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  • 301.
    Busatlija, Emina
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Land, Mia-Berentje
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Mathieu, Anne Nathalie
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    How could cosmetic companies use social media in times of crisis?2014Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Purpose This thesis aims to provide guidelines for cosmetic companies on how to use social media in times of crisis.

    Background In today’s society, cosmetic companies can face crises that can vary according to their level of impact and their level of controllability. These crises can go viral and reach a huge amount of stakeholders since social media can take on many different forms such as Facebook, Twitter, and YouTube. It is important to know how to manage these different com-   munication tools and it is even more crucial in times of crisis. However, social media and the cosmetic industry have not been combined in previous studies. Therefore, it is beneficial for cosmetic companies to have guidelines on how to use social media in times of crisis.

    Method The method is based on an inductive approach. Benchmarking case studies reflect crises that occurred in industries other than the cosmetic industry. The findings from the case studies are then complemented with a chosen company representative from the cosmetic industry. Finally, a semi-structured interview has been conducted to balance the research and add new valuable information to the investigation.

    Conclusion Based on the results of the analysis, the authors of the thesis have been able to provide guidelines to cosmetic companies on how to use social media in times of crisis. These guidelines are divided into two parts: the first part advises guidelines to follow while the second part recommends factors to avoid on social media.

  • 302.
    Buvari, Rebecca
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Dosé, Tiffany
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Vonstad, Brita
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    A Channel Approach to Fashion2014Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Background – Previous research has evaluated different distribution systems and chan-nels that companies operate through. However, research primarily has focused on the richness of online channels rather than the value of physical stores. The following report will examine the reasons and implications underlying the choice of channel strategy.

    Purpose – The purpose of this thesis is to examine the reason why companies within the fashion and apparel industry, operating in Sweden, choose to operate through a certain market channel strategy. The thesis aims to evaluate four types of market channel strat-egies with the help of case companies.

    Method – A qualitative approach to the research has been chosen which consists of a case study including four companies representing different channel strategies. Data col-lection for the analysis where conducted through interviews with persons having vital positions within one of the four companies.

    Results and Discussion – The case companies ASOS, Bubbleroom, Cubus and Dressmann each represent one of the chosen market channels. The interviews presented in the results section implied that the companies chosen channel was more appropriate for the market they operated in as well as the target group they were aiming to reach.

    Conclusion – Even though research states that today’s society is moving away from the physical store market channel, this study proved that one single strategy is not appropri-ate for all businesses. A company will have to research their target market before ap-propriately selecting a channel strategy.

  • 303.
    Byberg, Andreas
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hansen, Jesper
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Basic, Mario
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Celebrity Endorsement's Impact on Brand Image and Sales: A Case Study on Volvo Cars Sweden2015Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
  • 304.
    Bäck, Linda
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Sittkoff, Robin
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Westerberg, Lisa
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hälsobokslut: En studie av tre landsting2005Independent thesis Basic level (degree of Bachelor), 10 points / 15 hpStudent thesis
    Abstract [en]

    Health account is a rather new concept that originates from several different schools of accounting. Due to the high number of sick leaves in Sweden, the government has developed a document with the purpose of reducing the sick leave and the health account is a part of this plan. The purpose of the health account is to make companies and organisations more aware of issues concerning health in the workplace. From this point it is possible to take steps against illness.

    The purpose is first to describe two different health account models and then compare them to three completed health accounts. The purpose is also to examine the implementation process and to find out if the health accounts have lead to any effects in the county councils.

    To create an understanding for the expression health account, and to be able to answer the purpose of our thesis, we have used a qualitative method. Both the comparison of the models and the health accounts were realised through studies of literature and reviews of the health acounts. To be able to accomplish the clarification that was given in the purpose, we have conducted interviews with the selected county councils.

    Those health accounts that we have studied shows that they differ very little from the models. When it comes to the comparison between the health accounts, the main similarities are that they all require cooperation and they are dependent of well working personal administration systems. The main difference between the health accounts is to what extent they have been implemented in the organisation. The difficulties concerning the implementation have varied between the three county councils. The difficulties concern both technical problems and to handle large amounts of information. The health accounts had positive effects on sick leave and has also increased the interest in questions concerning the employees.

  • 305.
    Bäck, Malte
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Svenson, Adam
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hemmingsson, Johan
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. hemmingsson.johan@gmail.com.
    Value Co-Creation in E-commerce: A Case Study of a Swedish E-Retailer2018Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    This thesis aims to examine if and how Value Co-Creation works online, and what interactions the customers believe to be of importance to continue a relationship with a company.

    The problem of the thesis is how to create value in order to establish long-term relationships with customers in an online environment where the element of face to face interactions is absent, and switching costs facing the customers are non-existent. There is little research made about Value Co-Creation in an online setting, further how Co-Creation of Value affects the ability to establish and maintain Customer Relationships.

    This paper utilized a qualitative research approach and was executed through a case study built up by a thorough analysis of a marketing plan and the value creating activities of Company X, and semi-structured interviews with twelve customers of Company X to investigate how these activities are perceived.

    The conclusion of the research in this paper is that Company X performs activities that allows Co-Creation of Value. Further, it was concluded that the services provided by Company X contributes with important factors when trying to establish and maintain relationships with their customers.

  • 306.
    Bäcknäs, Pierre
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Storck, Carl Philip
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Bolagsstyrning: Förväntade effekter för externrevisionen2005Independent thesis Advanced level (degree of Magister), 10 points / 15 hpStudent thesis
    Abstract [sv]

    Senare års skandaler inom näringslivet har allvarligt skadat allmänhetens förtroende för bolagsstyrningen. Som ett svar på detta togs i USA en detaljerad lagstiftning fram, i form av SOX. I Sverige, har som en av de sista länderna i Europa istället arbetats fram en svensk kod för bolagsstyrning. I och med detta har bolagsstyrning och intern kontroll fått ett ökat fokus och tanken är att den finansiella informationen från bolagen skall bli mer tillförlitliga.

    Syftet med denna rapport är att identifiera förväntade effekter av hur de nya kraven på bolagsstyrning kommer att påverka de externa revisorernas arbete. Speciellt var det gäller samarbetet med internrevisionen och säkerställandet av den finansiella rapporteringen.

    Vi har valt en kvalitativ metod, med djupintervjuer av semistrukturerad art. Respondenterna i undersökningen är både extern och internrevisorer med gedigen erfarenhet, samt FARs ordförande. Dessa valdes för att få en djupare förståelse för våra frågeställningar om förväntade effekter.

    De slutsatser som vi gjort är att samarbetet mellan intern- och externrevisionen förväntas öka genom samplanering och minimering av dubbelarbete, speciellt inom intern kontroll. När det gäller externrevisionens arbete så kommer revisionsinsatsen att öka genom en ökad testning av intern kontroll och dokumentation av dessa tester. Organisationsförändringar med revisionsutskott/kommitté förväntas också höja oberoendet för externrevisionen som får ett bättre samarbete med styrelsen istället för bolagsledningen.

