Journal of Family Business Management最新文献_第6页

Intra-family communication in challenging times and family business: a perspective article 挑战时期的家庭内部沟通与家族企业：透视文章

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-12-15 DOI: 10.1108/jfbm-10-2023-0191

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 into contributing to redirect the study of informal intra-family communication in family businesses.

Findings

The COVID-19 pandemic and its consequential effects have presented a series of challenges that possess the capacity to affect communication in any business. Nevertheless, these challenges in informal communication within family members hold a particular relevance for family businesses and require a reassessment of the fundamental assumptions that serve as the basis for research in challenging times.

Originality/value

This paper synthesizes the existing research on informal communication in the family business context and proposes some key research opportunities.

目的这篇观点性文章强调了未来研究的重要性，这些研究探讨了在诸如 COVID-19 大流行病等具有挑战性的时期，家族企业中的家庭内部沟通是如何受到影响的。研究结果COVID-19 大流行及其后果带来了一系列挑战，这些挑战有能力影响任何企业中的沟通。然而，家族成员内部非正式沟通所面临的这些挑战对家族企业具有特殊的意义，需要重新评估作为挑战时期研究基础的基本假设。

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引用次数: 0

Exploring the effect of family control on debt financing within large firms: a transnational study in emerging markets 探索家族控制对大型企业债务融资的影响:新兴市场的跨国研究

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-12-05 DOI: 10.1108/jfbm-10-2023-0192

Zouhair Boumlik, Badia Oulhadj, Olivier Colot

PurposeThis 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/approachThe 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 models.FindingsFindings suggest that large listed firms in North African region rely on more use of equity rather than debt financing. Further, results show that family control and influence dimension of the SEW, has no significant impact on the capital structure of North African large listed firms. This implies that the financing behavior of large firms listed in the North African countries is driven by financial and rationale factors rather than non-economic considerations. Indeed, findings support assumptions of the pecking order theory.Originality/valueThis transnational study provides new insights into relevancy of socioemotional theory in explaining capital structure decisions within large family businesses in emerging markets. Findings have the potential to enhance analysts', investors' and practitioners' understanding of financing decisions by large listed firms in this region. This, in turn, can aid in conceiving adapted financing solutions.

目的本文旨在分析家族控制对北非地区大型上市公司资本结构的影响以及社会情感财富的影响维度。设计/方法/方法本研究使用了2018年至2022年期间北非资本市场前98家最大上市公司的面板数据。采用随机效应模型进行分析。研究结果表明，北非地区的大型上市公司更多地依赖于股权融资而不是债务融资。进一步，研究结果表明，家族控制和影响维度对北非大型上市公司的资本结构没有显著影响。这意味着在北非国家上市的大型企业的融资行为是由财务和理性因素驱动的，而不是非经济考虑。事实上，研究结果支持了啄食顺序理论的假设。原创性/价值这项跨国研究为社会情感理论在解释新兴市场大型家族企业资本结构决策中的相关性提供了新的见解。研究结果有可能增强分析师、投资者和从业人员对该地区大型上市公司融资决策的理解。这反过来又有助于构思适合的融资解决方案。

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引用次数: 0

AI-driven sustainability brand activism for family businesses: a future-proofing perspective article 人工智能驱动的家族企业可持续品牌行动主义:一篇经得起未来考验的观点文章

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-12-05 DOI: 10.1108/jfbm-10-2023-0217

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 SDG 1, which emphasises poverty eradication. The authors fall on the transformative potential of artificial intelligence (AI) and online brand communities in family businesses as an anchor for promoting sustainability practices that align with UNSDGs.

Design/methodology/approach

Using literature review, the authors fall on the transformative potential of AI and online brand communities in family businesses as an anchor for promoting sustainability practices that align with UNSDGs.

Findings

Scholarly research on AI-driven sustainability brand activism in family businesses is either limited or nonexistent. Family businesses have a unique opportunity to use AI for eco-friendly operations, personalised brand engagement, eco-friendly product development, global collaborations and education and advocacy in support of the UNSDGs. Future research could look at how family businesses align their values, their long-term effects, how they work across generations, how resilient and flexible they are and how they compare to non-family businesses when it comes to using AI and brand activism as long-term strategies for sustainability and survival.

Originality/value

The authors call for family businesses, governments and stakeholders to take theoretical and practical actions in promoting AI-driven sustainability brand activism aligned with the UNSDGs. It underscores the distinctive role of family businesses in driving sustainability and fostering brand activism through AI in a digital age.

