Performance and Behavior of Family Firms
Family involvement characterizes a large number of firms around the world and is thought to significantly impact their strategies, behavior, and performance. Family involvement occurs when a family exerts control over the firm through ownership and management. When family involvement leads to intent...
में बचाया:
| मुख्य लेखक: | |
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| स्वरूप: | Online |
| भाषा: | अंग्रेज़ी |
| प्रकाशित: |
MDPI - Multidisciplinary Digital Publishing Institute
2021
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| विषय: | |
| ऑनलाइन पहुंच: | 26463 |
| टैग: |
कोई टैग नहीं, इस रिकॉर्ड को टैग करने वाले पहले व्यक्ति बनें!
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| _version_ | 1869517215607291904 |
|---|---|
| author | Esra Memili (Ed.) |
| author_browse | Esra Memili (Ed.) |
| author_facet | Esra Memili (Ed.) |
| author_sort | Esra Memili (Ed.) |
| collection | Directory of Open Access Books |
| description | Family involvement characterizes a large number of firms around the world and is thought to significantly impact their strategies, behavior, and performance. Family involvement occurs when a family exerts control over the firm through ownership and management. When family involvement leads to intentions to pursue particularistic goals and strategies, controlling families are more likely to exert a significant influence on firm strategies, behavior, and performance. Indeed, intentions imply that a firm’s strategic behaviors will be oriented toward preserving the economic and socioemotional value of the firm for the family in the long term. Hence, the “essence” of a family firm is thought to be a function of a family’s influence on the culture, functioning, and behavior of the firm owing to the pursuit of a family’s vision for the firm. As a result, family firm behavior is expected to be distinct from those in non-family firms. Despite the inherent differences between family and non-family firms and heterogeneity among family firms, family involvement is under-researched in organizational studies, which limits the generalization of findings and leads to theoretical ambiguity. Financial strategic decisions and activities may be key to understanding differences between family and non-family firms. Therefore, we invited researchers to shed light on how a family uses its influence to affect financial strategies, behavior, and firm performance. |
| format | Online |
| id | doab-20.500.12854ir-56000 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | MDPI - Multidisciplinary Digital Publishing Institute |
| publisherStr | MDPI - Multidisciplinary Digital Publishing Institute |
| record_format | ojs |
| spelling | doab-20.500.12854ir-560002023-12-20T15:54:36Z Performance and Behavior of Family Firms Esra Memili (Ed.) HD28-70 Family Firms Firm Behavior Firm Performance bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniques::KJMV Management of specific areas Family involvement characterizes a large number of firms around the world and is thought to significantly impact their strategies, behavior, and performance. Family involvement occurs when a family exerts control over the firm through ownership and management. When family involvement leads to intentions to pursue particularistic goals and strategies, controlling families are more likely to exert a significant influence on firm strategies, behavior, and performance. Indeed, intentions imply that a firm’s strategic behaviors will be oriented toward preserving the economic and socioemotional value of the firm for the family in the long term. Hence, the “essence” of a family firm is thought to be a function of a family’s influence on the culture, functioning, and behavior of the firm owing to the pursuit of a family’s vision for the firm. As a result, family firm behavior is expected to be distinct from those in non-family firms. Despite the inherent differences between family and non-family firms and heterogeneity among family firms, family involvement is under-researched in organizational studies, which limits the generalization of findings and leads to theoretical ambiguity. Financial strategic decisions and activities may be key to understanding differences between family and non-family firms. Therefore, we invited researchers to shed light on how a family uses its influence to affect financial strategies, behavior, and firm performance. 2021-02-11T22:34:59Z 2021-02-11T22:34:59Z 2018-04-06 13:28:31 2018 book 26463 9783038427827 9783038427810 https://directory.doabooks.org/handle/20.500.12854/56000 eng image/png Attribution-NonCommercial-NoDerivatives 4.0 International http://www.mdpi.com/books/pdfview/book/569 http://www.mdpi.com/books/pdfview/book/569 MDPI - Multidisciplinary Digital Publishing Institute 10.3390/books978-3-03842-782-7 10.3390/books978-3-03842-782-7 46cabcaa-dd94-4bfe-87b4-55023c1b36d0 9783038427827 9783038427810 VI, 166 open access |
| spellingShingle | HD28-70 Family Firms Firm Behavior Firm Performance bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniques::KJMV Management of specific areas Esra Memili (Ed.) Performance and Behavior of Family Firms |
| title | Performance and Behavior of Family Firms |
| title_full | Performance and Behavior of Family Firms |
| title_fullStr | Performance and Behavior of Family Firms |
| title_full_unstemmed | Performance and Behavior of Family Firms |
| title_short | Performance and Behavior of Family Firms |
| title_sort | performance and behavior of family firms |
| topic | HD28-70 Family Firms Firm Behavior Firm Performance bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniques::KJMV Management of specific areas |
| topic_facet | HD28-70 Family Firms Firm Behavior Firm Performance bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniques::KJMV Management of specific areas |
| url | 26463 |
| work_keys_str_mv | AT esramemilied performanceandbehavioroffamilyfirms |