Knowledge, Renewal and Flexibility: Exploratory Research in Family Firms

Pérez-Pérez, Marta; López-Fernández, María Concepción; Obeso, María

doi:10.3390/admsci9040087

Cited by 21 publications

(39 citation statements)

References 99 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Family businesses, as a unique yet common form of organization, feature a distinctive characteristic -the intertwining family and business systems (Chrisman et al, 2005). Given the different expectations, understandings, and relationships in a family and a business environment (e.g., Hatak & Roessl, 2015;Pérez-Pérez et al, 2019), research in family business faces a unique and complex challenge in understanding knowledge management, especially between generations during successions (Cabréra-Suárez et al, 2001;Cabréra-Suárez et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

Knowledge management in family business succession: current trends and future directions

Campopiano

2021

JKM

View full text Add to dashboard Cite

Purpose This paper aims to review the literature on knowledge management in the family business, addressing the research question as follows: “How is knowledge managed across generations in the family business?” This study synthesizes the literature, highlighting the role of multiple stakeholders who affect knowledge management along with the phases of the succession process. Stemming from these findings and embracing a practice-based view, this paper offers research directions to guide future contributions on knowledge construction in the family business. The purpose of this study is not only to conclude the previous research but also to provide insights for future research directions and to provide practical implications. Design/methodology/approach Through a systematic integrative literature review, this paper collects map and analytically examine 63 published peer-reviewed articles related to knowledge management in the family business from 39 academic journals. This paper applies a rigorous approach to identify the sample of articles, map descriptive information of the reviewed literature and map theoretical contributions according to a multi-stakeholder and multi-stage framework. Findings The sampled articles are analyzed according to a multi-stakeholder and multi-stage framework inspired by Daspit et al. (2016). This study identifies critical gaps emerging from the analysis, thus opening the way to future research directions. In particular, this paper prompts scholars to advance the understanding of family-related knowledge and to clarify the assumptions on knowledge in their research. Research limitations/implications This paper contributes to the debate on knowledge management in the family business, by systematizing the current literature. In addition, this study embraces a “knowledge from practice perspective” and offers research directions to guide future contributions on knowledge construction in family business succession and potential areas to further management research investigating the role of family-related knowledge. Practical implications are also provided to benefit family businesses, consultants and policymakers. Originality/value This study provides a systematic integrative literature review of the articles published on knowledge management in family business according to a multi-stakeholder and multi-stage framework. Moreover, it draws an agenda for future research advancing a “knowledge from a practice perspective” in the family business literature.

show abstract

Section: Introductionmentioning

confidence: 99%

Knowledge management in family business succession: current trends and future directions

Campopiano

2021

JKM

View full text Add to dashboard Cite

show abstract

“…Similar to other firms, FFs operate in a constantly changing market. FFs have to focus primarily on the innovation and sustainability of resources and processes to adapt to the constantly changing environment [54,55]. 12.…”

mentioning

confidence: 99%

“…13. The level of family involvement and FFs' unique ability to acquire, retain, and share knowledge promotes strategic renewal and FFs' long-term survival [54,55]. 14.…”

mentioning

confidence: 99%

A Systematic Literature Review on Sustainability in Family Firms

Curado

Mota

2021

Sustainability

View full text Add to dashboard Cite

In this study, we explore the research published from 2015 to 2020 on the importance of family firms (FFs) to sustainability. Our results come from a content analysis of 28 studies on this topic. Further, they deal with small and medium enterprises (SMEs) in the construction industry in Italy and Spain. These studies mainly follow a quantitative approach with data from a survey. This study’s main contribution regards the identification of three sorts of aspects associated to sustainability in FFs which match the three pillars of the triple bottom line approach that supports sustainable business development: social inclusion, economic development, and environmental protection. Our findings show that the family’s religiosity, reputation, and image play relevant roles in the FFs’ adoption of sustainable practices. Moreover, the CEO and their successor’s choices also have consequences for sustainability. These studies demonstrate how the family’s control, its values, and the industry influence the adoption of corporate social responsibility (CSR) practices. FFs go green by adopting eco-innovation to adapt to the constantly changing environment and market pressures. We acknowledge the limitations of the study. We offer advice to colleagues when developing future futures studies to address the influence of cultural differences between FFs and non-FFs and suggest they perform comparative analyses. This research could lead to further investigation of the effects of other variables that may influence sustainability in the context of FFs.

show abstract

“…In this respect, investment in CSR allows the firm to accumulate reserves of goodwill that provide insurance against misadventure, bolster market confidence in the firm and enhance its image, all of which contribute to maintaining a continuing, stable flow of earnings, since even in adverse situations these factors will make stakeholders more likely to give the company the benefit of the doubt. This protection is especially attractive for family firms, whose owners often concentrate all their capital within the organisation (Górriz and Fumás 1996;Pérez-Pérez et al 2019;Urbaníková et al 2020). The adoption of CSR-oriented policies, thus, provides a means of ensuring the continuity of the family legacy and of strengthening and protecting the family's SEW.…”

Section: Female Directors and Csr In The Family Firm: The Moderating Effect Of The Organisational Environmentmentioning

confidence: 99%

The Influence of Female Directors and Institutional Pressures on Corporate Social Responsibility in Family Firms in Latin America

García‐Sánchez

Ariza

Granada-Abarzuza

2021

JRFM

View full text Add to dashboard Cite

This paper has two main aims. Firstly, we examine whether, given a critical mass of female board members, their presence has a different effect on the firm’s CSR practices according to its family or non-family nature. We then consider whether the moderating role of the institutional environment in Latin America enhances the role of female directors in influencing the board’s attitude towards CSR strategies. The results obtained—from a sample of 22,958 observations, corresponding to an unbalanced data panel of 5124 companies for the period 2010–2016—confirm our hypothesis and also highlight the existence of type I (organisational) and type II (institutional) compensation effects, which reduce or eliminate differences between family and non-family firms, whether or not they are located in Latin American countries.

show abstract

Knowledge, Renewal and Flexibility: Exploratory Research in Family Firms

Cited by 21 publications

References 99 publications

Knowledge management in family business succession: current trends and future directions

Knowledge management in family business succession: current trends and future directions

A Systematic Literature Review on Sustainability in Family Firms

The Influence of Female Directors and Institutional Pressures on Corporate Social Responsibility in Family Firms in Latin America

Contact Info

Product

Resources

About