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The 500 Largest Family Firms in the World
Family Enterprise / Research in the Field

The 500 Largest Family Firms in the World

This week’s issue is an article on several key, and often surprising results, from the “Global Family Business Index,” compiled by the University of St. Gallen and EY Global Center for Family Business Excellence. Thanks to St. Gallen family business chair, Thomas Zellweger, for highlighting findings that are of particular interest to family enterprise advisors … Continue reading

Research Applied: <i>FBR</i> Précis for the Practitioner
Advising / Consulting / Family Business / Family Enterprise / Leadership

Research Applied: FBR Précis for the Practitioner

Continuing our quarterly series of “Research Applied,” The Practitioner features précis applicable to practitioners from four articles in the June issue of the Family Business Review. The Effect of Organizational Characteristics on the Appointment of Non-Family Managers in Private Family Firms: The moderating role of socioemotional wealth with the précis by John Ward (Authors: Pieter … Continue reading

Sustaining the Family Business with Minimal Financial Rewards: How do family farms continue?
Advising / Consulting / Core Disciplines / Family Business / Family Enterprise / Leadership

Sustaining the Family Business with Minimal Financial Rewards: How do family farms continue?

(Authors: Jane L. Glover and Trish Reay) Research Applied précis prepared by Barbara Dartt, Family Business Consulting Group Despite tending to generate less than average returns on investment, almost a third of family farm businesses in the UK have operated in the same area for more than 100 years. To investigate this paradox, the authors … Continue reading

Family Social Capital, Trust within the TMT, and the Establishment of Corporate Goals Related to Nonfamily Stakeholders
Advising / Consulting / Core Disciplines / Family Business / Family Enterprise / Leadership

Family Social Capital, Trust within the TMT, and the Establishment of Corporate Goals Related to Nonfamily Stakeholders

(Authors: M. Katiuska Cabrera-Suárez, M. Cruz Déniz-Déniz, and Josefa D. Martín-Santana) Research Applied précis prepared by Andrew Hier, Cambridge Advisors to Family Enterprise The authors conducted a study to analyze how structural and cognitive family social capital influences the establishment of corporate goals related to nonfamily stakeholders (EGNFS) in family firms. The article examines how family … Continue reading

Implications of Family Business Employment for Employees’ Innovative Work Involvement
Advising / Consulting / Core Disciplines / Family Business / Family Enterprise / Leadership

Implications of Family Business Employment for Employees’ Innovative Work Involvement

(Authors: Yannick Bammens, Guy Notelaers, and Anita Van Gils) Research Applied précis prepared by Kim Schneider-Malek, Family Enterprise Continuity Alliance  In this paper, the authors shed light on the likelihood that being employed in a family business is conducive to employees’ innovative work involvement. Additionally, it states that family business employers benefit because employees are valuable … Continue reading

The Effect of Organizational Characteristics on the Appointment of Non-Family Managers in Private Family Firms: The moderating role of socioemotional wealth
Advising / Consulting / Core Disciplines / Family Business / Family Enterprise / Leadership

The Effect of Organizational Characteristics on the Appointment of Non-Family Managers in Private Family Firms: The moderating role of socioemotional wealth

(Authors: Pieter Vandekerkof, Tensie Steijvers, Walter Hendriks and Wim Voordeckers) Research Applied précis prepared by John L. Ward, Kellogg School of Management, Northwestern University When and why do family firms hire, or not hire, non-family executives? Those of us who are practitioners all face this question. We are often frustrated that those we want so much … Continue reading

Key Diagnostic Parameters for Family Enterprise Functionality
Advising / Consulting / Family Business / Family Enterprise

Key Diagnostic Parameters for Family Enterprise Functionality

Another contribution from the FFI Fellows, this article by Andrew Hier identifies concrete variables that most impact the functionality of a family enterprise or any sub-part to a family enterprise. It can be used as a diagnostic map for practitioners who want to determine the strengths and challenges of a family enterprise system and where … Continue reading