The Role of Governance Structure in the Context of Crisis Management
An Empirical Analysis on a German Sample of Non-Family and Family Businesses
The Role of Governance Structure in the Context of Crisis Management
An Empirical Analysis on a German Sample of Non-Family and Family Businesses
Both practitioners and scholars agree that organizations that are ready to cope with crisis should be better able to manage it than organizations which are not prepared. As, due to their company characteristics, family businesses are exposed to additional causes of crisis beyond the usual causes all companies face, preparing for crisis is of specific importance to them.
Based on empirical investigations, Pedram Faghfouri shows that non-family businesses are more likely to prepare for crisis when compared to family businesses. The author's findings let further suggest that the existence of a supervisory board has a positive effect on the degree of crisis readiness of a family business. Moreover, in family businesses with supervisory boards, the involvement of family members in the top management team seems to have a negative effect on the degree of crisis readiness.Turnaround Management - State of the Art
Crisis management in family businessesEmpirical studies: Methods and sample
How family members in the TMT and the existence of supervisory boards affect EWSs in family businesses
Differences in the crisis readiness of family and non-family businesses - does a supervisory board matter?
Summary.
Faghfouri, Pedram
| ISBN | 978-3-658-00595-5 |
|---|---|
| Artikelnummer | 9783658005955 |
| Medientyp | Buch |
| Copyrightjahr | 2012 |
| Verlag | Springer, Berlin |
| Umfang | XVII, 190 Seiten |
| Abbildungen | XVII, 190 p. 18 illus. |
| Sprache | Englisch |