  • 307.
    Caccamo, Marta
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Tecnológico de Monterrey, EGADE Business School, San Pedro Garza García, Mexico.
    Family firm density and likelihood of failure: An ecological perspective2019In: The Palgrave handbook of heterogeneity among family firms / [ed] S. Memili & C. Dibrell, Basingstoke: Palgrave Macmillan, 2019, p. 821-846Chapter in book (Refereed)
    Abstract [en]

    This chapter aims at establishing a link between family business research and regional science. Drawing from the density dependence model from organizational ecology and embeddedness theory, we develop four testable propositions to inquire about the effect of the emergence of family firms’ agglomerations in the territory on firms’ survival.

    We theorize that increased family firm density reduces the likelihood of firm failure and this effect is (a) higher for family firms than for non-family firms, (b) lower in urban than in rural areas, and (c) higher in fine-grained variable environments than in stable environments. Contributions and future research implications are detailed in the concluding section.

  • 308.
    Carlberg, Oliver
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Kjellberg, Oscar
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Branding in the automotive industry: The role of product experience in the buying process of the premium segment in Sweden.2018Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Purpose: The purpose of this study is to analyze and obtain a deeper understanding regarding the role of prior and present product experience and its impact on the buying process of an automobile within the premium segment in Sweden.

     

    Problem: A research gap has been identified regarding the connection between a product experience and its actual role in the buying process of a premium automobile. It is argued that great measures of a consumer’s perceptions of a product are formed by gathered product experience whilst no previous research conclude to what extent it actually makes an impact. Additionally, no previous research has identified if negative product experiences of automobiles deem a brand to be undesired to an individual in comparison to brand where no product experience is to be found.

     

    Design/Method: This paper has utilized a qualitative research approach that includes the conduction of semi-structured interviews, which worked towards investigating the perceptions of interviewees with regards to the subject of product experience and to what extent it impacts individuals. Moreover, an abductive research approach is utilized within this paper as the approach combines all forms of known information in order to form a conclusion based upon discovered observations whilst also collecting data that enables a more thorough insight.

     

    Findings: This research proves that product experience plays a vital role in subsequent buying decision processes. Previously attached meanings and values, elicited emotions and perceptions towards a specific brand are through our findings confirmed to have a direct impact on purchases of automobiles as well as feelings associated with an automotive premium brand. The conducted research also found that bad product experiences, although damaging brand perceptions, most commonly surpasses no experience at all.

  • 309.
    Carlsson, Christian
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Duraku, Besmir
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Motivation within a Family Business: Why are non-family managers motivated to work within a family business?2012Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Abstract

    Problem:

    Family business is the most common type of enterprise in the world and an elaborative subject to perform research in. However, the linkage between motivation and family business is not common to study, especially form the non-family managers’ perspective. Therefore, this thesis aims to fulfill the missing gap in research concerning motivational factors for non-family managers within a family business. Motivational factors are crucial for individuals in order to perform, although the motivational factors for a non-family manager within a family business is a complex phenomena. Several parameters must be taken into consideration, such as the family businesses characteristics and sources to motivation.

    Purpose:

    The purpose of this thesis is to investigate and to reach an understanding for why non-family managers are motivated to work within a family business.  

    Method:

    The method used in this thesis is a qualitative research with an abductive reasoning, based on ten interviews with eight different family businesses. The interviews include a variation of family businesses, as well as a variation of respondents, in order to receive a wide overview of how motivation is applied in different type of areas. However, the selection of this thesis interviews is based on that all the organizations are medium to large sized family businesses that have both family members and non-family members within their management team. In addition, all the respondents are non-family members, with a management position, within a family business.

    Results:

    The result of this thesis argues that the main reasons for why non-family managers are motivated to work within a family business are: The opportunity to be part of the decision making process and the possibility to influence the future culture within a family business.

  • 310.
    Carlsson, Christopher
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Danielsson, Fredrik
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Svensson, Christoffer
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    The effect of blockchain related corporate name changes on stock prices: An investigation into the creation of cumulative abnormal returns following a blockchain related corporate name change2018Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Investments in cryptocurrencies have generated extraordinary returns and the interest in cryptocurrencies and blockchain technology from the public, companies, investors, and news media has increased substantially in the past years. This has led certain corporations to change the strategic direction towards blockchain technology, as well as changing the corporate name to reflect an association and these name changes has created substantial increases in the price of that stock. Existing literature of corporate name changes has touched upon several aspects of the subject. However, no specific research connected to blockchain and cryptocurrencies has been conducted. The purpose of this research is therefore to investigate the effect of corporate name changes related to the terms blockchain or cryptocurrency on the price of stocks. A standard event study methodology was applied to determine if the name change creates abnormal returns. The method used has a quantitative approach to the research and relies on statistical testing of numerical data to reach a conclusion. An investigation of 11 firms was conducted to examine this topic. However, there were no firms that had included the term cryptocurrency in the corporate name. The findings from this research reveal positive and significant cumulative abnormal returns on the announcement date of a blockchain related corporate name change. Furthermore, over the full event window, a significant and positive cumulative abnormal return was observed. Thus, it can be concluded that name changes related to blockchain has a positive effect on the stock price and today's investors seem to perceive a corporate name change within the context of blockchain as positive. 

  • 311.
    Carlsson, Gustav
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Ericsson, Robin
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Layered Basket Option Hedging: Currency risk management for multinational corporations2012Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Background: In an increasingly globalized environment, corporations perform transactions across borders on a day-to-day basis. As multinational corporations expand their businesses the number of currencies in their operations increases. The consequence of operating with several currencies is the risk associated with currency fluctuations. Sandvik AB is a worldwide corporation where activities are conducted through representation in more than 130 countries. Currency exposures are controlled through risk management where financial derivatives are applied to protect the corporation from potential losses caused by fluctuations. Sandvik AB recently implemented a hedging strategy entitled Layered Basket Option hedging. The strategy is a combination of a layered- and a basket option approach to maximize the effect of the hedge. There is a limited amount of previous research regarding Layered Basket Option hedging and Sandvik AB is the first corporation to actively practice this strategy.

    Purpose: The purpose is to investigate and provide information about how currency risk most effectively is hedged for the multinational corporation Sandvik AB. Furthermore, we want to evaluate if Sandvik’s recently implemented hedging strategy, Layered Basket Option hedging, is the best-suited strategy for them and if there are any improvements to be made. This thesis will further investigate the importance of currency hedging for multinational corporations, which are dependent on reporting to their stakeholders. Hopefully, this thesis will also facilitate the communication of Sandvik’s currency strategies throughout the organization and make it more comprehensible.

    Method: Exchange rates on daily basis for the period 2002-2012 were collected from Bank of Canada and Reuters database. The collected data was thereafter used as a basis to perform calculations to determine if Layered Basket Option hedging is the optimal solution for Sandvik AB.

    Conclusion: The results of this study highlight the benefits from applying a Layered Basket Option hedging strategy and the strategy succeeds to reduce the volatility caused by currency fluctuation. The results indicate that the combination of a layered- and a basket option approach successfully creates a suitable strategy for Sandvik AB.

    Furthermore, this thesis has recognized that there exists room for improvement by actively allocating currencies according to their weights and correlations to fully exploit the effects from the strategy.

  • 312.
    Carlsson, Hillevi
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Sandwall, Adam
    Relationships in a B2B context: When the buyer becomes the marketerIndependent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
  • 313.
    Carlsson, Lisa J.
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Chehimi, Sara
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Multimedia and Purchase Intentions: Web Design for Fashion E-Tailers2011Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Recently, many high-end fashion designers have established their own e-commerce site. However, due to the difficulties of replicating the brick and mortar environment and the increase of competition, it has become more difficult to convert visitors into buyers. In order to attract buyers, some retailers add a lot of multimedia content.

    The purpose of this thesis is to investigate attitude towards multimedia and whether it influences one’s online purchasing intentions for high-end fashion.

  • 314.
    Carlström, Anders
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Karlström, Rikard
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Sellgren, Jakob
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Value Vs Growth: A study of portfolio returns on the Stockholm Stock Exchange2006Independent thesis Basic level (degree of Bachelor), 10 points / 15 hpStudent thesis
    Abstract [en]

    Research Questions:

    • Will a portfolio based on value stocks, on a risk-adjusted basis, outperform a portfolio based on growth stocks on the Stockholm Stock Exchange?

    • Is the superior strategy able to generate abnormal risk adjusted returns by beating the OMXS in-dex?

    Purpose:

    The purpose is to investigate if an investor by purchasing a portfolio based on value stocks will outperform a portfolio based on growth stocks. Furthermore the authors aim to examine if the superior portfolio can beat the OMXS index and create abnormal returns on the Stockholm Stock Exchange.

    Method:

    The quantitative research method is used when gathering information. To deter-mine which stocks to include each year between 1993 to 2005 the price-to-book ratio (P/B) is used. Based on this multiple the sample is divided into two extreme groups of low and high P/B companies. These two groups are further divided according to their price-to-earning ratios (P/E). This creates four portfolios, which symbolizes value and growth stocks. Each portfolio’s return is recorded annually during the 12 year period. The returns are risk-adjusted in order to find the superior portfolio. This portfolio is then compared with the OMXS index for the same period to find out whether it has created an abnormal return.

    Conclusion:

    The superior and most extreme value portfolio, consisting of stocks with low P/B and low P/E ratios generated a cumulative risk-adjusted return of 1908% between 1993-2005 and beat the most extreme growth portfolio consisting of high P/Bs and high P/Es which generated a negative cumulative return. The superior portfolio was also able to beat the OMXS index during the years of 1993-2005, generating an abnormal risk-adjusted return of 7.77 times that of the OMXS index.

  • 315.
    Carnes, Christina
    et al.
    University of Nebraska-Lincoln, USA.
    Hitt, Michael A.
    Texas A&M University and TCU, USA.
    Sirmon, David
    University of Washington, USA.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Wook Huh, Dong
    Frostburg State University, USA.
    The Contingent Effect of Synchronization on Leveraging Resources for Innovation2016Conference paper (Refereed)
    Abstract [en]

    Leveraging resources to exploit opportunities in external markets is at the heart of innovation. However, research suggests that leveraging resources is complicated and fraught with challenges. Building on work in resource orchestration by integrating behavioral logic relating to search behaviors and use of slack resources, we argue synchronization of internal activities enhances the innovation gains of a firm’s leveraging strategy (resource advantage, market opportunity, and entrepreneurial). We further suggest that this impact of synchronization on leveraging strategy and innovation is dependent on firms’ performance relative to social aspirations, elucidating boundary conditions of resource orchestration. Our findings offer theoretical and practical implications for understanding the influence of synchronization, leveraging strategies, and firm performance on innovation.

  • 316. Carnes, Christina M.
    et al.
    Hitt, Michael A.
    Huh, Dong Wook
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Sirmon, David
    The Influence of Synchronization and Performance on Strategic Choice and Innovation2013In: Academy of Management Proceedings: Vol. 2013, No. 1, 2013Conference paper (Refereed)
    Abstract [en]

    Leveraging resources to exploit opportunities in external markets is at the heart of innovation. However, theory suggests that leveraging resources is a complicated affair, fraught with potential challenges. Building on work in resource orchestration, we argue that firms achieve superior innovation when their strategy used to leverage resources is synchronized with several resource orchestration processes – namely structuring and bundling. However, such synchronization is not easily achieved. Using prospect theory, we argue and find that prior performance and accompanying managerial biases influence which strategies are chosen to drive innovation and that these same influences are affected by the level of synchronization. Thus, working to leverage firm resources to achieve innovation requires the synchronization of several processes to produce the greatest outcomes.

  • 317.
    Carnes, Christina Matz
    et al.
    University of Nebraska-Lincoln.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Hitt, Michael A.
    Texas A&M University.
    Huh, Dong Wook
    Frostburg State University.
    Pisano, Vincenzo
    University of Catania.
    Resource Orchestration for Innovation: Structuring and Bundling Resources in Growth- and Maturity-Stage Firms2016In: Long range planning, ISSN 0024-6301, E-ISSN 1873-1872, Vol. 50, no 4, p. 472-486Article in journal (Refereed)
    Abstract [en]

    Innovation is an important outcome for firms across all life-cycle stages, though challenges to this goal vary by a firm's stage of development. In this study, we integrate resource orchestration with contingency theory to theorize how managers differentially orchestrate their firm's resource portfolio and capabilities to develop innovation based on the firm's life-cycle stage. Empirical tests using primary data collected from 189 managers of U.S. and Italian firms based on the policy capturing method provide support for our hypotheses. Overall, this research contributes to our understanding of how firms manage their resources to create innovation over the firm's life-cycle.

  • 318.
    Carnestedt, Per
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Ericson, Dennis
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Jonsson, Niclas
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Franchising: Focusing on Franchisees' Perspective in the Swedish Retailing Industry2015Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Franchising is an important global business phenomenon, yet most research in the field is allocated to the American market. In addition, the majority of conducted research on the topic of franchising is considering the franchisor perspective, even though a franchising establishment is a relationship between two parties; the franchisor and the franchisee. Recent trends in franchising research is to further extend the body of literature by considering the franchisee perspective as well as markets other than the U.S.

    This qualitative thesis considers Sweden, a market with great potential for further franchising development. This potential arises from the fact that Sweden is the country in Europe with the lowest percentage of households having problems making ends meet (6.8%), leaving consumers with large disposable incomes and hence, making it an interesting market to engage in. 

    Despite these obvious opportunities in the Swedish market, research focused on the Swedish franchise industry is limited to a few reports where the majority of research conducted merely considers franchising to a small extent.

    Aiming to be the next step to a greater understanding of franchising in a Swedish context, this thesis considers franchising in the Swedish retailing industry, represented by franchisees from the Swedish sports retailing industry. The thesis comprises in-depth interviews with a multidimensional interviewee-group of five interviewees, both current as well as former franchisees in the Swedish sports retailing industry.

