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Family Business Review

Precis of FBR articles.

As practitioners we encounter gender-related issues regularly as we help business families plan for the future ownership and leadership of their enterprises.

Thanks to Guido Corbetta, John Davis and Maya Prabhu for their précis of articles published in the September issue of FBR.

The core question of the article is clear: Is agency or stewardship governance more effective for aligning the interests of (family or nonfamily) managers with those of family owners?

FFI’s journal, Family Business Review (FBR), is a refereed journal published quarterly since 1988.

Following on the early release of the June 2017 issue of FBR, we are pleased to present the following three précis. Thanks to the original authors and the authors of the précis for this continuing feature in The Practitioner.

Corporate scandals and financial meltdowns have led to corporate governance reforms all around the world. In addition to the rules and laws that firms have to legally comply with, several self-regulatory codes or ‘soft-laws’ have been enacted in many countries.

We all know that many family business owners have different types of goals than do the executives of non-family enterprises, especially publicly-traded corporations. In spite of this awareness, researchers have predominantly attempted to measure family firm performance by financial measures.

Family business leaders have long been exhorted to professionalize their businesses. While what this entails has yet to be precisely determined, most would concede that professionalization entails the adoption of a range of human resource systems and practices.

Thanks to Ken McCracken for this précis on “Perceptions of Knowledge Sharing Among Small Firm Leaders: A Structural Equation Model,” which will be appearing in the June issue of FBR.

This week's issue of The Practitioner gives you four ways of looking at a piece of significant research: 1) the original article; 2) the précis by Frank Hoy; 3) a podcast interview with the authors and FBR assistant editor.

Thanks to FBR assistant editor Karen Vinton and the members of the Research Applied Board for their recommendations on “must read” articles from 2016.

The last in the 2016 practitioner précis of articles in the Family Business Review. Go here for: Judy Green’s précis of Not All Created Equal.

Research Applied précis prepared by Judy Green, Family Firm Institute The authors of “Not All Created Equal” present a thoughtful and well-researched paper on the topic of birth order and role identity.

(Authors: Antonio J. Revilla, Ana Perez-Luno, and Maria Jesus Nieto) Research Applied précis prepared by Kim Schneider Malek, Family Enterprise Alliance, LLC Family firms aim to survive, thrive, and outperform the competition.

(Author: Celina Smith) Research Applied précis prepared by Thomas V. Schwarz, Black Forest, LLC A jolt is a ‘sudden and unprecedented’ event that has the potential to greatly impact a firm’s future.

Thanks to the five authors listed below for their précis of the September FBR articles — and thanks again to Karen Vinton, assistant FBR editor, for coordinating these each quarter.

(Author: Pramodita Sharma) Research Applied précis prepared by Ivan Lansberg, Kellogg School of Management and Lansberg Gersick & Associates LLC.

(Authors: Oliver Meier and Guillaume Schier) Research Applied précis prepared by Ken McCracken, KPMG LLP.

(Authors: Alfredo De Massis, Philipp Sieger, Jess H. Chua, and Silvio Vismara) Research Applied précis prepared by Navneet Bhatnagar, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, Hyderabad, India.

(Authors: John James Cater III, Roland E. Kidwell, and Kerri M. Camp) Research Applied précis prepared by Barbara Dartt, The Family Business Consulting Group, Inc.