Familienunternehmen und KMU – serie
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31 produkter
31 produkter
Häftad, Engelska, 2013
566 kr
Skickas inom 10-15 vardagar
Small and medium-sized firms are a prevalent organizational form in Germany. Their importance for the German economy is indisputable. Most of them are global market leaders in their niches and are considered to be a force for innovation in the German economy. The ability to be innovative in niche markets has been identified as the antecedent of their strong, or even dominant, competitive positions in their industries. The driver of this innovation success may well be the family, which distinguishes family firms from non-family firms. But how can a family influence innovation in a family firm and does this influence have only positive effects? This dissertation focuses on the impact of top management teams on innovations interacting with family firm-specific characteristics.
Häftad, Engelska, 2013
566 kr
Skickas inom 10-15 vardagar
Adaptation to discontinuous technological change constitutes a major, yet vincible challenge for established companies. This book reveals crucial differences between the challenges that family-owned and managed firms face as compared to non-family firms. Series of case studies in the German retailing and book publishing industries illustrate those differences. Empirical evidence as presented in the book further shows how organizational identity affects whether and in what way firms adapt to radical shifts in their environment.
Häftad, Engelska, 2013
566 kr
Skickas inom 10-15 vardagar
Despite broad anecdotal evidence, little is known about the antecedents and outcomes of stakeholder trust when dealing with a family business. The topic has received little systematic attention, which is surprising given its importance as a potential competitive advantage for family businesses and the influence of family businesses in many markets around the world. In his dissertation, Hannes Hauswald tries to address this gap. In the course of three essays, he explores what drives stakeholder trust when dealing with family businesses. Furthermore, he sheds light on the outcomes of stakeholder trust for family businesses and relevant contingency factors.
Häftad, Engelska, 2013
566 kr
Skickas inom 10-15 vardagar
Family offices manage and coordinate a family’s combined wealth whilst preserving the family legacy and protecting family interests. The families behind these family offices control a significant percentage of the GDP of developed economies, with consequences for financial markets. At the same time, family offices act at the intersection of family and commerce, which makes this particular form of organization appealing to the field of strategic management. Despite its practical and academic relevance, the literature has hardly explored the concept of family offices. As a result, the primary objective of this book is to introduce the domain of family offices. By exploring goals, control and conflicts in the context of family offices, this book contributes to consider this family-influenced organization an essential constituent of management research and an ever more prominent actor in today’s global financial markets.
Häftad, Engelska, 2014
1 124 kr
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Family firms are of particular importance for many economies. We know little about family firm buyouts and how they are different from non-family firm buyouts. Oliver Ahlers investigates this under-researched topic. After a comprehensive literature review on family firm buyouts, the focus of his book is on the key steps of the investment process such as family firm valuation and negotiations between PE investors and family sellers. Additionally, it is investigated how “soft factors” such as trust, reputation or commitment could play an important role when PE and family firms interact. Throughout the book, differences between family and non-family firm buyouts are highlighted.
Häftad, Engelska, 2014
566 kr
Skickas inom 10-15 vardagar
Sufficient capital is the basic requirement necessary to operate the business, to fund innovation, to drive growth and to successfully hand over the business to next generations. Thomas Pijanowski investigates the impact of family firms on bank loan officers’ judgment and decision making in the context of lending. Using an experimental conjoint approach and building upon behavioral economics he examines the question of whether and why loan officers deal heterogeneously with different types of family firms in the context of their credit availability decisions. The outcome of this research project holds some important implications for practitioners.
Häftad, Engelska, 2014
566 kr
Skickas inom 10-15 vardagar
Pascal Engel investigates how outside directors are incentivized in family firms that are publicly listed but still partly owned by members of the founding family. Owning families significantly influence their firms' corporate conduct with their own set of goals, sometimes in conflict with economically driven goals of the capital markets. The author analyzes how family shareholders exert their influence on compensation schemes of outside directors who have the difficult task to protect the interests of family and non-family shareholders. This book provides insights on current approaches of defining a compensation scheme that attracts qualified outside directors but concurrently reflects respective shareholders' preferences.
Häftad, Tyska, 2015
686 kr
Skickas inom 10-15 vardagar
Annika Halder zeigt, dass der Einfluss von Familienmitgliedern und die Persönlichkeit des Familienunternehmers entscheidend für die unternehmerische Ausrichtung und die Innovationsfähigkeit eines Unternehmens sind. Dabei berücksichtigt sie erstmals auch Familienmitglieder, die nicht im Unternehmen tätig sind, sondern aus dem privaten Umfeld Einfluss auf die strategischen Entscheidungen des Familienunternehmers ausüben.
