| 1. |
- Ljungkvist, Torbjörn, et al.
(författare)
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Another hybrid? : Family businesses as venture capitalists
- 2017
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Ingår i: Journal of Family Business Management. - : Emerald Group Publishing Limited. - 2043-6238 .- 2043-6246. ; 7:3, s. 329-350
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Tidskriftsartikel (refereegranskat)abstract
- Purpose – This paper addresses the phenomenon of venture capital firms which are also family businesses(VCFBs). The purpose of this paper is to explore and understand the phenomenon of VCFB by answering thefollowing questions: What are the features of professionalization in VCFBs? And, how do professionalizationand types of family businesses explain the strategies and governance of VCFBs?Design/methodology/approach – As an explorative case study, it maps the Swedish venture capital (VC)industry and compares two VCFBs and their business investments with regard to strategy and governance.Findings – By suggesting two major configurations, the study explains how family business developmentand levels of professionalization relate to differences in VCFBs’ strategies, which in turn, affect theirgovernance. The personal VCFB features active owners who personally take responsibility roles and stronglyfocus on customers and relationships. The administrative VCFB strongly focuses on predetermined financialmetrics, high ethical awareness among board members, and ongoing interplay between the active familyboard members and minority shareholders.Research limitations/implications – The study was conducted in Sweden and concerns Swedish VCFBs.The paper contributes to the literature by combining the two currently separate research streams, i.e. familybusiness and VC, highlighting the importance and consequences of family ownership in VC businesses.Practical implications – The present study provides stock market investors and stock analysts with adeeper understanding of VCFBs’ strategy incentives. By identifying the kind of VCFB and its relation tostrategy, more reasonable assessments and analyses of the VCFBs’ actions will be possible. Family firms willingto accept VC-finance should consider the type of VC and the potential consequences of family ownership.Originality/value – This study is the first to classify VC firms as family businesses. Moreover, it shows thefeatures of professionalization in VCFBs by suggesting a set of configurations.
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| 2. |
- Ljungkvist, Torbjörn
(författare)
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Constructive business advice? : Different trajectories between family businesses and startups
- 2017
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Ingår i: Journal of Family Business Management. - : Emerald Group Publishing Limited. - 2043-6238 .- 2043-6246. ; 7:3, s. 309-328
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Tidskriftsartikel (refereegranskat)abstract
- Purpose – The purpose of this paper is to investigate the verbal content and its impact on panel-basedbusiness advice meetings (springboards) for family business owners and startup entrepreneurs. Further,the study also investigates how panel-based advising assists entrepreneurship.Design/methodology/approach – The investigated springboards concern family business owners whorun established firms and startup entrepreneurs who are applying for venture capital. Data from 12 differentspringboards are collected and studied by content analysis.Findings – The outcomes indicate that advising is more constructive for the family business owners than forthe startup entrepreneurs. This can mainly be explained by the rational screening that follows the businessplan concept and group dynamics which appear in these meetings.Research limitations/implications – The study was conducted in Sweden and concerns Swedish familybusiness owners and startup entrepreneurs. It reveals different speech patterns that appear during organizedadvice-giving and its implications depending on the type of entrepreneur.Practical implications – This study provides potential input to change the institutional practice ofpanel-based business advice, which will likely support entrepreneurs in their business development andnetwork building.Originality/value – This study is the first to investigate the verbal content in panel-based business advicefor family business owners. Further, it provides a deeper understanding of the institutionalized conditionsthat this kind of advising builds on.
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| 3. |
- Ohlsson, Claes, 1970-, et al.
(författare)
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The Framing of Corporate Social Responsibility and the Globalization of National Business Systems : A Longitudinal Case Study
- 2010
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Ingår i: Journal of Business Ethics. - : Springer Science and Business Media LLC. - 0167-4544 .- 1573-0697. ; 93:4, s. 653-669
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Tidskriftsartikel (refereegranskat)abstract
- The globalization movement in recent decades has meant rapid growth in trade, financial transactions, and cross-country ownership of economic assets. In this article, we examine how the globalization of national business systems has influenced the framing of corporate social responsibility (CSR). This is done using text analysis of CEO letters appearing in the annual reports of 15 major corporations in Sweden during a period of transformational change. The results show that the discourse about CSR in the annual reports has changed from a national and communitarian view of social responsibility (cf. a negotiated view of CSR) toward an international and individualistic view of social responsibility (cf. a self-regulating view of CSR). The article contributes theoretically (1) by adding a national–global dimension to previous conceptualizations of CSR and (2) by showing that the rise of CSR discourse and activities in the last 10 years does not have to imply an increased commitment and interest in corporate responsibility per se, only that there are increased societal expectations that corporations should develop the capability to act more independently as moral agents.
