en pl
en pl

Central European Management Journal

Zobacz wydanie
Rok 2019 
Tom 27 
Numer 3

Refreshing Typologies Based on Family Firms’ Goals: The Perspective of “First-Generation Enterprises”

Jerzy Węcławski

Beata Żukowska

2019 27 (3) Central European Management Journal

DOI 10.7206/cemj.2658-0845.6

Zawartość artykułu

Abstrakt

Purpose: The study aims to build a typology of family businesses with relatively short experience in the free-market economy. The typology is based on the goal preferences of the family businesses.

Methodology: The research is based on empirical data from Polish medium-sized and large enterprises, collected in 2014. Using cluster analysis and variance analysis, we identified four types of family enterprises based on their goal perceptions and tested the differences among them.

Results: The article distinguishes and characterizes four types of family enterprises: “business first, family second,” “only business,” “immature,” and “family first, business second.”

Originality/value: The proposed typology is similar to that presented in the subject literature. Nevertheless, our contribution resides in the discovery that even if family and business goals are integrated in the enterprise, one of the systems will be dominant. Moreover, enterprises that only prioritize family goals were absent in the explored data set.

Powiązania

  1. Achleitner, A.-K., Bock, C., Braun, R., Schraml, S. and Welter, J. (2010). Zielstrukturen in Familienunternehmen: Empirische Hinweise auf die Beziehung zwischen Unternehmens – und Familienzielen. Zeitschrieft fűr KMU und. Entrepreneurship, 3, 227–258, https://doi.org/10.3790/zfke.58.3.227. [Google Scholar]
  2. Anderson, R.C., Mansi S.A. and Reeb D.M. (2003). Founding family ownership and the agency cost of debt. Journal of Financial Economics, 68, 263–285, https://doi.org/10.1016/S0304-405X(03)00067-9. [Google Scholar]
  3. Anderson, R.C., Reeb D. (2003). Founding-family ownership and firm performance: Evidence from the S&P 500. The Journal of Finance, 58(3), 1301–1327, https://doi.org/10.1111/1540-6261.00567. [Google Scholar]
  4. Aronoff, C.E. and Ward J.L. (2011). Family business values: How to assure a legacy of continuity and success. New York, https://doi.org/10.1057/9780230116047. [Google Scholar]
  5. Athanassiou N., Crittenden, W.F., Kelly, L.M. and Marquez, P. (2002). Founder Centrality Effects on The Mexican Family Firm's Top Management Group: Firm Culture, Strategic Vision and Goals and Firm Performance. Journal of World Business, 37(2), 139–151, https://doi.org/10.1016/S1090-9516(02)00073-1. [Google Scholar]
  6. Basco, R., Perez Rodriguez and M.J. (2009). Studying the family enterprise Holistically. Evidence for integrated family and business systems. Family Business Review, 82(22), 82–95, https://doi.org/10.1177/0894486508327824. [Google Scholar]
  7. Bednarz, J., Bieliński, T., Nikodemska-Wołowik, A. and Otukoya, A. (2017). Sources of the Competitive Advantage of Family Enterprises: An International Approach Focusing on China, Nigeria and Poland. Entrepreneurial Business and Economics Review, 5(2), 123–142, https://doi.org/10.15678/EBER.2017.050207 [Google Scholar]
  8. Bertrand, M. and Schoar A. (2006). The role of family in family firms. The Journal of Economic Perspectives, 20(2), 73–96, https://doi.org/10.1257/jep.20.2.73 [Google Scholar]
  9. Budziak, T. (2012). Sukcesja w rodzinie biznesowej. Spojrzenie praktyczne. Warszawa: Poltext. [Google Scholar]
  10. Carlock, R. and Ward, J. (2001). Strategic planning for the family business: Parallel planning to unify the family and business. Springer. https://doi.org/10.1057/9780230508750. [Google Scholar]
  11. Chrisman, J.J., Chua, J.H. and Litz, R. (2003). A unified systems perspective of family firm performance: An extension and integration. Journal of Business Venturing, 18(4), 467–472, https://doi.org/10.1016/S0883-9026(03)00055-7. [Google Scholar]
  12. Chua, J.H., Chrisman, J.J. and Sharma, P. (2003). Succession and non-succession concerns of family firms and agency relationships with nonfamily managers. Family Business Review, 16(2), 89–107, https://doi.org/10.1111/j.1741-6248.2003.00089.x. [Google Scholar]
  13. Donnelley, R.G. (1964). The family business. Harvard Business Review, 42(4), 93–105. [Google Scholar]
  14. Gersick, K.E., Davis, J.A., Hampton, M.M. and Lansberg, I. (1997). Generation to Generation – Live Cycles of the Family Business. Boston. [Google Scholar]
  15. Gimeno, A., Baulenas, G. and Coma-Cros, J. (2010). Family business models. In: Family business models. Palgrave Macmillan, London, https://doi.org/10.1057/9780230282148 [Google Scholar]
  16. Gómez-Mejía, L.R., Haynes, K.T., Núñez-Nickel, M., Jacobson, K.J., and Moyano-Fuentes, J. (2007). Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills. Administrative Science Quarterly, 52(1), 106–137, https://doi.org/10.2189/asqu.52.1.106. [Google Scholar]
  17. Habbershon, T.G. and Astrachan, J. A. (1997). Research note perceptions are reality: How family meetings lead to collective action. Family Business Review, 10(1), 37–52. https://doi.org/10.1111/j.1741-6248.1997.00037.x. [Google Scholar]
  18. Hepperle, T. (2011). Stiftungen als Instrumente zur Lősung von Schnittstellenkonflikten in Familienunternehmen. Lohmar-Kőln. [Google Scholar]
  19. Hiebl, M.R.W. (2012). Die Rolle des Chief Financial Officer in groβen Familienunternehmen, Berlin. [Google Scholar]
  20. Jaskiewicz, P. and Klein, S.B. (2007). The impact of goal alignment on board composition and board size in family businesses. Journal of Business Research, 60(10), 1080–1089, https://doi.org/10.1016/j.jbusres.2006.12.015. [Google Scholar]
  21. Jeżak, J., Popczyk, W. and Winnicka-Popczyk, A. (2004). Przedsiębiorstwo rodzinne. Funkcjonowanie i rozwój. Warszawa: Difin. [Google Scholar]
  22. Kailer, N. and Weiß, G. (2005). Unternehmensnachfolge in kleinen und mittleren Familienunternehmen in Oberősterreich. In: R. Schauer, N. Kailer, B. Feldbauer-Dürstmüller (eds.), Mittelständische Unternehmen. Probleme der Unternehmensnachfolge. Linz. [Google Scholar]
  23. Kalss S. and Probst S. (2013). Familienunternehmen. Gesellschafts-und zivirechtliche Fragen, Manzsche Verlags-und Universitätsbuchhandlung. Wien. [Google Scholar]
  24. Klein, S.B. (2010). Familienunternehmen. Theoretische und empirische Grundlagen. Lohmar-Köln. [Google Scholar]
  25. Klein, S.B. and Bell, F.-A. (2007). Non-family executives in family business. A literature review. Electronic Journal of Family Business Studies, 1, 19–37. [Google Scholar]
  26. Koładkiewicz I. (2014). The Family Meeting as a Mechanism of Family Governance: Review of the Experiences of Polish Family Companies. Management and Business Administration. Central Europe, 22(3), 37–55, https://doi.org/10.7206/mba.ce.2084-3356.106. [Google Scholar]
  27. Koładkiewicz, I. (2015). System nadzoru w firmie rodzinnej. Doświadczenia polskie i światowe. Warszawa: Poltext. [Google Scholar]
  28. Lewandowska, A. and Lipiec, J. (2015). Konstytucje firm rodzinnych. W kierunku długowieczności. Warszawa: Oficyna Wolters Kluwer business. [Google Scholar]
  29. Mandl, I. (2008). Overview of family business relevant issues, final report, Vienna. [Google Scholar]
  30. Marjański, A. and Sułkowski, Ł. (2019) The Evolution of Family Entrepreneurship in Poland: Main Findings Based on Surveys and Interviews from 2009–2018. Entrepreneurial Business and Economics Review, 7(1), 95–116, https://doi.org/10.15678/EBER.2019.070106. [Google Scholar]
  31. Märk S., Kraus, S. and Peters, M. (2010). Der Einfluss der Familie auf den Unternehmer: Eine qualitativ-empirische Untersuchung von Familienunternehmen auf Basis der Stewardship-Theorie. Zeitschrift für KMU und Entrepreneurship, 58(1), 31–59, https://doi.org/10.3790/zfke.58.1.31. [Google Scholar]
  32. McCann, J.E., Leon‐Guerrero, A.Y. and Haley, J.D.Jr. (2001). Strategic goals and practices of innovative family businesses. Journal of Small Business Management, 39(1), 50–59, https://doi.org/10.1111/0447-2778.00005. [Google Scholar]
  33. Molly, V. and Laveren, E. (2007). The Identification of a Family Firm Typology and the Impact on Perceived Performance. Paper presented at 3th Annual Interdisciplinary Entrepreneurship Conference, 2007 at Aachen, Germany. [Google Scholar]
  34. Olson, P.D. Zuiker, V.S., Danes, S.M., Stafford, K., Heck, R.K. and Duncan, K.A (2003). The impact of the family and the business on family business sustainability. Journal of Business Venturing, 18(5), 639–666, https://doi.org/10.1016/S0883-9026(03)00014-4 [Google Scholar]
  35. Orzechowski, K. (2011). Strategie rozwoju przedsiębiorstw rodzinnych w perspektywie sukcesji. Przedsiębiorczość i Zarządzanie, XII(7), 110–118. [Google Scholar]
