Family Business Review最新文献

{"title":"Back to the Roots: Applying the Concept of Individual Human Values to Understand Family Firm Behavior","authors":"Philipp Julian Ruf, Michael Graffius, Sven Wolff, Petra Moog, Birgit Felden","doi":"10.1177/0894486520944282","DOIUrl":"https://doi.org/10.1177/0894486520944282","url":null,"abstract":"This study examines the influence of individual owner-manager values on the different dimensions of socioemotional wealth in family firms. We argue that values of owner-managers in family firms are one of the underlying motivators for socioemotional wealth behavior and used structural equation modeling to test the assumed connection. The results of our data set with 1,003 cases show, in accordance with Schwartz’s value dimensions, that social- and person-oriented values influence different dimensions of the FIBER scale. Our findings help understand the importance of individual values, advance socioemotional wealth research, and contribute to the understanding of family firm behavior.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"34 1","pages":"48 - 70"},"PeriodicalIF":8.8,"publicationDate":"2020-07-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520944282","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41700591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Managing Traditions: A Critical Capability for Family Business Success","authors":"R. Suddaby, Peter Jaskiewicz","doi":"10.1177/0894486520942611","DOIUrl":"https://doi.org/10.1177/0894486520942611","url":null,"abstract":"Our purpose in this editorial is to draw attention to the powerful but undertheorized role played by traditions in family businesses. Our core argument is that traditions are the foundational element of successful family businesses. As we elaborate here, we believe that family business success and longevity are directly correlated with the capacity to successfully manage the creation, maintenance, and intergenerational transmission of traditions. Because of their unique nature, family business tensions are often intergenerational in character and, thus, rest on the family business’s capacity to integrate past, present, and future. We examine two key family business tensions in this editorial. The first is the tension between the need to maintain the business or innovate. De Massis et al. (2016) refer to this tension as the “innovation paradox,” but for reasons that will become obvious later, we refer to it as the Theseus paradox, a classic thought experiment from ancient Greek philosophy premised on the mythological hero best known for killing the Minotaur. The second is the tension between the need to honor the founder’s vision of the firm or adapt to the vision of the children. While this tension is commonly labelled as an issue of succession, we view the tension as broader and deeper than mere succession and term this tension the Oedipus paradox, a reference to another character of Greek myth who, in his efforts to save his city, unwittingly kills his father. While the two paradoxes derive from broader tensions of continuity versus change, they differ in that the first is premised on theories of path dependence and the second is premised on theories of imprinting. Traditions are the primary mechanism by which these tensions are navigated in family businesses. While research has acknowledged traditions as a distinguishing characteristic of family businesses (Lumpkin et al., 2008), the construct of traditions is only weakly theorized. In the absence of a strong theoretical frame, however, the empirical evidence of the role played by traditions in navigating these essential tensions of the family business remains unclear. We initiate the process of theorizing traditions in this editorial. We begin by describing how the hybrid structure of traditions as both structure (what gets transmitted across generations) and agency (the process of transmission) creates the opportunity to view traditions both as essentialist constructs that endure through time and as subjective constructs that are constantly being reinterpreted in an ever moving present. We then introduce the literature on rhetorical history that provides a framework explaining how the process of reinterpreting the past to manage the present actually occurs. Finally, we use this emergent theoretical framework to explain how traditions are used to resolve the Theseus paradox and the Oedipus paradox in family businesses.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"33 1","pages":"234 - 243"},"PeriodicalIF":8.8,"publicationDate":"2020-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520942611","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46609590","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Moral Emotions in Family Businesses: Exploring Vicarious Guilt of the Next Generation","authors":"Fabian Bernhard, Rania Labaki","doi":"10.1177/0894486520941944","DOIUrl":"https://doi.org/10.1177/0894486520941944","url":null,"abstract":"In this article, we explore intergenerational moral emotions as a psychological root of ethical management practices. We develop a conceptual model of next-generation guilt in family business by building on family systems and identification theories. We test it with a scenario approach depicting an ethical dilemma. Our findings suggest that the less identified the next generation is with the family, the more likely vicarious guilt emerges. Guilt then leads to intentions of more responsible behaviors, such as reparative actions, apologies, and change in business practices. The implications encourage future research on family business guilt and moral decisions across generations.