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| 4. |
- Ljungkvist, Torbjörn, et al.
(författare)
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A theory of venture capital family business (VCFB) : professionalization trajectories
- 2019
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- Venture capital as well as family firms are very heterogeneous populations of firms. Extant literature has studied the interaction and connection between the groups of firms. However, only recently, researcher began to look at those firms which are part of both group at the same. Firms which are labeled venture capital family businesses (VCFB) (Ljungkvist & Boers, 2017). Recent research suggests that the interaction of family firms and VC firms can be distinguished into three separate phases (Schickinger, et al., 2018). Based on these phases, the paper develops propositions on how VCFB firms develop their professionalization trajectories in these phases. Thus, the presented propositions highlight how the family owners’ actions and behavior are related to professionalism and how it influences the three phases of investing.
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| 5. |
- Hernant, Mikael
(författare)
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Profitability Performance of Supermarkets : The effects of scale of operation, local market conditions, and conduct on the economic performance of supermarkets
- 2009
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Doktorsavhandling (övrigt vetenskapligt/konstnärligt)abstract
- Ever since introduced and rolled out on the market during the 1950's and 1960's the supermarket format of grocery retail stores has played an important role in the grocery retail sector in Sweden, as well as in other countries. Although the sector in Sweden has evolved into a sector harbouring various store formats, the supermarket remains the major one - about half of the total volume of sales currently goes through supermarkets. Issues referring to the economic performance of supermarkets, and its antecedents, are thus of interest not only to retailers, but also to consumers as well as to society, overall.This study contributes to previous research by explicitly addressing bottom-line performance of supermarkets, and by bridging different fields of research. With the structure-conduct-performance (SCP) paradigm as theoretical underpinning, a cross-sectional design is developed for the study, comprising the economic performance of 168 supermarkets. By pooling data from various sources a unique database is developed, providing prerequisites for a comprehensive investigation into the effects of scale of operation, local market conditions, and supermarket conduct on various aspects of supermarket performance, all the way to bottom-line profitability performance.The results show that profitability performance of supermarkets is a consequence of a complex network of relationships between various aspects of economic performance, scale of operation, local market conditions and supermarket conduct. The profit margin, i.e. the span between gross margin and operating costs%, turns out as the major determinant of profitability performance. The profit margin, in turn, is found related to productivity, which in turn is found related to the volume of sales. Scale of operation and local market conditions are found working themselves into profitability performance, via conduct and various aspects of economic performance. However, neither scale nor favorable local market conditions turns out as the determinant of high rather than low profitability performance. Among the most as well as among least profitable, there are small and large supermarkets, facing local markets of favorable as well as unfavorable conditions. Rather, the dividing line between the low vs. highly profitable lies in the interplay between market conditions and conduct. Results from analyses of internal and external characteristics of the least and most profitable show important dissimilarities referring to their interplay with local market conditions. As such, the study provides important implications for retailers, from a strategical, tactical, as well as operational perspective.
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| 6. |
- Tengblad, Stefan, 1966-, et al.
(författare)
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The struggle for industrial democracy in Sweden : A sociological macro-meso analysis 1960–2020
- 2024
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Ingår i: Economic and Industrial Democracy. - : Sage Publications. - 0143-831X .- 1461-7099.
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Tidskriftsartikel (refereegranskat)abstract
- Sweden has the reputation of being one of the most progressive countries in the world concerning work-life development and industrial democracy. In this article, an analytical overview of the development in these areas is provided, which includes the antecedents, major events, actor positioning and also the broad-term outcomes. Two major reform movements are described: one aiming to create a radically different work-life where workers control their own work with a power balance between labour and capital, and one a reformist movement aiming to create a degree of co-determination and a more engaging work-life without any major changes in power relations. The case shows that the radical movement was not able to generate radical change and that the reformistic movement achieved only partial success. The outcome over time has been a decreased interest in work-life development where co-determination practices are heavily institutionalized but perhaps do not provide better conditions for workers than in many other advanced industrial countries with a lesser degree of formal co-determination.
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| 7. |
- Deraz, Hossam, 1971-, et al.
(författare)
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Factors Predicting Consumers' Assessment of Advertisments on Social Networking Sites
- 2015
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Ingår i: International Journal of Digital Information and Wireless Communications (IJDIWC). - Hong Kong : The Society of Digital Information and Wireless Communications. - 2225-658X. ; 5:2, s. 111-123
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Tidskriftsartikel (refereegranskat)abstract
- Marketers act on social networking sites (SNSs) in order to be more efficient in merchandising their products and/or services. Even so, the scope of the published studies regarding the assessment of advertisements on social networking sites (SNAs) is limited. Consequently, the present study aimed to consider credibility and interactivity, in addition to information, entertainment and irritation values, as main factors for consumers’ assessment of SNAs, as perceived by SNSs’ users.An analysis of empirical data helped to identify four main factors for assessing SNAs. These were: information value, entertainment value, credibility value and interactivity value. Irritation value was the only factor that had no significant effect on the assessment of SNAs. Furthermore, based on the beta coefficients, the information and entertainment values of SNAs, in conjunction with credibility and interactivity values, had different outcomes from previous studies. Consequently, the interactivity value was the strongest among the four predictors for assessing SNAs.