Häftad, Engelska, 2016
566 kr
Skickas inom 10-15 vardagar
Annika Geyer aims to advance the currentunderstanding of variations in family businesses' growth performance and toexplain their potential origins. She focuses on the respective impact of theset of relevant background factors (stemming from top executives' individualcharacteristics as well as the given organizational and social environment) onthe firms growth performance and the underlying processes through which thisimpact is transmitted. The insights of this work constitute an essential steptowards settling the debate on how the family actually contributes to the familyfirm's performance and hold some important implications for practitioners.
Häftad, Tyska, 2016
842 kr
Skickas inom 10-15 vardagar
Helge Döring untersucht wieFamilienunternehmen unterschiedlicher Größen durch die Ausgestaltung vonIT-basierten und nicht IT-basierten Werkzeugen ihr bestehendes Wissen unterallen Mitarbeitern verteilen, neues Wissen aus der Umwelt aufnehmen und Wissensabflüssez.B. durch Pensionierungen kompensieren können. Es wird aufgezeigt, dass die größtepraktische Herausforderung für Familienunternehmen darin besteht, die bestehendeWissensbasis zu schützen und das in den Mitarbeitern individuell vorhandeneerfolgsrelevante Wissen in ein organisationales Wissen umzuwandeln.
Häftad, Engelska, 2016
566 kr
Skickas inom 10-15 vardagar
Jörg Schäfer investigates the influence of family firm specific decision rationales based on socioemotional wealth on vertical and horizontal pay ranges in family firms. Building on a primary data set of over 200 family firms in Germany and applying multiple regression analysis techniques, as well as, the firm conceptual foundation in family firm and compensation theory, the presented study provides answers regarding antecedents of pay variation, and the factors that drive different family firms to pursue and implement specific pay structures and pay variations. Furthermore, the dissertation contributes to the current research discussions, by partially validating the FIBER scale, proving the heterogeneity of family firms and adding robustness to methodology and range measures in the compensation context.
Häftad, Engelska, 2016
566 kr
Skickas inom 10-15 vardagar
Thomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of turnaround on the family role in family firms. Based on a specifically developed integrated conceptual turnaround model, the author collected a sample of 209 turnaround cases of German medium-sized companies from restructuring experts working for German banks. Employing a variety of carefully selected statistical analyses he identifies key factors for turnaround success and finds specific archetypes of crises and turnaround. The study concludes with an analysis of the impact of a successful turnaround on the family firms within his sample. Based on the study’s insights he provides both, recommendations for future research and a set of practical implications for all relevant stakeholders of a turnaround situation.
Häftad, Tyska, 2017
634 kr
Skickas inom 10-15 vardagar
Die Autorin stellt den allgemeinen Stand der Forschung zur innovationsförderlichen Unternehmenskultur dar und prüft, welche Spezifika dazu in Familienunternehmen vorliegen. Mit der Untersuchung der Einflussvariable "familiness" - der Einzigartigkeit eines Familienunternehmens - ermöglichen die Befunde ihrer qualitativen empirischen Studie in deutschen Familienunternehmen unterschiedlicher Größe und unterschiedlicher Branchenzugehörigkeit die Fortschreibung der Theorie des Familienunternehmens im Bereich des Innovationsmanagements.
Häftad, Engelska, 2017
566 kr
Skickas inom 10-15 vardagar
Christoph Rose provides a broader differentiation of the perspective on family-owned companies. In contrast to several studies that merely discuss family-owned companies and non-family companies, his analysis is based on family influence, so the dominating heterogeneity of family-owned companies in practice is taken into account. The author provides an empirical database that substantiates his statements and that is the first attempt to make the conceptional FIBER model of socio-emotional wealth suggested in literature accessible to empirical analysis.
Häftad, Engelska, 2017
566 kr
Skickas inom 10-15 vardagar
Margarete Rosina investigates whether it makes sense for family firms to communicate their family firm status to consumers. To do so, she conducts two experimental studies using a sample of 349 consumers. Using a branding perspective, the first study looks at whether consumers perceive family firm brands as more authentic and why and how this influences their buying behavior. The second study applies a consumer happiness perspective and investigates whether family firms signal prosocial behaviors related to “doing good”, namely being a good employer and socially responsible, and whether this, in turn, leads to higher levels of consumer happiness when buying from family firms. Both studies indicate that the family firm status can be of strategic value for family firms.
Häftad, Tyska, 2017
790 kr
Skickas inom 10-15 vardagar
Simon Caspary untersucht, wie die Sozialisation von Nachkommen aus Unternehmerfamilien durch die Existenz eines Familienunternehmens beeinflusst wird. Für die Beantwortung der Ausgangsfrage wird ein pluralistischer Zugang gewählt, der die Mechanismen und Einflussgrößen auf die Sozialisation und Identitätsbildung der Nachkommen abbildet. Neben einem dezidierten Überblick über die relevante Literatur trägt die umfangreiche theoretische Aufarbeitung wesentlich dazu bei, den Erkenntnisfortschritt für den Sozialisationskontext Familienunternehmen im wissenschaftlichen Diskurs voranzutreiben.
Häftad, Engelska, 2018
566 kr
Skickas inom 10-15 vardagar
Sandra Wolf develops a better understanding of the importance of clearly communicating family influence. She examines the efficacy of brand elements that signal family influence and that help external stakeholders to identify a family firm. An experiment with 543 students in Germany and Switzerland is carried out to empirically test the derived hypothesis. The results highlight two important findings. Firstly, the importance of a family firm tagline as well as the family name as brand elements are able to signal "family firm" and this helps potential employees to immediately categorize the potential employer. Secondly, a positive relationship between the identification of a family firm and applicant attraction was confirmed as to that the relationship is serially mediated by perceived brand authenticity and perceived benevolence.
Häftad, Tyska, 2018
581 kr
Skickas inom 10-15 vardagar
Aaron Brückner zeigt, dass Familienunternehmen vor der paradoxen Herausforderung stehen, zum Konzern werden zu müssen, ohne zum Konzern zu werden. Die tradierten Denk- und Handlungsmuster des personenorientierten „Erfolgsrezeptes“ von Familienunternehmen stehen auf dem Prüfstand und es werden zwei Führungsverhältnisse diskutiert, die Familie und Unternehmen als koevolutionäre Einheiten akzeptieren. Der dirigierende Chairman und der professionelle Nachfolger offenbaren, dass das Kooperationsumfeld zur Bewältigung des Musterwechsels von familienähnlichen zu organisationsförmigen Führungsverhältnissen gleichzeitig von familienfremden Managementressourcen als auch unternehmerischen Familienressourcen profitieren kann.
Häftad, Engelska, 2019
566 kr
Skickas inom 10-15 vardagar
CEO succession represents a challenge for many companies. The leadership style of the new CEO impacts employees’ attitudes which, in turn, might be biased by the comparison employees make with their previous CEO. Cristina Pratelli investigates how and why leadership style (dis)similarity between the predecessor and the successor develops and affects successor leadership effectiveness. After a literature review and a theoretical model, she presents results from a quantitative study with SMEs in Switzerland as well as a qualitative multiple-case study with family businesses based in Germany, Italy, and Switzerland. This work offers new insights into CEO selection, leadership development, and the effectiveness of organizations.
Häftad, Tyska, 2019
634 kr
Skickas inom 10-15 vardagar
Vertrauen ist in Unternehmen unerlässlich und Familienunternehmen werden oft mit einem hohen Maß an Vertrauenswürdigkeit assoziiert. Timo Eßer untersucht, ob nicht-finanzielle Ziele die Vertrauenswürdigkeit von Familienunternehmen und Nicht-Familienunternehmen in den Augen ihrer Fach- und Führungskräfte fördern können. Die Ergebnisse dieser Arbeit zeigen, dass nicht von einem flächendeckenden bzw. multidimensionalen Vertrauenswürdigkeitsvorteil im vorgenannten Kontext für Familienunternehmen im Vergleich zu Nicht-Familienunternehmen gesprochen werden kann. Eine differenziertere und detailliertere Betrachtungsweise ist notwendig.
Häftad, Engelska, 2020
566 kr
Skickas inom 10-15 vardagar
In this book Carola Normann-Tschampel develops an enhanced understanding of the relevance of Value-Based Management (VBM) to management practice in Mittelstand. A theory-practice gap is identified based on a unique overview of the field of research. The empirical investigation focuses on three specifically identified areas of management (strategic decision-making, objectives, attitudes) and uses a specific research approach. The insights gained from taking an interpretive stance towards owner-managers’ practical experience provide a valuable basis to further address the overall research gap.
Häftad, Engelska, 2020
983 kr
Skickas inom 10-15 vardagar
Growth is one of the central strategic topics in management science. A growing enterprise embodies success and growth supports the longevity of the business. In her book Laura Seibold provides an overview of the literature on general growth components and different theoretical growth models with a special focus on family enterprises. The author formulates a comprehensive model of how growth can be achieved in family firms. This derived model combines the insights from general growth theory, family specific literature and the insights of top family firm leaders.
Häftad, Tyska, 2020
738 kr
Skickas inom 10-15 vardagar
Die Zusammenarbeit zwischen familieninternen und familienexternen Geschäftsführern in Familienunternehmen kann durch Asymmetrien auf der Beziehungsebene belastet sein. In Anlehnung an teampsychologische Forschung untersucht Alisa Pfeiffer, welche sozialen Mechanismen auf die Effektivität dieser gemischten Geschäftsführungsteams förderlich wirken. Das zugrunde liegende theoretische Rahmengerüst bilden Input-Process-Output (IPO) -Modelle, die auf den Organisationskontext Familienunternehmen übertragen werden. Mittels eines Mixed-Method-Ansatzes können die Ergebnisse zweier Erhebungen kombiniert werden. Die Resultate weisen darauf hin, dass soziale Steuerungsmechanismen durch familieninterne Geschäftsführer sowie die Forcierung einer partnerschaftlich orientierten Beziehungsebene wesentliche Elemente der Teameffektivität bilden, ebenso wie eine konstruktive Bewältigung von Konflikten.
Häftad, Tyska, 2021
686 kr
Skickas inom 10-15 vardagar
Stiftungen stellen zentrale Elemente philanthropischen Handelns für Unternehmer dar. Weniger bekannt ist die Tatsache, dass sich Stiftungen – obgleich sie originär nicht für private Zweckerfüllung konzipiert wurden – auch exzellent zum Zwecke der Vermögensverwaltung bzw. Unternehmensführung eignen. Besonders Familienstiftungen weisen in diesem Zusammenhang vielfältiges Konfliktpotenzial auf und stellen eine Herausforderung aus Sicht des Stiftungsmanagements dar. Diese Untersuchung würdigt den Sachverhalt zum einen durch eine empirisch getestete Modellentwicklung, zum anderen wurden die Stiftungszwecke in den Fokus gestellt und damit ein neuartiger Stiftungstypus definiert: Die Vielzweckstiftung, welche im Zentrum der Konfliktanalyse steht. Dieses Buch stellt damit durch die genutzten Interviews mit Stiftern, Wissenschaftlern, Beratern, Aufsichtsbehörden und Interessensvertretungen eine wertvolle Ergänzung der bestehenden Literatur dar und ermöglicht es Praktikern und Wissenschaftlern,fundiertere Entscheidungen im Hinblick auf das Stiftungsmanagement zu treffen.
Häftad, Engelska, 2023
1 124 kr
Skickas inom 10-15 vardagar
This book studies the long-term development of the 250 largest family and non-family enterprises in Germany between 1958 and 2018. In particular, the continuities and discontinuities of the companies’ ownership structure, operations and solvency are examined. Historical methods are used to advance the understanding of the attributed long-term orientation of family firms in family business research. The collected data of the 250 largest enterprises of 1958 provide the most comprehensive historical overview of the industrial landscape of this period. The long-term analyses show that more than half of the companies fail and less than a quarter keeps their ownership structure in the observation period of 60 years. In this timeframe, family-owned businesses have relatively stable ownership structures and superior survival rates compared to public companies although the latter experience higher growth rates. A listing of a family firm leads to the discontinuity of the family’s majority ownership in the mid- to long-term. Furthermore, company types like foundation-owned enterprises and foreign subsidiaries show even higher survival rates. The book closes with practical implications based on the identified development patterns of the surviving and failed enterprises.