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"34 1","pages":"193 - 212"},"PeriodicalIF":8.8,"publicationDate":"2020-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520941944","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45991281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"CEO Machiavellianism and Strategic Alliances in Family Firms","authors":"Jeffrey A. Chandler, O. Petrenko, A. Hill, Nathan T. Hayes","doi":"10.1177/0894486520938890","DOIUrl":"https://doi.org/10.1177/0894486520938890","url":null,"abstract":"In this study, we build on upper echelons theory and insights from psychology to suggest that CEO Machiavellianism is manifested in the alliance behaviors of family firms. Specifically, we argue that more Machiavellian chief executive officers (CEOs) seek out strategic alliances—as doing so provides opportunities to manipulate, control, and exploit others—and that their tendency toward manipulative and controlling behaviors results in less sustainable alliances. We also argue that the effect of CEO Machiavellianism on the engagement and sustainability of strategic alliances is affected by operating in family firms. Since the owning family often intervenes and mitigates any concerns regarding the organization or its leadership, we argue that any concerns that alliance partners have regarding more Machiavellian CEOs will be weaker as family ownership increases; as such, we argue that as family ownership increases, the positive relationship between CEO Machiavellianism and strategic alliance engagement will be more strongly positive while the negative relationship between CEO Machiavellianism and alliance sustainability will be less strongly negative. Our study presents and tests a theory of how more Machiavellian CEOs affect the decisions surrounding strategic alliances by providing a novel antecedent of the decisions surrounding strategic alliances in family firms. We find support for our arguments with a sample of Standard & Poor’s 500 firms.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"34 1","pages":"93 - 115"},"PeriodicalIF":8.8,"publicationDate":"2020-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520938890","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46749266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"From Intention to Trust to Behavioral Trust: Trust Building in Family Business Advising","authors":"Julia K. de Groote, Alexandra Bertschi-Michel","doi":"10.1177/0894486520938891","DOIUrl":"https://doi.org/10.1177/0894486520938891","url":null,"abstract":"By building on foundations from psychology, we aim to enhance academic understanding of the advising process in family businesses. We find evidence, based on rich qualitative data, suggesting that trust serves as a key construct in the relationship between family businesses and their advisors. In particular, we empirically show and theorize that trusting relationships evolve via a nonlinear process characterized by a constant interplay between cognitive and—increasingly important—affective assessments of family business trustors. The following types of trust emerge from these internal assessments: an intention to trust, which develops into perceived trust and finally results in behavioral trust.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"34 1","pages":"132 - 153"},"PeriodicalIF":8.8,"publicationDate":"2020-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520938891","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45883112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Nothing so practical as a good theory","authors":"N. Robinson","doi":"10.4324/9781315440323-2","DOIUrl":"https://doi.org/10.4324/9781315440323-2","url":null,"abstract":"","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"111 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2020-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80656157","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Family firms","authors":"Carole Howorth, N. Robinson","doi":"10.4324/9781315440323-3","DOIUrl":"https://doi.org/10.4324/9781315440323-3","url":null,"abstract":"","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"88 1 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2020-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85609079","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Succession issues and alternatives","authors":"Carole Howorth, N. Robinson","doi":"10.4324/9781315440323-6","DOIUrl":"https://doi.org/10.4324/9781315440323-6","url":null,"abstract":"","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"31 1","pages":""},"PeriodicalIF":8.8,"publicationDate":"2020-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85594065","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Family Versus Institutional Involvement in Restructuring: Evidence From the Communications Equipment Industry","authors":"Erick P. C. Chang, S. D. James","doi":"10.1177/0894486520934553","DOIUrl":"https://doi.org/10.1177/0894486520934553","url":null,"abstract":"The prospect of restructuring can be seen as a mixed gamble that creates tensions between family owners and institutional investors in publicly traded firms. Both sides diverge in their reference points as family owners will pursue noneconomic goals, while institutional owners will pursue economic goals. We develop and test arguments to predict how resistance from family owners and support from institutional owners affect a firm’s restructuring. Using panel data from 1990 to 2004, the findings support our predictions and show that family owners can achieve both economic and noneconomic goals post-restructuring.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"33 1","pages":"310 - 330"},"PeriodicalIF":8.8,"publicationDate":"2020-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520934553","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47000295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The “Most Wanted”: The Role of Family Strategic Resources and Family Involvement in CEO Succession Intention","authors":"Giovanna Campopiano, A. Calabrò, R. Basco","doi":"10.1177/0894486520927289","DOIUrl":"https://doi.org/10.1177/0894486520927289","url":null,"abstract":"Stemming from familiness and the notion of nonimitable strategic resources, we investigate, in the presuccession phase, the role of acquisition and accumulation of family strategic resources, along with the way family involvement in the top management team affects resource mobilization and deployment, in determining the intention to choose either a family or a nonfamily member as the next CEO. Data from a cross-country double-respondent family business data set (Successful Transgenerational Entrepreneurship Practices project) reveal that human capital is a significant family strategic resource reducing the intention to select a family CEO, although leveraging this resource by a top management team dominated by family members enhances this intention.","PeriodicalId":51365,"journal":{"name":"Family Business Review","volume":"33 1","pages":"284 - 309"},"PeriodicalIF":8.8,"publicationDate":"2020-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/0894486520927289","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44640472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}