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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Family Capitalism (Hardcover)
Loot Price: R4,442
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Family Capitalism (Hardcover)
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This internationally comparative volume contains the results of
important new research on family-owned businesses over three
centuries and on three continents. Family firms have often been
regarded as forces for conservatism and backwardness. Recent
research has questioned this interpretation, pointing rather to the
advantages of family ownership in certain contexts. The essays in
this collection provide considerable support to this revisionist
literature. They include studies of family firms in
eighteenth-century India, of Quaker firms during the British
industrial revolution, and of small firms in Victorian Edinburgh.
Leading American historian of family firms, Philip Scranton,
provides an important new study of family firms in Philadelphia in
the nineteenth and twentieth centuries. There are essays by
prominent Dutch and French business historians which survey the
structure and performance of family firms in twentieth-century
France and the Netherlands. Much of their information has never
been published previously in English. Finally, Roy Church
contributes a wide-ranging comparative study of the family firm in
the United States, Britain, Germany and Japan over the last
century. The overall conclusion of this book is that the behaviour
and performance of family firms is explained by their environment
rather than by their ownership structures. Family firms can provide
the most effective corporate form in one culture, region, industry
and time period - and they can be a competitive liability in other
contexts. On the way to reaching this conclusion, the contributors
to this volume paint a rich and colourful portrait of the diversity
and complexity of the family firm experience over thelast three
hundred years.
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