Recently the research on family firm internationalization has begun to consider socioemotional criteria (Debellis, Rondi, Plakoyiannaki, & De Massis, 2021). The effect of family social capital on internationalization strategies has received limited attention in the family business research (Debellis, Rondi, Plakoyiannaki, & De Massis, 2021). There are studies that focus on social capital and what role that has on operations in family firms. There is also a considerable amount of research regarding internationalization aspects connected to family firms (Arregle, et al., 2021). However, studies that try to link internationalization strategy with family social capital are lacking. This paper aims to fill that gap. The purpose of this study is to research how family firms’ social capital affects their internationalization strategy. The research strategy for this study was a multiple case study, using grounded analysis to analyze the empirical findings. The empirical data for this study has been collected through 8 semi-structured interviews with 7 family firms operating on an international level. The findings of this study show that family firms with strong family governance and social capital positively support internationalization strategy initiatives, especially in the relational dimension of family social capital. The cognitive dimension was not directly linked to as many of the themes that emerged from the data analysis as the relational dimension, but still proved to be of significant importance in the development of internationalization strategies.

Background: CEO succession is a critical process in organizations, marked by its potential for disruption andstrategic changes. CEO succession can significantly influence corporate strategy, with the CEOwielding considerable power in shaping organizational direction. As part of corporate strategy,internationalization is considered one of the most important future priorities in many familybusinesses. It holds the potential to help those businesses survive in an increasingly competitivebusiness environment while also maintaining the business for generations to come. As the CEOsuccession entrusts a new person with a role that can have a significant influence oninternationalization, the challenge is to ensure that this person not only follows financial goalsin internationalization but also balances non-financial goals. This is because family businessesgenerally attach great importance to SEW, which are non-financial attributes. An influence ofthe CEO successor on internationalization that is not in line with the SEW could therefore beundesirable for the family businesses. Hence, choosing an appropriate CEO becomes crucial. Purpose: This study aims to examine how CEO succession influences the internationalization of familybusinesses. The study intends to contribute to the current literature by investigating theindividual influence of CEO successors on internationalization, offering both theoreticalinsights and practical implications. By identifying the diverse outcomes associated withdifferent succession types, this research intends to support family businesses to better predictand anticipate the consequences of CEO succession and internationalization. Method: The methodology of this study follows an ontological relativism approach, meaning weacknowledge that multiple truths exist. This further aligns with our epistemological stance onsocial constructionism. The basis of our master thesis is built on a qualitative study followingan inductive approach to generate new theories arising from the empirical data collected.Therefore, we conducted an exploratory interview study and analyzed the acquired dataaccording to the Gioia method. The sampling of our interviewees was done purposively byincluding predefined selection criteria. Conclusion: This paper examines how CEO succession in family businesses affects their internationalizationstrategies, considering successors from within the family, internal employees, and externalhires. It was found that all types of successors can influence internationalization, yet withvarying outcomes as a result. Intra-family successors, while not necessarily having a greaterinfluence on the board, often align with family values, leading to continuity in internationalstrategy. Internal employee successors tend to maintain existing strategies, benefiting fromfirm-specific knowledge, while external successors may bring about strategic changes due totheir outside perspectives and lack of familiarity with the family culture. Various factors caneither reverse or strengthen the successors' influence on internationalization.

This thesis explores uncharted territory by researching the relationship between leadership behaviours in family businesses and the preservation of socioemotional wealth (SEW). SEW, which encompasses the non-financial aspects that satisfy the emotional needs of family members, is crucial for the longevity and success of family businesses. The study addresses a significant gap in the literature by examining how leadership behaviours shape SEW preservation actions. Using a qualitative multiple-case study approach, the research investigates two cases to understand the antecedents, mechanisms, and outcomes of SEW preservation actions. The findings of this research are significant as they reveal that the perception of past SEW has a profound impact on current leadership behaviours and SEW preservation actions. The study offers valuable theoretical insights into the dynamics of SEW preservation in family businesses. It also provides practical strategies for family business leaders, emphasising the importance of assessing one's past and aligning leadership behaviours with SEW preservation actions. By doing so, leaders can enhance organisational performance and preserve SEW more effectively. These insights not only deepen our understanding of the complex interplay between leadership and SEW preservation in family businesses but also offer strategic guidance for practitioners and family business owners, potentially transforming the way they approach leadership in their businesses.