人工智能(AI)和可持续商业代表了当今世界所有前瞻性企业无可辩驳的未来。在这篇前瞻性文章中，作者通过强调家族企业在推动可持续品牌行动中与联合国可持续发展目标(unsdg)保持一致的作用，探讨了这些重要主题的融合，如强调消除贫困的可持续发展目标1。作者认为，人工智能(AI)和在线品牌社区在家族企业中具有变革潜力，可以作为促进符合联合国可持续发展目标的可持续发展实践的支柱。设计/方法/方法通过文献回顾，作者认为人工智能和在线品牌社区在家族企业中具有变革潜力，可以作为促进符合联合国可持续发展目标的可持续发展实践的支柱。关于家族企业中人工智能驱动的可持续品牌行动主义的学术研究要么有限，要么根本不存在。家族企业有一个独特的机会，可以将人工智能用于环保运营、个性化品牌参与、环保产品开发、全球合作以及支持联合国可持续发展目标的教育和宣传。未来的研究可以着眼于家族企业如何调整其价值观、长期影响、如何跨代运作、它们的弹性和灵活性如何，以及在将人工智能和品牌行动主义作为可持续发展和生存的长期战略方面，它们与非家族企业相比如何。作者呼吁家族企业、政府和利益相关者采取理论和实践行动，促进人工智能驱动的可持续发展品牌行动，与联合国可持续发展目标保持一致。它强调了家族企业在数字时代通过人工智能推动可持续发展和培育品牌活动方面的独特作用。

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引用次数: 0

Importance of traditions and family business at Christmas: a quantitative analysis of practices and values in Portugal 传统和家族企业在圣诞节的重要性:葡萄牙习俗和价值观的定量分析

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-12-05 DOI: 10.1108/jfbm-09-2023-0170

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 individuals, over 18 years of age, where different issues related to Christmas traditions and family are addressed.

Findings

The results demonstrate that the Christmas traditions scale is made up of four factors: family traditions on Christmas Eve, aspects related to the Christmas spirit, changes in Christmas traditions with the COVID-19 pandemic and traditions of participating in events with family at Christmas. Cod and octopus dishes are the most popular dishes on Christmas Eve. In relation to sweets/desserts, king cake, rabanadas, vermicelli, children's bread and sponge cake are the most common on Christmas Eve.

Originality/value

The study helps to understand Portuguese Christmas traditions, providing knowledge that allows defining strategies for family businesses, improving the experience and relationship with consumers at a special time of year. It is hoped that the trends in Christmas traditions in this study will contribute to unveiling the Christmas spirit, also serve as a marketing image and create curiosity and motivation on the part of other cultures to visit Portugal during this festive season, in order to experience Christmas traditions.

圣诞节是一年中消费最多的节日，总是充满传统，即家庭传统，这是非常重要的。通过这种方式，它旨在找出传统在圣诞节期间的重要性，并分析其对家族企业的影响。设计/方法/方法这项研究本质上是定量的，基于对551名18岁以上的葡萄牙人进行的问卷调查，其中涉及与圣诞节传统和家庭有关的不同问题。结果表明，圣诞传统量表由四个因素组成:平安夜的家庭传统、与圣诞精神相关的方面、新冠肺炎疫情对圣诞传统的影响以及圣诞节与家人一起参加活动的传统。鳕鱼和章鱼是平安夜最受欢迎的菜肴。在糖果/甜点方面，国王蛋糕、腊八饼、粉丝、儿童面包和海绵蛋糕是平安夜最常见的。独创性/价值这项研究有助于了解葡萄牙的圣诞节传统，为家族企业制定战略提供知识，在一年中的特殊时期改善体验和与消费者的关系。我们希望这项研究中的圣诞传统趋势将有助于揭示圣诞精神，也作为一种营销形象，并在其他文化的一部分中创造好奇心和动力，在这个节日期间访问葡萄牙，以体验圣诞传统。

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引用次数: 0

Navigating the path of family business research: a personal reflection 驾驭家族企业研究之路:个人反思

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-11-28 DOI: 10.1108/jfbm-10-2023-0225

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).

Findings

In family business research, scholars must address key intersectionalities. These include evolving gender dynamics, global reach, the impact of technology and the growing importance of sustainability. Women's roles in family businesses need thorough examination, while family business definitions must account for global operations. The influence of technology demands exploration, and sustainability is crucial for businesses of all sizes. Scholars should offer theory and practical guidance, bridging the gap between research and real-world application in this evolving landscape.

Originality/value

This article highlights the critical intersectionalities shaping the family business field. Through the autoethnographic reflective approach, the article provides both verbatim advice and future-oriented tips, delivering original and innovative insights into the needs of the family business management domain.

