. The article summarises the understanding of the role of Ubuntu in indigenous African family businesses and explores potential pathways for further investigations to understand existing cultural and economic differences that could
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Psychological ownership in family firms: a perspective article Journal of Family Business Management Pub Date : 2024-02-12 Ana Lucia Caicedo-Leitón, Lucia Garcés-Galdeano, Martin Larraza-Kintana
Purpose This article explores psychological ownership (PO) in family firms (FFs); its impact on interpersonal relationships, attitudes and behaviors within the organization; and its importance for long-term success. It also highlights the factors that contribute to PO in these types of businesses. Design/methodology/approach The article conducts a literature review that utilizes existing research to
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Sustainability in family business settings: a strategic entrepreneurship perspective Journal of Family Business Management Pub Date : 2024-02-07 Mahwish Jamil, Simon Stephens, Ahmad Firdause Md Fadzil
Purpose Family business sustainability is a critical issue. This study considers if adopting a strategic entrepreneurship orientation can support the sustainability of a family business. Design/methodology/approach A qualitative approach is used, in which semi-structured interviews were conducted with twelve family business owners. Data collected during the interviews provides insights into understanding
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Money education in the business family: a perspective article Journal of Family Business Management Pub Date : 2024-02-01 Anneleen Michiels, Claudia Binz Astrachan
Purpose The primary aim is to renew academic discourse on financial education in business families. It emphasizes the need for effective financial literacy programs to foster a healthier relationship with money, addressing both technical aspects of finance and its psychological and relational impacts among family members. Design/methodology/approach This perspective article explores the impact of money
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Internal communication and family business: a perspective article Journal of Family Business Management Pub Date : 2024-01-31 Annika Baumgart, Robin Bell, Ria Wiid
Purpose Family businesses require internal communication (IC) to guide and provide direction, and the unique nature of involving both family and nonfamily employees add complexity. Navigating this complexity helps to ensure effective direction and management of family businesses. This paper explores the existing research concerning IC within family businesses and discusses the lenses and contexts through
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European family business owners: what factors affect their job satisfaction? Journal of Family Business Management Pub Date : 2024-01-16 Ondřej Dvouletý, Marko Orel, David Anthony Procházka
Purpose This research aims to better understand the factors and determinants that shape the job satisfaction of European family business owners. Design/methodology/approach The study is based on a unique sample of 11,362 European family business owners surveyed within the European Union Labour Force Survey (EU LFS) framework, and the main findings were obtained by estimating ordered logistic regression
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Entrepreneurial resilience (ER) and family business: a perspective article Journal of Family Business Management Pub Date : 2024-01-10 Börje Boers, Anders Billström, Danilo Brozović
Purpose This paper highlights the need for future studies researching the subject of resilience in family firms on different levels. Design/methodology/approach This paper reviews the literature on resilience in family businesses. Findings Resilience has become more important due to the recent multiple crises, starting with the coronavirus pandemic, followed by high inflation and energy prices, partly
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Regional development and family business: a perspective article Journal of Family Business Management Pub Date : 2024-01-08 Rodrigo Basco
Purpose This perspective article aims to summarise the understanding of the link between regional development and family business and explore potential pathways for further investigations. Design/methodology/approach This study employed a scoping review methodology which attempts to explore a new topic of study and unveil its main concepts and relationships. Findings This study emphasises the need
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Intersecting bonds: a perspective on polygamy's influence in Arab Middle East family firm succession Journal of Family Business Management Pub Date : 2024-01-04 Moustafa Haj Youssef, Jahangir Wasim, Ioannis Christodoulou, Robert Reinhardt
Purpose The aim of this study is to explore and elucidate the influence of polygamy on the succession dynamics of family businesses in the Arab world, offering insights that may be underrepresented or overlooked in traditional, Western-focused literature. Design/methodology/approach This article adopts a perspective-based approach, focusing on delving into the amalgamation of polygamous family structures
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First (latent) generation and family business: a perspective article Journal of Family Business Management Pub Date : 2023-12-28 Walter Vesperi, Anna Maria Melina, Concetta Lucia Cristofaro, Marzia Ventura
Purpose Family businesses are characterized by the simultaneous presence of the family and the business system. The literature analyses sporadically the family support during the creation of a new family business. For this reason, the aim of this article is to offer new reflections and theoretical approaches in the field of family business studies. In fact, the study focuses on the first generation
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Environmental responsibility of family businesses: a perspective paper Journal of Family Business Management Pub Date : 2023-12-21 Chamila H. Dasanayaka, Nuwan Gunarathne, David F. Murphy
Purpose This perspective paper explores ongoing research into stimuli that promote environmental responsibility in family business contexts. It also delineates emerging patterns and possible directions for future research within this domain. Design/methodology/approach The authors synthesise, critically assess and integrate existing research to make current thinking about the environmental responsibility
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Factors affecting high-quality entrepreneurial performance in small- and medium-sized family firms Journal of Family Business Management Pub Date : 2023-12-21 Panagiotis Mitropoulos, Alexandros Mitropoulos, Aimilia Vlami
Purpose The purpose of this paper is to measure the high-quality entrepreneurial efficiency of family-owned small- and medium-sized enterprises (SMEs) while exploring the potential determinants of their performance. This study places particular emphasis on the firms' technological competencies and internationalization efforts. The authors aim to shed light on the internal and external characteristics
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Analysis of trends that turn an entrepreneurship idea into a family business: an article in perspective Journal of Family Business Management Pub Date : 2023-12-18 Jose Andres Areiza-Padilla, Tatiana Galindo-Becerra, Iván Veas-González, Karla Barajas-Portas
Purpose This article examines some of the trends that allow to understand and analyze the evolution of the idea of entrepreneurship to become a family business. Design/methodology/approach This paper is based on systematic research. Findings Around four current trends and four future trends are presented, which allow the authors to understand how the family of an entrepreneur influences in a direct
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Intra-family communication in challenging times and family business: a perspective article Journal of Family Business Management Pub Date : 2023-12-15 Anil Boz Semerci
Purpose This perspective article highlights the importance of future research that explores how intra-family communication in family businesses was affected during challenging times such as the COVID-19 pandemic. Design/methodology/approach The paper is based on a literature review of current perspectives on the role of informal communication in family businesses. The author offers some research insight
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Financial management and family business: a perspective article Journal of Family Business Management Pub Date : 2023-12-15 John Scott Strong
Purpose This study aims to review major themes and findings of research into financial management of family business and to suggest new directions for future research. Design/methodology/approach This is a perspective article beginning with literature review to summarize prior research and to identify main findings and issues. The paper then develops themes, questions and opportunities for future research
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AI-driven sustainability brand activism for family businesses: a future-proofing perspective article Journal of Family Business Management Pub Date : 2023-12-05 Joshua Kofi Doe, Robert E. Hinson
Purpose Artificial intelligence (AI) and sustainable business represent the irrefutable future of all forward looking businesses in the world today. In this perspective article, the authors explore the confluence of these important topics by highlighting the role of family businesses in advancing sustainable brand activism aligned with the United Nations Sustainable Development Goals (UNSDGs), like
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Importance of traditions and family business at Christmas: a quantitative analysis of practices and values in Portugal Journal of Family Business Management Pub Date : 2023-12-05 Eulália Santos, Fernando Oliveira Tavares, Margarida Freitas Foliveira
Purpose Christmas is the most consumed event of the year, always full of traditions, namely family ones, which are very significant. In this way, it is intended to find out the importance of traditions at Christmas time and analyze their implications for family businesses. Design/methodology/approach The study is quantitative in nature, based on a questionnaire survey carried out with 551 Portuguese
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Exploring the effect of family control on debt financing within large firms: a transnational study in emerging markets Journal of Family Business Management Pub Date : 2023-12-05 Zouhair Boumlik, Badia Oulhadj, Olivier Colot
Purpose This paper aims to analyze the effect of family control and influence dimension of the socioemotional wealth (SEW) on capital structure of large listed firms in the North African region. Design/methodology/approach The study uses panel data of the top 98 largest listed firms in the North African capital markets over the period from 2018 to 2022. The analysis is conducted employing random effects