No / We examine the effect of family governance on corporate philanthropy by focusing on the motives of controlling families. We emphasize that controlling families have two different motives, namely, financial and socioemotional motives. On this basis, we argue that the two motives have contrasting effects on corporate philanthropy. Given that family ownership represents the financial motive of family principals, the first hypothesis posits that family ownership is negatively related to corporate philanthropy. Family management increases family visibility and thus encourages controlling families to be concerned with their socioemotional wealth. That is, the higher the visibility of controlling families in the firm, the more likely the overlap will be between family and firm identity. Thus, the second and third hypotheses predict that family involvement in management as a family CEO or director positively moderates the relationship between family ownership and corporate philanthropy. We test our hypotheses using fixed effects panel regression models and the sample of large nonfinancial Korean family firms listed in KOSPI, Korea’s major stock market. Test results support our hypotheses. We find that family firms become reluctant to engage in discretionary wealth transfer to nonfamily stakeholders as family ownership increases. However, this negative effect of family ownership on corporate philanthropy is weakened by family involvement in top management and the board of directors. Our findings reconcile the inconsistent results in the literature on family business and CSR, which is divided into positive and negative perspectives. In this manner, we revisit the assumption of prior research, which often treats family firms as homogeneous and reveals the limitation of a dichotomous approach to family business. We conclude by discussing the implications and theoretical contributions of this study and offering future research directions.

This thesis looks at Thalhimers department store through the lenses of story, history, and theory. It first introduces the intertwining narratives of the author's paternal family and the store's history, then shares the author's personal story of Thalhimers. The second half outlines the master narrative of the American department store then applies "fantasy-theme analysis" and the symbolic convergence theory to stories and artifacts related to Thalhimers. A conclusion discusses the end of the department store era including a deeply personal goodbye from the author.

Conflitos são fenômenos sociais que ocorrem em qualquer organização; entretanto, apresentam-se mais contundentes (e menos compreendidos) na dinâmica da empresa familiar, em função de efeitos psicodinâmicos exclusivos da interação entre família, gestão e propriedade. Paralelamente, conflitos são também particularmente salientes no contexto ambíguo e complexo das decisões estratégicas, especialmente em ambientes colegiados como os conselhos de administração e consultivos - o alto escalão diretivo das organizações, também considerados a \"caixa-preta\" da governança corporativa. Interseccionando as áreas, este estudo mensura o impacto de potenciais antecedentes das facetas cognitiva e afetiva dos conflitos intragrupais, assim como suas consequências em métricas do processo decisório estratégico (qualidade e adoção da decisão), no contexto particular de conselhos (administração ou consultivo) de empresas familiares brasileiras. Investigando 81 processos decisórios estratégicos em conselhos de 81 empresas familiares distintas, mediante estratégia metodológica survey, verifica-se que: i) o percentual de conselheiros independentes não influi na intensidade das discordâncias cognitivas; ii) enquanto que conselhos caracterizados por elevada \"confiança baseada em competência\" tendem a reduzir conflitos afetivos (pessoais), o percentual de familiares apresenta efeito contrário, elevando-os; iii) a qualidade das decisões estratégicas não é influenciada pelos conflitos cognitivos, mas sim pela faceta afetiva, cuja relação (estatisticamente significativa) apresenta sentido negativo. Implicações teóricas e práticas, assim como sugestões de pesquisa, são discutidas na conclusão. / Conflicts are social phenomena liable to occur in any organizational type; however, they´re more intense (and less understood) in the dynamics of family businesses, due to the unique psychodynamic effects of the interaction between family, management and property. At the same time, conflicts can also be particularly salient in the ambiguous and complex context of boards (the \"black box\" of corporate governance), by the intimate connection with strategic decisions. Intersecting the areas, this study identifies and measures the impact of antecedents and consequences of the cognitive and affective dimensions of intragroup conflicts in the strategic decision-making process (regarding the quality and adoption of strategic decisions), in the particular and favorable context of Brazilian family firms´ boards of directors. Investigating 81 decision-making processes in boards of 81 different family businesses, through survey, it is verified that: i) the percentage of independent directors does not influence the intensity of cognitive disagreements; ii) while boards characterized by high \"trust based on competence\" tend to reduce affective (personal) conflicts, the percentage of family members has an opposite effect, raising them; iii) the quality of strategic decisions is not influenced by the cognitive conflicts, but by the affective facet, presenting negative and significant relation. Theoretical and practical implications, as well as research suggestions, are discussed at the conclusion

Background: Sweden is known for encouraging entrepreneurship where 99.9% of the business organizations are SMEs. Including Sweden, several other countries in the world provide significant importance to family firms, as their contribution is noteworthy to the global economy. Due to numerous reasons such as globalization and growth aspects, FSMEs are forced to gain competitive advantage through international diversification. Internationalization of FSMEs can be influenced by unique characteristics of family firms.Purpose: Internationalization is a process where the decision of internationalization can be affected by several factors including resources. Among unique characteristics of family firms, FSMEs also possess family-specific resources that may influence these decisions. Hence the purpose of this study is to gain an in-depth understanding on which and how family-specific resources influence internationalization decisions.Method: With the use of a single case study method, we gained valuable insight of a Swedish candy manufacturing family firm which engaged in internationalization successfully. The data was collected through in-depth interviews, observations, company website, published press interviews, press articles and other databases.Conclusion: Internationalization can be a daunting decision for family firms where availability of resources play a major role. The key family-specific resources that influenced the decision of internationalization of the family firm studied in this thesis were bridging social capital, human capital and governance capital. The remaining capitals may have contributed to the internationalization process. Other than the family-specific resources, factors such as generational change and ability to gain substantial financial support in further influenced their internationalization decisions. These findings likewise confirm the existence of heterogeneity of family firms which makes them unique.

Bakgrund:  Företagskluster är ett aktuellt fenomen för företags- och regioners utveckling. Familjeföretag är en typ av företag och anses spela en betydande roll för ett kluster och därför undersöks samspelet som ett kluster har gentemot familjeföretag.   Syfte: Att skapa en förståelse för samspelet mellan familjeföretag och kluster.   Metod: För att besvara syftet har studien använt sig av ostrukturerade intervjuer samt en modifikation av en induktiv ansats. Intervjuerna har genomförts med fyra familjeföretag i regionen Lammhult och Gnosjö, samt med VD:n från Värnamo Näringsliv.   Resultat: Det finns ett samspel mellan familjeföretag och kluster. Samspelet är starkare för vissa företag medan det är svagare för andra. Mycket av samspelet beror på om familjeföretaget bedriver en verksamhet som speglar den dominerande branschen som finns i klustret eller inte. Vidare är det de privata relationer och den lokala förankringen som familjeföretagen har i ett kluster som utmärker och bidrar till klustrets välmående och samspelet för samtliga familjeföretag / Background: Clusters is a phenomenon when considering regional and corporate development. Family-owned businesses seems to play a particular role in clusters and therefore the interplay between clusters and family-owned businesses will be examined.   Purpose: To create an understanding for the interplay between family-owned businesses and clusters.   Methodology: To answer the purpose this study was based on unstructured interviews as well as a modified version of an inductive approach. The interviews were completed with four family-owned businesses in the region Lammhult and Gnosjö, as well as with the CEO of Värnamo Näringsliv.   Conclusion: The interplay between family-owned business and cluster does exist. For some businesses, the interplay is stronger than with other. A lot of the interplay depends on if the industry of the family-owned businesses is reflecting the industry of the cluster. Furthermore, the private relations and the local anchoring that the family-owned businesses have in a cluster does contribute to the clusters prosperity and the interplay for all family-owned businesses in the cluster.

Made available in DSpace on 2015-03-05T19:11:29Z (GMT). No. of bitstreams: 0 Previous issue date: 16 / Nenhuma / O presente estudo buscou identificar, a partir da realização de uma pesquisa de campo, as características mais presentes no modelo de gestão e no processo sucessório das empresas familiares da amostra, para inferir, a partir das observações realizadas, aquelas que possam explicar a longevidade e/ou brevidade destas empresas. Para alcançar tal objetivo, optou-se por uma abordagem qualitativa baseada unicamente em entrevistas e na inferência do pesquisador, tendo sido entrevistados executivos da mais alta gestão de setenta e uma empresas do Estado do Rio Grande do Sul, nas regiões da Grande Porto Alegre, do Vale do Rio dos Sinos e do Vale do Taquari. A partir dos dados coletados, orientados por um roteiro de entrevistas, foram analisados e comparados entre si os modelos de gestão das empresas objeto da pesquisa, sempre comparando-os com o que versa a literatura sobre o tema, buscando correlacioná-los e encontrar similaridades. Com os resultados obtidos, pôde-se concluir que as empresas de maior porte, com parti / This study aims at identifying the characteristics present in the management model and successional process of the family business of the sample. A field research was carried out to collect information, which then generated observations and subsequently led to inferences on how the above mentioned characteristics may have influenced the enterprises’ long or brief life. To accomplish this purpose it was chosen a qualitative approach based both on interviews and the researcher’s inferences. High management businessmen of seventy-one companies were interviewed in Rio Grande do Sul State (southern Brazil) in the following geographical regions: Metropolitan Porto Alegre, Rio dos Sinos and Taquari Valleys. From the data collected, it was analysed and compared the management models of these enterprises; furthermore, they were also compared with the current literature on this theme, in an attempt to relate them and find similarities. From the results it was possible to conclude that large-sized companies, with signif

Submitted by Silvana Teresinha Dornelles Studzinski (sstudzinski) on 2016-02-15T16:52:37Z No. of bitstreams: 1 Mario Alex Pedersen_.pdf: 426322 bytes, checksum: 9d2f280f84875245cff48d671d63535f (MD5) / Made available in DSpace on 2016-02-15T16:52:37Z (GMT). No. of bitstreams: 1 Mario Alex Pedersen_.pdf: 426322 bytes, checksum: 9d2f280f84875245cff48d671d63535f (MD5) Previous issue date: 2003-03-20 / CAPES - Coordenação de Aperfeiçoamento de Pessoal de Nível Superior / Este estudo desenvolveu-se dentro da temática relacionada a disponibilização da informação contábil nas empresas, como elemento de apoio ao seu processo decisório. Nesse sentido, realizou-se uma pesquisa de campo junto a uma amostra de 17 empresas industriais de grande porte, sediadas na região da serra do Estado do Rio Grande do Sul, tendo sido possível constatar que nas empresas ocorre um preocupante atraso na disponibilização das informações contábeis, que se entende deveriam contribuir de forma decisiva para a adoção de decisões. Utilizou-se, para fins de comparação, os resultados de pesquisas realizadas em épocas anteriores e com amostras distintas, tanto em seus tamanhos quanto em relação ao perfil das empresas estudadas, não tendo-se constatado, de maneira geral, grande mudança no comportamento das empresas, especialmente, nas sediadas no Estado do Rio Grande do Sul, as quais por sua natureza de empresas familiares sofrem uma administração mais conservadora. / This paper was developed with a theme in the accountable information enterprises, as the element of foundation to its deciding process. This way, a field research was made with 17 enterprises industries of large tonnage, in the region of the Serra in the State of Rio Grande do Sul, have been possible to show that in the enterprises it happens a preoccupying delay in the availability of accountable iinformation, that if it were to wait, it could contribute to make decisive adoptive decisions. It was used, for the final comparison, the results of the research obtained in former seasons and with different samples, as in their size and taking ander consideration the profile of the enterprises studied, can be understood that, in general, relevant changes in the conduct of the enterprises, especially those placed in the State of Rio Grande do Sul, ahich is suffers a more conserved administration due to their familiar nature.