Häftad, Engelska, 2024
1 236 kr
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Going Public - a decision of great scope, from opportunity to demise. Many firms find themselves at a crossroads, sooner or later. Especially for family-owned businesses the decision to go public may bear additional risks. In the end, the question arises - how did it work out for others? This is where this book latches on. The focus of the study lays on German stock-listed family firm longevity and family involvement. With an observation period comprising 68 years, German family businesses with an IPO launch between 1950 and 1988 have been screened for changes regarding family shareholding and involvement along the timeline until the end of observation in 2018. The study reveals outcomes of numerous family businesses after IPO, of positive as well as negative nature. In the end, the findings have been combined into a model reflecting the identified success factors of the surviving stock-listed family businesses.
Häftad, Engelska, 2024
1 012 kr
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Assumed a variance between the established paths and opportunities occurring from the new, digital technologies, the aim of this book is to better understand why firms can struggle on digital transformation through business model innovation. In depth, Percy Menth studies, what specific characteristics of German private family firms and publicly listed non-family firms can influence potential struggling. Furthermore, the aim of this book is to identify ways, how both could benefit from one another. Therefore, the author analyses interviews with 30 owners and C-level managers from 30 German private family firms and 20 C-level managers of 15 German publicly listed non-family firms facing digital transformations. This study’s key finding is, that it is not the firms’ nature, that may primarily foster digital transformation and business model innovation, but rather people, who could make the difference between struggling and success.
Häftad, Engelska, 2024
1 236 kr
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In today's dynamic business environment, resource-constrained organizations, such as SMEs and startups, must navigate the dual demands of exploration and exploitation to achieve ambidexterity – a critical capability for business survival and success. This book examines how such organizations can use strategic alliances to benefit from ambidexterity.In an empirical study, 15 case studies of strategic alliances between established organizations and startups are analyzed based on numerous expert interviews with CEOs, founders, and managers. By collaborating, corporates can benefit from the innovative strength of startups, while startups can benefit from the corporates’ networks and reputation. However, these collaborations often prove challenging. The author develops an empirical model that identifies key antecedents of alliance success. This model sheds light on critical elements such as power imbalances and provides actionable insights for fostering effective and mutually beneficial collaboration.This book is essential for entrepreneurs, corporate leaders, and researchers interested in ambidexterity, strategic alliances, and corporate-startup partnerships.
Häftad, Engelska, 2025
1 236 kr
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In an era marked by the rapid development of digital technologies, established firms face the necessity of digital transformation to remain competitive with digitally native entrants. Despite the acknowledged economic importance of digital transformation for family firms, the evidence is split. While some research suggests that family firms may grapple with digital transformation due to their traditional roots and rigid structures, many family firms are at the forefront of digital transformation within their industries. These differences suggest that there may be family-specific and contextual factors at play that shape the scope and pace at which family firms engage in digital transformation. This book addresses this ambiguity by adopting a qualitative, exploratory approach, employing grounded theory methodology to disentangle the interplay of family influence and national culture with digital transformation in family firms. Drawing on rich qualitative data from 31 semi-structured interviews with German and Chinese family firms and 24 expert interviews with digital transformation professionals, a process model emerged to deepen our understanding of family and cultural influences in shaping the digital transformation process. Cultural differences between German and Chinese family firms influence the way digital transformation unfolds but, contrary to initial expectations, play a minor role in explaining differences in the pace of digital transformation. Family influence appeared to be a more salient explanation for these differences. The findings show that family influence has a yin and yang effect in that it can bring friction and uncertainty but also promote alignment and long-term resilience. Ultimately, the family’s stance on digital transformation shapes both its initiation and execution. In addition, this book sheds light on the decision logic underlying the uncertain and emerging conditions of digital transformation and offers practitioners valuable insights into the likely impact of these decisions on future outcomes.
Häftad, Engelska, 2025
454 kr
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In this Open Access Publication, we present four chapters that provide a holistic view of the critical steps in a family firm’s decarbonization journey. Achieving the EU's climate targets relies heavily on German family firms, given their pivotal role in the economy and substantial greenhouse gas (GHG) emissions. First, we explore the measurement and accounting mechanisms of GHG emissions, leveraging data from German family firms across various industries. Second, we examine the management of goal tensions between environmental and economic objectives, focusing on how family firms can derive value from their emissions data. Third, with the upcoming Corporate Sustainability Reporting Directive (CSRD) and the importance of communicating decarbonization efforts to stakeholders, we analyze the implications of this reporting mandate for family firms. Fourth, given the high investment demands of decarbonization measures, profitability remains a critical concern. Therefore, we also delve into the relationship between corporate environmental performance and corporate financial performance, highlighting the intersection of sustainability and long-term financial viability.