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Generation Alpha and family business: a perspective article Journal of Family Business Management Pub Date : 2023-11-28 Didar Karatayev, Umidjon Matyakubov, Lyailya Mutaliyeva, Viachaslau Filimonau, Vladimir A. Ermolaev
Purpose This paper discusses the key features of Generation Alpha from the perspective of their implications for future family business. Design/methodology/approach The signals perspective is used to review academic and non-academic literature to highlight the key features of Generation Alpha that can be relevant to family business. Findings Extensive use of digital technology, perceptions of learning
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Navigating the path of family business research: a personal reflection Journal of Family Business Management Pub Date : 2023-11-28 Emmanuel Mogaji
Purpose This article provides a personal response to the questions raised by Ratten et al. (2023) on what family business researchers have learnt about the family business field and tips for the future. Design/methodology/approach This viewpoint article takes an autoethnographic reflective approach to address the five questions posed to distinguished family business researchers in Ratten et al. (2023)
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African family dynamics and family business – a perspective article Journal of Family Business Management Pub Date : 2023-11-24 Doreen Nyarko Anyamesem Odame, Robert E. Hinson
Purpose Despite the potential benefits of family businesses, their dynamics present peculiar challenges that hinder the realisation of their full potential. This paper sought to assess the relationship between family dynamics and business development in Africa. The authors explored the dynamics of African family structures and how these structures impact family businesses. Design/methodology/approach
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The wealth creator and family business: a perspective article Journal of Family Business Management Pub Date : 2023-11-21 Carmen Nebot, Javier Morales Mediano
Purpose The principal objective of this study is to identify and recommend auspicious research directions within the field of family business research, with a specific focus on the wealth creator. In conjunction with these research trajectories, the paper also aims to elucidate the potential implications of cultivating these lines of inquiry on the existing family business literature. Design/methodology/approach
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Unravelling the determinants of family firms' governance: the family protocol Journal of Family Business Management Pub Date : 2023-11-21 Shital Jayantilal, Sílvia Ferreira Jorge, Paulo Alcarva
Purpose Family businesses are essential to the global economy but often grapple with family-related issues, especially during succession. This study explores how governance tools like the family protocol (FP) mitigate conflicts by setting standards for family firm management and continuity. Pioneering the use of game theory and adverse selection setups in family business governance, this research uncovers
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Drivers of knowledge transfer for succession in family business: a perspective article Journal of Family Business Management Pub Date : 2023-11-09 Thanh-Thao Luong, Cat-My Dang, Que Nguyet Tran
Purpose This study aims to identify various factors that have driven the knowledge transfer process for succession purposes in family business since the 1920s and discuss their implications for advancing effective succession planning in this business sector for the next 100 years. Design/methodology/approach The paper reviews and synthesizes current research on knowledge transfer drivers in family
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Revolutionizing family businesses with artificial intelligence: a perspective article Journal of Family Business Management Pub Date : 2023-11-07 Sukanlaya Sawang, Robbert Anton Kivits
Purpose This perspective article addresses the essential need to comprehend what artificial intelligence (AI) entails and how it can revolutionize the family business sector. Design/methodology/approach This article presents a literature review and the authors' perspectives to unravel the potential benefits of AI in family businesses. Findings It is crucial to understand what AI is and its various
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Post-entry decisions in international entrepreneurship and family business: a perspective article Journal of Family Business Management Pub Date : 2023-11-07 Eduardo Terán-Yépez
Purpose This perspective article aims to provide an overview of the interplay between international entrepreneurship and the dynamics of family businesses, with a particular focus on post-entry decisions. Design/methodology/approach This paper is based on a short literature review. Findings The convergence of international entrepreneurship and family businesses presents a compelling area of study,
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Relationship between different resource and capability configurations and competitiveness – comparative study of Hungarian family and nonfamily firms Journal of Family Business Management Pub Date : 2023-11-07 Zoltán Kárpáti, Adrienn Ferincz, Balázs Felsmann
Purpose The purpose of this paper is to identify different types of resource and capability configurations among Hungarian family and nonfamily firms and explore which compositions can be considered competitive. In a rivalrous, dynamic world, understanding which sets of resources and capabilities lead to a higher level of competitiveness is vital. Design/methodology/approach This paper is based on
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Corporate governance and family business: a perspective article Journal of Family Business Management Pub Date : 2023-11-03 Franklin Nakpodia
Purpose The governance of family businesses has attracted considerable scrutiny among scholars and practitioners. This paper explores influences that have defined corporate governance practices in family firms in the last century and reflects on the possible direction of research and practice in the next century. Design/methodology/approach This manuscript undertakes a literature review of past and
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Hotel housekeepers in family hotel business: a perspective article Journal of Family Business Management Pub Date : 2023-10-30 Almudena Otegui Carles
Purpose The purpose of this research is to delve into the scientific literature on hotel housekeepers in family hotel businesses to suggest new research directions in this field. Design/methodology/approach This paper is based on a concise literature review to discuss the past and future of research on family hotel business. Findings Research on family hotel businesses and the relationships and working
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Family business in the Arabian Gulf region Journal of Family Business Management Pub Date : 2023-10-30 John Rice, Muhammad Mustafa Raziq, Anestis Fotiadis
Purpose The purpose of the paper is to provide some insights into the importance of family business in the transition of the Gulf Cooperation Council (GCC) region into a diversified, modern economic region. Design/methodology/approach This is a viewpoint paper, bringing together recent relevant academic and industry literature combined with the authors' observations of emerging regional trends. Findings
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Transgenerational value transmission in business-owning families: an indigenous African perspective Journal of Family Business Management Pub Date : 2023-10-23 Welcome Kupangwa, Shelley Maeva Farrington, Elmarie Venter
Purpose This study aims to investigate the favourable conditions that influence transgenerational value transmission (TVT), value acceptance and value similarity between generations in indigenous African business-owning families. Design/methodology/approach This study adopts a multiple case study design and draws on semi-structured face-to-face interviews to collect data from participants in seven
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Learning from family business researchers Journal of Family Business Management Pub Date : 2023-10-23 Vanessa Ratten, James J. Chrisman, Michael Mustafa, Salvatore Sciascia, Claire Seaman, Allan Discua Cruz, Feranita Feranita
Purpose This article provides commentary from well-known family business researchers on what they have learnt about the family business field and tips for the future. Design/methodology/approach Well-known family business management researchers were contacted in order to provide their feedback on the field of family business management. Their responses were then curated into an article that can help
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The effect of the Covid-19 epidemic on auditing quality and the reaction of family vs non-family businesses to Covid-19: the case of Jordan Journal of Family Business Management Pub Date : 2023-10-12 Esraa Esam Alharasis, Fairouz Mustafa
Purpose The purpose of this paper is to provide new scientific knowledge concerning the impact of the Covid-19 pandemic on auditing quality as determined by audit fees for both family- and non-family-owned firms in Jordan. Design/methodology/approach The authors use an ordinary least squares (OLS) regression firm-clustered standard error employing data from 200 Jordanian enterprises between 2005 and
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Navigating towards hyperautomation and the empowerment of human capital in family businesses: a perspective article Journal of Family Business Management Pub Date : 2023-10-13 Andrew Birkbeck, Lisa Rowe
Purpose This paper aims to explore the past and future impacts of automation on family businesses, with a focus on the opportunities for human capital empowerment. Design/methodology/approach This paper draws upon a contemporary literature search to examine a range of scholarly and practitioner perspectives of the challenges and benefits of automation, exploring the evolvement towards hyperautomation
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The relationship between the use of technologies and digitalization strategies for digital transformation in family businesses Journal of Family Business Management Pub Date : 2023-10-10 Sérgio Begnini, Ieda Margarete Oro, Graciele Tonial, Inocencia Boita Dalbosco
Purpose Analyzing the effect of digitalization strategies and barriers to digital transformation (DT) on the use of technologies, in the Brazilian context, is necessary to broaden the understanding of topics in emerging economies. Thus, empirical research to evaluate and analyze aspects related to DT in small and medium-sized family businesses in an emerging economy is necessary, as it is a necessary
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Board functions in governance arenas: a comparative case study of four Swedish family firms Journal of Family Business Management Pub Date : 2023-10-09 Jenny Ahlberg, Sven-Olof Yrjö Collin, Elin Smith, Timur Uman
