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Journal of Family Business Management最新文献

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Internal communication and family business: a perspective article 内部沟通与家族企业:一篇透视文章
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-31 DOI: 10.1108/jfbm-10-2023-0224
Annika Baumgart, Robin Bell, Ria Wiid

Purpose

Family businesses require internal communication (IC) to guide and provide direction, and the unique nature of involving both family and nonfamily employees add complexity. Navigating this complexity helps to ensure effective direction and management of family businesses. This paper explores the existing research concerning IC within family businesses and discusses the lenses and contexts through which it is commonly studied.

Design/methodology/approach

This paper provides a concise literature review to identify the most common lenses through which IC in family business has been researched.

Findings

IC in family enterprises is mostly studied through the lenses of IC between family generations, IC and the influence on family identity, and IC in times of crises. Existing research is largely focused on the role of family in IC, and limited consideration is given to the role of nonfamily members and family members outside of the business.

Originality/value

The paper synthesizes the direction and findings of existing research into IC within family business and provides avenues for future research. Managerial implications are also presented based on the synthesis of existing literature.

目的家族企业需要内部沟通(IC)来指导和提供方向,而家族员工和非家族员工共同参与的独特性质又增加了其复杂性。驾驭这种复杂性有助于确保有效地指导和管理家族企业。本文探讨了有关家族企业内部沟通的现有研究,并讨论了通常研究家族企业内部沟通的视角和背景。本文通过简明扼要的文献综述,确定了研究家族企业内部沟通的最常见视角。家族企业内部沟通的研究视角主要包括家族代际之间的内部沟通、内部沟通及其对家族认同的影响以及危机时期的内部沟通。现有研究主要集中于家族在集成电路中的作用,而对非家族成员和企业外家族成员的作用考虑有限。原创性/价值本文综述了现有家族企业集成电路研究的方向和发现,并为未来研究提供了途径。在对现有文献进行综合的基础上,还提出了对管理的启示。
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引用次数: 0
European family business owners: what factors affect their job satisfaction? 欧洲家族企业主:哪些因素影响他们的工作满意度?
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-16 DOI: 10.1108/jfbm-12-2023-0303
Ondřej Dvouletý, Marko Orel, David Anthony Procházka

Purpose

This research aims to better understand the factors and determinants that shape the job satisfaction of European family business owners.

Design/methodology/approach

The study is based on a unique sample of 11,362 European family business owners surveyed within the European Union Labour Force Survey (EU LFS) framework, and the main findings were obtained by estimating ordered logistic regression models.

Findings

The authors show that only 26.8% of European family business owners are women, which underlines the gender imbalance in family business ownership, and the authors' results also report that their job satisfaction is significantly lower compared to males. The authors also find the highest job satisfaction amongst family business owners with master-level degrees and point out several interesting statistically significant differences across the industry focus of the family business.

Originality/value

This research contributes to the body of knowledge on the job satisfaction of family business owners by conducting a large-scale study based on a statistically representative sample of European respondents.

目的本研究旨在更好地了解影响欧洲家族企业所有者工作满意度的因素和决定因素。研究基于欧盟劳动力调查(EU LFS)框架内调查的 11,362 名欧洲家族企业所有者的独特样本,通过估计有序逻辑回归模型得出主要结论。作者的研究结果表明,欧洲家族企业所有者中只有 26.8% 是女性,这凸显了家族企业所有者中的性别失衡问题,作者的研究结果还报告称,与男性相比,女性的工作满意度明显较低。作者还发现,拥有硕士学位的家族企业所有者的工作满意度最高,并指出了家族企业的行业重点在统计学上存在的一些有趣的显著差异。 原创性/价值 本研究以具有统计学代表性的欧洲受访者样本为基础,开展了一项大规模研究,为有关家族企业所有者工作满意度的知识体系做出了贡献。
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引用次数: 0
Entrepreneurial resilience (ER) and family business: a perspective article 创业复原力(ER)与家族企业:透视文章
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-10 DOI: 10.1108/jfbm-10-2023-0228
Börje Boers, Anders Billström, Danilo Brozović

Purpose

This paper highlights the need for future studies researching the subject of resilience in family firms on different levels.

