Family Firms with New Leaders in the Global Market – A Potential Success Story?
| Autor: | Miklós Kozma, Ticián Baranyai |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Economics and Econometrics
Family business Economics Fallstudie Control (management) Management Science Generation enterprise Sociology of Economics Eastern Europe Unternehmen Sociology & anthropology business transfer Cultural background case study Extant taxon Mikrozensus Political science 0502 economics and business ddc:330 Leadership style microcensus Economic geography Internalisierung Unternehmensnachfolge Hungary family business 05 social sciences Wirtschaft Osteuropa Management Familienbetrieb internalization Internationalization Current management Soziologie Anthropologie Ungarn 050211 marketing Strategic management ddc:301 Wirtschaftssoziologie 050203 business & management |
| Zdroj: | Acta oeconomica : periodical of the Hungarian Academy of Sciences Budapest S2 |
| ISSN: | 1588-2659 0001-6373 |
| DOI: | 10.1556/032.2019.69.s2.6 |
| Popis: | The focus of our research is the internationalisation of the small-medium size family fi rms in Hungary, with particular attention to the effect of generational change on internationalisation. Our examination is based on interviews with the current management of six family fi rms from different industries. We had two research propositions: First, we analysed if and how successors in the family businesses were more open to the internationalisation of the company. Our results provide insights refl ecting that the predecessors are usually quite open, and successors are not always as open when they assume control over the company, unlike the existing internationalisation patterns of family fi rms would suggest. Potential explanations reveal related characteristics of the Central-Eastern European (CEE) region. Secondly, in terms of how and why the leadership style and approach of the predecessors affect the internationalisation of family fi rms, our fi ndings from different cases vary. The historical and cultural background of the family fi rms’ founders and early-generation successors exert notable infl uence on the internationalisation process, while the role of predecessors’ personal characteristics may not be as strong a driver of internationalisation as previously suggested. The management implications of our fi ndings suggest that the Hungarian family fi rms show regional patterns in terms of their internationalisation, and generic approaches to generational change and succession may not explain the process as much as extant literature on international family business suggests. |
| Databáze: | OpenAIRE |
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