Family and Owner-Managed Companies Books

Book SynopsisFrom Victoria Glendinning, winner of the Duff Cooper Prize, the James Tait Black Prize and (twice) the Whitbread Prize for Biography.It'sSuccessionin tailcoats and spats This is a vivid and eye-opening group biography, backgrounded by the rise of supermarket moguls from humble beginnings' Sunday TimesWho was John Lewis? What story lies behind the retail empire that bears his name? Behind the glass windows and displays of soft furnishing, this book reveals the family that founded the shops in all their eccentricities, and whose relationships became blighted by conflicts of epic proportions as their wealth bloomed.Born into poverty, John Lewis was orphaned at the age of seven when his father died in a Somerset workhouse. Dreaming of a better life, the young man travelled to London at the start of what would become a retail revolution. From early years as a draper's apprentice, we see how Lewis's first pokey little business opened on Oxford Street in 1864, and expanded as an emerging midTrade Review‘The store that changed shopping was built by a dynasty whose secrets, fights and feuds would have made gripping TV drama … Victoria Glendinning is an eminent literary biographer whose subjects include Vita Sackville-West and Edith Sitwell. So what possessed her to write about a 157-year-old commercial enterprise famous for affordable haberdashery, wedding-list glassware and cute Christmas TV commercials? The answer lies in the subtitle: Glendinning’s story of the Lewis dynasty is extremely “intimate” — a saga of family fights and obsessions, epic stand-offs and wild ambitions, stressed-out womenfolk and unhappy children. It’s Succession in tailcoats and spats … This is a vivid and eye-opening group biography, backgrounded by the rise of supermarket moguls from humble beginnings’John Walsh, Sunday Times ‘You’ll never look at John Lewis in the same away after reading this compelling survey of the family behind the department store … Glendinning’s fascination is contagious, and she blends in the ingredients of a family saga with insights into the partnership’s ethical underpinnings, acknowledging the romance of golden-age bricks-and-mortar retail as well as its uncertain future’Observer ‘She brings the Lewis family to life with wry commentary and telling detail’Financial Times ‘Lucky John Lewis. As company histories go, nobody could wish for a more skilful chronicler than Victoria Glendinning, who has a slew of biographies to her name. She calls her work an ‘intimate history’, and indeed it is full of domestic rows, curious relationships … [It offers] careful documentation of a remarkable retail experiment’Literary Review

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Book SynopsisIf you want your products still to be on the market five years from now, you need a fully implemented compliance strategy.E-cigarette brands are facing increasing regulation globally. Only if you address this through robust processes and implement a future-proof compliance strategy will you be able to access the retail channels you need for your business to survive..Based on more than thirty years combined vape industry experience, this book is the go-to reference for both pioneers and the 'Mom & Pop' operations of the vape industry to comply with fundamental regulatory requirements and continue to develop effective harm reduction alternatives to combustible tobacco.How Safe Is Your Vape? will help you to: Create the vape compliance strategy that fits your business Understand and be prepared to demonstrate due diligence to clients and authorities Acquire the knowledge to sell your products even in the most highly regulated and enforced markets Make a lasting contribution to the fight against combustible tobacco

