Strategic profiles and evolution of family businesses in the Netherlands

Leenders, M and Waarts, E 2008, 'Strategic profiles and evolution of family businesses in the Netherlands' in V. Gupta, N. Levenburg, L.L. Moore, J. Motwani, T.V. Schwartz (ed.) Culturally-sensitive models of family business in Germanic Europe: A compendium using the GLOBE paradigm, Icfai University Press, Hyderabad, India, pp. 160-183.


Document type: Book Chapter
Collection: Book Chapters

Title Strategic profiles and evolution of family businesses in the Netherlands
Author(s) Leenders, M
Waarts, E
Year 2008
Title of book Culturally-sensitive models of family business in Germanic Europe: A compendium using the GLOBE paradigm
Publisher Icfai University Press
Place of publication Hyderabad, India
Editor(s) V. Gupta, N. Levenburg, L.L. Moore, J. Motwani, T.V. Schwartz
Start page 160
End page 183
Subjects Organisation and Management Theory
Summary In this study, we make a distinction between a firm's family and business orientation. The two dimensions are used to develop a space of family businesses that include 'Houses of Business', 'Family Money Machines', 'Family Life Traditions', and 'Hobby Salons'. In the first part of this study, we test the validity of the dimensions. Our empirical research among family businesses (n =220) shows that, based on the orientations, different types of firms co-exist. As expected, we find that differences in family and business orientation result in different advantages and disadvantages with respect to performance indicators such as motivation, conflict resolution and continuity. In an in-depth follow up study among 24 family businesses, we learned that evolutions on the family dimension do not follow a clear pattern. But, for the business dimension there is a natural tendency to become stronger over time, resulting in a trajectory towards a House of Business and a Family Money Machine.
Copyright notice © 2008 V. Gupta / Icfai University Press
Keyword(s) family businesses
Netherlands
ISBN 8131412258
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