Understanding the contesting ideologies of family business: challenge for leadership and professional services

Article Abstract:

The family business system's combination of entrepreneurialism, managerialism, and paternalism is discussed and a model is offered to synthesize the different ideologies. The study is based on the theoretical background of the developments of Johannisson and Huse (2000) and Tagiuri and Davis (1996), and the summary of the key results emphasizes the need for balance among creation, caring and control, since in a professional family business, consulting is similar to good parenting.

Models

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Acquiring a family firm: a case study

Article Abstract:

Mergers and acquisitions are examined involving family firms and key success factors by looking at the results of an acquired family firm case study. Results from this study suggest that mergers and acquisitions (M & As) processes differ along structure, motivation and culture dimensions, and also post-acquisition considerations for M & As involving family firms, as the future likelihood of family firms being involved in acquisitions is high.

Acquisitions & mergers, Case studies, Mergers, acquisitions and divestments, Company acquisition/merger

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Understanding the complexities of private family firms: an empirical investigation

Article Abstract:

Empirical results on the investigation done on the family owned firmEs management in United states are presented. Estate and succession planning is important once operational and financial issues have been addressed. The results found are robust when firm size, age, and family firm status are analyzed.

Strategy & planning, Planning, Demographic aspects, Company business planning

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