  36. Poza, E. (2007). Family business (2nd ed.). Mason, OH: Thomson Southwestern. [Google Scholar]
  37. Safin, K. and Koładkiewicz, I. (2019). Zarządzanie firmą rodzinną. Kluczowe wyzwania. Warszawa: Poltext. [Google Scholar]
  38. Safin, K. and Sułkowski, Ł. (2005). Problematyka przedsiębiorstw rodzinnych. In: Determinanty rozwoju przedsiębiorstw rodzinnych w Polsce. Toruń: TNOiK. [Google Scholar]
  39. Simon, F.B. (2012). Einfűhrung in die Theorie des Familienunternehmens. Heidelberg: Carl-Auer Verlag. [Google Scholar]
  40. Simon, F.B. (ed.). (2011). Die Familie des Familienunternehmens. Ein System zwischen Gefűhl und Geschäft. Heidelberg: Carl-Auer Verlag. [Google Scholar]
  41. Sten, J. (2006). Transfers of family business to non-family buyers. The Selling Business Family Perspective. Helsingsfors. [Google Scholar]
  42. Surdej, A. and Wach, K. (2010). Przedsiębiorstwa rodzinne wobec wyzwań sukcesji. Warszawa: Difin. [Google Scholar]
  43. Tagiuri, R. and Davis, J.A., (1992). On the Goalsn of Successful Family Companies. Family Business Review, 5(1), 43 Heidelberg: C62. https://doi.org/10.1111/j.1741-6248.1992.00043.x [Google Scholar]
  44. Ustawa z dnia 5 lipca 2018 r. o zarządzie sukcesyjnym przedsiębiorstwem osoby fizycznej, Dz.U. 2018 poz. 1629. [Google Scholar]
  45. Ward, J.L. (1987). Keeping the family business healthy: How to plan for continuing growth, profitability and family leadership. San Francisco, CA: Jossey-Bass Publishers. [Google Scholar]
  46. Ward, J.L. and Aronoff, C.E. (1990). Just what is a family business? Nation's Business, 78(2). [Google Scholar]
  47. Westhead, P. (2003) Company performance and objectives reported by first and multi‐generation family companies: a research note. Journal of Small Business and Enterprise Development, 10(1), 93–105, https://doi.org/10.1108/14626000310461231. [Google Scholar]
  48. Westhead, P. and Cowling, M. (1995). Employment change in independent owner-managed high-technology firms in Great Britain. Small Business Economics, 7(2), 111–140, https://doi.org/10.1007/BF01108686 [Google Scholar]
  49. Westhead, P., Cowling, M. and Howorth, C. (2001). The development of family companies: Management and ownership imperatives. Family Business Review, 14(4), 369–385, https://doi.org/10.1111/j.1741-6248.2001.00369.x [Google Scholar]
  50. Westhead, P. and Howorth, C. (2006). Ownership and management issues associated with family firm performance and company objectives. Family Business Review, 19(4), 301–316, https://doi.org/10.1111/j.1741-6248.2006.00077.x [Google Scholar]
  51. Więcek-Janka, E. (2013). Wiodące wartości w zarządzaniu przedsiębiorstwami rodzinnymi. Poznań: Wydawnictwo Politechniki Poznańskiej. [Google Scholar]
  52. Wimmer, R., Domayer, E., Oswald, M. and Vater, G. (2005). Familienunternehmen Auslaufmodell oder Erfolgstyp? Wiesbaden. https://doi.org/10.1007/978-3-322-82895-8 [Google Scholar]
  53. Zajkowski, R. (2018). Transfery władzy, własności i wartości w przedsiębiorstwach rodzinnych. Efekt drugiego pokolenia. Warszawa: C.H. Beck. [Google Scholar]
  54. Zellweger T.M. and Astrachan J.H. (2008). On the Emotional Value of Owning a Firm. Family Business Review, 21(4), 347–363, https://doi.org/10.1177/08944865080210040106 [Google Scholar]
  55. Zellweger T., Halter F. and Frey U. (2006). Financial performance of privately held family firms. Center for Family Business. University of St. Gallen. [Google Scholar]

Kompletne metadane

Cytowanie zasobu

APA style

Węcławski, Jerzy & Żukowska, Beata (2019). Węcławski, J. , & Żukowska, B. . (2019). Refreshing Typologies Based on Family Firms’ Goals: The Perspective of “First-Generation Enterprises”. Central European Management Journal, 27(3), 128-146. https://doi.org/10.7206/cemj.2658-0845.6 (Original work published 2019)

MLA style

Węcławski, Jerzy and Żukowska, Beata. Węcławski, J. , i B. Żukowska. „Refreshing Typologies Based On Family Firms’ Goals: The Perspective Of “First-Generation Enterprises””. 2019. Central European Management Journal, t. 27, nr 3, 2019, ss. 128-146.

Chicago style

Węcławski, Jerzy and Żukowska, Beata. Węcławski, Jerzy , i Beata Żukowska. „Refreshing Typologies Based On Family Firms’ Goals: The Perspective Of “First-Generation Enterprises””. Central European Management Journal, Central European Management Journal, 27, nr 3 (2019): 128-146. doi:10.7206/cemj.2658-0845.6.

Prawa autorskie

copyright info

CC-BY-NC-ND

Podobne artykuły: