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From tradition to technological advancement: embracing blockchain technology in family businesses 从传统到技术进步:家族企业拥抱区块链技术
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-09-05 DOI: 10.1108/jfbm-08-2024-0161
Deepak Kumar
<h3>Purpose</h3><p>Despite the rapid advancement of blockchain technology across various sectors, scholarly research on its application within family businesses remains significantly underdeveloped. This study aims to address this gap by examining the application of blockchain technology within family businesses to identify key application domains, benefits and implementation challenges.</p><!--/ Abstract__block --><h3>Design/methodology/approach</h3><p>The study employs a conceptual approach, drawing on existing literature on family businesses and blockchain technology. This review aimed to identify the unique characteristics of family businesses, their challenges and the distinctive features of blockchain technology that can potentially be mapped to each other. Based on the literature review, we develop a conceptual framework exploring blockchain technology applications in family businesses. Real-world case studies of family businesses that have implemented blockchain technology were identified to provide practical insights and implementation challenges.</p><!--/ Abstract__block --><h3>Findings</h3><p>Blockchain technology possesses transformative potential for family businesses across several critical domains. It includes enhancing trust and transparency in operations, improving governance and decision-making and facilitating succession planning and intergenerational wealth management. Case study evidence illustrates the tangible benefits of blockchain, including enhanced supply chain transparency, optimized business processes, increased customer trust and resultant business sustainability. Blockchain technology implementation challenges include data privacy concerns, integration with legacy systems, regulatory uncertainty and change management issues.</p><!--/ Abstract__block --><h3>Research limitations/implications</h3><p>This study is limited by its reliance on existing literature and case studies. It may not capture the full spectrum of challenges and opportunities associated with blockchain applications in family businesses. Future research should focus on longitudinal and empirical research to provide a deeper understanding of the impact of blockchain technology application in family businesses.</p><!--/ Abstract__block --><h3>Originality/value</h3><p>This study contributes to the literature by exploring the intersection of family businesses and blockchain technology, an area that has received limited academic attention. It identifies potential application domains of blockchain technology in family businesses and develops a conceptual framework based on existing literature. Through case studies, the research provides practical insights and valuable lessons for family businesses considering blockchain implementation. It also addresses key considerations and challenges, providing a clear roadmap for blockchain technology integration in family businesses. The study lays the groundwork for further research and exploration in blockch
目的尽管区块链技术在各行各业发展迅速,但有关其在家族企业中应用的学术研究仍然严重不足。本研究旨在通过考察区块链技术在家族企业中的应用,确定关键应用领域、优势和实施挑战,从而弥补这一不足。 设计/方法/途径本研究采用概念方法,借鉴了有关家族企业和区块链技术的现有文献。该综述旨在确定家族企业的独特性、其面临的挑战和区块链技术的显著特征,这些特征有可能相互映射。在文献综述的基础上,我们制定了一个探索区块链技术在家族企业中应用的概念框架。我们还确定了已实施区块链技术的家族企业的真实案例研究,以提供实用见解和实施挑战。它包括增强运营中的信任和透明度,改善治理和决策,促进继承规划和代际财富管理。案例研究证明了区块链带来的实实在在的好处,包括提高供应链透明度、优化业务流程、增强客户信任以及实现业务可持续性。区块链技术实施面临的挑战包括数据隐私问题、与遗留系统的整合、监管的不确定性以及变革管理问题。它可能无法全面反映家族企业应用区块链所面临的挑战和机遇。未来的研究应侧重于纵向和实证研究,以便更深入地了解区块链技术应用在家族企业中的影响。原创性/价值本研究通过探索家族企业与区块链技术的交叉点为文献做出了贡献,而这一领域在学术界受到的关注有限。它确定了区块链技术在家族企业中的潜在应用领域,并在现有文献的基础上建立了一个概念框架。通过案例研究,研究为考虑实施区块链的家族企业提供了实用的见解和宝贵的经验。研究还探讨了关键的考虑因素和挑战,为家族企业整合区块链技术提供了清晰的路线图。本研究为进一步研究和探索区块链技术与家族企业奠定了基础。
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引用次数: 0
Job crafting and entrepreneurial innovativeness: the moderated mediation roles of dynamic capabilities and self-initiated AI learning 工作制作与创业创新:动态能力与自主人工智能学习的调节中介作用
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-09-04 DOI: 10.1108/jfbm-08-2024-0169
Stewart Selase Hevi, Clemence Dupey Agbenorxevi, Innocent Senyo Kwasi Acquah, Ebenezer Malcalm, Francisca Abena Akomaso Nyamful

Purpose

This paper investigates the moderated mediation roles of dynamic capabilities and self-initiated AI learning between job crafting and entrepreneurial innovativeness among owner-managers of family craft businesses in Ghana.

Design/methodology/approach

A convenience sampling technique was used in the selection of 498 family craft business owner-managers in Ghana. The paper deployed regression analysis to examine the hypothesized paths.

Findings

Using hierarchical regression, job crafting was found to have a positive effect on entrepreneurs’ innovativeness. Further, dynamic capabilities moderate the mediated link between self-initiated AI learning and entrepreneurial innovativeness.

Research limitations/implications

The current study assesses self-initiated learning for work adjustment from a cross-sectional design perspective. Though, this research design is effective in the assessment of opinions and attitudes of persons, it is limited in its capacity to reflect changing opinions and attitudes overtime. This study recommends future studies to conduct a longitudinal survey on the phenomenon.

Originality/value

This study is one of the first to deploy AI affordances to extend empirical literature on the novel SIWAL concept for work adjustment among craft family business owner-managers in Africa.

目的 本文研究了动态能力和自发人工智能学习在加纳家庭手工业企业所有者管理者的工作技能和创业 创新能力之间的调节中介作用。本文采用回归分析法来研究假设的路径。研究结果通过分层回归发现,工作流程对企业家的创新能力有积极影响。此外,动态能力缓和了自发人工智能学习与企业家创新能力之间的中介联系。研究局限/启示目前的研究从横截面设计的角度评估了工作调整的自发学习。虽然这种研究设计能有效评估人们的观点和态度,但它在反映观点和态度随时间变化的能力方面存在局限性。本研究建议今后的研究对这一现象进行纵向调查。原创性/价值 本研究是首批利用人工智能功能扩展有关非洲手工艺家族企业所有者-管理者工作调整的新颖 SIWAL 概念的实证文献之一。
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引用次数: 0
Tacit knowledge sharing in a Lebanese family business: the influence of organizational structure and tie strength 黎巴嫩家族企业的隐性知识共享:组织结构和联系强度的影响
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-30 DOI: 10.1108/jfbm-05-2024-0096
Hoda Awada, Moustafa Haj Youssef

Purpose

This study explores the influence of organizational structure on relationship formation and tacit knowledge sharing within a family business context.

Design/methodology/approach

Utilizing a single case study approach, data were collected through interviews and questionnaires from 12 participants at a family-owned advertising and communication firm in Beirut, Lebanon.

Findings

The research highlights the critical role of organizational structure in enhancing organizational effectiveness through knowledge transfer. It underscores how both intraorganizational and interorganizational ties influence knowledge sharing processes and demonstrates the varying impacts of tie strength on tacit knowledge distribution.

Originality/value

This paper contributes to the literature by examining the interdependence between organizational structure, tacit knowledge transfer and tie strength in family businesses. By analyzing these elements across internal and external boundaries, the study offers a fresh perspective on network dynamics. The research highlights that traditional definitions of network ties may not fully capture the unique environment of family firms, where structural nuances impact knowledge sharing and performance. Practically, the findings provide actionable insights for managers to design organizational structures that optimize tacit knowledge flow, fostering innovation and competitiveness. This work challenges existing frameworks and offers guidance for improving knowledge management in family businesses, supporting sustainable growth and success.

目的本研究探讨了家族企业中组织结构对关系形成和隐性知识共享的影响。研究结果本研究强调了组织结构在通过知识转移提高组织效率方面的关键作用。本文通过研究家族企业中组织结构、隐性知识转移和联系强度之间的相互依存关系,为相关文献做出了贡献。通过分析这些跨越内部和外部界限的要素,本研究为网络动态提供了一个全新的视角。研究强调,传统的网络联系定义可能无法完全捕捉家族企业的独特环境,在这种环境下,结构上的细微差别会影响知识共享和绩效。在实践中,研究结果为管理者提供了可操作的见解,帮助他们设计优化隐性知识流动的组织结构,促进创新和提高竞争力。这项工作对现有框架提出了挑战,并为改善家族企业的知识管理、支持可持续增长和成功提供了指导。
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引用次数: 0
Artificial intelligence and family businesses: a systematic literature review 人工智能与家族企业:系统文献综述
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-30 DOI: 10.1108/jfbm-08-2024-0160
Deepak Kumar, Vanessa Ratten

Purpose

This paper examines the integration of artificial intelligence (AI) within family businesses, focusing on how AI can enhance their competitiveness, resilience and sustainability. The study seeks to provide insights into AI’s application in family business contexts, addressing the unique strengths and challenges these businesses face.

