Continuing our series on Myths and Realities, HEC Montréal professor Danny Miller weighs in on “Family Firms and Entrepreneurship: A different point of view”.
Career Advancement in a Family-Owned French Construction Firm Under Changing Labor Legislations and Market Demand, 1946-1985
External factors influenced this firm’s labor costs and overall performance. First, in 1950, the French government established the guaranteed interprofessional wage.
In order to model this discussion using game theory, the authors assume that the founder has more power in the discussion than the successor, tied to a tendency not to share information about when succession planning should commence.
Research Applied summary prepared by Nava Michael-Tsbari, Technion—Israel Institute of Technology Offering a new perspective for research, this paper seeks to examine the possible usage of visual ethnography in family business research.
Intrafamily succession, which can be within a nuclear family or across branches and generations, is often a goal in the overall strategy for family firm continuity.