Purpose The purpose of this paper is to explore board functions and their location in family firms. Design/methodology/approach Through structured induction in a four-case study of medium-sized Swedish family firms, the authors demonstrate that board functions can be located in other arenas than in the common board and suggest propositions that explain their distribution. Findings (1) The board is
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Formal advisors and succession process in family firms Journal of Family Business Management Pub Date : 2023-10-09 Marta Wojtyra-Perlejewska, Izabela Koładkiewicz
Purpose This study explores the roles of formal advisors (FAs) in the succession process of family firms and the factors that determine them. Design/methodology/approach Data for this study were collected through interviews with 38 FAs, including lawyers, tax advisors, financial ad-visors and others. Findings FAs play multiple roles simultaneously in succession processes (both internal and external)
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Ethnic fashion designers, entrepreneurs and family businesses: an African marketing perspective Journal of Family Business Management Pub Date : 2023-10-05 Satyendra Singh
Purpose The purpose of the perspective article is to review relevant literature on family business and ethnic fashion and establish links across identity (defined as culture, tradition, heritage and status) and fashion (color, design, pattern and fabric/texture) and internationalization (foreign market entry), and develop a conceptual model using the identity theory and qualitative method. Design/
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The state of family business research in the Visegrád countries Journal of Family Business Management Pub Date : 2023-10-06 Judit Csákné Filep, Olga Anna Martyniuk, Marta Wojtyra-Perlejewska
Purpose The institutional context in which family firms operate influences their behaviour and performance, yet literature reviews seldom analyse family firms on a regional basis. To fill this gap, this review aims to present research on family entrepreneurship in the transition economies of the Visegrád countries (V4). In this particular group of European economies, the current formal institutions
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Family business succession: opportunities from the Victorian wine industry Journal of Family Business Management Pub Date : 2023-10-03 Paul Strickland, Vanessa Ratten
Purpose This paper aims to examine the opportunities of continuous family succession in operating small-to-medium-sized wineries (SMWs) in Victoria, Australia. Design/methodology/approach Using case studies from Victoria, an exploratory qualitative approach was used to explore the benefits of continuous family succession in this conceptual paper. This included interviewing participants from wineries
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The influence of family dynamics on business performance: does effective leadership matter? Journal of Family Business Management Pub Date : 2023-10-03 Reshmini Maharajh, Shepherd Dhliwayo, Abdella Kosa Chebo
Purpose Family businesses have a dual objective of profit making and providing opportunities for family members. This duality leads to a conflict that may bring poor team work and communication, which is difficult to reconcile. Thus, the study looked into how the performance of family enterprises is affected by family dynamics. Additionally, it examines the relationship's ability to be mediated by
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Parental influence on next-generation family members in South African Black-owned family businesses Journal of Family Business Management Pub Date : 2023-09-28 Lwando Ntari, Ayanda Pamella Deliwe
Purpose There are many factors that contribute to a person's career choice. The decision of whether or not to join the family business is certainly most influenced by parents. The aim of this research is to determine how much of an impact parents have on their next-generation family members' (NGFMs) decision to join the family business. Design/methodology/approach Following a positivistic paradigm
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The effect of board diversity and tenure on environmental performance. Evidence from family and non-family firms Journal of Family Business Management Pub Date : 2023-09-26 Giovanna Gavana, Pietro Gottardo, Anna Maria Moisello
Purpose The aim of this paper is to examine the effect of structural and demographic board diversity as well as board tenure on family firms' environmental performance, by analyzing the differences between family and non-family businesses and within family firms. Design/methodology/approach Tobit regressions are applied to investigate the effect of independent directors, CEO non-duality, board gender
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Crisis management in family firms: do religion and secularization of family decision-makers’ matter? Journal of Family Business Management Pub Date : 2023-09-19 Johannes Thaller, Stefan Mayr, Birgit Feldbauer-Durstmüller
Purpose The unique dynamics of family firms (FFs) shape the management of financial crises. Religious and secular reasons, as a defining characteristic of this type of firm, provide a reference system for key management decisions. This paper aims to explore the under-researched topic of differences in FFs' crisis management between religious and secular family decision-makers (FDMs), considering secularization
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The family-level of generational involvement: impact on the nexus between entrepreneurial orientation and business performance among small family businesses Journal of Family Business Management Pub Date : 2023-09-19 Mei Xuan Liew, Yoke Mei Loo
