By Laura Hougaz
This e-book is a longitudinal tale of 7 Italian-Australian family members company dynasties, spanning over 100 years throughout 3 generations, and beginning with the founding iteration who migrated to Australia within the first 1/2 the 20 th century. With labor and sacrifices, they set the rules of an enduring kinfolk tradition, and the values that shape the glue of a multigenerational relatives enterprise. The publication makes a speciality of the private, relatives, and enterprise values that continue relatives, throughout generations, carrying on with to have interaction jointly and effectively, as a family members and a enterprise. The ebook elaborates at the complexity of ‘what is a kin business’, what it represents for the generational individuals which are a part of it, how those kin companies have emerged, consolidated and improved, and eventually, how they proceed to outlive into the 3rd iteration, allowing the dynasty to flourish.
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Extra resources for Entrepreneurs in Family Business Dynasties: Stories of Italian-Australian Family Businesses Over 100 Years
These definitions do not provide clear insight into why these components are relevant, and why family involvement leads to behaviours that differ from nonfamily firms. According to Chua, Chrisman, and Steier (2003), the most important issue to be addressed in order to develop a theory of the family firm, is “how and why this form of organisation behaves and performs in a distinguishably different way from a nonfamily firm” (p. 334). Researchers do agree that family businesses are distinct from a nonfamily businesses, although exactly how remains partly unanswered.
Reeb, D. M. (2003). Founding family ownership and the agency cost of debt. Journal of Financial Economics, 68(2), 263–285. Astrachan, J. , & Allen, I. E. (2003). MassMutual/Raymond Institute American family business survey. Springfield, MA: Mass Mutual Financial. Astrachan, J. , & Shanker, M. C. (2003). Family businesses’ contribution to the US economy: A closer look. Family Business Review, 16(3), 211–219. Basu, A. (2000). Family and business: A study of Asian entrepreneurs in Britain. In P.
1990). Entrepreneurial success and occupational inheritance among proprietors. Canadian Journal of Economics, 23(3), 563–579. Loscocco, K. A. (1997). Work-family linkages among self-employed women and men. Journal of Vocational Behaviour, 50, 204–226. Lubaktin, M. , & Schulze, W. S. (2002). Fairness in family firms: Lessons from agency and justice theory. Proceedings: Second Annual Conference: The theories of the family enterprise. Philadelphia: Wharton School of Business. Lubaktin, M. , Schulze, W.
Entrepreneurs in Family Business Dynasties: Stories of Italian-Australian Family Businesses Over 100 Years by Laura Hougaz