We are family!? Disentangling the owner family in family business

Schell, Sabrina; Groote, Julia Katharina de; Hack, Andreas; Kammerlander, Nadine

doi:10.5465/ambpp.2018.174

Cited by 6 publications

(5 citation statements)

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“…In addition to family economic education, Schell et al (2018) notes that a family is a social group, this is characterized by communal living, economic and reproductive cooperation. From several aspects of family education for children, the economic understanding has a robust influence in the process of maturing children towards an independent and prosperous life (Theodora, 2016).…”

Section: Family Economic Educationmentioning

confidence: 99%

Family economic education, peer groups and students’ entrepreneurial intention: the mediating role of economic literacy

Suratno

Narmaditya

Wibowo

2021

Heliyon

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Stimulating potential entrepreneurs is a global challenge and policymakers need to understand factors affecting students' entrepreneurial intention. The growing body of literature has focused on the impact of entrepreneurship education and entrepreneurial intention, while this study aims to explore other predicted factors affecting students' entrepreneurial intention, such as family economic education, peer groups, and economic literacy. This study adopted a quantitative method using a survey approach to obtain comprehensive findings. The research involved online questionnaires to approximately 1000 students undergoing convenience sampling in a university in Indonesia as participants. The results indicated that both family economic education and peer groups positively correlate with economic literacy and students' entrepreneurial intention. These results confirmed a crucial role of economic literacy that government and educational institutions can consider to stimulate students' entrepreneurial intention. This study also contributes to the educational sector and governments to facilitate the creation of student-working groups in entrepreneurship as an attempt to encourage students' engagement.

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Section: Family Economic Educationmentioning

confidence: 99%

Family economic education, peer groups and students’ entrepreneurial intention: the mediating role of economic literacy

Suratno

Narmaditya

Wibowo

2021

Heliyon

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“…Family businesses, one of the most prominent forms of organizing worldwide (Chrisman et al, 2003; Chua et al, 1999; Pieper et al, 2021; Schell, 2018), and their underexplored implications are not only perplexing but concerning for external affairs research. Collectively, extant research may be overlooking the implications of effective corporate engagement with numerous stakeholders (e.g., employees, creditors, suppliers, consumers, citizens, and communities) over time, and across geographies.…”

Section: Family Businesses and External Affairs: Embracing Heterogeneitymentioning

confidence: 99%

External affairs and trusted family businesses: A research agenda

Griffin

Youm

2023

Journal of Public Affairs

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In the past two decades, the Journal of Public Affairs has solidified corporate public affairs as a legitimate leadership skillset vital to driving future business growth. Yet, more work at a persistently overlooked gap in the Journal, the intersection of public affairs and family businesses, might shed new light on thriving, trusted, and sustainable business practices. This paper examines the unique contributions of family businesses as trusted influencers. As one of the most prominent forms of business, worldwide, family businesses persistently enjoy unusually high levels of public trust while collectively employing millions of wage earners yet their contributions to corporate external affairs research ostensibly have been largely overlooked. These “silent” community and social influencers offer a potentially new perspective on effective public outreach given their persistent and unique trust advantage. Family business' trust‐based capabilities can potentially bring new insights to understanding effective stakeholder engagement, credible communications, and issues management—the sweet spot of corporate public affairs functions. Future research opportunities based on relational‐ and locational‐ advantages of trusted family businesses are identified.

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“…Though the family "is the most important and enduring of all human social groupings" (Smith et al, 2009) and plays a crucial role in the family business, there is still to date no consensus on a single definition of "family" in family business research (Schell et al, 2018). Belenzon et al (2016) and Agbim (2018b) conjectures the term "family" to include a group of people related to each other by blood or marriage whilst Agbim (2018a) posits a family to come under three extensions including being a nuclear family when it is comprised of a husband, wife, and children or a polygamous family when considering husband, wives and children.…”

Section: Towards An Understanding Of Family Businessesmentioning

confidence: 99%

“…Whilst the term "family" is "central and most enduring to all human social groupings" (Smith et al, 2009), it remains the most fragmented in the research literature on seeking to discover a widely accepted explanation to family (Schell et al, 2018), family-owned business (Payne, 2018;Perret, 2016;Debarliev and Janeska-Iliev, 2015;Mandl, 2008;Allouche et al, 2008) and by extension to the family-owned construction firm. This is particularly critical for family-owned construction firms as it is the constituency of this study and to that extent an attempt to classify it.…”

Section: Introductionmentioning

confidence: 99%

Towards a Classification of Family-Owned Construction Firms in Ghana

Anzagira

Owusu‐Manu

Badu

2021

EJMMS

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The Ghanaian construction industry predominated by family-owned construction firms has established its dominant impact on economic development, albeit unstructured. This literature review is to dissect extant literature bringing out the uniqueness of the sector and attempt a classification for family-owned construction firms in Ghana. Anchored in a value-free axiological tradition in which the classification criteria of family-owned construction firms can be obtained by objective means set out in the framework, this study was undertaken by an extensive literature review from journals databases, textbooks, and relevant reports and citations. The review began with searches using “AND” and “OR” operators to search abstracts, titles, and a keyword with no restriction placed on the article's date of publication. Content analysis was done of the articles and with lots of information on family-owned businesses, very few on family-owned construction firms. Existing frameworks on the classification of family-owned businesses formed the basis of this framework. The key findings indicate that small and medium-sized family firms predominate the construction industry. The physiognomies of family-owned construction firms also contribute to their proliferation and overarching importance within the sector. The novelty of this study is that it merges information from the general business and construction industry and carves criteria for which family-owned construction firms can be identified and classified. For academia, the paper contributes to the stream of knowledge on what constitutes family-owned construction firms whilst exposing the lack of research in this constituency. It also serves as the foundation upon which future research can be conducted in the field of family-owned construction firms. For practitioners and policymakers, the paper offers insights into how to identify family-owned construction firms to be able to distinguish them for targeted support to grow the economy. Future research should be targeted at examining the growth and sustainability of family-owned construction firms. Article visualizations:<img src="/-counters-/edu_01/0885/a.php" alt="Hit counter" />

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We are family!? Disentangling the owner family in family business

Cited by 6 publications

References 0 publications

Family economic education, peer groups and students’ entrepreneurial intention: the mediating role of economic literacy

Family economic education, peer groups and students’ entrepreneurial intention: the mediating role of economic literacy

External affairs and trusted family businesses: A research agenda

Towards a Classification of Family-Owned Construction Firms in Ghana

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