    The study resulted in indications on franchisee satisfaction in Sweden in terms of control methods (i.e. behavior or outcome control) as well as propensity to central decision rights (i.e. allocation towards centralized or decentralized). Potential underlying factors to the abovementioned indications are also analyzed and explained. In addition, the study proposes numerous indications as to what further research is to focus on in order to extend the knowledge of the Swedish franchising industry to a more holistic view.

  • 319.
    Casasola, Kitzia
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Olsson, Linn
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Solberg, Marie
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    "Add as Friend": A Case Study on Facebook and its Effects on Social Capital in the Workplace2010Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Purpose: The purpose of this thesis is to, through a case study on a consumer electronics retailer in Jönköping, provide an empirical analysis of the link between the use of Facebook and social capital within the workplace.

    Background: The existing research on how employees’ Facebook usage affects social capital in the work place is far from extensive. Moreover, previous research focuses on large international organizations with their own internal social network site, and how this usage affects the organization’s social capital as an entity. Therefore, the authors of this thesis identified a need to examine only a single unit’s social capital within an organization and its link to the employees’ Facebook usage.

    Method: In order to answer the purpose of this thesis, a case study was performed on a consumer electronics retailer in Jönköping, Sweden. A mixed method, sequential explanatory design was applied in this thesis by; quantitative data collection in the form of questionnaires and then qualitative data collection in the form of semi-structured interviews. The questionnaires provided an overall insight to the situation at Electronicum, but also a guideline on where to focus when collecting the qualitative data. Eight employees were interviewed.

    Conclusion: The results indicate that Facebook affected the social capital mainly through its ability to quickly spread information and attitudes, but also to a large extent by its ability to extend social interaction, both offline and online. Trust was affected through Facebook’s ability to create bridging and bonding activities between employees. Moreover, the social capital components of shared norms and citizenship were influenced by Facebook. However, the most distinct link was between Facebook and knowledge sharing. There was a link between the use of Facebook and the increase in off-work activities which indirectly influenced the social capital at the work premises.

  • 320. Caspersz, D.
    et al.
    Edwards, Mark G.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    Brundin, Ethel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    The Body Corporate: An Integrative Framework For Embodied Emotion In Family Business Life2018Conference paper (Refereed)
  • 321.
    Cestino, Joaquín
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    Business model innovation dynamics in legacy newspapers: Strategizing at critical junctures2015Conference paper (Refereed)
    Abstract [en]

    Relevance of the research

    A doomed atmosphere has dominated the traditional newspapers environment in the last years. However, legacy newspapers’ economics have experienced similar situations in the past (Conboy, 2010; Nerone, 2013), having succeeded before in managing significant changes in their business models (BMs). Paradoxically, legacy newspapers are perceived today as locked-in in an obsolete dominant BM.

    Business literature has described the questions posed by the Internet technology revolution to current newspapers’ economics but has failed to provide relevant cues for the development of new BMs. In this paper I analyze previous BM changes in the industry to (1) better understand the current situation that newspaper companies are in and (2) suggest potential lines of action to manage their business challenges today.

    Theoretical grounding and rationale for selection

    In an ever changing environment, companies which manage to create value over extended periods of time successfully adapt and renew their BMs (Achtenhagen, Melin, & Naldi, 2013). A BM describes the rationale of how an organization creates, delivers, and captures value (Osterwalder & Pigneur, 2010). The paper defines BM innovation as a modification in the logic of profit generation (Magretta, 2002) and is operationalized as changes in the variables taking part in the profit formula (Johnson, Christensen & Kagermann, 2008).

    Path dependency has been referred as a plausible theoretical explanation to the currently locked-in dominant BM in legacy newspapers (Koch, 2008, 2011; Ryfe & Kemmelmeier, 2011; Djerf-Pierre & Weibull, 2011; Rothman & Koch, 2013; Rothman, Wenzel & Wagner, 2014). Often, organizations and inter-organizational networks and industries are immersed in “dynamics that seem to run by and large beyond the control of agents”, usually in a change resistant manner resulting of a self-reinforcing process. A path dependence perspective helps to explain how this process takes place and eventually consolidates and locks organizations and markets into a path of quasi-deterministic character. Path dependent processes have been described in relation to technology, cognitive, normative or resource-based constraints (Sydow, Schreyögg & Koch, 2009).

    Newspapers’ practices interact with cognitive and cultural processes on multiple levels, resulting in complexly embedded practices, attitudes and assumptions (Ohlsson, 2012). Zukin and DiMaggio (1990) identify four kinds of embeddedness of economic action: cognitive, cultural, structural, and political embeddedness. The notion of embeddedness may offer the right lenses to understand how path dependent dynamics could result in normative practices and affect business strategies in legacy newspapers.

    Research design, Method and Data

    The selected case study, for a longitudinal history, is the Cumbria News Group Ltd. The firm traces its origins to 1815 and holds an extensive archive. During its existence, the firm has gone through various periods when existing BMs have been challenged. The study includes the context of changes at different levels of analysis. The case particularly focuses on supposedly historical critical junctures in the history of newspapers; (1)1830s: origins of the penny press and the modern conception of news, (2) 1960s: big pipes and normatization of objective-investigative-enterprise journalism; and (3) the current period of digital news and defimiliarization of journalism.

    The available sources in their archives are brought into dialogue trying to reverse the stages by which the series of narratives have accumulated. In-depth interviews are also used in the analysis of the current period of digital news.

    The case provides a thick and careful description at the different levels of contexts, appearances and defining practices as a combination of discourse and materiality, and attempts to unearth the underlying logics in the process of change (Pettigrew, 1992).

    Summary of main results

    Whatever their public claims, legacy newspapers have seldom experienced in the past radical and fast transformations in their BMs. Incremental change is a better description of their business historic evolution, mainly as a result of a gradual incorporation of new technologies, new revenue streams and new business practices in an interwoven fashion.

    Contributions to the field’s knowledge base

    The paper contributes with a better understanding of:

    - The role of cognitive and cultural embeddedness in business strategies of newspapers,

    - The contributions and limitations of path dependence as a theoretical framework to interpret BM dynamics in legacy newspapers,

    - How -in a BM analytical mode- legacy newspapers have effectively developed and evolved in different contexts in the past.

    Practical implications

    Managers in the newspaper industry can use the past as a valid reference to interpret and manage the business challenges in the industry today. Key learnings include:

    - Since BMs of legacy newspapers have been revised through incremental processes in which new practices do not immediately replace old ones, managers should challenge the current BM without jeopardizing current capabilities,

    - Since new practices spread from successful innovative newspapers to other players in the industry by a replication process, managers should scan the industry for success stories of new practices,

    - Managers would benefit from understanding that some normative practices in legacy newspapers are relatively accidental and new to the industry (e.g. quality journalism, readership maximization…)

  • 322.
    Cestino, Joaquín
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    Berndt, Adele
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    From Servitization To A Service Dominant Logic?: A Marketing Perspective On The Innovation Efforts In Newspapers2017Conference paper (Refereed)
  • 323.
    Cestino, Joaquín
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC).
    Berndt, Adele
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC). Gordon Institute of Business Science, University of Pretoria, Pretoria, South Africa.
    Institutional limits to service dominant logic and servitisation in innovation efforts in newspapers2017In: Journal of Media Business Studies, ISSN 1652-2354, Vol. 14, no 3, p. 188-216Article in journal (Refereed)
    Abstract [en]

    This paper explores the implementation of service-orientated strategies within newspapers using SDL and servitisation as theoretical departure points. This perspective helps to interpret the advancements and barriers in the current marketing innovation activities in the industry. Based on the exemplary case of the award-winning Svenska Dagbladet, we show that use is made of servitisation and SDL to the extent allowed by some strategic determinants of institutional nature. While some components of SDL have been implemented successfully others–customisation, resource development and coordination, and dialogue-based marketing communication–present managerial opportunities to increase value co-creation. But for this to happen the industry may need to consider changes in some of the institutional components of qualitative news that today act as institutional limits to innovation.

  • 324.
    Cetin, Hülya
    et al.
    Jönköping University. Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Zachee, Valerie
    Jönköping University. Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Value Creation Process in the Retail Grocery Chain2009Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Introduction: The retail market in the 21st century will be determined on how quickly and efficiently the retailer can respond to shifts in consumer demands. Due to the physical environment of the store (store value) and the interaction with the consumer (shopping trip value), the local retail store has the advantage of generating this tangible and intangible information. It is then of importance that this information will be transferred towards the retailer, who has the opportunity to use this information and generate it into outputs that can be used as negoitables; this value creation process is an unique success indicator for creating a value network within retail supply chain.

    Purpose: The aim of this research is to present an understanding on the value creation process in the grocery retail chain.

    Methodology: Having an inductive nature, this thesis tried to bring a new understanding on value creation in grocery retail business, by using hermeneutics as a methodology approach. For empirical study, the qualitative approach was used. Data was collected through open-ended interviews with representatives in grocery retail chains.

    Conclusion: The main players in the value network were determined in a grocery retail chain as retailer, local retail store and other stores in the chain; and the suppliers. An intensive value exchange between the retail store and the retailer was found and following that, it was concluded that the retailer converts the value input from the local retail store into tangible and intangible value outputs towards suppliers. Combining the conclusions, the research defines that a value network is existing, but on a very low level. But more to the point, the study shows the importance of value creation by the retail chain, and that creating the possibility to share information about products, in-store experience, consumer knowledge, and consumer requirements is one of the biggest advantage the grocery retail chain has to develop this value network further.

     

  • 325.
    Chakraborty, Bidita
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hansson, Victoria
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    The Valuation of Unlisted Equity2013Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
  • 326.
    Chamberlain, Elise
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Edin, Simon
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Crisis Preparation Communication in Universities: A case study of Jönköping University2016Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    With an increase in schools and universities being targets for malevolent attacks in many countries, the need for crisis preparation is high. To prepare their stakeholders, these institutions need to know how they can effectively communicate with them. This qualitative exploratory study investigates crisis communication at Swedish universities during the pre-crisis phase, and how universities can prepare their stakeholders, the students. The authors adopted a primarily deductive approach, through the use of a case study. Four group interviews of students were conducted to address the research question: How do students at Jönköping University want to be prepared for a potential malevolent crisis? The results of the research showed that students had not received malevolent crisis preparation information beforehand but desired it, and thought it was the university's responsibility to prepare them. Students preferred two-way communication and combining communication channels. A majority desired these channels to have mandatory participation. Finally, the authors believe to have found a potential link between excessive crisis preparation and fear built into the mutual relationship between crisis and threats. It is recommended that this link receives attention in future research as well as how the perception of a crisis is dependent on the student’s culture.

  • 327. Chandler, G. N.
    et al.
    Honig, Benson
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. School of Business and Economics, Wilfrid Laurier University, Waterloo, Ont., Canada.
    Wiklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Stockholm School of Economics, Center for Entrepreneurship and Business Creation, Stockholm, Sweden.
    Antecedents, moderators, and performance consequences of membership change in new venture teams2005In: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 20, no 5, p. 705-725Article in journal (Refereed)
    Abstract [en]

    This paper focuses on initial team size and membership change of new venture teams in two studies: (1) a panel study of 408 emerging ventures, and (2) a cross-sectional study of 124 new ventures. The findings suggest that larger initial team size provides an advantage for new organizations, and that the benefits of adding and dropping team members are contingent on the stage of development of the organization and the dynamism of the environment. Both external environment and team composition factors are associated with turnover in venture teams.

  • 328. Chandler, Gaylen
    et al.
    McKelvie, Alexander
    Davidsson, Per
    Jönköping University, Jönköping International Business School, JIBS Entrepreneurship Centre. Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
    Asset specificity and behavioral uncertainty as moderators of the sales growth: employment growth relationship in emerging ventures2009In: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 24, no 4, p. 373-387Article in journal (Refereed)
  • 329.
    Chantarang, Agkarapol
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Logistics in the Royal Thai Air Force Case Study: Preventing Problems in Logistics Support for the 4.5 Generation Fighter Aircraft2012Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
  • 330.
    Chatzidakis, Nikolaos
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Grande, Dolf
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Making ERP Work: A Logistics Approach to Causes and Effects of ERP Post-Implementation Use2013Independent thesis Advanced level (degree of Master (Two Years)), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Problem – Companies are taking into consideration not whether an Enterprise Resource Planning (ERP) system is required, but rather how to establish an effective ERP system. Research on ERP implementation is vast, however fairly little is known about ERP management and post-implementation use. Investigating how ERP systems are managed andused by different users in various companies and sectors adds value to understanding what practices are beneficial and, or detrimental.

    Purpose – The purpose of this thesis is to explain how ERP system use in the post implementation phase affects logistics operations in various enterprises.

    Method – The research has been conducted through the method of hermeneutics, enabling the researchers to constructively interpret data from in-depth interviews and documentary secondary data in order to explain what generally goes unnoticed in ERP system use.

    Conclusion – Training and business process configuration (also referred to as Business Process Reengineering in ERP implementation) are fundamental drivers to „ERP use‟ that embodies a wide range of dimensions (i.e. ERP access, understanding of ERP use etc.). All these dimensions, realized in ERP use affect operations either beneficially or detrimentally, externally or internally on a individual, team and, or organizational level.

  • 331.
    Chen, Chunyan
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Zhang, Ziyi
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Linkage between FinTech and Traditional Financial Sector in U.S.: Comparative Study during and after Global Financial Crisis2018Independent thesis Advanced level (degree of Master (One Year)), 40 credits / 60 HE creditsStudent thesis
    Abstract [en]

    Background: In 2008, the financial crisis led to the deterioration of the global economy. The financial industry suffered severe setbacks. On the one hand, regulators strengthened their supervision over financial institutions and raised capital requirements. On the other hand, publics’ confidence in financial institutions declined. At the same time, the fintech industry has rapidly developed during this decade, they use technology to make financial innovation and pose a threat to the traditional financial industry.

