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http://hdl.handle.net/1942/39215
Title: | Relational determinants of family governance mechanisms in private family businesses | Authors: | CICEK, Akif VANDEKERKHOF, Pieter KELLECI, Ruveyda VOORDECKERS, Wim UMANS, Ine |
Issue Date: | 2022 | Source: | 4th SRN Workshop on Governance in Private Firms, September 28, 2022 | Abstract: | RESEARCH PURPOSE ❖ Family governance mechanisms (FGM) are crucial for the success and continuity of family firms (FF) ❖ No one-size-fits-all structure: formality, frequency & quantity according to family firm heterogeneity (FFH) ❖ Only 45% of FF have implemented FGM, of which only ±50% are satisfied, due to lack of specific guidance ❖ Strong family relationships → longevity & success → strained family relationships → conflict & frustration → negative performance implications ➔ FGM to strengthen these relations ❖ Although FGM focus on these relationships, few studies on soft, relational family dynamics as determinants of FGM as opposed to hard, quantitative antecedents → Why do family businesses decide to implement FGM on a relational level? | Document URI: | http://hdl.handle.net/1942/39215 | Category: | C2 | Type: | Conference Material |
Appears in Collections: | Research publications |
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Poster RENT.pdf Restricted Access | Conference material | 284.09 kB | Adobe PDF | View/Open Request a copy |
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