IDEAS home Printed from https://ideas.repec.org/p/ebg/iesewp/d-1070.html
   My bibliography  Save this paper

Key Issues in Family Councils: Insights from the Spanish Experience

Author

Listed:

Abstract

As successful families in business grow in family size and number of shareholders, they commonly develop a particular kind of family organization, often referred to as the family council. This family organization usually becomes the family's central governing body. Although family councils are very common among highly complex multigenerational family-owned businesses, implementing them appears to be a challenging task, as each family has its own idea and this idea is likely to evolve over time. With the aim of helping families in business reflect upon or review their family governance system, the present study aims at learning from the experience of 16 Spanish family-owned businesses by analyzing different areas of interest such as the different types of family councils, their key features, the reasons for starting a family council, the objectives of creating a family council, the stages of a family council and the characteristics of other governance structures connected to the family council. Investigating these issues can help multigenerational family-owned businesses to succeed as well-structured organizations that keep the family connected and committed towards a common mission, vision and values. Limitations and future research are also discussed.

Suggested Citation

  • Barbat, Jorge & Ceja, Lucía & Tàpies, Josep, 2013. "Key Issues in Family Councils: Insights from the Spanish Experience," IESE Research Papers D/1070, IESE Business School.
    • Handle: RePEc:ebg:iesewp:d-1070
    as

    Download full text from publisher

    File URL: http://www.iese.edu/research/pdfs/WP-1070-E.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nordqvist, Mattias & Hall, Annika & Melin, Leif, 2009. "Qualitative research on family businesses: The relevance and usefulness of the interpretive approach," Journal of Management & Organization, Cambridge University Press, vol. 15(3), pages 294-308, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kandade, Kiran & Samara, Georges & Parada, Maria José & Dawson, Alexandra, 2021. "From family successors to successful business leaders: A qualitative study of how high-quality relationships develop in family businesses," Journal of Family Business Strategy, Elsevier, vol. 12(2).
    2. Francesca Maria Cesaroni & Gail Denisse Chamochumbi Diaz & Annalisa Sentuti, 2021. "Family Firms and Innovation from Founder to Successor," Administrative Sciences, MDPI, vol. 11(2), pages 1-19, May.
    3. Indra Abeysekera & Kim Tien Tran, 2021. "The Coronavirus as a Disrupter of a Sustainable Small Early Childhood Family Business in Vietnam," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    4. Conz, Elisa & Lamb, Peter William & De Massis, Alfredo, 2020. "Practicing resilience in family firms: An investigation through phenomenography," Journal of Family Business Strategy, Elsevier, vol. 11(2).
    5. Dessì, Cinzia & Dettori, Angela & Floris, Michela, 2023. "Exploring different configurations of entrepreneurial orientation in small artisan family firms: A multi-case study," Journal of Family Business Strategy, Elsevier, vol. 14(3).
    6. Nonyelum Lina Eze & Mattias Nordqvist & Georges Samara & Maria José Parada, 2021. "Different Strokes for Different Folks: The Roles of Religion and Tradition for Transgenerational Entrepreneurship in Family Businesses," Entrepreneurship Theory and Practice, , vol. 45(4), pages 792-837, July.
    7. Francesca Maria Cesaroni & Annalisa Sentuti, 2019. "Il cambiamento dei sistemi di controllo manageriale e il processo di successione nelle imprese familiari. Quali possibili relazioni?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2019(1), pages 17-44.
    8. Murphy, Linda & Lambrechts, Frank, 2015. "Investigating the actual career decisions of the next generation: The impact of family business involvement," Journal of Family Business Strategy, Elsevier, vol. 6(1), pages 33-44.
    9. Fletcher, Denise & Massis, Alfredo De & Nordqvist, Mattias, 2016. "Qualitative research practices and family business scholarship: A review and future research agenda," Journal of Family Business Strategy, Elsevier, vol. 7(1), pages 8-25.
    10. Bąkiewicz Anna & Kasuma Jati & Hermawan Asep, 2022. "Family Business and Religion – Research Agenda," Journal of Intercultural Management, Sciendo, vol. 14(2), pages 4-40, December.
    11. Gaia Bassani & Cristiana Cattaneo & Francesca Maria Cesaroni & Annalisa Sentuti, 2018. "Sistemi di gestione e controllo e professionalizzazione delle imprese familiari. Uno strumento di accreditamento intraparentale?," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(2 Suppl.), pages 15-35.
    12. Aldrich, Howard E. & Brumana, Mara & Campopiano, Giovanna & Minola, Tommaso, 2021. "Embedded but not asleep: Entrepreneurship and family business research in the 21st century," Journal of Family Business Strategy, Elsevier, vol. 12(1).
    13. De Massis, Alfredo & Kotlar, Josip, 2014. "The case study method in family business research: Guidelines for qualitative scholarship," Journal of Family Business Strategy, Elsevier, vol. 5(1), pages 15-29.
    14. Simon, Alexandra & Marquès, Pilar & Bikfalvi, Andrea & Dolors Muñoz, M., 2012. "Exploring value differences across family firms: The influence of choosing and managing complexity," Journal of Family Business Strategy, Elsevier, vol. 3(3), pages 132-146.
    15. Teresa Fayos & Haydeé Calderón & Juan Manuel García-García & Belén Derqui, 2022. "The upcoming rise of SMEs in cross-border public procurement: is it a matter of networking capabilities?," Journal of International Entrepreneurship, Springer, vol. 20(4), pages 537-563, December.
    16. Marcela Ramírez‐Pasillas & Hans Lundberg & Mattias Nordqvist, 2021. "Next Generation External Venturing Practices in Family Owned Businesses," Journal of Management Studies, Wiley Blackwell, vol. 58(1), pages 63-103, January.
    17. Myriam Cano‐Rubio & Rosa Lombardi & Guadalupe Fuentes‐Lombardo & Pedro Núñez‐Cacho, 2021. "Familiness, business strategy and stakeholder engagement: The internationalisation of Spanish olive oil mills," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4258-4280, December.
    18. Woodfield Paul & Woods Christine & Shepherd Deborah, 2017. "Appreciating Entrepreneurship: A New Approach for Field Research," Entrepreneurship Research Journal, De Gruyter, vol. 7(2), pages 1-17, April.
    19. Kudlats, Jerry & Money, Arthur & Hair, Joseph F., 2014. "Correspondence analysis: A promising technique to interpret qualitative data in family business research," Journal of Family Business Strategy, Elsevier, vol. 5(1), pages 30-40.
    20. Nordqvist, Mattias & Melin, Leif, 2010. "The promise of the strategy as practice perspective for family business strategy research," Journal of Family Business Strategy, Elsevier, vol. 1(1), pages 15-25, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebg:iesewp:d-1070. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Noelia Romero (email available below). General contact details of provider: https://edirc.repec.org/data/ienaves.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.