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Competitiveness, Organizational Management, and Governance in Family Firms (Hardcover)
Loot Price: R6,712
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Competitiveness, Organizational Management, and Governance in Family Firms (Hardcover)
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The "family effect" remains a challenge for researchers interested
in both the family firm's organizational form and in the effects of
familial ownership on a firm's strategy, structure, and
performance. Governance mechanisms, management quality, ownership
concentration, and family involvement all have relevant effects in
terms of influencing monitoring costs, investment decisions, the
development of the portfolio of resources and capabilities, and
family firm competitiveness. Nevertheless, few studies to date have
opened the black box of the "family effect." Competitiveness,
Organizational Management, and Governance in Family Firms is an
essential reference source that makes a clear distinction between
the separation of ownership and management, on the one hand, and
the institutional development of family governance instruments, on
the other, to help uncover the asymmetric effects of these two
choices. It also allows the examination as to which of the two
strategies employed in family firms reinforce managerial capital
that has a greater positive impact on the "family effect," thus
helping to achieve better managerial capabilities. Featuring
research on topics such as corporate governance, private business,
and successional leadership, this book is ideally designed for
managers, executives, CEOs, company owners, consultants, business
professionals, entrepreneurs, academicians, and researchers
interested in an in-depth understanding of the keys to success and
survival of family-operated organizations.
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