    Purpose: This paper aims to study the linkage between U.S. fintech and the traditional financial sector, trying to figure out which industry's stock price changes will affect the stock price changes in another industry. In particular, it also considers whether the global financial crisis will affect this relationship.

    Method: We first perform the Granger causality test under the VAR framework for several selected indices sequences, and then use the Toda Yamamoto version of Granger causality approach to verify the reliability of the above tests. Testing is divided into different time intervals in order to detect the impact of financial crisis on the relationship between time series.

    Conclusion: The empirical analysis results show that the correlation between the index in the long-term and short-term is inconsistent, and also shows that the correlation between the index will be affected by the financial crisis, or say, it will change as time varying.

  • 332.
    Chen, Lingxin
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Xu, Jiahong
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Optimization of soft beverage inventory managementin practice for SMEs: A case study of JN Ltd. In China2015Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Introduction: Nowadays beverage companies must focus on maintaining healthy finishedgoods inventory stocks in order to be able to decrease inventory costs, meet customerrequirements and to obtain competitive advantage. However many beverage SMEdon’t have an accurate planning and forecasting to manufacturing inventories. Thereforethey often face the problem of optimization in inventory management due to several differentreasons. As a result, company loses its competitiveness. Thus, there is a need tocoordinate Inventory activities of beverage SMEs to improve inventories’ planning. The purpose of this study is to analyze how inventory management is organized in a small Chinese beverage company.

    Frame of reference: This research is based on the theoretical framework relates with InventoryManagement (IM) and Retailer-managed inventory (RMI), vendor-managed inventory(VMI) and Collaborative Planning, Forecasting and Replenishment (CPFR).Empirical Data were collected through personal interviews and organization documents.

    Methodology: The research strategy for this paper is a single case study. This strategy allows investigating topic in its real life context. The inductive approach is used for this research based on qualitative data. The major source of data collection was semi-structured interviews and the company's documents. For analyzing data categorization approach was applied.

    Conclusion: The study found that inventory management theories presented in scientificliteratures are used in practice. To achieve better inventory management for beverageSMEs, the authors summarize four importance parameters based on literatures and findings.The authors also provide some suggestions based on the importance parameters inthe conclusion to optimize the case company’s inventory management.

  • 333.
    Cheng, Yan
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Karlsson, Maria
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Sinset Imele, Michele
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Implementing CSR: A case study of Ekenäs Mekaniska AB2008Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Corporate Social Responsibility (CSR) is not a new issue however it has recently started to get more attention. Mostly research has been conducted within the larger companies in many different aspects such as benefits with CSR, its financial impact and the implementation process. Since this is a matter that becomes more and more important in the society of today we wanted to focus our study on small and medium sized enterprises to see how they can take part in the CSR implementation too. Firstly we wanted to examine the small and medium sized companies (SMEs) within the Jönköping region however due to the special conditions of the companies in this region we decided to conduct a case study instead. The case study is conducted with the managing director of Ekenäs Mekaniska AB, the primary information were collected through two face to face interviews. The material was then compiled and analysed. We provide some practical solution to the problems existing within Ekenäs Mekaniska AB and suggest a model for Ekenäs Mekaniska AB as well as for other companies. The purpose of conducting this case study is to make it easier for Ekenäs Mekaniska to implement more CSR in the future as well as it is to serve as an example for other small sized firms that it is possible to still conduct CSR even though you are limited in resources. We also aim at providing a step by step guide on how to implement CSR efficiently that can be used for both small, medium sized companies and large companies however each step needs to be undertaken with the size of the company in mind. The final conclusion of this case study is that the most important stakeholder of Ekenäs Mekaniska AB when implementing CSR is the employees. A clear goal, vision and mission from the top managers are crucial for Ekenäs Mekaniska AB to implement CSR efficiently. The communication with the important internal and external stakeholders and the feedback collected from them are also very important to ensure that everyone in the organization is doing the right things. The employees need to be guided through a systematic guide book to ensure that the current or potential CSR activities satisfy their needs. The strategy of Ekenäs Mekaniska AB should well combine with their CSR agenda by us-ing the model introduced in the thesis. Due to limited financial resource, it is hard for small and medium sized enterprises (SMEs) to implement the whole CSR activities within the organization, therefore, the local government should provide appropriate fund or tax reduction programs to help SMEs implement CSR efficiently.

  • 334. Chilcott, Mandy
    et al.
    Barry, Daved
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Media, Management and Transformation Centre (MMTC). Nova School of Business and Economics, Portugal.
    Narrating creativity: Developing an emic, first person approach to creativity research2016In: The International Journal of Narrative Therapy and Community Work, ISSN 1446-5019, no 3, p. 57-67Article in journal (Refereed)
    Abstract [en]

    Despite the complexity of workplace creativity, laboratory or survey-based quantitative research conducted in the positivist tradition supports a trend towards prescriptive 'recipied' lists for stimulating creativity. In contrast, by recognising creativity as a complex multi-level system, we were inspired by ideas from narrative therapy to develop a new narrative inquiry methodology that uses personal storytelling to collaboratively investigate, promote intelligent reflection on, and enhance the creativity process. Our aim was to explore how taking a pragmatic constructivist approach might unfold a new way of eliciting richly descriptive realworld information that exploits local situated knowledge (what we call 'emic creativity') about the individual and group creative processes within a workplace. Using a developmental application of the methodology as a single-level case study on gaming designers in Denmark, we found that the new emic creativity methodology can contribute valuable information about creativity within a particular system.

  • 335.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    The creation, sharing and transfer of knowledge in family business2008In: Journal of Small Business and Entrepreneurship, ISSN 0827-6331, E-ISSN 2169-2610, Vol. 21, no 4, p. 413-433Article in journal (Refereed)
    Abstract [en]

    This present research aims at investigating how "knowledge-related human capital" can be accumulated, i.e. created, shared and transferred, in family business over time. "Knowledge-related human capital" is viewed as pure knowledge and skill which family members have gained and developed through education and experience within and outside the organization. Two wine-producing family firms from Switzerland and a liqueur family firm from Italy are part of this research. A tentative knowledge model is presented at the end of the study. It analyses factors responsible for the accumulation process of knowledge in family business across generations.

  • 336.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Backman, Mikaela
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Karlsson, M.
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    No Firm is an Island: Local Embeddedness and Rural-Urban Contexts for Business Growth in Family versus non-Family Firms.2017Conference paper (Refereed)
  • 337.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Financial Distress in Family and Non-Family-Controlled Firms2016In: Academy of Management Proceedings, January 2016 (Meeting Abstract Supplement) 12016 / [ed] John Humphreys, Academy of Management , 2016Conference paper (Refereed)
    Abstract [en]

    In this study we heed the call from a growing number of scholars to extend our understanding of performance differences between family and non-family firms. Drawing on the mixed gamble logic of the behavioral agency model and the socioemotional wealth prospective, we provide a more fine-grained understanding of the unique role and diverse logic of dominant owners in relation to performance outcomes. Our findings suggest that family firms are the worst among the best (i.e. among firms that do not experience financial distress, they perform worse) and the best among the worst (i.e. among firms that experience financial distress, they perform better), which we attribute to the fact that family owners have more firm specific current wealth to lose (including not only financial wealth but also SEW), and as such respond differently to financial distress.

