The Shape of Things to Come — Emotional Ownership and the Next Generation in the Family Firm

Nicholson, Nigel; Björnberg, Åsa

doi:10.1057/9780230594227_3

Cited by 19 publications

(7 citation statements)

References 22 publications

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“…The differences in perception may be explained by the concept of emotional ownership. Emotional ownership has been described as the strong cognitive and emotional attachment that next generation members often have for their family-owned business (Nicholson and Bjornberg, 2008). When a member of the next generation has a strong feeling of emotional ownership towards the family business, he or she often feels a desire to maintain and protect the family business, and this may result in a more positive image of family firms.…”

Section: Discussionmentioning

confidence: 99%

“…Likewise, research on family business has depicted a series of key characteristics of this type of organization, which may led us to expect that family-owned firms differ from non-family firms in their diversification preferences (Denison, Leif, and Ward, 2004;Kets de Vries, 1993). The most well known features are the willingness to maintain family cohesion, which derives from the reciprocal involvement of family members within a common project, as well as the commitment and emotional attachment to the business (e.g., Gómez-Mejía, Makri and Larraza, 2008;Nicholson and Bjornberg, 2008;Thomsen and Pedersen, 2000) and the risk-bearing, stemming from a concentration of the family wealth in a single business (Anderson and Reeb, 2003;Mishra and McConaughy, 1999;James, 1999).…”

Section: Diversification Decisions In Family-owned Firmsmentioning

confidence: 99%

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Attracting Talent to Family-Owned Businesses: The Perceptions of MBA Students

Ceja

Tàpies

2009

SSRN Journal

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This paper examines the perceptions that MBA students hold regarding family-owned businesses compared to non-family firms. The study is based on the assumption that attracting talent is critical not only for continuous competitive advantage, but also for the survival of family-owned businesses. Therefore, family-owned firms should promote themselves as equally attractive as non-family organizations, in terms of employment opportunities. MBA graduates represent a rich pool of talent that can help family-owned firms to prosper across generations. One avenue of inquiry in this regard is to study MBA students and their perceptions. Consequently, studying whether MBA students hold a specific image regarding family-owned businesses is brought to the forefront. With this aim, the authors engaged in an enquiry process, dealing with MBA students' perceptions of the strengths and weaknesses of family-owned firms, compared to non-family businesses. The sample was composed of 213 MBA students from 20 different countries. The results showed that MBA students do indeed hold a particular image regarding family-owned firms. More specifically, some of the findings are that MBA students perceive family-owned firms as having more problems within the ownership than non-family businesses, are not as good as non-family firms in attracting talented managers, have less job rotation, are slower in their internationalization processes, are slower in the implementation of new technologies, have more difficulty in issuing equity and the age of retirement is often higher than in non-family firms. Limitations of the study and future research are also discussed.

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Section: Discussionmentioning

confidence: 99%

Section: Diversification Decisions In Family-owned Firmsmentioning

confidence: 99%

Attracting Talent to Family-Owned Businesses: The Perceptions of MBA Students

Ceja

Tàpies

2009

SSRN Journal

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“…According to Björnberg and Nicholson (2012), emotional ownership is a set of qualities that give a sense of ownership, comprising sentiments, sense of belonging and attachment beyond economic significance. Emotional ownership is a cognitive and affective state of association (Nicholson & Björnberg, 2008) that a media professional possesses in connection with the attachment to and identity with their work.…”

Section: Media Professionals Their Work and Emotional Ownershipmentioning

confidence: 99%

‘I am perfectly imperfect because I am a media professional’: Asserting the Association Between Media Consumption Attitude, Emotional Ownership and Personal Well-being

Kumar

Jena

2020

Asia Pacific Media Educator

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A profession that leads to well-being is rewarding and fulfilling, as it is a vital factor in ascertaining the happiness and purpose of one’s life. Information and communications technology has become an integral part of everyone’s life in contemporary times. Media professionals are engaged in using various types of digital and online media for their work-related needs. At many times, due to extensive work requirements, they carry their professional commitments outside the office hours. Due to their obsessive media consumption attitude, they lose out on spending time with their families and themselves. The purpose of this study was to examine the role of such media consumption attitude in relation to personal well-being. For this, 429 working professionals from different domains of media across the Indian subcontinent participated in our survey. The results revealed that media usage has a significant role in influencing personal well-being. At the same time, emotional ownership stood to be a mediator in the relationship between media consumption attitude and personal well-being. The findings pave the way to understand the professional and personal challenges faced by media professionals, while suggesting a possible roadmap for achieving a happy and purposeful life.