Design/methodology/approach

This paper reviews the literature on resilience in family businesses.

Findings

Resilience has become more important due to the recent multiple crises, starting with the coronavirus pandemic, followed by high inflation and energy prices, partly resulting from the war in Ukraine. These multiple crises affect the family and the business level. Future research must account for multiple levels when addressing it, i.e. the individual, the team, the family, and the business level. Resilience has to encompass all levels to sustain family business continuity.

Originality/value

By giving an overview of the concept of resilience, taking the family's perspective, and suggesting future avenues of research, the paper contributes to the development of family business research.

本文回顾了有关家族企业复原力的文献。研究结果 由于近期的多重危机,复原力变得更加重要,首先是冠状病毒大流行,其次是高通胀和能源价格,部分原因是乌克兰战争。这些多重危机影响到家庭和企业层面。未来的研究必须考虑多个层面,即个人、团队、家庭和企业层面。原创性/价值 通过概述复原力的概念,从家族的角度出发,并提出未来的研究方向,本文为家族企业研究的发展做出了贡献。
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引用次数: 0
Regional development and family business: a perspective article 地区发展与家族企业:透视文章
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-08 DOI: 10.1108/jfbm-11-2023-0285
Rodrigo Basco

Purpose

This perspective article aims to summarise the understanding of the link between regional development and family business and explore potential pathways for further investigations.

Design/methodology/approach

This study employed a scoping review methodology which attempts to explore a new topic of study and unveil its main concepts and relationships.

Findings

This study emphasises the need to enhance the cross-fertilisation of knowledge to bridge the gap between studies on regional development and family business. In addition to the traditional research pathways towards discerning the impact of formal and informal institutional contexts and economic and geographical locations on family business behaviour and performance, this perspective article encourages future researchers to delve into the regional-level mechanisms through which family businesses can influence and contribute to regional economic and social outcomes.

Originality/value

This perspective study employs a context theorising lens to examine the connection between regional development and family business.

本研究采用了范围综述方法,试图探索一个新的研究课题,并揭示其主要概念和关系。研究结果本研究强调了加强知识交叉融合的必要性,以弥合区域发展和家族企业研究之间的差距。除了通过传统的研究途径来辨别正式和非正式的制度背景以及经济和地理位置对家族企业行为和绩效的影响之外,本视角文章还鼓励未来的研究人员深入研究区域层面的机制,通过这些机制,家族企业可以影响并促进区域经济和社会成果。
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引用次数: 0
Intersecting bonds: a perspective on polygamy's influence in Arab Middle East family firm succession 交叉纽带:从一夫多妻制对中东阿拉伯家族企业继承的影响角度看问题
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2024-01-04 DOI: 10.1108/jfbm-10-2023-0251
Moustafa Haj Youssef, Jahangir Wasim, Ioannis Christodoulou, Robert Reinhardt

Purpose

The aim of this study is to explore and elucidate the influence of polygamy on the succession dynamics of family businesses in the Arab world, offering insights that may be underrepresented or overlooked in traditional, Western-focused literature.

Design/methodology/approach

This article adopts a perspective-based approach, focusing on delving into the amalgamation of polygamous family structures and their implications on the operation and continuation of family-run businesses.

Findings

Polygamy, while often primarily perceived as a cultural or religious tradition, wields substantial influence over various business facets. Notably, its presence can significantly shape business continuity, the methodologies behind succession planning and the overarching framework of corporate governance within Arab family businesses.

Originality/value

This article offers a unique Middle Eastern lens, highlighting the underexplored intersection of polygamy and business succession. It strives to bridge the knowledge gap by addressing topics potentially sidelined in mainstream Western business research.

目的本研究旨在探讨和阐明一夫多妻制对阿拉伯世界家族企业继承动态的影响,提供在传统的、以西方为重点的文献中可能代表性不足或被忽视的见解。设计/方法/途径本文采用了一种基于视角的方法,重点研究一夫多妻制家庭结构的融合及其对家族企业运营和延续的影响。值得注意的是,一夫多妻制的存在会极大地影响阿拉伯家族企业的业务连续性、继任计划背后的方法以及公司治理的总体框架。文章通过探讨西方主流商业研究中可能被忽视的主题,努力弥补知识差距。
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引用次数: 0
First (latent) generation and family business: a perspective article 第一(潜伏)代与家族企业:透视文章
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2023-12-28 DOI: 10.1108/jfbm-10-2023-0227
Walter Vesperi, Anna Maria Melina, Concetta Lucia Cristofaro, Marzia Ventura

Purpose

Family businesses are characterized by the simultaneous presence of the family and the business system. The literature analyses sporadically the family support during the creation of a new family business. For this reason, the aim of this article is to offer new reflections and theoretical approaches in the field of family business studies. In fact, the study focuses on the first generation and the relationship and support with the previous generation (latent generation).

Design/methodology/approach

This perspective paper is based on a concise review of the literature.

Findings

The results of this offer a state of the art, synthesized and integrated, on the first generation to proposal the reader new knowledge on the first generation and relationships with family members.

Originality/value

This perspective paper distinguishes between the first generation formally engaged in the family business and the latent generation. The authors identify latent generation as a generation coeval with the first that supports the entrepreneur without being formally engaged in the family business. This study summarizes existing research on the first generation, highlighting the crucial role of the latent generation. Considering the latent generation determines an implicit and tacit generational transition not yet considered in the literature on the topic This study provides new research directions for scholars and managers to understand the entrepreneurial behaviors of families, family members and family businesses.

目的家族企业的特点是家族和企业系统同时存在。文献对新家族企业创建过程中的家族支持进行了零星分析。因此,本文旨在为家族企业研究领域提供新的思考和理论方法。事实上,本研究的重点是第一代人以及与上一代人(潜在一代人)的关系和支持。原创性/价值本视角论文对正式参与家族企业的第一代人和潜在一代人进行了区分。作者将 "潜在一代 "定义为与第一代共生的一代,他们支持企业家,但不正式参与家族企业。本研究总结了关于第一代的现有研究,强调了潜在一代的关键作用。本研究为学者和管理者了解家族、家族成员和家族企业的创业行为提供了新的研究方向。
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引用次数: 0
Environmental responsibility of family businesses: a perspective paper 家族企业的环境责任:透视论文
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2023-12-21 DOI: 10.1108/jfbm-10-2023-0253
Chamila H. Dasanayaka, Nuwan Gunarathne, David F. Murphy

Purpose

This perspective paper explores ongoing research into stimuli that promote environmental responsibility in family business contexts. It also delineates emerging patterns and possible directions for future research within this domain.

Design/methodology/approach

The authors synthesise, critically assess and integrate existing research to make current thinking about the environmental responsibility of family businesses more accessible to a wide range of readers.

Findings

This paper offers a comprehensive overview of multifaceted triggers and sheds light on how they interact and influence the environmental performance of family businesses. The authors delve into family dynamics and values, examining how they enable a business to develop environmental responsibility practices. Simultaneously, the authors emphasise the importance of probing the impact of the macro environment within which family businesses operate, which either might incentivise or challenge their pursuit of environmental responsibility initiatives. The need to design a robust tool to measure the environmental consciousness of familiness, applicable to specific contextual settings, has been identified. Investigating how accounting and control systems act as supportive management tools to enhance the efficacy of overall corporate performance in family businesses is another area for future research. Moreover, examining these dynamics within the unique landscape of emerging economies offers a promising field of exploration.

