Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Family Values and Value CreationThe Shape of Things to Come — Emotional Ownership and the Next Generation in the Family Firm

Family Values and Value Creation: The Shape of Things to Come — Emotional Ownership and the Next... [It is understandable that the family business field is highly business-focused, yet whether value is created and sustained — or wantonly destroyed — is in almost all cases due to the family and its dynamic. Some families are able to generate remarkable “family capital,” based on a mixture of strong values and positive relationships that sustains a market-beating culture, but some others are clearly highly dysfunctional. Indeed, some become so as a result of the pressures that owning and running a business bring to bear on the family (Gordon and Nicholson, 2008). They lack the adaptability and resilience to be able to harness the forces underlying the business and drive them in a positive direction. Indeed, businesses doubly test families by not only subjecting them to unusual pressures, but also by locking them into a shared fate when otherwise members might better escape, to develop in their own personal directions.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Family Values and Value CreationThe Shape of Things to Come — Emotional Ownership and the Next Generation in the Family Firm

Part of the A Family Business Publication Book Series
Editors: Tàpies, Josep; Ward, John L.
Nicholson, Nigel; Björnberg, Åsa
Family Values and Value Creation — Oct 21, 2015
Download PDF
23 pages

Loading next page...
 
/lp/springer-journals/family-values-and-value-creation-the-shape-of-things-to-come-emotional-y0OyEm5CR2

References (36)

Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2008
ISBN
978-1-349-30332-8
Pages
29 –52
DOI
10.1057/9780230594227_3
Publisher site
See Chapter on Publisher Site

Abstract

[It is understandable that the family business field is highly business-focused, yet whether value is created and sustained — or wantonly destroyed — is in almost all cases due to the family and its dynamic. Some families are able to generate remarkable “family capital,” based on a mixture of strong values and positive relationships that sustains a market-beating culture, but some others are clearly highly dysfunctional. Indeed, some become so as a result of the pressures that owning and running a business bring to bear on the family (Gordon and Nicholson, 2008). They lack the adaptability and resilience to be able to harness the forces underlying the business and drive them in a positive direction. Indeed, businesses doubly test families by not only subjecting them to unusual pressures, but also by locking them into a shared fate when otherwise members might better escape, to develop in their own personal directions.]

Published: Oct 21, 2015

Keywords: Family Firm; Career Development; Family Business; Attachment Style; Social Identification

There are no references for this article.