Design/methodology/approach

A systematic literature review was conducted to synthesize existing research on the adoption and integration of AI in family businesses. The review involved a comprehensive analysis of relevant academic literature to identify key trends, opportunities, challenges and factors influencing AI adoption in family-owned enterprises.

Findings

The review highlights the significant potential of AI for family businesses, particularly in improving operations, decision-making and customer engagement. It identifies opportunities such as analysing customer data, enhancing brand building, streamlining operations and improving customer experiences through technologies like Generative AI, Machine Learning, AI Chatbots and NLP. However, challenges like resource constraints, inadequate infrastructure, low customization and AI knowledge gaps inhibit AI adoption in family firms. The study proposes an AI adoption roadmap tailored for family businesses and outlines future research directions based on emerging themes in AI use within these enterprises.

Originality/value

This paper addresses the underexplored area of AI integration in family businesses, contributing to the academic understanding of the intersection between AI and family-owned enterprises. The study offers a comprehensive synthesis of existing research, providing valuable insights and practical recommendations for enhancing the competitiveness and sustainability of family businesses through AI adoption.

目的 本文探讨了人工智能(AI)与家族企业的融合,重点关注人工智能如何增强家族企业的竞争力、适应力和可持续性。本研究旨在深入探讨人工智能在家族企业中的应用,解决这些企业所面临的独特优势和挑战。设计/方法/途径进行了系统的文献综述,以归纳有关家族企业采用和整合人工智能的现有研究。综述对相关学术文献进行了全面分析,以确定影响家族企业采用人工智能的主要趋势、机遇、挑战和因素。综述强调了人工智能对家族企业的巨大潜力,特别是在改善运营、决策和客户参与方面。它指出了一些机遇,如通过生成式人工智能、机器学习、人工智能聊天机器人和 NLP 等技术分析客户数据、加强品牌建设、简化运营和改善客户体验。然而,资源限制、基础设施不足、定制化程度低和人工智能知识差距等挑战阻碍了人工智能在家族企业中的应用。本研究提出了为家族企业量身定制的人工智能应用路线图,并根据这些企业中人工智能应用的新兴主题概述了未来的研究方向。 原创性/价值 本文探讨了家族企业中人工智能整合这一尚未充分探索的领域,有助于学术界了解人工智能与家族企业之间的交叉点。本研究对现有研究进行了全面综合,为通过采用人工智能提高家族企业的竞争力和可持续性提供了有价值的见解和实用建议。
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引用次数: 0
Women on board and financial distress: channeling effect of family firms 董事会中的女性与财务困境:家族企业的渠道效应
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-27 DOI: 10.1108/jfbm-05-2024-0092
Nguyen Vinh Khuong, Mai Quynh Anh, Mai Thi Thanh Thao, Tran Thanh Thao, Nguyen Hong Hanh, Le Thi Hoai Vy

Purpose

This study seeks to evaluate gender diversity within family members and analyze its effects on financial distress in firms listed in Vietnam.

Design/methodology/approach

The research employs a Generalized Method of Moments (GMM) regression model to assess the impact of gender diversity on corporate board performance, including factors such as the presence and proportion of female directors, female directors with family ties and the gender of CEOs. The study covers 152 listed companies on the HNX and HOSE exchanges from 2015 to 2022. The GMM model is chosen for its robustness in dealing with endogeneity issues and its ability to provide consistent estimates in the presence of potential correlation between explanatory variables and unobserved effects. This approach allows for a more accurate evaluation of how gender diversity influences operational efficiency and how these companies manage financial difficulties within the sample period.

Findings

Our research shows that diversity on the Board of Directors (BOD) as well as female CEO employment not only does not reduce the financial distress of businesses but also increases this situation. However, being both a female and a family member of the BOD is negatively related to financial distress. This can help female members who have connections with the family contribute to the work of adjusting and monitoring the business's operations to suit the family's goals, contributing to improving the operational efficiency of the business. BOD maximizes profits and contributes to promoting the company's sustainable development goals. From there, limited ability to travel and financial exhaustion.