Originality/value

This article consolidates existing research on the environmental responsibility of family businesses and puts forward potential avenues for future research.

目的本视角论文探讨了在家族企业背景下促进环境责任的激励因素方面正在进行的研究。研究结果本文全面概述了多方面的诱因,并阐明了这些诱因如何相互作用并影响家族企业的环境绩效。作者深入探讨了家族动态和价值观,研究了它们如何使企业发展环境责任实践。同时,作者强调了探究家族企业所处的宏观环境影响的重要性,因为这种影响可能会激励或挑战家族企业对环境责任的追求。作者认为有必要设计一种适用于特定环境的强大工具来衡量家族企业的环境意识。调查会计和控制系统如何作为支持性管理工具,提高家族企业整体绩效的效率,是未来研究的另一个领域。此外,在新兴经济体的独特环境中研究这些动态,也是一个很有前景的探索领域。
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引用次数: 0
Factors affecting high-quality entrepreneurial performance in small- and medium-sized family firms 影响中小型家族企业高质量创业绩效的因素
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2023-12-21 DOI: 10.1108/jfbm-09-2023-0171
Panagiotis Mitropoulos, Alexandros Mitropoulos, Aimilia Vlami

Purpose

The purpose of this paper is to measure the high-quality entrepreneurial efficiency of family-owned small- and medium-sized enterprises (SMEs) while exploring the potential determinants of their performance. This study places particular emphasis on the firms' technological competencies and internationalization efforts. The authors aim to shed light on the internal and external characteristics that impact the efficiency of family SMEs.

Design/methodology/approach

This study adopts a two-stage approach. In the first stage, a data envelopment analysis model is utilized to measure the high-quality entrepreneurial efficiency of family SMEs. To achieve this, this study considered as outputs three key quality aspects of entrepreneurship, namely innovativeness, export orientation and turnover rate, while the inputs were the number of employees and the business environment. Then, in the second stage, the efficiency scores are regressed against a set of environmental factors that may affect the efficiency. The proposed efficiency measurement models are utilized with a particularly rich dataset of 1,910 family SMEs from 35 developed countries.

Findings

The results demonstrated that the efficiency of family SMEs primarily engaged in the production of goods was significantly higher than those providing services. Importantly, the presence of barriers related to innovation and digitalization had a pronounced negative impact on efficiency. Additionally, scale-up firms exhibited higher levels of efficiency. When examining family SMEs within their national context, it was observed that non-EU countries and countries with a higher gross domestic product displayed significantly higher efficiencies.

Originality/value

The findings of this research provide guidance for the development of entrepreneurship-oriented policies that consider both the internal characteristics of family SMEs and the diverse socioeconomic contexts in which they operate.

目的 本文旨在衡量家族式中小型企业(SMEs)的高质量创业效率,同时探讨其绩效的潜在决定因素。本研究特别强调企业的技术能力和国际化努力。作者旨在揭示影响家族中小企业效率的内部和外部特征。在第一阶段,利用数据包络分析模型来衡量家族中小企业的高质量创业效率。为此,本研究将创新能力、出口导向和周转率这三个关键的创业质量方面视为输出,而输入则是员工人数和经营环境。然后,在第二阶段,将效率得分与一系列可能影响效率的环境因素进行回归。结果表明,主要从事商品生产的家族式中小企业的效率明显高于提供服务的中小企业。重要的是,与创新和数字化有关的障碍对效率有明显的负面影响。此外,规模扩大型企业的效率水平更高。在考察各国的家族式中小型企业时发现,非欧盟国家和国内生产总值较高的国家的效率要高得多。
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引用次数: 0
Analysis of trends that turn an entrepreneurship idea into a family business: an article in perspective 创业理念转变为家族企业的趋势分析:一篇透视文章
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2023-12-18 DOI: 10.1108/jfbm-10-2023-0262
Jose Andres Areiza-Padilla, Tatiana Galindo-Becerra, Iván Veas-González, Karla Barajas-Portas

Purpose

This article examines some of the trends that allow to understand and analyze the evolution of the idea of entrepreneurship to become a family business.

