Salta al menu principale di navigazione Salta al contenuto principale Salta al piè di pagina del sito

Articles

N. 1 (2019)

Corporate Governance in Family Firms: towards a model based on Degree of Institutionalization (DI), Structuring Change (SC) and Destructuring Change (RC)

DOI
https://doi.org/10.3280/cgrds1-2019oa8450
Inviata
16 September 2019
Pubblicato
16-01-2020

Abstract

The family firm management literature underrates corporate governance issues both because in family firms the entrepreneur/owner tends to concentrate in his hands almost all the decision power and because the concept of family business is associated with that of small business. On the other hand, the ‘family’ character over firm governance have been traditionally analysed in terms of institutional overlap (family versus business) that causes processes of instability, conflicts, divisions and crisis, both inside the family and between owners and managers. 

Our paper, after an extremely literature recap, aims at proposing a different point of view on the corporate governance dynamics in family business and a different path to understand the change processes into this organizations adopting a Situationist View of the Organizations (SVO) that is focused on the continuous work of two processes: action and institutionalization, that build, break and rebuild social reality. 

Under this point of view some topics – institutional processes, coalitional games and power dynamics – suggest different considerations about the processes of governance and power. The concept of actor (or strategic actor) is of particular relevance. It refers to an individual (human actor) or, more often, a coalition of individuals able to act strategically for the protection of their specific interests. The concept of strategic actor goes far beyond the organizational boundaries, as often a coalition is composed by both internal and external members.

Riferimenti bibliografici

  1. Aldrich H.E. (1979). Organizations and Environment. Prentice-Hall: Englewood Cliff.
  2. Astrachan J.H., Shanker M.C. (2003). Family Businesses Contribution to the U.S. Economy: A Closer Look. Family Owned Businesses.
  3. Atkinson R. (2002). L’intervista narrativa: raccontare la storia di sé nella ricerca formativa, organizzativa e sociale. Milano: Cortina.
  4. Atkinson P.A., Coffey A. (2004). Analysing documentary realities. In Silverman D. (Eds.), Qualitative research: Theory, method and practice (2nd ed.). London: Sage, pp. 56-75.
  5. Barley S.R., Tolbert P.S. (1997). Institutionalization and Structuration: Studying the Links between Action and Institution. Organization Studies, 18, 1.
  6. Barontini R., Caprio L. (2005). The Effect of Family Control on Firm Value and
  7. Performance: Evidence from Continental Europe. ECGI n. 88.
  8. Bazerman M.H., Lewicki, R.J. (Eds.) (1983). Negotiating in organizations. Beverly Hills: Sage Publications.
  9. Berger P.L., Luckmann T. (1969). La realtà come costruzione sociale. Bologna: Il Mulino.
  10. Berle A., Means G. (1932). The Modern Corporation and Private Property. New York: Commerce clearing house.
  11. Bifulco L., De Leonardis O. (a cura di) (1997). L’innovazione difficile. Milano: FrancoAngeli.
  12. Bonazzi G. (2000). Presentazione. In Powell W.W., DiMaggio P.J. (2000). Il neoistituzionalismo nell’analisi organizzativa. Torino: Edizioni di Comunità.
  13. Bourdieu P. (2003). Per una teoria della pratica. Milano: Cortina.
  14. Braczyk H.L., Cooke P., Heidenreich M. (Eds.) (1998). Regional Innovation Systems. London: UCL Press.
  15. Burkart M., Panuzi F., Shleifer A. (2002). Family Firms. Harvard Institute of Economic Research, