Elgar Encyclopedia Of Family Business

The intertwining of family relationships with business imperatives provides a fascinating but complex arena for study. This Encyclopedia is a valuable resource because family business studies are necessarily multi-disciplinary and wide-ranging, drawing on entrepreneurship, management, governance, economics, ethics, business history, as well as family studies.

Until the early 1980s, serious academic research on family businesses was sparse, to say the least. The scholarship that did exist was primarily based on anecdotal evidence, and mostly biased toward the negative effects of family involvement, particularly in terms of nepotism and family feuds undermining a firm’s performance and familial relationships. Considered at best an example for how notto manage a business, family business was deemed not worthy of scientific attention. This has changed dramatically over the past three decades and this new Routledge Major Works collection provides users with background knowledge about the foundations of family-business theory and research, as well as a sense of its theoretical and empirical variety. Edited and with a new introduction by a team of leading scholars, the four volumes assemble the very best and most influential works in family business to provide an authoritative research resource.

This innovative textbook covers the most important managerial challenges facing family businesses. It is research-based and includes theory and practice along with concepts, cases and reflection questions to illustrate the key topics.

The editors should be commended for developing a Map of the Landscape of Family Business Outcomes. It gives future research direction to the discipline considering both short-term profitability and long-term sustainability. It considers conventional concepts of structure, roles, and rules as well as family/firm processes, the uniqueness of family businesses and the essence of their resilience capacity. There are thought-provoking nuggets for new and seasoned researchers, counselors and advisors, business and executive educators, as well as family business owners.' - Sharon M. Danes, University of Minnesota, US The Landscape of Family Business expands upon groundbreaking research to offer owners, consultants, and academics a new holistic way to view family business. What are the important outcomes in family business? What are the relationships among those outcomes? And, what does an overall pattern of outcome relationships reveal about family business? Based on 12 years of family business research, this book presents answers to these questions in the form of a Map of the Landscape of Family Business. In addition, leading scholars provide reviews and make recommendations to researchers and practitioners about each of the seven clusters revealed in the map - Governance, Performance, Social and Economic Impact, Strategy, Family Dynamics, Family Business Roles, and Succession. Clear and concise, with a focus on relationships in family business, this insightful book is both an enjoyable and informative read and will prove to be an asset to every bookshelf. Scholars, academics and family business owners and managers are sure to find The Landscape of Family Business an invaluable resource. Contributors M. Baù, K.H. Brigham, M.S. Daugherty, G.G. Dess, K. Hellerstedt, F. Hoy, F.W. Kellermanns, G.T. Lumpkin, M. Nordqvist, K. Rosplock, P. Sharma, R.L. Sorenson, L.J. Stanley, K. Wennberg, A. Yu

Family business has become an increasingly studied field over the last decade and forms one of the fastest growing research areas today. The uniqueness of family business is the interaction between two systems: the family and the firm, leading to speci

Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a systemic breakdown. Presenting a synopsis of lessons learnt from financial crises arising out of the 19th, 20th and 21st centuries, each entry examines a unique past issue to help to develop future outcomes, operating as a touchstone for further research.

This comprehensive Encyclopedia captures the intricacies of corporate communication, offering 87 clear, succinct definitions of important concepts within marketing, business, organizational communication and public relations followed by critical, literary analyses of significant research ventures.