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The five dimensions are briefly explained below: Amount of control in family hands Finance and Read More...
Category: Applied and Practice
Author: Thomas Zellweger
hiring the next employee, adding a new product or service, opening a second location or borrowing to finance Read More...
Category: Features
Author: Kerry Hannon
than large corporations (Portuguez Castro & Gómez Zermeo, 2021), since they lack sufficient resources Read More...
Category: Research Insight
Authors: Qizhen Cai and Kimberly Eddleston
Family firms tend to invest plenty of effort in human resources practices that nurture employees’ long-term Read More...
Category: Research Insight
Authors: Emanuela Rondi , Ruth Überbacher , Leopold von Schlenk-Barnsdorf , Alfredo De Massis and Marcel Hülsbeck
Family firms typically emphasize one of two management approaches: stewardship, which stresses participation, adaptability and family harmony; and agency, which emphasizes discipline, management and Read More...
Category: Commentary
Authors: Kimberly Eddleston , Franz Kellermanns and Roland Kidwell
Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read More...
Category: Applied and Practice
Authors: Franz Kellermanns , Nicole Gottschalck and Christina Guenther
Yet only few families dedicate enough resources to ensure that their family members become capable Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
Make your history a strategic resource by bringing together the family to reflect among generations on Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
These family firms appear eager to pursue approaches that improve their human resource management and Read More...
Category: Applied and Practice
Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano
It’s been proven that dedicated employees who go above and beyond what the job specifies help their companies be more efficient and keep customers happy. Other research has shown that leaders can Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Kristen Madison