European Journal of Family Business最新文献_第10页

Conditional mediation of competitive strategy and environment in international entrepreneurial orientation of family businesses 家族企业国际化创业导向中竞争战略与环境的条件中介

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/j.ejfb.2017.05.001

Felipe Hernández-Perlines , Esteban Mancebo-Lozano

引用次数: 12

Composition of familiness: Perspectives of social capital and open systems 家庭构成：社会资本与开放制度视角

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/j.ejfb.2016.12.002

Myriam Cano-Rubio, Guadalupe Fuentes-Lombardo, María Jesús Hernández-Ortiz, Manuel Carlos Vallejo-Martos

引用次数: 16

Knowledge management, flexibility and firm performance: The effects of family involvement 知识管理、灵活性与企业绩效：家庭参与的影响

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/j.ejfb.2017.06.001

Antonio J. Carrasco-Hernández, Daniel Jiménez-Jiménez

{"title":"Knowledge management, flexibility and firm performance: The effects of family involvement","authors":"Antonio J. Carrasco-Hernández, Daniel Jiménez-Jiménez","doi":"10.1016/j.ejfb.2017.06.001","DOIUrl":"https://doi.org/10.1016/j.ejfb.2017.06.001","url":null,"abstract":"<div><p>After the last global crisis, firms needed to change and adapt better to the environment. In this scenario, knowledge management is the most important strategic resource, and therefore, it is considered critical for improving firm performance.</p><p>However, knowledge management processes and the dynamic environment demand new ways of personnel management, especially a break from traditional and rigid forms of working. As a result of these experiments several innovations in work systems, managerial practices, and personnel policies have appeared. This study examines the holistic relationship between knowledge management, flexibility and firm performance in family firms.</p><p>The results show that knowledge management has a positive influence on firm performance. Also, flexibility is not significantly related to firm performance. However, flexibility is positive and significantly related to knowledge management. Furthermore, there is no linear relationship between family involvement in ownership and management, and flexibility and knowledge management in the firm.</p></div>","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ejfb.2017.06.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72071510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 11

Conditional mediation of competitive strategy and environment in international entrepreneurial orientation of family businesses 竞争战略与环境对家族企业国际化创业取向的条件中介作用

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/J.EJFB.2017.05.001

Felipe Hernández-Perlines, Esteban Mancebo-Lozano

引用次数: 11

President interlocking, family firms and performance during turbulent times: Evidence from Latin America 总裁连锁、家族企业与动荡时期的业绩:来自拉丁美洲的证据

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/J.EJFB.2016.12.001

Karen Watkins-Fassler, Virginia Fernández-Pérez, Lázaro Rodríguez‐Ariza

引用次数: 17

Impact of financial crisis and family control on earning management of Portuguese listed firms 金融危机与家族控制对葡萄牙上市公司盈余管理的影响

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/j.ejfb.2017.06.002

Inês Lisboa

{"title":"Impact of financial crisis and family control on earning management of Portuguese listed firms","authors":"Inês Lisboa","doi":"10.1016/j.ejfb.2017.06.002","DOIUrl":"https://doi.org/10.1016/j.ejfb.2017.06.002","url":null,"abstract":"<div><p>Accounting information is used to evaluate the firm's financial performance. Although, firms may have incentives to engage in earnings management, misleading all stakeholders. This study aims to analyse earnings management behaviours of Portuguese listed firms. Both accrual-based and real activities of earnings management are analysed to draw an overall picture of earnings management’ strategies. Most studies focused only in discretionary accruals as a proxy for earnings management, since cash flow-based earnings management is more difficult to detect. Although both strategies can be complementary instead of substituting. Moreover, the impact of financial crisis, family control, and firm characteristics is taken into account. Previous literature found that 2008 crisis had impact on earnings management as firms want to meet debt covenants and investors’ expectations. Moreover, family firms also impact the magnitude of earnings management. While some researchers found a negative relationship since managers are highly controlled, others found the opposite relationship because the family may want to maximize their own wealth. Analysing 51 listed firms, from 2003 till 2015, results show that firms engage more in earnings management during crisis, when the firm's financial situation is less stable. In addition, accrual-based earnings management is higher in family firms than in non-family ones, suggesting less quality of information in the first group. Due to less control of family firms, the family may expropriate minority investors’ wealth to increase personal benefits. Finally, the impact of firms’ characteristics on earnings management depends on the proxy of earning management analysed, suggesting that firms use accrual or real-activities earnings management depending on its purposes.</p></div>","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ejfb.2017.06.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72071509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 27

Knowledge management, flexibility and firm performance: The effects of family involvement 知识管理、柔性与企业绩效:家族参与的影响

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/J.EJFB.2017.06.001

A. Carrasco-Hernández, D. Jiménez-Jiménez

引用次数: 11

Impact of financial crisis and family control on earning management of Portuguese listed firms 金融危机与家族控制对葡萄牙上市公司盈余管理的影响

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/J.EJFB.2017.06.002

Inês Lisboa

引用次数: 26

Composition of familiness: Perspectives of social capital and open systems 家族性的构成:社会资本与开放制度的视角

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/J.EJFB.2016.12.002

Myriam Cano‐Rubio, Guadalupe Fuentes‐Lombardo, M. J. Hernández-Ortiz, Manuel Carlos Vallejo-Martos

引用次数: 16

President interlocking, family firms and performance during turbulent times: Evidence from Latin America 动荡时期的总统连锁、家族企业和业绩：来自拉丁美洲的证据

European Journal of Family Business Pub Date : 2016-07-01 DOI: 10.1016/j.ejfb.2016.12.001

Karen Watkins-Fassler , Virginia Fernández-Pérez , Lázaro Rodríguez-Ariza

{"title":"President interlocking, family firms and performance during turbulent times: Evidence from Latin America","authors":"Karen Watkins-Fassler , Virginia Fernández-Pérez , Lázaro Rodríguez-Ariza","doi":"10.1016/j.ejfb.2016.12.001","DOIUrl":"https://doi.org/10.1016/j.ejfb.2016.12.001","url":null,"abstract":"<div><p>In Latin America, company ownership is typically concentrated in the hands of controlling families, who build powerful business groups which facilitate interlocking practices. The purpose of this study is to examine how President interlocking relates with financial performance in Latin American firms, under uncertainty circumstances. Using regression analysis (panel least squares), the association between return on assets and President interlocking during turbulent times is analyzed. For the latter, annual data (2009–2010) from non-financial publicly traded companies in Chile (243 firms) and Mexico (89 firms) is employed. It is documented that President interlocking in Latin American firms is positively associated with financial performance. However, this effect is higher in Chile than in Mexico, where minority shareholders and other stakeholders are better protected against expropriation. This study increases the understanding of the strengths of President interlocks in stormy times, by introducing the Latin American context.</p></div>","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ejfb.2016.12.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72071506","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 17