Design/methodology/approach

This paper is based on systematic research.

Findings

Around four current trends and four future trends are presented, which allow the authors to understand how the family of an entrepreneur influences in a direct and indirect way in their business, until even managing to transform that business into a family business through planning, organization, management and control exercised by several members of the family of the initial entrepreneur and his future generations in that company.

Originality/value

This research makes it possible to identify some challenges and opportunities that family businesses must face, which arise from an enterprise and which can help them to have business success, covering part of the past, present and future of such organizations. In this way, this article synthesizes how family dynamics and business dynamics are intertwined through the influence of the family on an entrepreneur’s business model.

研究结果本文介绍了当前的四种趋势和未来的四种趋势,通过这些趋势,作者可以了解企业家的家族如何以直接或间接的方式影响其企业,甚至通过最初企业家的几位家族成员及其后代对公司的规划、组织、管理和控制,将企业转变为家族企业。独创性/价值这项研究使我们有可能确定家族企业必须面对的一些挑战和机遇,这些挑战和机遇源于一个企业,可以帮助它们取得商业成功,涵盖了这些组织的过去、现在和未来。因此,本文通过家庭对企业家商业模式的影响,综述了家庭动力和企业动力是如何交织在一起的。
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引用次数: 0
Financial management and family business: a perspective article 财务管理与家族企业:透视文章
IF 2.7 Q1 Economics, Econometrics and Finance Pub Date : 2023-12-15 DOI: 10.1108/jfbm-10-2023-0239
John Scott Strong

Purpose

This study aims to review major themes and findings of research into financial management of family business and to suggest new directions for future research.

Design/methodology/approach

This is a perspective article beginning with literature review to summarize prior research and to identify main findings and issues. The paper then develops themes, questions and opportunities for future research.

Findings

This paper presents a summary of principal research streams in the financial management of family business. Prior research has found significant differences in financial performance, in financial policies and in ownership and governance structures and behavior. These research findings vary by industry, by country and by stage of economic development. While extensions of these streams will add additional richness to the author’s understanding of finance in family business, recent innovations in the role and organization of the firm and in access to key resources suggest promising new research paths. There are also important lessons from financial practices in family business that have broader applicability.

Originality/value

This is a perspective article suggesting that many financial and governance issues central to family business have broader applicability to nonfamily business. Substantial value can be added by applying these learnings to a broader corporate finance context. Innovations in financing, governance and organizational design are transforming financial management in family business. In addition, changes in markets and industries create new opportunities for financing family business and for new strategic opportunities.

目的本研究旨在回顾家族企业财务管理研究的主要主题和发现,并为未来研究提出新方向。本文总结了家族企业财务管理方面的主要研究流派。先前的研究发现,家族企业在财务业绩、财务政策以及所有权和治理结构和行为方面存在显著差异。这些研究结果因行业、国家和经济发展阶段而异。虽然这些研究的延伸将使作者对家族企业财务的理解更加丰富,但最近在企业的角色和组织以及获取关键资源方面的创新表明,新的研究路径大有可为。此外,从家族企业的财务实践中还可以汲取一些重要的经验教训,这些经验教训具有更广泛的适用性。原创性/价值这是一篇透视性文章,指出家族企业的许多核心财务和治理问题对非家族企业具有更广泛的适用性。将这些经验应用于更广泛的企业财务背景中,可带来巨大的价值。融资、治理和组织设计方面的创新正在改变家族企业的财务管理。此外,市场和行业的变化也为家族企业的融资和新的战略机遇创造了新的机会。
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引用次数: 0
期刊
Journal of Family Business Management
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