Purpose The aim of this study was to obtain evidence of the practical significance of the generational involvement (GI) of top management teams (TMT) on the nexus between entrepreneurial orientation (EO) and business performance (BP) in small family businesses (SFBs). Design/methodology/approach This study employed a questionnaire survey of 112 Malaysian SFBs. The data was analyzed using descriptive
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Scoping the links between acquisitive crime, criminal predation and family business Journal of Family Business Management Pub Date : 2023-09-18 Robert Smith
Purpose The stereotypes of the dodgy businessman and businessman gangster are established typologies in both the criminology and family business literature, but nevertheless, there is still an evident dearth of substantive studies on the topic. Family business scholars have begun to acknowledge the limited nature of such explorations of criminality in family firm businesses. The purpose of this article
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Generation AI and family business: a perspective article Journal of Family Business Management Pub Date : 2023-09-12 Finn Lannon, Roisin Lyons, Christina O'Connor
Purpose This perspective article responds to the emergence of artificial intelligence (AI) as a significant opportunity for growth among family businesses, highlighting the need for future research to attain a clear picture of the next generation of family business successors. Design/methodology/approach This is a literature review of current technology adoption within family businesses. The authors
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Does female descendent entrepreneur's self-compassion and financial literacy matter for succession success? Journal of Family Business Management Pub Date : 2023-09-11 Zeshan Ahmad, Shahbaz Sharif, Iftikhar Ahmad, Syed Muhammad Waseem Abbas, Mussrat Shaheen
Purpose Present study investigated the influence of female descendent entrepreneur's self-compassion on the perceived succession success of small-family businesses (S-FB) with the mediating mechanism of financial literacy. Design/methodology/approach The primary data was collected from 319 female descendent entrepreneurs who were designated as chairwomen, and managing director positions in their retails
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Family entrepreneurship: a perspective article Journal of Family Business Management Pub Date : 2023-09-01 Kathleen Randerson
Purpose The author synthesizes research at the genesis of the field of family entrepreneurship, allowing to distinguish it from the field of family business. Indeed, family entrepreneurship is at the intersection of family, entrepreneurship and family business and is dedicated to the understanding of entrepreneurial behaviors of family, family members and family businesses. Here, the author emphasizes
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How family firm advisors understand their clients: a mixed-methods analysis of social capital signaling in web-based marketing Journal of Family Business Management Pub Date : 2023-08-23 Robert Randolph, Eric Kushins, Prachi Gala
Purpose Despite similarities, research across family business and business advising forwards contradictory conclusions when considering family business advising. The authors seek to integrate these literature and in doing so uncover both the hurdles facing family business advisors attempting to adapt tools developed in corporate advising to the family business context as well as the potential for greater
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Women entrepreneurs in transport family business: a perspective article Journal of Family Business Management Pub Date : 2023-08-22 Emmanuel Mogaji
Purpose This paper underscores the importance of conducting studies that examine the experiences of women transport entrepreneurs within the context of the intersectionality of patriarchal culture, the challenges posed by insufficient infrastructure on business operations and the dominance of the male-dominated transport industry. Design/methodology/approach This paper is based on a concise literature
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Family firm performance: the effects of organizational culture and organizational social capital Journal of Family Business Management Pub Date : 2023-08-15 Michele Stasa Ouzký, Ondřej Machek
Purpose The goal of this paper is to examine the mediating role of organizational social capital between family firms' organizational culture, characterized by their group vs individual orientation and external vs internal orientation, and their performance. Design/methodology/approach A structural equation model is developed and tested in a sample of 176 US family firms recruited through Prolific
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Technology and family business: from conceptualization to implementation in strategic planning – a perspective article Journal of Family Business Management Pub Date : 2023-08-15 Daniel Mandel Gandrita
Purpose This article offers a perspective on the evolution of strategic planning and strategic planning's implementation, particularly within the context of family business. This paper is structured into three sections: Introduction, literature review (LR), conclusion and practical and theoretical implications. The LR critically examines traditional planning tools and highlights the need for adopting