本文对Ratten等人(2023)提出的关于家族企业研究人员对家族企业领域的了解以及对未来的建议的问题提供了个人回应。设计/方法/方法这篇观点文章采用了一种自我民族志反思的方法来解决Ratten等人(2023)向杰出的家族企业研究人员提出的五个问题。在家族企业研究中，学者必须解决关键的交叉点。其中包括不断变化的性别动态、全球影响力、技术的影响以及可持续性日益重要。妇女在家族企业中的作用需要彻底审查，而家族企业的定义必须考虑到全球业务。技术的影响需要探索，而可持续性对各种规模的企业都至关重要。学者们应该提供理论和实践指导，在这一不断变化的景观中弥合研究与实际应用之间的差距。创意/价值这篇文章强调了塑造家族企业领域的关键交叉性。通过自我民族志的反思方法，本文提供了逐字建议和面向未来的提示，为家族企业管理领域的需求提供了原创和创新的见解。

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引用次数: 0

Generation Alpha and family business: a perspective article 阿尔法一代和家族企业:一篇透视文章

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-11-28 DOI: 10.1108/jfbm-10-2023-0259

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, work and a work–life balance and attitudes towards sustainability and social responsibility are the key features of Generation Alpha that hold significant implications for the strategies and operations of future family business.

Originality/value

This is the first paper considering Generation Alpha in the context of future family business, which discusses the key features of this generation from the perspective of succession planning.

本文从阿尔法一代对未来家族企业的影响的角度探讨了阿尔法一代的主要特征。设计/方法/方法信号视角用于回顾学术和非学术文献，以突出与家族企业相关的阿尔法一代的关键特征。广泛使用数字技术，对学习、工作和工作与生活平衡的看法，以及对可持续发展和社会责任的态度，是阿尔法一代的关键特征，对未来家族企业的战略和运营具有重大影响。原创性/价值这是第一篇在未来家族企业背景下考虑Alpha世代的论文，从继任计划的角度讨论了这一代人的主要特征。

引用次数: 0

African family dynamics and family business – a perspective article 非洲家庭动态与家族企业——一篇透视文章

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-11-24 DOI: 10.1108/jfbm-10-2023-0221

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

The paper adopted an analytical and interpretative approach to existing literature and contemporary practices in family business operations. The approach helped to synthesise emerging trends in family business operations and offered novel insights into family-owned businesses.

Findings

The findings revealed that, though family businesses have a lot to contribute to development, family dynamics can threaten their sustainability if not well moderated. Based on the findings, the authors recommend trust and transparency as critical pillars for sustained family-owned business growth. They recommend further that communication channels, documented policies and procedures and well-established feedback channels are strategies that can guide stakeholders in family businesses to build trust and transparency in the business.

Originality/value

The paper throws light on the unique contributions of family businesses to communities and individuals and the Sustainable Development Goals (SDG). It is also an eye-opener to this relatively grey area and opens deeper discussions about sustaining family businesses.

目的尽管家族企业有潜在的好处，但它们的动态也带来了特殊的挑战，阻碍了充分发挥其潜力。本文试图评估非洲家庭动态与商业发展之间的关系。作者探讨了非洲家庭结构的动态，以及这些结构如何影响家族企业。设计/方法/方法本文采用了对现有文献和当代家族企业经营实践的分析和解释方法。这种方法有助于综合家族企业经营的新趋势，并为家族企业提供了新的见解。调查结果调查结果显示，尽管家族企业对发展有很大贡献，但如果不适当调节，家族动态可能会威胁到家族企业的可持续性。基于这些发现，作者建议，信任和透明度是家族企业持续增长的关键支柱。他们进一步建议，沟通渠道、文件化的政策和程序以及完善的反馈渠道是可以指导家族企业利益相关者在企业中建立信任和透明度的策略。该文件阐明了家族企业对社区和个人以及可持续发展目标(SDG)的独特贡献。它也让人对这个相对灰暗的领域大开眼界，并开启了有关维持家族企业的更深入讨论。

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引用次数: 0

Tourism/Hospitality and family business: a perspective article 旅游业/酒店业与家族企业：透视文章

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-11-22 DOI: 10.1108/jfbm-10-2023-0196

Andreas Kallmuenzer, Beatriz Adriana López-Chávez

PurposeThis perspective article provides a compact view on past and promising future research of family business in tourism/hospitality research, an industry that is dominated and driven by family firms.Design/methodology/approachThis article draws on a review of key literature from family business and tourism/hospitality research, and synchronizes this literature for understanding the groundings and development of the field.FindingsThe article finds that there are peculiar research gaps and needs concerning gender roles, sub-industries/family networks, later generation conflicts as well as differences in life cycle stages between emerging and developing countries.Originality/valueThis article summarizes the state of the art of research for family business in tourism/hospitality and provides a novel agenda for theory advancement and research of practical relevance.

