Overview

This book addresses a selection of major topics in family businesses, namely ‘managerialization’ and ‘professionalization’, succession, internationalization, access to financial markets, and how governance and control systems can help family firms respond to common problems inherent in the business. Written by prominent experts, the respective chapters highlight the interactions between these topics in order to develop a systems view of the distinctive challenges, and of the potential roles that governance and control systems can play in these contexts. The book is divided into two main parts, the first of which reviews the current literature and develops a comprehensive theoretical framework. Based on these theoretical insights, the second part then interprets and discusses the empirical evidence, including case studies on family-run firms in Italy. 

Full Product Details

Author:   Antonio Leotta
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2020
Weight:   0.541kg
ISBN:  

9783030477400

ISBN 10:   3030477401
Pages:   233
Publication Date:   19 August 2020
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand  
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Table of Contents

An overview of family business. Profiles, definitions and the main challenges of the business life-cycle.- Professionalization and managerialization in family firms: A still open issue.- The survival of family businesses: The challenge of succession.- The growth of family businesses: the path to internationalization.- Investment decisions in listed family firms: risk aversion and emo-tional attachment.- Governing family business challenges. A research map.- Learning financial language to face on-going challenges. The case of Greenlife.- Professionalization and managerialization: original levers from Mo-lino Nicoli spa.- Beyond the founder. Which conditions can favor or hinder the profes-sionalization of family firms?.- Internationalization in family businesses. The case of Mamagra.- Family ownership and investment decisions. An empirical analysis on the role of board monitoring and CEO emotional attachment.- Discussing and concluding remarks.

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Author Information

Antonio Leotta is an Associate Professor of Accounting and Business Administration at the University of Catania (Italy), where he teaches undergraduate and master’s courses in management accounting. Previously, he was a visiting scholar at the University of Illinois at Urbana-Champaign (USA). His research interests include management control in strategic networks, healthcare, public organizations and family businesses.

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