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Book SynopsisThe family business arena is dynamic. Family business owners, managers, and practitioners need to be aware of changing management approaches, processes, and strategies to allow them to respond to global competition in an increasingly chaotic world – as emphasised by the COVID-19 pandemic – whilst maintaining their businesses unique character, culture, and attributes. Family Business Debates provides a novel, ground-breaking approach to diverse and contemporary topics in current business management research, focusing on family enterprises to study both the positive and negative aspects of such commercial structures. Each chapter explores specific themes as they relate to family businesses and the authors developing a comprehensive and far-reaching perspective of family businesses from experts around the world, showcasing highly controversial topics in today’s global debate within family business and management. Offering unrivalled coverage of contemporary aspects of family business, Family Business Debates offers a unique focus on theory and applied research in family firms, particularly considering and reviewing the impact of research on policy and practice globally. It aims to communicate the latest family business research and knowledge worldwide for the benefit of scholars and family business practitioners. Trade ReviewIn “Family Business Debates: Multidimensional Perspectives Across Countries, Continents and Geo-political Frontiers”, the authors propose an exploratory journey in 18 stages towards one of the founding territories, and paradoxically less studied, of our economic system, the family business. The interaction of two complex systems, such as family and business, is addressed in this very interesting book, which first analyzes this confluence from a philosophical and sociological perspective and then illustrates the development of this business model in various geographies. The result? An essential text for those who want to understand the dynamics of family business, either for academic purposes or as support for their professional practice. -- Alejandro Javier Rosa, Partner in PwC ArgentinaThis book deepens through the contribution of relevant researchers and academics from around the world, fully reflecting the effort to generate valuable knowledge about a key sector in the current business world. Each chapter involves a crucial and controversial issue of the family business based on reflection, debate and analysis. Covers its idiosyncrasy in different countries, governance, social dimensions, good and bad practices, the entrepreneurship factor, among other themes. Complexity and exhaustive coverage of strategies, approaches, actions for those who manage family businesses in today's complex world, or for those who are interest to discuss, learn and internalize about the subject. The authors have made a unique, contemporary and innovative contribution that will leave its mark on the challenging future of family businesses. -- Fabiana Gadow, CEO of Korn Ferry ArgentinaThis book has been written mainly by new family business scholars from many different places worldwide and brings a new multidimensional and multicultural research agenda. The main objective is to have a high-quality debate between various stakeholders of the family business ecosystem. Academics will find fascinating insights about doing better research in a challenging environment and give examples of case studies that could bring exciting frameworks to the field. For practitioners, they will find valuable ideas to manage their organization through the complexity of the family firms and therefore survive this 5th wave. Some of these primary aspects discussed in the book are factors that influence the continuity of the organization, like how to create a good entrepreneur culture, strategies to become a large firm and how to implement corporate governance in a better way, avoiding bad practices as the concentration of power and corruption. Finally, for policy makers, there are good ideas to endorse family businesses in these new ecosystems. Therefore, I would like to congratulate my colleagues on this initiative that helps our field preserve our family businesses. -- Gonzalo Gómez-Betancourt; Ph.D, CEO Legacy & Management Consulting Group and Legacy School of Ownership."Family Business Debate" is an exciting journey between the theory of the researcher and the practice of the consultant who works with business families. With innovative, current topics and, in many cases, courageous approaches, the book explores little-known aspects of this type of organization. I know several of the authors of the articles, and I can assure you that, as writers, they have put their best into this work to ensure quality and adequate impact on the reader. If you are looking for multicultural perspectives to guide you in understanding today's family businesses, this book is one of the best choices. -- Guillermo Salazar, Founder of Exaudi Family Business Consulting.Table of ContentsPart I. Theory Chapter 1. Family Business Research: 5th Wave Perspectives; Oscar Javier Montiel Méndez, Salvatore Tomaselli, and Argentina Soto Maciel Chapter 2. Starting at the Beginning: A Scoping Review of Family Business Founders; Marie Segares Chapter 3. Critical studies in Family Businesses: What are we Afraid of?; Brian Gregory, Allan Discua Cruz, and Sarah L. Jack Chapter 4. Philosophical Foundations of Family Business Development; Ulises Campbell Manjarrez Chapter 5. Pedagogical Strategies for Family Business Members from a Lifelong Learning Perspective; Argentina Soto Maciel, Salvatore Tomaselli, and María Rodríguez García Chapter 6. The Social Family Enterprise: Towards a Disruptive Approach to Social Entrepreneurship; Mariana Zerón Félix Part II. Practice Chapter 7. Family Business Entrepreneurial Ecosystem: An Explorative Approach; Oscar Javier Montiel Méndez, Luisa C. Carvalho, and Adriana Martínez Chapter 8. Japanese Shinise: Long-standing Businesses and their Strategies to Protect the ie under Extreme Environments; Yunuen Ysela Mandujano-Salazar Chapter 9. Australian Family Businesses: Ready to Thrive Post COVID-19?; Donella Caspersz, Mare Stevanovski, and Pi-Shen Seet Chapter 10. From Small Business to Large Family Business: Discussions around Development and Evolution of Companies in Latin America and Spain; Araceli Almaraz and Javier Vidal Chapter 11. Knowledge on Boards of Directors of Family Firms: From Developed Economies to Latin America; Pedro Vázquez and Miguel Méndez Chapter 12. Managing Paradoxes in Family Firms: A closer look at Public Politics in Spain; Remedios Hernández-Linares, Vanessa Diaz-Moriana, and Valeriano Sánchez-Famoso Chapter 13. Family Business in Latin America: A Contextual Approach based on Three Cases from the Puuc Biocultural Region; Anel Flores-Novelo Chapter 14. Enabling Family Business Resilience - The Role of Female Leadership: Evidence from a Chinese Family Business; Yong Wang and Yanshuang Li Chapter 15. Sadism, Heterotopia, and Entrepreneurship: The Role of the “Family” in Family Business; R. Duncan M. Pelly and Melinda Roberson Chapter 16. Power and Corruption in Family Business: Perspectives and Cases; Manjula S.Salimath and Leyla Orudzheva Chapter 17. True Entrepreneur versus False Entrepreneur: Implications for Family Business; Rosa Azalea Canales García and Oscar Javier Montiel Méndez Chapter 18. The Impact of Entrepreneurial Orientation on Debt Financing of Family Businesses: Evidence from Nigeria; Afusat Jaiyeola, Yong Wang, and Samia Mahmood Testimonial (Family Business Consultant) Oscar Javier Montiel Méndez, Salvatore Tomaselli, and Argentina Soto Maciel

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Book SynopsisThe ebook edition of this title is Open Access and freely available to read online. Family constitutions in family-owned firms are becoming increasingly popular around the world. While some, though not much, research examining this trend has come from a management research perspective, legal scholarship of family constitutions is even scarcer. The first volume of this new series brings together chapters from the ‘Law and Management of Family Firms’ conference which took place at the Max Planck Institute for Comparative and International Private Law, Hamburg, presenting legal, managerial, historical and comparative perspectives of family constitutions. Family Firms and Family Constitution delves deeply into topics as diverse as ownership, succession, governance, justice and more, all from a managerial and legal perspective from around the world. The pioneering Law and Management of Family Firms series publishes volumes following the annual Hamburg Conference: Law and Management of Family Firms, the international and interdisciplinary forum for family business research. The conference is organized by the Max Planck Institute and the Institute for Mittelstand and Family Firms (HSBA Hamburg School of Business Administration). It brings together two distinct and previously disconnected disciplines of law and management, benefiting scholars, lawyers, consultants, and family office practitioners.Table of ContentsPart 1. Legal and Managerial Foundations Chapter 1. Family Companies and Family Constitutions: Historical and Comparative Perspectives; Holger Fleischer Chapter 2. Family Firms and Family Constitution – A Management Perspective; Stefan Prigge and Katharina J. Mengers Chapter 3. Discussion Report Part 1: Legal and Managerial Foundations; Felix Thiele Part 2. Managerial Research I: Conceptual and Qualitative Analyses Chapter 4. A Receiver Approach to Governance in Family Firms: The Role of Justice Perceptions; Isabel C. Botero and Tomasz A. Fediuk Chapter 5. Family Governance in Practice: Lessons Learned from a 100-Year-Old Entrepreneurial Family Firm; Ilse Matser, Rachel Heeringa, and Jan Willem van der Vloot van Vliet Chapter 6. Managing Dispersed Ownership within the Owner Family: The Role of Family Governance; Lena Jungell Chapter 7. Analysis of Critical Incidents for the Design of the Governance System; Hermut Kormann Chapter 8. Discussion Report Part 2: Managerial Research I: Conceptual and Qualitative Analyses; Julia Mara Rückert and Felix Thiele Part 3. Managerial Research II: Survey and Quantitative Analyses Chapter 9. An Examination of the Relationship between Governance Mechanisms and Performance: Evidence from the Australian Family Business Context ; Chris Graves, Donella Caspersz, and Jill Thomas Chapter 10. The Family Constitution as an Instrument of Corporate Governance in Family-Owned Companies; Patrick Ulrich and Sarah Speidel Chapter 11. Discussion Report Part 3: Managerial Research II: Survey and Quantitative Analyses; Felix Thiele Part 4. Legal Research Chapter 12. Facets of Family Constitutions: Conceptual Origins, Practical Approaches and Legal Implications; Sebastian Bong Chapter 13. Discussion Report Part 4: Legal Research I; Holger Fleischer Chapter 14. Succession in Family Businesses – Legal Frameworks; Susanne Kalss Chapter 15. Family Firms and Family Constitutions in France – A General Overview; Katrin Deckert Chapter 16. Discussion Report Part 4: Legal Research II; Holger Fleischer Chapter 17. Family Constitutions and the Complexity of Family Businesses from a Counsel´s Point of View; Lorenz Holler Chapter 18. Discussion Report Part 4: Legal Research III; Holger Fleischer Part 5. Conclusion Chapter 19. Directions for Future Research; Holger Fleischer and Stefan Prigge

