Business and Management INK

Family Business: Part 2 of 3

October 16, 2012 751

Welcome to part two of our series on family business. Today we congratulate two award winners who recently appeared on the Family Business Review podcast, which spotlights the latest research, developments and thought leaders in the field. Tune in or listen on iTunes as FBR Assistant Editor Karen Vinton of Montana State University talks with the authors about their findings–and gain some additional perspective from the Family Firm Institute (FFI) Practitioner blog below:

Dr. Cristina Bettinelli of the University of Bergamo in Italy discussed her article “Boards of Directors in Family Firms: An Exploratory Study of Structure and Group Process,” which was selected as the Best Article in FBR for 2011. It will be presented at the 2012 FFI Global Conference, which kicks off this Wednesday in Brussels. Click here for the podcast. From The Practitioner:

This research topic and Professor Bettinelli’s findings explore issues crucial to both family businesses and family business advisors. This article clearly demonstrates the important benefits that can be derived from having outside directors on a family business board, in particular the impact on board level processes that can enhance board effectiveness.This article represents a fine-grained extension of prior research into the composition and functioning of family business boards of directors with a particular focus on outside directors and group process. It tests hypotheses relating to board composition, expectations of effort required for deliberations, and the use of knowledge and skills of board members. It uses a multi-theoretical approach to shed new light on how best to configure BODs given the types of group process that are unique to a family business setting.

Dr. Jörn Block of the University of Trier in Germany discussed his article “How to Pay Nonfamily Managers in Large Family Firms: A Principal—Agent Model,” which was selected for honorable mention recognition as the journal’s best article of 2011. Click here for the podcast. From The Practitioner:

This article also explores a topic that is crucial to both family businesses and family business advisors:developing effective pay packages for non-family executives. Because the goals of family and non-family managers can differ, it is important to design pay packages that take into account those differences. The article draws on a well-rounded set of salient literature and is framed in terms of issues that are clearly relevant to the family business context. It represents a valuable extension of prior theorizing about agency and stewardship approaches to incentives, and short-term versus long-term decision criteria.

What are some additional family business-related topics that you’d like to see covered on Management INK? Let us know in the comments or send us an email.

Remember—even if you’re not in Brussels this week, you can still watch the 2012 FFI Global Conference live at FFI.org!

Business and Management INK puts the spotlight on research published in our more than 100 management and business journals. We feature an inside view of the research that’s being published in top-tier SAGE journals by the authors themselves.

View all posts by Business & Management INK

Related Articles

Sometimes, We Do Need a Narcissist
Business and Management INK
May 21, 2024

Sometimes, We Do Need a Narcissist

Read Now
From Collision to Collaboration: Bridging University and Industry Relationships
Business and Management INK
May 17, 2024

From Collision to Collaboration: Bridging University and Industry Relationships

Read Now
Motivation of Young Project Professionals: Their Needs for Autonomy, Competence, Relatedness, and Purpose
Business and Management INK
May 14, 2024

Motivation of Young Project Professionals: Their Needs for Autonomy, Competence, Relatedness, and Purpose

Read Now
A Complexity Framework for Project Management Strategies
Business and Management INK
May 10, 2024

A Complexity Framework for Project Management Strategies

Read Now
Bringing Theories into Conversation to Strategize for a Better World

Bringing Theories into Conversation to Strategize for a Better World

In this article, Ann Langley, Rikkie Albertsen, Shahzad (Shaz) Ansari, Katrin Heucher, Marc Krautzberger, Pauline Reinecke, Natalie Slawinski, and Eero Vaara reflect on the inspiration behind their research article, “Strategizing Together for a Better World: Institutional, Paradox and Practice Theories in Conversation,” found in the Journal of Management Inquiry.

Read Now
Exploring Discrimination Faced by Asian Nationals in the U.S. Labor Market

Exploring Discrimination Faced by Asian Nationals in the U.S. Labor Market

Amit Kramer, Kwon Hee Han, Yun Kyoung Kim, and Yun Kyoung Kim reflect on the hypotheses and observations that led to their article, “Inefficiencies and bias in first job placement: the case of professional Asian nationals in the United States.”

Read Now
Interorganizational Design for Collaborative Governance in Co-Owned Major Projects: An Engaged Scholarship Approach

Interorganizational Design for Collaborative Governance in Co-Owned Major Projects: An Engaged Scholarship Approach

Large projects co-owned by several organizations with separate, perhaps competing, interests and values are characterized by complexity and are not served well […]

Read Now
0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments