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24788
Management control systems and performance in small and medium family firms
Antonio Duréndez, Daniel Ruíz-Palomo, Domingo García-Pérez-de-Lema, Julio Diéguez-Soto
European Journal of Family Business. 2016;6:10-20
24788
Highlights

  • Family businesses use less management control systems than nonfamily firms.

  • The use of MCS has a positive influence on business performance.

  • Firm managers and practitioners should foster the development of MCS to improve firm performance and competitiveness.

Open access
18111
Measuring fraud and earnings management by a case of study: Evidence from an international family business
Alicia Ramírez-Orellana, María J. Martínez-Romero, Teresa Mariño-Garrido
European Journal of Family Business. 2017;7:41-53
18111
Highlights

  • This study empirically demonstrates the validity of the Beneish's model for the case of a Spanish quoted family business, Pescanova.

  • Identification of indexes aligned with the position of technical default shown by the pre-bankruptcy board of Pescanova.

  • Monitoring of two key ratios for business management as indicators of aggressive accounting practices.

  • This is the first case that applies the Beneish's model to the Spanish food sector.

Open access
16120
Organizational culture and family business: A configurational approach
Gregorio Sánchez Marín, Antonio José Carrasco Hernández, Ignacio Danvila del Valle, Miguel Ángel Sastre Castillo
European Journal of Family Business. 2016;6:99-107
16120
Highlights

  • Family involvement in the business influences the adoption of a clan culture orientation.

  • Family firm culture is internally group oriented, based on emotional and personalist values.

  • Non-family business is oriented towards market and hierarchy cultures.

Open access
12319
Gender issues related to choosing the successor in the family business
Covadonga Aldamiz-Echevarría, Idoia Idígoras, María-Azucena Vicente-Molina
European Journal of Family Business. 2017;7:54-64
12319
Highlights

  • Perception of succession process regarding to gender does not seem to match reality.

  • Once known, women's management capabilities are very much appreciated.

  • Bearing in mind women as potential successors is positive to the achievement of the FB.

Open access
11847
International business & family business: Potential dialogue between disciplines
José C. Casillas, Ana M. Moreno-Menéndez
European Journal of Family Business. 2017;7:25-40
11847
Highlights

  • Evolution of the literature combining international business and family firms.

  • Six promising areas for research through a dialogue between both disciplines.

  • A model for future research is proposed, linking the six topics.

Open access
10705
SEW: Looking for a definition and controversial issues
M. José Martínez-Romero, Alfonso Andrés Rojo-Ramírez
European Journal of Family Business. 2016;6:1-9
10705
Open access
10231
Corporate social responsibility in family SMEs: A comparative study
Pedro Juan Martín Castejón, Beatriz Aroca López
European Journal of Family Business. 2016;6:21-31
10231
Highlights

  • In recent years, Corporate Social Responsibility (CSR) has attracted much interest in both the academic world and the professional.

  • The objective of this research is to determine whether there are differences in orientation towards CSR between family SMEs and non-familiar ones.

  • The results indicate that family SMEs are more socially responsible than no familiar ones.

Open access
9342
An approach to patronymic names as a resource for familiness and as a variable for family business identification
Fernando Olivares-Delgado, Alberto Pinillos-Laffón, María Teresa Benlloch-Osuna
European Journal of Family Business. 2016;6:32-45
9342
Open access
9198
Family and non-family business behaviour in the wine sector: A comparative study
Ismael P. Soler, German Gemar, Rafael Guerrero-Murillo
European Journal of Family Business. 2017;7:65-73
9198
Highlights

  • A means test was carry out after categorising the wineries as familiar or not.

  • Return on assets (ROA) and operating margin were higher on family wineries.

  • Relative debt and debt ratio were higher in companies considered as non-family.

  • Return on equity (ROE) was equal between the different wineries.

  • The size does not differ between the groups.

Open access
8726
How has the family firm literature addressed its heterogeneity through classification systems? An integrated analysis
Remedios Hernández-Linares, Soumodip Sarkar, Mª Concepción López-Fernández
European Journal of Family Business. 2017;7:1-13
8726
Highlights

  • There is a growing chorus for the need to reflect on the heterogeneity of the family business concept.

  • An effective classification system must be based on the characteristics of the entities being classified.

  • We review extant classification systems and previous family firm definitions.

  • The core elements of the definitions are identified by bibliometric tools.

  • We analyze whether existing classifications systems are based on their main characteristics.

Open access
7465
Composition of familiness: Perspectives of social capital and open systems
Myriam Cano-Rubio, Guadalupe Fuentes-Lombardo, María Jesús Hernández-Ortiz, Manuel Carlos Vallejo-Martos
European Journal of Family Business. 2016;6:75-85
7465
Highlights

  • Covers a gap in the literature regarding the composition of familiness.

  • Defines the variables found in familiness and so helps enable the measurement of familiness in all family firms.

  • Enables conclusions and comparisons to be made about strategic decisions in family firms.

Open access
7006
Familiness and socioemotional wealth in Spanish family firms: An empirical examination
Ismael Barros, Juan Hernangómez, Natalia Martin-Cruz
European Journal of Family Business. 2017;7:14-24
7006
Highlights

  • Family firms build on familiness and SEW.

  • SEW has a positive impact on organizational effectiveness.

  • Essence has a partial mediating effect on the relation between involvement and SEW.

Open access
6944
The impact of family business strategies on hotel room prices
Ismael P. Soler, Germán Gémar
European Journal of Family Business. 2016;6:54-61
6944
Highlights

  • Price is a key variable in research on profitability and brand management.

  • The impact of being a family-business hotel on hotel room rates was analysed.

  • A hedonic price model was used.

  • Being a family-business hotel has a significant negative impact on room price.

Open access
5477
Conditional mediation of competitive strategy and environment in international entrepreneurial orientation of family businesses
Felipe Hernández-Perlines, Esteban Mancebo-Lozano
European Journal of Family Business. 2016;6:86-98
5477
Open access
5103
Impact of financial crisis and family control on earning management of Portuguese listed firms
Inês Lisboa
European Journal of Family Business. 2016;6:118-31
5103
Open access
4952
Knowledge management, flexibility and firm performance: The effects of family involvement
Antonio J. Carrasco-Hernández, Daniel Jiménez-Jiménez
European Journal of Family Business. 2016;6:108-17
4952
Open access
3987
Internal market orientation and work-family balance in family businesses
Jose Ruizalba, Anabela Soares, María Vallespín Arán, José Luis González Porras
European Journal of Family Business. 2016;6:46-53
3987
Highlights

  • Employees of half of the Andalusian family owned businesses analyzed still do not perceive a high level of WFB.

  • Micro firms are those that reveal more active implementation of WFB.

  • WFB has a positive impact on job satisfaction and employee's commitment in family firms in Andalusia.

Open access
3641
President interlocking, family firms and performance during turbulent times: Evidence from Latin America
Karen Watkins-Fassler, Virginia Fernández-Pérez, Lázaro Rodríguez-Ariza
European Journal of Family Business. 2016;6:63-74
3641
Highlights

  • President interlocking in LA firms is positively associated with performance.

  • The association between performance and interlocks depends on corporate governance.

  • This favorable relationship is mitigated where expropriation odds are higher.

Open access