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HEIDER ANNEK, CLAUSS THOMAS, HÜLSBECK MARCEL, GERKEN MAIKE, RÜSEN TOMA. BLOOD IS THICKER THAN WATER: THE ROLE OF FAMILY WILLINGNESS AND FAMILY ABILITY IN ACHIEVING HOLISTIC DIGITALISATION IN FAMILY BUSINESSES. INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT 2022. [DOI: 10.1142/s1363919622400096] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 11/18/2022]
Abstract
Recently, studies have highlighted the importance of a holistic digitalisation that incorporates process digitalisation, product digitalisation as well as digital transformation involving redefinitions of business models and organisational identities. Whereas previous studies either aimed for generalisability across firms, or investigated digital transformation projects in particular industries, only very few studies investigated the particularities of family businesses (i.e., family influence) in the digitalisation context. Based on a unique dataset of 164 German family firms, our study sheds light on the role of family ability and family willingness for holistic digitalisation. Our results show that product digitalisation is statistically independent from family influence. Whereas process digitalisation benefits only from family ability, digital tranformation is bound to the families’ willingness to pursue the transformation.
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Affiliation(s)
- ANNE K. HEIDER
- Witten/Herdecke University, Witten Institute for Family Business, Alfred-Herrhausen Str. 48, 58448 Witten, Germany
| | - THOMAS CLAUSS
- Witten/Herdecke University, Witten Institute for Family Business, Alfred-Herrhausen Str. 48, 58448 Witten, Germany
| | - MARCEL HÜLSBECK
- Witten/Herdecke University, Witten Institute for Family Business, Alfred-Herrhausen Str. 48, 58448 Witten, Germany
| | - MAIKE GERKEN
- Witten/Herdecke University, Witten Institute for Family Business, Alfred-Herrhausen Str. 48, 58448 Witten, Germany
| | - TOM A. RÜSEN
- Witten/Herdecke University, Witten Institute for Family Business, Alfred-Herrhausen Str. 48, 58448 Witten, Germany
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Psychological ownership and stewardship behavior: The moderating role of agency culture. SCANDINAVIAN JOURNAL OF MANAGEMENT 2022. [DOI: 10.1016/j.scaman.2022.101209] [Citation(s) in RCA: 2] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 11/22/2022]
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The role of dyadic interactions between CEOs, chairs and owners in family firm governance. JOURNAL OF MANAGEMENT & GOVERNANCE 2021. [DOI: 10.1007/s10997-020-09561-7] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Track Full Text] [Subscribe] [Scholar Register] [Indexed: 10/22/2022]
Abstract
AbstractThe objective of this case-based study is to understand how the dyadic interaction between the key governance actors can influence the decision-making aimed at directing and controlling a family firm. The study provides evidence that dyadic interaction at the back stage of the formal governance process can offer a privileged position for the family firm owners who serve on the board, and the non-family member Chair of the Board, to influence decision-making before, after and between board meetings. The cases studied suggest that dyadic interactions can serve as preparation for formal board processes and complement and clarify them, yet they also have the potential to conflict with them. Dyadic interaction is also shown to offer important relational and emotional benefits that may not necessarily be achieved through larger group interaction. The findings suggest that although the actors can self-regulate their behaviour through informal rules, the rules may imperfectly address one risk of dyadic interaction—the reduced cognitive conflict among the board.
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