Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
The Family Ownership Logic: Core Characteristics of Family-Controlled Businesses
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Accounting and Finance.
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
2008 (English)Report (Other academic)
Abstract [en]

This paper sets out to identify the core characteristics of family ownership logic. Based on 20 in-depth conversations with family business owners representing different generations, life-cycles, sizes, and industries, listed or privately held, we suggest a family ownership logic indicating seven core characteristics. This logic is characterized by a stable and persistent ownership with few owners and a relative stable strategic development for which tradition and emotional ties are important. This paper concludes that in order to better understand family ownership logic we need to turn to alternative views on corporate governance and theories on psychological ownership. The implications of the family ownership logic are manifold. Related to agency theory and stewardship theory our empirical material raises several questions of relevance for the debate on governance in family-controlled firms.

Place, publisher, year, edition, pages
Jönköping: Center for Family Enterprise and Ownership, Jönköping International Business School , 2008. , p. 41
Series
CeFEO Working Paper, ISSN 1654-8612 ; 2008:1
Keywords [en]
Ownership, Strategy, Family-controlled businesses, Family ownership logic, Psychological ownership, Emotional bonding
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-1250OAI: oai:DiVA.org:hj-1250DiVA, id: diva2:3702
Available from: 2008-05-28 Created: 2008-05-28 Last updated: 2016-10-28Bibliographically approved

Open Access in DiVA

fulltext(261 kB)2255 downloads
File information
File name FULLTEXT01.pdfFile size 261 kBChecksum SHA-1
ac4098c38ba7fcf79154bb221dfed0970df9fb1d6e6f3bb96cbfcc0c14556c01ea2f5585
Type fulltextMimetype application/pdf

Authority records BETA

Brundin, EthelFlorin Samuelsson, EmiliaMelin, Leif

Search in DiVA

By author/editor
Brundin, EthelFlorin Samuelsson, EmiliaMelin, Leif
By organisation
JIBS, Center for Family Enterprise and Ownership (CeFEO)JIBS, EMM (Entrepreneurship, Marketing, Management)JIBS, Accounting and Finance
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 2255 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 2075 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf