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Understanding Family Firms

Case Studies on the Management of Crises, Uncertainty and Change

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  • © 2011

Overview

Part of the book series: SpringerBriefs in Business (BRIEFSBUSINESS)

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Table of contents (10 chapters)

Keywords

About this book

Family-owned and managed firms are often beset by a variety of crises that can impact the firm’s very survival. These may include changes in technology, deaths of critical family members, competition within an industrial sector, shifts in market dynamics and product mixes, economic turmoil, political upheaval and revolution, firm growth, succession, and selecting new firm leadership.  Such crises may be internal to the firm or a function of the external environment, and several may occur simultaneously; all of them contribute to a context of uncertainty, risk, and change, presenting particular challenges that are unique to family-owned businesses.

This volume presents eight in-depth case studies of family-owned firms that represent a variety of industries and situations.  Each case explores the dynamics of managing in chaotic environments and how family leadership responded to crises.  Lessons learned from these experiences will help readers understand how to solve problems under conditions of uncertainty and how to avoid failure, when the survival of the firm is at stake.  Featuring questions and learning notes designed to engage the reader directly, this volume will be a valuable resources for students and members of entrepreneurial and family-owned firms, as well as consultants, investors, and other professional advisors. 

Authors and Affiliations

  • Ryerson University, Toronto, Canada

    Alan L. Carsrud

  • Dept. Business Administration, Swedish University Abo, Turku, Finland

    Malin Brännback

Bibliographic Information

  • Book Title: Understanding Family Firms

  • Book Subtitle: Case Studies on the Management of Crises, Uncertainty and Change

  • Authors: Alan L. Carsrud, Malin Brännback

  • Series Title: SpringerBriefs in Business

  • DOI: https://doi.org/10.1007/978-1-4614-0866-6

  • Publisher: Springer New York, NY

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Alan L. Carsrud and Malin Brännback 2011

  • Softcover ISBN: 978-1-4614-0865-9Published: 14 September 2011

  • eBook ISBN: 978-1-4614-0866-6Published: 15 September 2011

  • Series ISSN: 2191-5482

  • Series E-ISSN: 2191-5490

  • Edition Number: 1

  • Number of Pages: X, 102

  • Number of Illustrations: 2 b/w illustrations

  • Topics: Family Business, Management

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