publication . Article . Other literature type . 2016

Understanding the transgenerational orientation of family businesses: the role of family governance and business family identity

Name: Understanding the transgenerational orientation of family businesses: the role of family governance and business family identity
Creator: Julia Suess-Reyes
Keywords: JEL L2, L21, L29, M14, Family business / Business family / Family governance / Transgenerational orientation / Business family identity / New systems theory, Medicine(all), General Medicine

Julia Suess-Reyes;

Open Access English

Published: 13 Sep 2016

Publisher: Springer Verlag

Country: Austria

Summary

Abstract

The development of a transgenerational orientation is one of the most significant challenges that family businesses face and only a small number actually survive across generations. While prior research has focused on the business unit to provide us with a solid understanding of how corporate governance affects business performance and continuity, the role of the business family in the development of a transgenerational orientation has received less attention. To address this gap, this article applies a new systems and social identity theory framework to examine how family governance and business family identity can contribute to strengthening the transgeneratio...

doi: 10.1007/s11573-016-0835-3

Subjects

free text keywords: JEL L2, L21, L29, M14, Family business / Business family / Family governance / Transgenerational orientation / Business family identity / New systems theory, Medicine(all), General Medicine, Business, Strategic business unit, Human resource management, Premise, Business relationship management, Philosophy of business, Transgenerational epigenetics, Social identity theory, Corporate governance, Public relations, business.industry

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