  • 338.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Is the Family an Asset or Liability? The Role of Environmental Dynamism on Family Firm Performance2013Conference paper (Refereed)
  • 339.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Carnes, Christina M.
    Wook Huh, Dong
    Hitt, Michael A.
    Pisano, Vincenzo
    Structuring and bundling resources for innovation in different firm life cycle stages2014In: Academy of Management Proceedings: Vol. 2014, No. 1, 2014Conference paper (Refereed)
    Abstract [en]

    The present study based on a sample of US and Italian private firms confirms that resource orchestration is crucial in the creation of innovation. Structuring and bundling resources are important processes for all firms, especially for the development of innovation. Adopting a resource-based logic, we employed the technique of policy capturing to examine the relationship between resource orchestration and the creation of innovation by firms at different stages of their life-cycle. Our results show that early-stage (start-up and growth) firms attempt to acquire and accumulate resources and to enrich existing capabilities and pioneer new ones to develop novel innovations. This emphasis shifts to divesting resources and stabilizing existing capabilities during later (maturity and revitalization) stages to achieve more incremental innovations. This research contributes to our knowledge of innovation, resource orchestration and the firm life-cycle stages.

  • 340.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Department of Strategic Management and Entrepreneurship, Rotterdam School of Management, Erasmus University Rotterdam, Rotterdam, The Netherlands.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Gomez-Mejia, Luis R.
    Department of Management, W.P. Carey School of Business, Arizona State University, Tempe, AZ, USA.
    Kotlar, Josip
    Centre for Family Business, Lancaster University Management School, Bailrigg, Lancaster, UK.
    To patent or not to patent: That is the question. Intellectual property protection in family firms2018In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520Article in journal (Refereed)
    Abstract [en]

    This study examines family firms’ propensity to protect their intellectual property through patents. Building on the mixed gamble logic of the behavioral agency model, we theorize that family ownership has a U-shaped relationship with firm propensity to patent. Specifically, we argue that family firms’ desire to prevent losses of current socioemotional wealth inhibits their propensity to patent until a threshold level of family ownership, beyond which the family’s socioemotional wealth is secured and a greater focus on prospective financial gains attainable through patents is possible. We also suggest that environmental munificence moderates this nonlinear relationship such that a low-munificent environment accentuates the potentially detrimental (beneficial) effects of low-to-medium (medium-to-high) levels of family ownership on patents. We test our hypotheses on a sample of 4,198 small- and medium-sized family firms.

  • 341.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    DeTienne, Dawn
    Colorado State University, USA.
    Clinton, Eric
    Dublin City University, Ireland.
    Sciascia, Salvatore
    IULM University-Milan, Italy.
    Resource structuring: linking resource acquisition, accumulation, and divestment in family firms2014Conference paper (Refereed)
    Abstract [en]

    While much has been written about the idiosyncratic nature of family firms, the processes of managing the resource base in family firms has received limited attention. We examine resource structuring in family firms, inclusive of resource acquisition, accumulation and divestment. Specifically, we theorize that family firms that engage in resource acquisition and accumulation achieve higher levels of resource divestment. While the family generation in control positively moderate these relationships, the presence of a family CEO negatively moderate them. Additionally, we predict that family CEOs in later generations also engage less in resource divestment. Our theory is tested on a sample of 241 Irish family firms.

  • 342.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Gómez-Mejia, Luis R.
    W.P. Carey School of Business, Arizona State University, Department of Management, Tempe, AZ, USA.
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Withers, Michael
    Mays Business School, Texas A&M University, Department of Management, College Station, TX, USA.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    To merge, sell or liquidate? Socioemotional wealth, family control, and the choice of business exit2019In: Journal of Management, ISSN 0149-2063, E-ISSN 1557-1211Article in journal (Refereed)
    Abstract [en]

    We take the perspective that considering the affective motives of dominant owners is essential to understanding business exit. Drawing on a refinement of behavioral agency theory, we argue that family-controlled firms are less likely than non-family-controlled firms to exit and tend to endure increased financial distress to avoid losses to the family’s socioemotional wealth (SEW) embodied in the firm. Yet, when confronted with different exit options and performance heuristics suggest that exit is unavoidable family firms are more likely to exit via merger, which we argue saves some SEW, although it is less satisfactory financially. In contrast, non-family firms are more likely to exit via sale or dissolution, options that are more prone to offer higher financial returns than mergers. Family and non-family firms thus show different orders of exit options. We find support for these arguments in a longitudinal matched sample of privately held Swedish firms.

  • 343.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Socioemotional Wealth and Innovation in Family Firms: When the Environment Gets Tough, the Family Gets Going!2014Conference paper (Refereed)
  • 344.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Pathak, Seemantini
    University of Missouri, St. Louis, USA.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Hoskisson, Robert
    Rice University, USA.
    Family versus Non-Family Firm Mergers: Likes Attract Likes, Outperform Opposites2017Conference paper (Refereed)
    Abstract [en]

    Using social identity theory, we examine how the identity of the target firm in a family firm-led merger impacts the merged entity’s subsequent performance. We compare family firms’ target preferences and postmerger performance to those of non-family firms, and find that not only are family firms more likely to prefer other family firms as merger partners, but also achieve better post-merger outcomes with them. We test our hypotheses using a large sample of Swedish private firms, which largely controls for national cultural differences. After controlling for endogeneity and self-selection bias, our results support all our hypotheses.

  • 345.
    Choi, Ga Eun
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Nordström, Christoffer
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Llorach, Carlos
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    The Organizational Life Cycle Stages and Effectiveness: A Study of Swedish Gazelle Companies2012Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    The purpose of this thesis is to investigate the life cycle stages of the chosen gazelles in Sweden and identify their effectiveness related to the stages. Furthermore, we study whether the given characteristic of the gazelle companies correspond to the suggested characteristics of the given theoretical framework.

    Gazelles, as the outstanding performers of both financial profits and job creators of our society, they are always struggling to sustain growth and satisfy market needs in order to maintain their prestigious status. Therefore, it is critical for them to access their abilities as well as constraints of the current organizational structures and we seek the solutions to these problems through the organizational life cycle theory perspective.

    Our study focuses on the Dagens Industri’s gazelle award winners that are carefully evaluated by the strict criteria it provides. Also, we revisit the various previous studies in the field of the organizational life cycle and effectiveness in order to provide the foundation for our analysis. In order to serve our purpose, we study 26 gazelles from Sweden in dept by reviewing their annual reports and official websites and provide the reader with quantities data research that are self-administrated concerning the different attributes of the life cycle stages and effectiveness.