Practical implications

The empirical results obtained from this study contribute to building a solid knowledge base, supporting businesses in the policymaking process and providing empirical evidence to enrich learning materials.

Originality/value

This study provides empirical evidence on how gender diversity influences the financial challenges of businesses, especially within the context of publicly listed companies in Vietnam. It stands out from previous literature by specifically focusing on listed companies in Vietnam. By analyzing the impact of gender diversity on financial difficulties, this study also clarifies how various factors can influence management and business development.

研究采用广义矩量法(GMM)回归模型来评估性别多元化对公司董事会绩效的影响,包括女性董事的存在和比例、有家庭关系的女性董事以及首席执行官的性别等因素。研究涵盖了 2015 年至 2022 年 HNX 和 HOSE 交易所的 152 家上市公司。之所以选择 GMM 模型,是因为该模型在处理内生性问题时具有稳健性,并且能够在解释变量和非观测效应之间存在潜在相关性的情况下提供一致的估计值。我们的研究结果表明,董事会(BOD)的多元化以及女性首席执行官的聘用不仅不会减少企业的财务困境,反而会加剧这种状况。然而,董事会中的女性成员和家族成员与财务困境呈负相关。这有助于与家族有联系的女性成员参与调整和监督企业运营的工作,以适应家族的目标,有助于提高企业的运营效率。BOD 实现了利润最大化,并为促进公司的可持续发展目标做出了贡献。本研究获得的实证结果有助于建立坚实的知识基础,在政策制定过程中为企业提供支持,并为丰富学习材料提供实证证据。与以往的文献相比,本研究特别关注越南的上市公司。通过分析性别多样性对财务困难的影响,本研究还阐明了各种因素如何影响管理和业务发展。
{"title":"Women on board and financial distress: channeling effect of family firms","authors":"Nguyen Vinh Khuong, Mai Quynh Anh, Mai Thi Thanh Thao, Tran Thanh Thao, Nguyen Hong Hanh, Le Thi Hoai Vy","doi":"10.1108/jfbm-05-2024-0092","DOIUrl":"https://doi.org/10.1108/jfbm-05-2024-0092","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study seeks to evaluate gender diversity within family members and analyze its effects on financial distress in firms listed in Vietnam.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The research employs a Generalized Method of Moments (GMM) regression model to assess the impact of gender diversity on corporate board performance, including factors such as the presence and proportion of female directors, female directors with family ties and the gender of CEOs. The study covers 152 listed companies on the HNX and HOSE exchanges from 2015 to 2022. The GMM model is chosen for its robustness in dealing with endogeneity issues and its ability to provide consistent estimates in the presence of potential correlation between explanatory variables and unobserved effects. This approach allows for a more accurate evaluation of how gender diversity influences operational efficiency and how these companies manage financial difficulties within the sample period.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>Our research shows that diversity on the Board of Directors (BOD) as well as female CEO employment not only does not reduce the financial distress of businesses but also increases this situation. However, being both a female and a family member of the BOD is negatively related to financial distress. This can help female members who have connections with the family contribute to the work of adjusting and monitoring the business's operations to suit the family's goals, contributing to improving the operational efficiency of the business. BOD maximizes profits and contributes to promoting the company's sustainable development goals. From there, limited ability to travel and financial exhaustion.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>The empirical results obtained from this study contribute to building a solid knowledge base, supporting businesses in the policymaking process and providing empirical evidence to enrich learning materials.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study provides empirical evidence on how gender diversity influences the financial challenges of businesses, especially within the context of publicly listed companies in Vietnam. It stands out from previous literature by specifically focusing on listed companies in Vietnam. By analyzing the impact of gender diversity on financial difficulties, this study also clarifies how various factors can influence management and business development.</p><!--/ Abstract__block -->","PeriodicalId":51790,"journal":{"name":"Journal of Family Business Management","volume":"22 1","pages":""},"PeriodicalIF":2.7,"publicationDate":"2024-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142204578","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Organisational learning in family firms: a systematic review 家族企业的组织学习:系统回顾
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-20 DOI: 10.1108/jfbm-06-2024-0131
Thomas Moser, Margarietha Johanna de Villiers Scheepers, Saskia de Klerk

Purpose

Organisational learning (OL) is a critical capability family firms (FFs) need in order to adapt to an increasingly turbulent environment. Given the uniqueness of FFs and their differentiated decision-making processes, this review addresses fragmentation in the literature and synthesises prior research outlining the development of OL in FFs.

Design/methodology/approach

A systematic literature review was conducted using four databases, and 53 pertinent papers on OL in FFs published from 1998 to 2023 were analysed using the theory, characteristics, context and methodology (TCCM) framework.

Findings

The last five years (2019–2023) show a marked increase in interest in OL in FFs, with a rise in the number of quantitative studies. The findings indicate that OL is mainly studied as a unidimensional construct, while it is a multidimensional capability. Strategic management and organisational behaviour theories are commonly employed, while theories specific to family business such as socioemotional wealth (SEW) and familiness are underrepresented. Most studies focus on FFs in the Northern Hemisphere, and few studies examine OL in FFs located in the Global South. The TCCM framework reveals the complexity and multi-layered nature of OL in FFs.

Originality/value

This is one of the first systematic reviews to synthesise research on OL in FFs. The proposed research agenda identifies fruitful areas for future investigations concentrating on the multidimensional nature of OL, family-related outcomes, as well as contextual and methodological research directions of interest to family business researchers.

目的组织学习(OL)是家族企业(FFs)适应日益动荡的环境所需的一项关键能力。鉴于FFs的独特性及其差异化的决策过程,本综述针对文献中的碎片化问题,对之前概述FFs中OL发展的研究进行了归纳。设计/方法/途径使用四个数据库进行了系统的文献综述,并使用理论、特征、背景和方法(TCCM)框架对1998年至2023年发表的53篇关于FFs中OL的相关论文进行了分析。研究结果最近五年(2019-2023年),人们对FFs中OL的兴趣明显增加,定量研究的数量也有所增加。研究结果表明,OL主要是作为一种单维建构进行研究的,而它是一种多维能力。战略管理和组织行为理论被普遍采用,而社会情感财富(SEW)和家族性等家族企业特有的理论则未被充分采用。大多数研究集中于北半球的家族企业,很少有研究考察全球南部家族企业的 OL。TCCM框架揭示了外籍家庭中OL的复杂性和多层次性。建议的研究议程为今后的调查确定了富有成效的领域,这些领域集中于 OL 的多维性、与家庭相关的结果,以及家族企业研究人员感兴趣的背景和方法研究方向。
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引用次数: 0
Exploratory analysis of the antecedents of failure in family businesses: cases from Catalunya 家族企业失败诱因的探索性分析:加泰罗尼亚的案例
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-16 DOI: 10.1108/jfbm-03-2024-0058
Ani Hayrapetyan, Alexandra Simon

Purpose

Family businesses (FBs) are considered an essential type of entrepreneurship that impacts economic growth. However, statistics show that after a period of performance they ultimately fail, and comparatively little is known about the reasons for their failing when compared to the amount of research focusing on keys to success.

Design/methodology/approach

Through the implementation of an case study technique, which is widely used in research to address the complex phenomenon of failure, this paper aims to analyse the antecedents of failure in the case of four Catalan FBs. In doing so, this article develops propositions based on Institutional Economics Theory and Dynamic Capability Theory, with a focus on innovation and product diversification in family firms.

Findings

Using interviews as a means of obtaining a large amount of information, it is observed that problems related to governmental regulations and constantly changing social behaviour can lead to failure for FBs. Additionally, a link between R&D activities and new product development and FB failure is observed. More specifically, this research highlights that a lack of product diversification and innovation can become a hindrance for FB performance when the institutional environment is unstable. It reveals the importance of developing dynamic capabilities that can meet the demands of fast-changing consumer behaviour. From a practical perspective, these findings can be used by governments in developing regulations focused on the dynamic capabilities of FBs, and by managers in order to learn from these experiences and implement appropriate strategies for long-term development and crisis management.

Originality/value

This paper theoretically contributes to both the FB literature, as well as to institutional economics and dynamic capability theories by offering a combined perspective on how FB's dynamic capabilities change based on environmental factors and impact FB failure.

目的家族企业(FBs)被认为是影响经济增长的一种重要创业类型。然而,统计数据显示,这些企业在经历了一段时间的业绩增长后最终会失败,与关注成功关键的研究相比,人们对其失败原因的了解相对较少。在此过程中,本文以制度经济学理论和动态能力理论为基础提出了一些命题,重点关注家族企业的创新和产品多样化。此外,研究还发现研发活动和新产品开发与家族企业失败之间存在联系。更具体地说,这项研究强调,在制度环境不稳定的情况下,缺乏产品多样化和创新会阻碍金融企业的绩效。它揭示了发展动态能力以满足快速变化的消费者行为需求的重要性。从实践的角度来看,政府可以利用这些发现来制定关注金融企业动态能力的法规,管理者也可以利用这些发现来吸取经验教训,实施适当的长期发展和危机管理战略。 原创性/价值 本文从理论上对金融企业文献以及制度经济学和动态能力理论做出了贡献,提供了一个关于金融企业动态能力如何根据环境因素发生变化并影响金融企业失败的综合视角。
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引用次数: 0
Understanding customer’s post-M&A intentions and behaviors: the role of the family business brand and previous reputation of the acquiring firm 了解客户并购后的意向和行为:家族企业品牌和并购企业以往声誉的作用
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-16 DOI: 10.1108/jfbm-04-2024-0077
Sonia M.M. Strano, Isabel C. Botero, Tomasz A. Fediuk, Vincenzo Pisano

Purpose

Mergers and acquisitions (M&As) are a critical time for organizations and their consumers. For the company, there are many financial and non-financial risks. For customers, it requires deciding whether or not to continue the relationship that they had with the previous firm. This paper explores the extent to which communicating the family business (FB) brand, and the previous reputation of the acquirer affects customer perceptions and intentions after an M&A event.

Design/methodology/approach

Data for this study were collected from 159 Italian participants. We used a 2 (Communication of FB brand: Yes vs. No) by 3 (Reputation: positive, neutral, negative) between subjects’ experiment to test how the communication of the FB brand and the reputation of the acquirer affected perceived trustworthiness and service quality, and how this, in turn, influenced customer purchase intentions.

Findings

We find that communicating the FB brand does not influence consumer perceptions and intentions toward the acquired company. However, the previous reputation of the acquiring firm is critical in influencing consumer perceptions and intentions to buy.

Originality/value

Our study continues the growing research on M&A in family firms. It also increases our understanding of the boundary conditions of the FB brand effects, and the relevance that the previous reputation of a family firm can have in M&A scenarios. Finally, our study introduces the “Halo” and “Velcro” effects into the FB literature.

目的 并购(M&As)对于企业及其消费者来说是一个关键时期。对公司而言,存在许多财务和非财务风险。对客户而言,则需要决定是否继续保持与前一家公司的关系。本文探讨了家族企业(FB)品牌的传播以及收购方之前的声誉在多大程度上影响了并购事件后客户的看法和意向。我们使用了一个 2(FB 品牌传播:是 vs. 否)乘以 3(声誉:正面、中性、负面)的受试者间实验,以检验 FB 品牌传播和收购方声誉如何影响感知的可信度和服务质量,以及这反过来又如何影响客户的购买意向。然而,收购公司之前的声誉对消费者的看法和购买意向有着至关重要的影响。它还加深了我们对 FB 品牌效应边界条件的理解,以及家族企业以前的声誉在并购情景中的相关性。最后,我们的研究将 "光环 "效应和 "魔术贴 "效应引入了家族企业文献。
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引用次数: 0
Female directors' representation and firm carbon emissions performance: does family control matter? 女性董事代表与公司碳排放绩效:家族控制是否重要?
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-15 DOI: 10.1108/jfbm-06-2024-0121
Ahmed Atef Oussii, Maher Jeriji

Purpose

This study investigates whether female board representation reduces carbon emissions in French-listed companies. It also analyzes to what extent and in what direction family control moderates this relationship.

Design/methodology/approach

The authors collected data from nonfinancial French-listed companies between 2017 and 2022, totalizing 468 firm-year observations. Then, the data were analyzed using linear regression models with panel data.

Findings

Findings show that board diversity improves firms' emission reduction performance, suggesting that women on board constitute a valuable resource that can bring distinctive management styles to improve carbon emission performance. Furthermore, the carbon performance-favorable orientation of women on board tends to be weaker, according to the family’s interests and wishes.

