| 1. |
- Adiguna, Rocky
(författare)
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Organisational culture and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 58-77
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Bokkapitel (refereegranskat)abstract
- This chapter aims to review the extant research on organizational culture in family business by covering its origin in organization studies along with its application in family business context. The review reveals that, despite the rich body of literature, the application of cultural perspectives in family business seemed to be one-sided—that is, dominated by those of positivistic and managerialist interests. In the attempt to rebalance the course of research in family business culture, this chapter discusses the different approaches in studying family business culture and, as a conclusion, proposes alternatives to advance our knowledge in both ways: to understand family business through cultural theories, as well as to understand culture through family business context.
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| 2. |
- Akhter, Naveed
(författare)
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Kinship and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 175-190
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Bokkapitel (refereegranskat)abstract
- The purpose of this chapter is to review and synthesise the prior work on kinship in family firms and to open up future research avenues for this interesting and important topic. The study shows that kinship is highly relevant in family firms by revisiting the concept of family and kinship as well as the definition of family firms. This chapter explores important aspects related to family firms, such as continuity of generations, succession, inheritance and resource provision and links these to kinship. These aspects are identified as four functions of kinship and indicate the possible research gaps, thereby suggesting future kinship research avenues.
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| 3. |
- Criaco, Giuseppe
(författare)
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Organisational ecology and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 18-34
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Bokkapitel (refereegranskat)abstract
- Organisational ecology has long studied the survival of organisations. However, few studies have focused on how such perspective can be applied to investigate similar topics in distinct organisational forms, such as family businesses. This book chapter thus attempts to apply an organisational ecology perspective to the study of family businesses. More specifically, it explores how such perspective can inform research on the survival of family businesses. Special attention is given to environmental determinants conceptualised at the industry level
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| 4. |
- Hansson, Per
(författare)
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Resource based theory and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 253-272
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Bokkapitel (refereegranskat)abstract
- This chapter focuses on the resource based view theory. I discuss where this theory comes from and how it has been used in previous research. The chapter argues for the theory’s relevance for family business research and shows how it has been used in family business research to date. The chapter provides an overview of the theory, describing its origins, fundamental assumptions and building blocks and the most important general references to the theory. The focus is on the resource-based view of family firms in research, now and for the future, and the connection between resource based theory and the family business context. I discuss how the theory can be linked to family business and why the theory is relevant for use in the family business field – connecting the primary ideas in the theory and the primary characteristics of family businesses.
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| 5. |
- Kallmuenzer, Andreas
(författare)
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Agency theory and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 58-77
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Bokkapitel (refereegranskat)abstract
- The conceptual domain of agency theory is one of the dominant organisational theory perspectives applied in current family business research (Chrisman et al., 2010). According to agency theory (Jensen and Meckling, 1976), agency costs generally arise due to individuals’ selfinterest and decision making based on rational thinking and oriented toward own preferences. With more people involved in decision making, such as through the separation of ownership and management, agency costs occur due to different preferences and information asymmetries between the owner (principal) and the employed management (agent) (Jensen and Meckling, 1976). In other words, agents take decisions based on their individual preferences (for example, short term, financial gains) instead of the owners’ preferences (for example, long term, sustainable development).
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| 6. |
- Kuiken, Andrea
(författare)
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Theory of planned behaviour and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 99-118
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Bokkapitel (refereegranskat)abstract
- The theory of planned behaviour is a theory originating from psychology. Over time, the theory has been applied to a variety of research areas. In business administration, the theory is used to gain insight into the ethical behaviour of managers, the adoption of new products and entrepreneurship. The family business context is a specific context, in which the family has a strong influence on the strategic decisions of the business. Current application of the theory of planned behaviour in family business research focuses on succession. The main level of analysis in this research is the individual. To gain a deeper understanding of family business decision making, a theory is required that can be applied at multiple levels. In this chapter, it is argued that application of the theory of planned behaviour at the family and business level is possible because interaction between individuals results in the creation of common beliefs and intentions. This opens up future research avenues using the theory of planned behaviour, such as corporate entrepreneurship and the internationalisation of family firms. Keywords: theory of planned behaviour, family business, strategic decision making, multi-level analysis, corporate entrepreneurship, internationalisation.
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| 7. |
- Kumeto, Gershon
(författare)
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Behavioural agency theory and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 78-98
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Bokkapitel (refereegranskat)abstract
- The behavioural agency theory was developed to provide a more comprehensive explanation and prediction of managerial risk taking, in response to some shortcomings of agency theory. In general, the theory offers explanations of why decision makers prefer some strategic choices to others. The use of behavioural agency theory in family business research has, however, been very limited. Family business scholars recently adapted this theory to construct the family business variant, the ‘socioemotional wealth’ construct, which offers better explanations for the risk taking and decision making behaviours of family firms. This chapter provides an overview of behavioural agency theory and the socioemotional wealth construct, explores how they have been used in family business research, and offers suggestions for how this theory can be used in further research to contribute to both the family business and the general management literature. Keywords: family business, behavioural agency theory, socioemotional wealth, family firm heterogeneity.
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| 8. |
- Mazzelli, Ambra
(författare)
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Behavioural theory and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 35-57
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Bokkapitel (refereegranskat)abstract
- Fifty years have passed since Cyert and March’s 1963 A Behavioral Theory of the Firm. During this time, BTOF has been adopted across different research domains to investigate how organizations set goals, how they determine aspirations and how they finally react to performance aspiration discrepancies. Cyert and March’s framework has also recently emerged as one of the dominant paradigms to understand the ways in which family business organizations make decisions. In this chapter, I review the theoretical development and empirical results of BTOF and its application in the family business field of study in order to identify theoretical and empirical gaps and propose suggestions for future research. The conclusions suggest that BTOF is both a theoretically and empirically valid perspective in family business research, particularly when combined with other theoretical frameworks. The principal recommendation is to apply behavioral theory to enhance scholarly understanding of how family organisations define their aspiration levels and respond to organizational problems.
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| 9. |
- Nilson, Henrietta, 1961-
(författare)
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Critical pedagogy theory and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 211-232
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Bokkapitel (refereegranskat)abstract
- In contemporary times family business research has been dominated by three theoretical perspectives; principal-agent theory, stewardship theory, and resource-based view theory (Siebels 2012) but at the same time scholars argue that what still needs further attention is how underlying processes and phenomena can be explained (Melin, Nordqvist & Sharma 2014). In order to understand themes such as repression or relations of asymmetry the suggestion in this chapter is to move towards a critical stance of thinking which involves problematizing the obvious issues in family firms (Alvesson & Deetz 2000) and moreover allowing the critical perspective to destabilize assumptions made within earlier research (Freire, 1974). By discussing critical theory in general but foremost the Freirean (1970, 1974) critical pedagogy specifically, the arguments in the chapter revolves around how critical pedagogy can open up for a more novel view on family business. The purpose is via critical pedagogy discuss family business from a limited situation perspective, and to argue for a Freirean (1970) dialogue as means of developing a critical consciousness for family members in the family business context. The chapter concludes with some recommendations on platforms or common grounds in which dialogue and raising of consciousness can occur in which the concept can open up possibilities for interesting learning transfer and bring multidimensional knowledge into the family firm.
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| 10. |
- Rondi, Emanuela
(författare)
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Process thinking and the family business
- 2015
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Ingår i: Theoretical perspectives on family businesses. - Cheltenham : Edward Elgar Publishing. - 9781783479658 - 9781783479665 ; , s. 119-136
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Bokkapitel (refereegranskat)abstract
- Time in family businesses plays a crucial role, connecting past, present and future in a non-linear flux. Despite the centrality of time to change and the becoming of organisations, and of family businesses in particular, currently the research in this field primarily relies on variance theory. In this chapter, I aim to show the potential for process thinking and sensemaking in family business research to investigate how dynamic phenomena evolve over time. After having briefly introduced the process approach and its development, I review how it has been used in the family business field to cope with a wide range of phenomena such as social capital, business failure and portfolio entrepreneurship. Family business is an idiosyncratic context for implementing process studies due to the relevance of time and of social actors’ interaction. Process thinking may provide us with a better understanding of already studied phenomena analysed from a different perspective while also enabling the investigation of new areas evolving in time.
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