    In conclusion, we find that the majority of the Swedish gazelle companies we have studied correspond to the second stage of the life cycle model which focuses on human relations model as an effectiveness area. However, these firms demonstrate unique effectiveness that genuine SMEs do not have, such as high focus on R&D and harmony between flexibility and control in their organizational structure.

  • 346.
    Chroscik, Angela
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Lake, Malin
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Disclosure of CEO bonus plans: A study of twenty leading EU banking companies2013Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    The CEO bonus of banking companies has become a hot media topic around the world accelerated by the recent financial crisis of 2007-2008 where the excessive pay and risk-taking in the banking sector were recognized. This has raised public concerns around executive remuneration and the transparency of the companies. According to the regulations, the bonus of the CEO is indexed to the firm´s performance. However, the compensation of many CEO’s has been paid out during the financial crisis although the firms have lost money. This has consequently led to rigorous regulations of the financial institutions with the attempt to ensure long-term focus and consider outstanding risk through variable remuneration payments.

     

    Although the remuneration, and specifically annual bonus, has caught a lot of attention by the public and the media, it has been mostly overlooked by regulatory authorities and academics up until today. This research represents the first attempt to examine the disclosure and transparency of CEO annual bonus plans of twenty leading EU banks through the employment of in-depth and descriptive approach.. The purpose of this study is to explore the issue of CEO annual bonus plan with respect to the disclosure of the information provided in the banking companies’ financial reports of 2011. The level of transparency of the companies are scrutinized and measured accordingly to five bonus features, which may contribute to the transparency of annual bonus plans. The bonus plan is regarded as transparent if the majority of the following bonus criteria are fulfilled by the companies; (1) the application of simple targets through a single performance condition; (2) the application of published targets accessible to shareholders; (3) the disclosure of methods applied in order for shareholders and other stakeholders to determine whether the given performance target(s) has been fulfilled; (4) bonus payments in form of cash; (5) the disclosure of annual bonus cap.

     

    The findings of this study show that a significant part of the banks can be considered as non-transparent due to the failure of fulfilling the given bonus plan features, meaning that the issue of disclosure and transparency of annual bonus plans should raise concern for shareholders and regulators, both on the EU-level and nationally. This study evidently shows that the level of information disclosed as to bonus plans of CEO various tremendously between the countries and sometimes also between the companies in the same country, which indicate the issue of disclosure and transparency of annual bonus plans need to be enhanced through regulations.

  • 347.
    Cimendag, Ismail
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Yalcin, Erkan
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Global marketing advertising with cultural differences: How can global companies better address cultural differences in marketing advertising in the Middle East?2012Independent thesis Advanced level (degree of Master (One Year)), 15 credits / 22,5 HE creditsStudent thesis
    Abstract [en]

    The authors realized the importance of being flexible in cultural values in the current environment of today’s economy. This environment is called ‘globalization’ that has become an interesting topic in the academic world. Beyond the different challenges, the most important challenge regarding to the thesis topic is the cultural challenge. The authors have combined these elements and  wanted to investigate how these factors influence marketing advertising in the Middle East.

    Hence, the purpose of this thesis is to reach an understanding about how cultural differences in global marketing advertising can be handled by global companies in the Middle East. 

    The findings of the thesis reflect upon the question of "how global companies can better address cultural differences in marketing advertising in the Middle East" by first understanding and respecting the culture and religion of the region, following the regulations and guidelines for advertising in every specific country, cooperating with local agencies and adapting the marketing advertising strategy with a glocal ‘think global, act local’ approach.

  • 348.
    Cisamolo, Marco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Villarreal Muraira, Alain
    Human Resource Practices, Absorptive Capacity and Human Costs in SMEs: A Theoretical Model about the Implementation of HRP, its Benefits and Costs2010Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Absorptive capacity is fundamental for small-middle enterprises to increase their innovativeness and competitiveness in the market place. Human resources, being the most important asset in SMEs, might help firms to obtain adequate levels of absorptive capacity through a planned set of human resource practices. The hu-man costs of implementing such practices, however, cannot be neglected, and this paper studies the relationship between these different variables.

  • 349.
    Claar, Johan
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Nilsson, Alexander
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Collaboration within a CSR Project: A Case Study of “Bra Bostäder för Småhushåll till Rimligt Pris”2012Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Purpose: The purpose of this thesis is to explore and analyze how collaboration within a CSR project develops and evolves over time. By analyzing a CSR project that in-volves actors from multiple sectors, the aim is to acquire an increased understand-ing of the collaborative process.

    Background: Corporate Social Responsibility (CSR) as a concept has been growing in im-portance and is becoming an important part of corporations’ strategy, but there are still issues of how to engage in an efficient and effective way. As consumers are be-coming increasingly aware of CSR it can influences their buying behaviors. It is im-portant for corporations to engage in CSR that can result in both social and finan-cial value. CSR collaboration with external actors can provide and leverage unique combinations of resources and knowledge which could otherwise be hard for the corporation to obtain. The challenge for corporations is to find the right collabora-tive partnerships with the capabilities to meet the needs of society. Different types of actors can have different motivations behind their involvement, raising the issue of how they can collaborate without conflict.

    Method: To answer the purpose, a case study was conducted. The case study is based on a project called “Bra bostäder för småhushåll till rimligt pris” which is aimed at alle-viate the shortage of affordable housing in Sweden. The project intends to show that it is possible to build more affordable homes where the price for the end con-sumer is considered from the beginning. Primary data was collected through semi-structured interviewees with important actors involved in the case.

    Conclusion: The ability to develop a CSR project is critically dependent on the collabora-tion between the involved actors. The collaborative process and inclusion of differ-ent actors are based on the competencies, knowledge, and experience. Social as-pects have been the foundation for a shared purpose, but the focus has been on is-sues regarding sustainable financial viability. The collaborative nature has allowed for a unique combinations that would otherwise not been possible and have in-creased the value of the project.

  • 350.
    Claesson, Johan
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Wengbrand, Frida
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Eriksson, Sofia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Valuation of Family Businesses: A case study2005Independent thesis Basic level (degree of Bachelor), 10 points / 15 hpStudent thesis
    Abstract [en]

    Background

    The vast majority of all Swedish companies are family businesses. Research within the field of family businesses has not until recent years been developed. Moreover, the research regarding valuation of family businesses is close to non-existing. Family businesses differ in many ways from non-family businesses, for example when it comes to culture, ownership and management. Hence, there is a possibility that family businesses are valuated differently from non-family businesses.

    Purpose of this thesis

    The purpose with this thesis is to describe how valuation of family businesses is done from the perspective of an acquiring company.

    Method

    For this thesis a qualitative, hermeneutic approach was applied in order to understand the whole picture of the valuation of the family business phenomenon. A case study approach was carried out by carefully studying three acquisitions of small private family businesses in the service sector made by Company X.

    Conclusions

    The crucial skills to possess are experience, industry knowledge, intuition and most of all family business knowledge and experience when determining a fair value of a family business. The intangible assets of a family business, for instance reputation, culture and knowledge, together with different valuation methods contribute to the estimation of the value of a family business.

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