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Book SynopsisIn this eye-opening and engaging book, founder and chief executive of REAL Success, Paul Harris, examines some of the hard truths and challenges behind why so many farm owners and managers struggle to maintain a thriving, happy and loyal workforce. The lessons and learning uncovered throughout this captivating story will help you think differently about your team and your role as a leader. Whether you’re working with family members, long-term employees or casual hired hands, you’ll see how careful listening and communication, as well as embracing the diversity and difference in your team, are key to creating a happy, supportive and successful working environment for everyone involved. Tensions and conflicts are rising on Peter’s farm, putting team and family dynamics under enormous pressure. Then a potentially devastating event forces everyone to reflect on their beliefs and attitudes. With help from the enigmatic ‘Chairman’ and driven by Peter’s wife’s deep desire to keep the family together and their business alive, the whole team comes together on an odyssey of change that will transform them, the farm and everyone’s future. Throughout the story you’ll discover insights and takeaways about how small changes in style and slight shifts in mindset can make a huge difference to the success of your team and how they feel about working with you, putting you, your farm and your team on course to a brighter future.Trade Review“A simple story with a powerful message.” Mike King – farm owner, Two Pools Farm“This story is typical of many farming families and teams.” Austin Knowles - farm owner, Hollings Hill Farm“This may be the making of your business. Read the story with an open mind to understand your team and your family.” Rupert Major - farm owner, Major Farming

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Book SynopsisThis book pursues an interdisciplinary approach to studying family firms as a particular type of business strongly embedded in the territories in which they are located. Featuring an in-depth analysis of original research, the book employs both theoretical and empirical approaches to explore family firms and their relationships with their home territories. The book shows that family firms have unique bonds with their local areas, and these bonds profoundly shape their decision-making and outcomes.The book addresses two research questions, namely, how the connections between family firms and their home territories originate and develop, and how they influence firms’ economic performance and their corporate social responsibility initiatives. Uniquely, it seeks to develop an integrated framework that brings together family firms, local contexts, and places while also presenting new empirical evidence of relevance to scholars, managers, and policymakers alike. In addition, the book responds to the need for a greater understanding of what anchors entrepreneurial families to their home territories and the conditioning effect of local roots on such firms’ behavior.Table of ContentsIntroduction.- Defining and Understanding the Family Firm.- The Spatial Dimension of Firm’s Economic Activity.- Firms in Territories: the Local Roots of Family Firms.- Family Firms, Corporate Social Responsibility and Place-Based Enterprises.- Unveiling the Origins of Local Roots: A Case Study in the Chianti Classico Wine Cluster.- The Role of Local Roots on the Economic Performance and Corporate Social Responsibility of Family Firms: a Quantitative Analysis.- Conclusions

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