Practical implications

This research highlights that female directors help boards address carbon risk only in nonfamily firms. Our study also supports policymakers' efforts to improve diversity in the board of directors through the mandatory female directorship quota of 40% since 2011 in France.

Originality/value

This study extends past literature by providing new insights into the effect of board gender diversity and family control on carbon emissions performance in the French context, which is characterized by an increasing trend for higher carbon engagement by listed firms in France, mainly after the Paris Agreement.

目的本研究调查了女性董事会代表是否会减少法国上市公司的碳排放。作者收集了 2017 年至 2022 年期间法国非金融类上市公司的数据,共计 468 个公司年观测值。研究结果研究结果表明,董事会的多元化能提高企业的减排绩效,这表明董事会中的女性是一种宝贵的资源,能带来与众不同的管理风格,从而提高碳排放绩效。此外,根据家族利益和意愿,董事会中女性的碳绩效有利导向往往较弱。本研究扩展了以往的文献,就法国背景下董事会性别多样性和家族控制对碳排放绩效的影响提供了新的见解,其特点是法国上市公司的碳参与度呈上升趋势,主要是在《巴黎协定》之后。
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引用次数: 0
Family business culture: a strategic resource and driver of firm performance 家族企业文化:企业绩效的战略资源和驱动力
IF 2.7 Q2 MANAGEMENT Pub Date : 2024-08-15 DOI: 10.1108/jfbm-03-2024-0064
Kent K. Alipour, Dennis Barber, John H. Batchelor, Whitney Peake, Seth Jones, Tim McIlveene

Purpose

Through a resource-based theoretical lens, we elucidate conditions under which family business culture (FBC) amplifies the positive effects of high-performance work systems (HPWS) intensity and exacerbates the negative effects of low human capital uniqueness (HCU) on firm performance. By doing so, we answer the call for more research on the conditions under which FBC influences firm outcomes.

Design/methodology/approach

The present study sampled 226 small business owners across the USA, who provided their responses to online survey questions. Hypotheses were assessed via path analysis in MPlus 8.8, using maximum likelihood estimation.

Findings

FBC, HPWS intensity and HCU were positively associated with firm performance. Further, the HPWS intensity – firm performance and HCU – firm performance links were moderated by FBC. Specifically, increased levels of HPWS intensity were associated with greater firm performance when FBC was high, and firms with low levels of HCU tended to have particularly decreased levels of firm performance when FBC was low.

Research limitations/implications

Consistent with the resource-based view, firms' unique resources and competitive advantage may be tied to the extent to which they have an established FBC. High levels of FBC, which are characterized by shared values, loyalty, proud involvement and care toward the organization, can play a significant role in enhancing organizational performance. Family business leaders should prioritize cultivating an enhanced FBC alongside investments in HPWS and unique human capital.

Originality/value

This study contributes to understanding the theoretical underpinnings of FBC and its relationship with firm performance by examining FBC’s interaction with HPWS intensity and HCU. We highlight FBC as a valuable intangible resource that can enhance or diminish the effectiveness of other strategic resources in family firms, further extending the application of resource-based view theory in family business research.

目的通过基于资源的理论视角,我们阐明了家族企业文化(FBC)在哪些条件下会放大高绩效工作系统(HPWS)强度的积极影响,并加剧低人力资本独特性(HCU)对企业绩效的消极影响。本研究抽样调查了美国的 226 名小企业业主,他们对在线调查问题做出了回答。研究结果FBC、HPWS 强度和 HCU 与企业绩效呈正相关。此外,HPWS 强度-企业绩效和 HCU-企业绩效之间的联系受到 FBC 的调节。具体而言,当 FBC 水平较高时,HPWS 强度水平的提高与企业绩效的提高相关联,而当 FBC 水平较低时,HCU 水平较低的企业往往会导致企业绩效水平的下降。高水平的家族企业委员会具有共同的价值观、忠诚、自豪的参与和对组织的关心等特点,可在提高组织绩效方面发挥重要作用。本研究通过考察 FBC 与 HPWS 强度和 HCU 的相互作用,有助于理解 FBC 的理论基础及其与企业绩效的关系。我们强调 FBC 是一种宝贵的无形资源,它可以增强或削弱家族企业中其他战略资源的有效性,从而进一步扩展了基于资源观的理论在家族企业研究中的应用。
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引用次数: 0
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Journal of Family Business Management
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