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| 8. |
- Roos, John Magnus
(författare)
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Mapping the Relationship Between Hedonic Capacity and Online Shopping
- 2021
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Ingår i: Proceedings of Fifth International Congress on Information and Communication Technology. - Singapore : Springer Singapore. - 9789811558559 - 9789811558566 ; 1183, s. 604-611
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Konferensbidrag (refereegranskat)abstract
- In the present study, the relationship between hedonic capacity and online shopping is explored through a Swedish nationally representative sample. A survey was distributed to 3000 citizens. The number of respondents was 1591 (response rate: 53%). Ordinal regression analyses were conducted in order to test the association between hedonic capacity and online shopping. The dependent variable was online shopping frequencies. Gender, age, and individual income were control variables. Our findings indicated that hedonic capacity was positively associated with online shopping (p < 0.001). The findings propose that online shopping primarily is triggered by emotions and affect rather than reasoning and cognition. Such insights can be used in strategical marketing and technological decisions by academy and industry, as well as in Web site design and communication.
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| 9. |
- Cregård, Anna, 1971, et al.
(författare)
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Perceptions of trust in physician-managers
- 2015
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Ingår i: Leadership in Health Services. - : Emerald Group Publishing Limited. - 1751-1879 .- 1751-1887 .- 0952-6862. ; 28:4, s. 281-297
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Tidskriftsartikel (refereegranskat)abstract
- Purpose – The purpose of this paper is to explore the dual role of physician-managers through an examination of perceptions of trust and distrust in physician-managers. The healthcare sector needs physicians to lead. Physicians in part-time managerial positions who continue their medical practice are called part-time physician-managers. This paper explores this dual role through an examination of perceptions of trust and distrust in physician-managers. Design/methodology/approach – The study takes a qualitative research approach in which interviews and focus group discussions with physician-managers and nurse-managers provide the empirical data. An analytical model, with the three elements of ability, benevolence and integrity, was used in the analysis of trust and distrust in physician-managers. Findings – The respondents (physician-managers and nurse-managers) perceived both an increase and a decrease in physicians’ trust in the physician-managers. Because elements of distrust were more numerous and more severe than elements of trust, the physician-managers received negative perceptions of their role. Research limitations/implications – This paper’s findings are based on perceptions of perceptions. The physicians were not interviewed on their trust and distrust of physician-managers. Practical implications – The healthcare sector must pay attention to the diverse expectations of the physician-manager role that is based on both managerial and medical logics. Hospital management should provide proper support to physician-managers in their dual role to ensure their willingness to continue to assume managerial responsibilities. Originality/value – The paper takes an original approach in its research into the dual role of physician-managers who work under two conflicting logics: the medical logic and the managerial logic. The focus on perceived trust and distrust in physician-managers is a new perspective on this complicated role.
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| 10. |
- Andersén, Jim, 1976-, et al.
(författare)
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Are high-performance work systems (HPWS) appreciated by everyone? : The role of management position and gender on the relationship between HPWS and affective commitment
- 2019
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Ingår i: Employee relations. - : Emerald Group Publishing Limited. - 0142-5455 .- 1758-7069. ; 41:5, s. 1046-1064
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Tidskriftsartikel (refereegranskat)abstract
- Purpose Although most studies on HPWS focus on various firm-level outcomes, there has been an increasing interest in how employees are affected by HPWS. However, most of these studies use social exchange theory and, based on an idea of reciprocal exchange, implicitly assume that all employees become more affectively committed to organizations using HPWS. Based on social identity theory, the authors argue that management position and gender likely influence how individuals respond to HPWS. Thus, the purpose of this paper is to examine how HPWS affects AC among managers, subordinates, men and women. Design/methodology/approach Hierarchical linear model analysis of 356 employees in 26 Swedish small- and medium-sized manufacturing companies. Findings In the sample examined, managers and women show increased affective commitment (AC) in organizations using HPWS. For men with non-managerial positions, the results indicate a reversed relationship, i.e. HPWS could actually reduce AC. Originality/value The findings indicate the need to consider individual differences when examining the effect of HPWS, and highlight the usefulness of relational-oriented theories when studying the employee outcomes of HRM-systems.
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