The Palgrave Handbook of Heterogeneity among Family Firms

Description

This handbook is the definitive source of research on the differences among family firms. It provides a timely and thorough investigation of the variant strategies and behaviors undertaken by family firms today, taking a closer look at different configurations of family involvement and how they influence outcomes and success. While studies on differences between family and non-family firms are deeply rooted in the literature, this handbook uniquely examines the family firm heterogeneity research to date and the inner firm governance, financial and non-financial objectives, and strategies such as innovation, competitive dynamics, internationalization, and human resources management. The handbook pulls together the work of the most prominent names in family business from around the world, separating itself from the competition both in content and geographical scope. Future research directions provided in each chapter will spark further interdisciplinary scholarly work, and will be enlightening for researchers, educators, and practitioners who are currently limited to the narrow and exclusive literature and advance the burgeoning research on this important topic. Front Matter ....Pages i-xxi A Brief History and a Look to the Future of Family Business Heterogeneity: An Introduction (Clay Dibrell, Esra Memili)....Pages 1-15 Front Matter ....Pages 17-17 Origins of Family Business Research (Luis Jimenez-Castillo, Frank Hoy)....Pages 19-39 The Most Influential Family Business Articles from 2006 to 2013 Using Five Theoretical Perspectives (Dustin L. Odom, Erick P. C. Chang, James J. Chrisman, Pramodita Sharma, Lloyd Steier)....Pages 41-67 Empirical Modeling in Testing for Family Firm Heterogeneity (Hanqing “Chevy” Fang, Franz W. Kellermanns, Kimberly A. Eddleston)....Pages 69-85 Front Matter ....Pages 87-87 Family Firm Identities and Firm Outcomes: A Corporate Governance Bundles Perspective (Yuliya Ponomareva, Mattias Nordqvist, Timurs Umans)....Pages 89-114 Corporate Governance in Family Businesses Across Generations: Exploring Intergenerational Issues (Alexandra Dawson, Maria José Parada)....Pages 115-139 A Literature Review of Family Firm Boards: An Input-Mediator-Output-Input Perspective (Chelsea Sherlock, David Marshall)....Pages 141-179 Boards of Advisors in Family Small- and Medium-Sized Enterprises (Judith Van Helvert-Beugels, Anita Van Gils, Jolien Huybrechts)....Pages 181-199 Women on Boards in Family Firms: What We Know and What We Need to Know (Cristina Bettinelli, Barbara Del Bosco, Chiara Giachino)....Pages 201-228 New Directions for Brothers and Sisters in Successor Teams in Family Firms (John James Cater III, Marilyn Young)....Pages 229-262 Introducing the Enterpriseness of Business Families: A Research Agenda (Hermann Frank, Julia Suess-Reyes, Elena Fuetsch, Alexander Kessler)....Pages 263-296 Corporate Governance Codes: How to Deal with the Bright and Dark Sides of Family Influence (Stefan Prigge, Felix K. Thiele)....Pages 297-331 Defining Family Business: A Closer Look at Definitional Heterogeneity (Vanessa Diaz-Moriana, Teresa Hogan, Eric Clinton, Martina Brophy)....Pages 333-374 Front Matter ....Pages 375-375 Private Family Business Goals: A Concise Review, Goal Relationships, and Goal Formation Processes (Ralph I. Williams Jr., Torsten M. Pieper, Joseph H. Astrachan)....Pages 377-405 The Distribution of Family Firm Performance Heterogeneity: Understanding Power Law Distributions (Emma Su, Daniel T. Holt, Jeffrey M. Pollack)....Pages 407-429 Risk Behavior of Family Firms: A Literature Review, Framework, and Research Agenda (Markus Kempers, Max P. Leitterstorf, Nadine Kammerlander)....Pages 431-460 Capturing the Heterogeneity of Family Firms: Reviewing Scales to Directly Measure Socioemotional Wealth (Reinhard Prügl)....Pages 461-484 Do We Really Want to Cut Out the Deadwood? Family-Centered Noneconomic Goals, Restructuring Aversion, and Escalation of Commitment (Claudia Pongelli, Salvatore Sciascia, Tommaso Minola)....Pages 485-505 Family Values: Influencers in the Development of Financial and Non-financial Dynamics in Family Firms (Claire Seaman, Richard Bent, Mauricio Silva)....Pages 507-530 The Strategic Use of Historical Narratives in the Family Business (Rania Labaki, Fabian Bernhard, Ludovic Cailluet)....Pages 531-553 Front Matter ....Pages 555-555 All the Same but Different: Understanding Family Enterprise Heterogeneity (Ken Moores, Denise Linda Parris, Scott L. Newbert, Justin B. Craig)....Pages 557-587 Justice in the Family Firm: An Integrative Review and Future Research Agenda (Laura E. Marler, Tim Barnett, James M. Vardaman)....Pages 589-613 The Heterogeneity of Family Firm Ethical Cultures: Current Insights and Future Directions (William Tabor, Kristen Madison, Joshua J. Daspit, Daniel T. Holt)....Pages 615-642 The Diversity of Deviance: How It Can Hurt (and Help) Families and Family Firms (Roland E. Kidwell, Kevin C. Cox, Kathryn E. Kloepfer)....Pages 643-672 The Dynamics of Identity, Identity Work and Identity Formation in the Family Business: Insights from Identity Process Theory and Transformative Learning (Richard T. Harrison, Claire M. Leitch)....Pages 673-713 The Socio-psychological Challenges of Succession in Family Firms: The Implications of Collective Psychological Ownership (Noora Heino, Pasi Tuominen, Terhi Tuominen, Iiro Jussila)....Pages 715-746 Family Firm Types Based on the Level of Professionalism of the Top Management Team (Giorgia M. D’Allura, Mariasole Bannò)....Pages 747-769 Front Matter ....Pages 771-771 Environmental Jolts, Family-Centered Non-economic Goals, and Innovation: A Framework of Family Firm Resilience (Giovanna Campopiano, Alfredo De Massis, Josip Kotlar)....Pages 773-789 How Do Owning Families Ensure the Creation of Value Across Generations? A “Dual Balance” Approach (Horacio Arredondo, Cristina Cruz)....Pages 791-819 Family Firm Density and Likelihood of Failure: An Ecological Perspective (Marta Caccamo, Daniel Pittino, Francesco Chirico)....Pages 821-846 Understanding Family Firms’ Entry Mode Choices When Going to China and India: An International Opportunity Identification-Based Approach (Ann Sophie K. Löhde, Andrea Calabrò)....Pages 847-872 Conceptualizing and Investigating Entrepreneurial Action in Family Firms: A Few Promising Directions (Sanjay Goel, Raymond J. Jones III, Ranjan Karri)....Pages 873-907 Exploring the Role of Family Firm Identity and Market Focus on the Heterogeneity of Family Business Branding Strategies (Isabel C. Botero, Dinah Spitzley, Maximilian Lude, Reinhard Prügl)....Pages 909-932 Could Nosy Family Members Be a Competitive Advantage? Familiness and Performance in Mexican Family Firms (Edgar Rogelio Ramírez-Solís, Verónica Ilián Baños-Monroy, Lucía Rodríguez-Aceves)....Pages 933-960 Competitive Advantage in Long-Lived Family Firms: Implications of Market Characteristics and Strategically Relevant Knowledge (Britta Boyd, Susanne Royer, Toshio Goto)....Pages 961-1000 Back Matter ....Pages 1001-1023