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What is Family Firms

Chapter 18
Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
A family or a group of families with ownership participation in the firm, and family leadership and involvement in management.
Published in Chapter:
Innovation and Family Firms: Past and Future Research Perspectives
Ana María Serrano-Bedia (University of Cantabria, Spain), Jesús Manuel Palma-Ruiz (Universidad Autónoma de Chihuahua, Mexico), and Cinthya Flores-Rivera (Tecnológico de Monterrey, Mexico)
Copyright: © 2019 |Pages: 28
DOI: 10.4018/978-1-5225-8012-6.ch018
Abstract
This chapter aims to perform a systematic review of the most recent publications in innovation within the field of family business. A comprehensive systematic search in Clarivate Analytics Web of Science through December 2017 allowed the authors to retrieve 389 peer-reviewed articles. After careful screening, the final sample was reduced to 152 documents from 72 journals. The characteristics of the scientific journals, the diverse topics currently addressed, and the main lines of research were identified. The results revealed the existence of a highly diversified field of research with a wide variety of topics, receiving a growing interest and not limited to specialized journals nor a reduced number of researchers. All of this is indicative of an advance in the field to consolidate innovation as a high potential area of study. This allows researchers to reflect on the current status and research opportunities to contribute to the development of this field.
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More Results
Chapter 6
Competitive Advantage Development in Family Firms by Transforming Entrepreneurial Orientation Into CSR: Evidence From Spain
A family or a group of families with ownership participation in the firm, and family leadership and involvement in management.
Published in Chapter: Competitive Advantage Development in Family Firms by Transforming Entrepreneurial Orientation Into CSR: Evidence From Spain; From: Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
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Chapter 10
Entrepreneurial Leadership as a Driver of Innovation Success in Family SMEs in Colombia: The Difference Between Family and Non-Family CEOs
An organization where one or more families have control of the ownership of the business as well as active participation in its management.
Published in Chapter: Entrepreneurial Leadership as a Driver of Innovation Success in Family SMEs in Colombia: The Difference Between Family and Non-Family CEOs; From: Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
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Chapter 17
Strategic Behavior in Family Firms: A Theoretical Insight Into Dynamic Familiness
Family-owned businesses with the participation of family members in their governing and management boards, where the need to maintain and project the company through family generations is an important objective.
Published in Chapter: Strategic Behavior in Family Firms: A Theoretical Insight Into Dynamic Familiness; From: Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
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Chapter 12
Synergizing Innovation and Internationalization in Family Firms: A Pathway to Sustainable Leadership
Businesses under the ownership, control, and management of individuals from a common family lineage.
Published in Chapter: Synergizing Innovation and Internationalization in Family Firms: A Pathway to Sustainable Leadership; From: Contemporary Management and Global Leadership for Sustainability
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Chapter 9
Value-Based Management and Responsibility in the Management of People: A Competitive Advantage for Family Business
According to the Institute for Family Business (IEFam) a family firm is an Enterprise where the majority of the property belongs to the family and at least one member of the family participates in the business’ governance.
Published in Chapter: Value-Based Management and Responsibility in the Management of People: A Competitive Advantage for Family Business; From: Designing and Implementing HR Management Systems in Family Businesses
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Chapter 15
The Role of Awareness in Designing Human Resources Management Practices in Family Firms: A Configurational Model
Organizations dominantly controlled by a family with the vision to sustain family control across generations potentially.
Published in Chapter: The Role of Awareness in Designing Human Resources Management Practices in Family Firms: A Configurational Model; From: Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
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Chapter 9
International Effect on Family SME Financial Distress Prediction
Firms whose shareholders have more than 25% of the firm shares, and the family control’s the firm’s management.
Published in Chapter: International Effect on Family SME Financial Distress Prediction; From: Cases on Internationalization Challenges for SMEs
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Chapter 14
How Does Terrorism Change the Business Landscape for Firms?: A New Framework for Analyzing Risks
A firm that is owned either completely or by majority share of family members.
Published in Chapter: How Does Terrorism Change the Business Landscape for Firms?: A New Framework for Analyzing Risks; From: Contemporary Challenges for Agile Project Management
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Chapter 6
Earnings Management and Corporate Governance in Family Firms: Evidence From a Small Market
Companies in which the founding family or a family member is involved in the top management of the firm and control twenty per cent or more of the equity.
Published in Chapter: Earnings Management and Corporate Governance in Family Firms: Evidence From a Small Market; From: International Financial Reporting Standards and New Directions in Earnings Management
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Chapter 13
Do Family Control and Macroeconomic Fluctuations Impact Firm Performance?: Evidence From Portuguese Listed Firms
A company that is owned twenty five percent or more by a family, and there is a family member on the board of director to assure family control.
Published in Chapter: Do Family Control and Macroeconomic Fluctuations Impact Firm Performance?: Evidence From Portuguese Listed Firms; From: Handbook of Research on Reinventing Economies and Organizations Following a Global Health Crisis
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Chapter 16
Data Analytics: Challenges and Opportunities for the Family Business
It refers to those businesses where multiple members of the same family are involved as owners or managers, either contemporaneously or over time.
Published in Chapter: Data Analytics: Challenges and Opportunities for the Family Business; From: Handbook of Research on the Strategic Management of Family Businesses
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Chapter 4
The Accumulation of Distinctive Competences in Family Firms
Firms where the business and the family are interrelated. Firms that are owned and managed by a family who has the interest in passing its ownership from generation to generation.
Published in Chapter: The Accumulation of Distinctive Competences in Family Firms; From: Competitiveness, Organizational Management, and Governance in Family Firms
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Chapter 10
Knowledge Management in Family Firms: Perspectives From Management Research
Businesses where ownership and control are primarily held by one or more families. These companies are often managed and operated by family members across generations.
Published in Chapter: Knowledge Management in Family Firms: Perspectives From Management Research; From: Cases on the Interplay Between Family, Society, and Entrepreneurship
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