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Family involvement in and institutionalization of family businesses: A research

Author

Listed:
  • Evren Ayranci

    (Faculty of Economics and Administrative Sciences,Istanbul Aydin University, Turkey)

Abstract

This study considers family involvement (presence of family) in business context, with the aim of understanding from the perspective of institutionalization how this involvement affects the pillars of institutionalization. The study considers the top managers of family businesses in Turkey’s four largest cities, and hence draws a general picture of this subject in Turkey. The results reveal that top managers show a resistance towards institutionalization: if the adoption of rules regarding the family’s presence in relation to the business context is sufficiently well emphasized, then it is not particularly necessary to emphasize the institutionalization of managerial, financial, and succession issues.

Suggested Citation

  • Evren Ayranci, 2010. "Family involvement in and institutionalization of family businesses: A research," Business and Economic Horizons (BEH), Prague Development Center, vol. 3(3), pages 83-104, October.
    • Handle: RePEc:pdc:jrnbeh:v:3:y:2010:i:3:p:83-104
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    Citations

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    Cited by:

    1. Merino, Fernando & Monreal-Pérez, Joaquín & Sánchez-Marín, Gregorio, 2012. "Family firm internationalization: Influence of familiness on the Spanish firm export activity," Kiel Working Papers 1770, Kiel Institute for the World Economy (IfW Kiel).
    2. Nurten Dede & Evren Ayranci, 2014. "Exploring the connections among spiritual leadership, altruism, and trust in family businesses," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(6), pages 3373-3400, November.
    3. Evren Ayranci, 2017. "Trust Issue in Family Businesses and Its Relationships with Institutionalization," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(10), pages 26-40, October.

    More about this item

    Keywords

    Institutionalization; family; involvement; family business; Turkey.;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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