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“…Aile İşletmelerinin sürdürülebilirliğinin sağlanması için işletmeyi gelecekte devam ettirmesi düşünülen sonraki nesillerde duygusal bağlılığın oluşturulması gerekir 32 . Duygusal bağlılık ya da diğer bir ifade ile duygusal sahiplik sonraki nesil aile üyelerinin işletme ile olan bağlılıklarında bilgi ve duygu ilişkilerini açıklayan bir durumdur 33…”

Section: B Aile İşletmelerinin Sürdürülebilirliğiunclassified

Türki̇ye'de Kurulan İlk Özel Maden Şi̇rketleri̇: Özdemi̇r Anti̇muan Madenleri̇ Li̇mi̇ted Şi̇rketi̇ Örneği̇ Ve Ai̇le İşletmeleri̇nde Sürdürülebi̇li̇rli̇k

Allahverdi¹

2013

Joh

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Bu çalışmada, Osmanlı İmparatorluğu'nun son dönemlerinde maden işletmelerinin genel durumu; İmparatorluk yıkıldıktan sonra kurulan Türkiye Cumhuriyeti Devleti'nin 1920'lerden itibaren takip ettiği maden politikaları ve bu çerçevede madenlerin millileştirilmesi; bazı maden işletmelerinin özelleştirilmesi ve bu bağlamda devletten imtiyaz hakkı alınarak kurulan Özdemir Antimuan Limited Şirketi ele alınmıştır. Çalışmada ayrıca aile işletmelerinin sürdürülebilirliğinde etkili olan "duygusal sahiplik" konusu açıklanmıştır. TBMM açıldığı andan itibaren, siyasi ve ekonomik meselelere el koymuş ve kanunlar çıkarmaya başlamıştır. 1921 yılından itibaren madencilikle ilgili olarak da "milli ekonomi" çalışmaları başlamıştır. Örneğin Zonguldak'taki kömür madenlerinin devlet tarafından işletilmeye başlanması, Etibank ile Sanayi ve Maadin Bankası'nın kurulması sektörün ayakta kalabilmesi için yapılan girişimlerdendir. Ancak devlet kömür, petrol, demir, altın, gümüş, bakır vb. daha öncelikli madenlerin dışında kalan antimuan madeninin işletmesini özel sektöre bırakmıştır. 1932'de Zonguldak mebusu Ragıp Bey'e hisse verilmesiyle Özdemir Antimuan Şirketi'nin temelleri atılmış, işletme bir ara devletleştirilmişse de 1951 yılında Özdemir Antimuan Madenleri Limited Şirketi'ne dönüşmüştür. Ragıp Özdemiroğlu'ndan sonra şirket yönetimi oğlu İlhan Özdemiroğlu'na, sonrasında da üçüncü nesil aile üyeleri Osman Özdemiroğlu ve Ayşe (Özdemiroğlu) Baltalı'ya geçmiştir. 1981 yılına kadar faaliyetlerine devam eden işletmenin sürdürülebilirliği aile içi anlaşmazlıklar ve çatışmalar nedeni ile son bulmuştur. Özdemir Antimuan Madenleri o dönemde hem Türkiye'nin en büyük

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The Shape of Things to Come — Emotional Ownership and the Next Generation in the Family Firm

Cited by 19 publications

References 22 publications

Attracting Talent to Family-Owned Businesses: The Perceptions of MBA Students

Attracting Talent to Family-Owned Businesses: The Perceptions of MBA Students

‘I am perfectly imperfect because I am a media professional’: Asserting the Association Between Media Consumption Attitude, Emotional Ownership and Personal Well-being

Türki̇ye'de Kurulan İlk Özel Maden Şi̇rketleri̇: Özdemi̇r Anti̇muan Madenleri̇ Li̇mi̇ted Şi̇rketi̇ Örneği̇ Ve Ai̇le İşletmeleri̇nde Sürdürülebi̇li̇rli̇k

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