Family Business Review
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Family firms are strongly influenced by the behavior of family members in those organizations, thus toxic behavior is a major risk for the continuity and success of any family firm. A great deal of Read More...
Category: Research Insight
Authors: Benjamin McLarty and Daniel T. Holt
Family firms often frame their history as a tale of generations (e.g., first, second, third – generation). This approach has become so ingrained in how we think about family and organizational Read More...
Category: Research Insight
Authors: Christina Lubinski and William Gartner
Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. When a family business portfolio includes Read More...
Category: Research Insight
Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander
Across a range of disciplines, researchers have sought to identify the “bad behavior” of family firms as well as its causes and effects. Such topics include family conflict, sibling rivalry, Read More...
Category: Research Insight
Authors: Roland Kidwell , Kimberly Eddleston , Linda Kidwell , John Cater and Ellison Howard
Family businesses often have not only financial wealth but also nonfinancial values that make them different from nonfamily companies. For instance, the family’s significant control over ownership, Read More...
Category: Research Insight
Authors: Josh Hsueh , Alfredo De Massis and Luis Gomez-Mejia
Family business owners often depend on legal advice to control ownership changes and uphold a functional balance between owners. This legal advice on ownership issues spans both family law and Read More...
Category: Research Insight
Authors: Kajsa Haag , Hanna Almlöf , Marina Madsen and Mette Neville
Research shows that family businesses enjoy numerous reputational benefits in their relationships with stakeholders ( Astrachan , 2021). Customers usually believe they provide better quality; Read More...
Category: Research Insight
Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude
We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...
Category: Research Insight
Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury
We have always been deeply interested in the topic of why and how business families build up a portfolio of businesses, and how they manage this portfolio successfully in the long run. From many Read More...
Category: Research Insight
Authors: Philipp Sieger , Naveed Akhter and Francesco Chirico
Publicly traded family firms may attract all sorts of investors from outside the family. And like other publicly traded firms, they sometimes attract activist hedge funds, whose primary purpose often Read More...
Category: Research Insight
Authors: Matthias G. Leute , Yannick Bammens , Martin Carree and Jolien Huybrechts