dissertation on family firms

The dissertation examines corporate performance and capital structure of family firms, contributing to the limited empirical research on family firms. Family firms are prevalent in national economies all over the world. It is the prevalence that makes family firms receive increasing attentions from academia.

Calder' s (1953) dissertation on management problems in small family controlled manufacturing firms is the first documented scientific study in this field (see Sharma et al ., 2007, for the evolution of family business studies). ... of the family firm, the articles contained in this special issue, and directions for future research are discussed.

The percentage of these enterprises owned by a family range from 8.78% to 81.03%, with an average of 35.08%. At 19.35% of these businesses, family ownership is 51% or more. Enterprises with a family ownership rate of 30% or more account for 52.04% of these businesses.

family control decline, thus benefits are most visible in non-majority family firms. Also, if the family firm does systematically yield superior performance results, it should theoretically outnumber other types of corporations, which is in reality not the case. Therefore, Miller et al. 2007 focused on what could cause this puzzle.

Family businesses represent the oldest type of commercial organisation and are now the key driver of wealth creation in both emerging and developed economies (Dana and Ramadani,2015; Harris et al., 2004; Ingram and Glód, 2018, Ramadani et al., 2020).Family businesses are those businesses at least 50% owned by a single family, a definition we adopt to define a family business.

Dissertations UMSL Graduate Works 4-17-2023 Moving Forward by Looking Back: How Family Firms Create Competitive Advantage by Embracing Their History ... family firm is 24 years, and the vast majority of family firms are either sold or liquidated after the death or retirement of their founder (Lambrecht, 2005; Lansberg, 1988). ...

It also examines firms' communication (family firm identity and country-of-origin) on consumer response in the context of two countries with different economic development. View.

Contributors: Raphael Amit & Belén Villalonga Edited by: Leif Melin, Mattias Nordqvist & Pramodita Sharma Book Title: The SAGE Handbook of Family Business Chapter Title: "Financial Performance of Family Firms" Pub. Date: 2014 Access Date: March 27, 2020 Publishing Company: SAGE Publications Ltd City: London Print ISBN: 9780857023636 Online ...

1 INTRODUCTION. Corporate governance attributes such as ownership and board characteristics are important determinants of firms' capital structures (Berger, Ofek, & Yermack, 1997; Brailsford, Oliver, & Pua, 2002; Wen, Rwegasira, & Bilderbeek, 2002).Families are the most common shareholders around the world and analyzing the capital structure of family firms has gained increased interest in ...

The author defined a model to conceptualize family firms' performances based on two primary dimensions: the family and the business. At any stage of its existence, the family company's performance is defined as a high performance in its family and business dimensions. This is depicted in Fig. 2.5. Fig. 2.5.

Walden Dissertations and Doctoral Studies Walden Dissertations and Doctoral Studies Collection 2021 Succession Planning Strategies Within Family Firms Brent Alan Muckridge ... family firm owners, and even fewer survive the transfer between subsequent generations (Porfírio et al., 2020). The general business problem was that family firm owners ...

to the next generation, 3) family firm behavior, and 4) distinctive familiness. In order to identify a firm as a family firm these characteristics are required. In this dissertation, I follow the essence approach by Chua et al. (1999, p. 25) in defining a family firm as "a business governed and/or managed with the intention to shape

Long-term success of family firms is of utmost social and economic importance. Three of its determinants are in the center of this Dissertation: firm-level entrepreneurial orientation (EO ...

This special issue ends with a comprehensive review article by Zellweger and Astra- chan focused on understanding what we know about the ways in which family influence af- fects firm performance ...

directors). Family firm status in measured by being either a family firm or a non-family firm based on the percentage of ownership. R&D expenses are measured as a percentage of the total operating revenues of the firm. Results confirm the risks averse nature of family firms and show that family firms invest less in R&D than their non-family ...

After that, family constitutions are located within the governance framework for family firms (Section 1.4). Finally, family constitutions and their potential legal implications are analyzed more closely in the light of German company and contract law (Section 1.5). 1.2. Family Firms and Legal Forms.

Although the study of family firm internationalization has generated considerable scholarly attention, existing research has offered varied and at times incompatible findings on how family ownership and management shape internationalization. To improve our understanding of family firm internationalization, we systematically review 220 conceptual and empirical studies published over the past ...

Master Thesis in Business Administration. Title: Resilience in family firms. An exploratory study of nepotism under the shape of asymmetric altruism's effect on family firm's resilience. Authors: Cavazzini, L & Katsijev, Z. Supervisor: PhD, Duncan Levinsohn Date: 2020-05-18 Key terms: Family firm, resilience, nepotism and asymmetric altruism.

Family firms' internationalization has been intensively investigated using a variety of theoretical lenses and empirical methods Debellis et al., 2021; De Massis et al., 2018; Lahiri et al., 2020 ...

A Florida sheriff's office publicly released bodycam footage from a deputy who fatally shot a Black airman in his home last week, and disputed claims from the victim's family that the deputy ...

These are healthcare product firm Kimberly-Clark and electronics company Samsung. It comes amid a major review of almost 800 royal warrants that was triggered by the death of Queen Elizabeth II.

The dissertation examines corporate performance and capital structure of family firms, contributing to the limited empirical research on family firms. Family firms are prevalent in national economies all over the world. It is the prevalence that makes family firms receive increasing attentions from academia. The dissertation consists of an ...

The medical examiner has completed the toxicology report on Riley Strain's death and his family has hired a Nashville law firm to represent them. By Caleb Wethington Published : May. 10, 2024 at 4 ...

A public debate was sparked in recent years over the "996" work culture, where employees in technology firms were expected to work from 9 a.m. to 9 p.m., six days a week. The issue was also spotlighted after the deaths of two employees of Chinese e-commerce firm Pinduoduo, one of whom collapsed suddenly on the street on her way home from work.

In section 2.1, I briefly discuss alternative definitions of family firms that have been used in previous studies, and show how family firms are defined in this dissertation. Further, I present theories that help explain the differences between family and non-family firms (section 2.2).

governance provisions are influen tial on firm performance in publicly-traded firms in the US. 2.3. Family Firm Behavior. Aside from the performance outcomes of family i nvolvement, the Special ...

Sidara, the family-owned engineering company formerly called Dar Group, is exploring a potential acquisition of London-listed John Wood Group Plc, according to people familiar with the matter.

The medical examiner has completed the toxicology report on Riley Strain's death and his family has hired a Nashville law firm to represent them. News EF-2 tornado hit Giles County on Wednesday

In section 2.1, I briefly discuss alternative definitions of family firms that have been used in previous studies, and show how family firms are defined in this dissertation.

The defense lawyers had argued that Stormy Daniels's testimony in Donald J. Trump's criminal trial was prejudicial. In denying their motion, the judge said they had opened the door to her ...