设计/方法/方法本文回顾了家族企业和旅游业/酒店业研究的主要文献，并对这些文献进行了整合，以了解该领域的基础和发展。研究结果本文发现，在性别角色、子行业/家族网络、晚辈冲突以及新兴国家和发展中国家生命周期阶段的差异方面，存在特殊的研究差距和需求。

引用次数: 0

The wealth creator and family business: a perspective article 财富创造者与家族企业:一篇透视文章

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-11-21 DOI: 10.1108/jfbm-10-2023-0213

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

This perspective paper adopts a comprehensive approach to examine the multifaceted role of the wealth creator in the context of family businesses. It reviews the last decades of research that resulted in the identification of this role within family business and proposes future research avenues to further address their characterization and importance.

Findings

Investigating the wealth creator's attributes can provide insights into their role, the importance of timely identification and its preparatory elements. Furthermore, this exploration can shed light on the dynamics of inter-family relationships within family businesses and enrich the literature on power transition and continuity in family enterprises. Additionally, the maturation of the wealth creator concept may significantly impact the management of wealth portfolios, facilitating smoother wealth transfer, strategic portfolio management and the preservation of multi-generational wealth.

Originality/value

This research offers a diverse understanding of the role of the wealth creator in family businesses. The findings also enhance the comprehension of family business dynamics, enriching the literature on succession. Lastly, the offered research avenues contribute to addressing the challenges of sustaining family wealth and ensuring the continuity of family businesses across generations.

本研究的主要目的是在家族企业研究领域中识别和推荐吉祥的研究方向，并特别关注财富创造者。结合这些研究轨迹，本文还旨在阐明在现有家族企业文献中培养这些探究线的潜在含义。设计/方法/方法这篇透视论文采用了一种全面的方法来研究家族企业背景下财富创造者的多方面作用。它回顾了过去几十年的研究，这些研究导致了家族企业中这一角色的确定，并提出了未来的研究途径，以进一步解决其特征和重要性。调查财富创造者的属性可以让我们深入了解他们的角色、及时识别的重要性及其准备要素。此外，这一探索可以揭示家族企业内部家族间关系的动态，丰富关于家族企业权力转移和连续性的文献。此外，财富创造者概念的成熟可能会显著影响财富组合的管理，促进更顺畅的财富转移、战略投资组合管理和多代财富的保存。独创性/价值本研究对家族企业中财富创造者的作用提供了不同的理解。研究结果也增强了对家族企业动态的理解，丰富了有关继承的文献。最后，所提供的研究途径有助于解决维持家族财富和确保家族企业跨代连续性的挑战。

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引用次数: 0

Unravelling the determinants of family firms' governance: the family protocol 揭开家族企业治理的决定因素:家族协议

IF 2.7 Q2 MANAGEMENT

Journal of Family Business Management

Pub Date : 2023-11-21 DOI: 10.1108/jfbm-10-2023-0190

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 FP determinants.

Design/methodology/approach

This research employs game theory and adverse selection setups to delve into the strategic decision-making processes of stakeholders in family firms. The authors break new ground by applying principal–agent theory (PAT) to family business governance structures. This innovative approach uncovers the determinants of the FP, enhancing the authors’ understanding of family firm dynamics.

Findings

The authors emphasize the importance of custom governance structures, such as the FP, in managing complex family-business interactions. These structures mitigate conflicts and promote smoother transitions during succession, ensuring family firm continuity. This study identifies key determinants, and these results will aid founders, families and practitioners in achieving smoother transitions, ensuring family firm continuity.

Originality/value

This research pioneers game theory and PAT applications in family business governance, shedding light on the effectiveness of customized governance mechanisms. By identifying FP determinants, the authors contribute to a deeper understanding of family firm dynamics. The findings have practical implications for founders, families, practitioners and consultants, promoting the long-term success and harmony of family firms in the global economy.

家族企业对全球经济至关重要，但往往面临与家族有关的问题，尤其是在继承过程中。本研究探讨了家族协议(FP)等治理工具如何通过为家族企业管理和连续性设定标准来缓解冲突。在家族企业治理中率先使用博弈论和逆向选择设置，本研究揭示了FP决定因素。本研究运用博弈论和逆向选择理论来探讨家族企业中利益相关者的战略决策过程。作者将委托代理理论(PAT)应用于家族企业治理结构，开创了新的领域。这种创新的方法揭示了FP的决定因素，增强了作者对家族企业动态的理解。作者强调了定制治理结构(如计划生育)在管理复杂的家族企业互动中的重要性。这些结构减轻了冲突，促进了继任过程中的平稳过渡，确保了家族企业的连续性。本研究确定了关键的决定因素，这些结果将帮助创始人、家族和从业者实现更平稳的过渡，确保家族企业的连续性。创新/价值本研究开创了博弈论和PAT在家族企业治理中的应用，揭示了定制治理机制的有效性。通过确定FP决定因素，作者有助于更深入地了解家族企业动态。研究结果对创始人、家族、从业者和顾问具有实际意义，有助于促进家族企业在全球经济中的长期成功与和谐。

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引用次数: 0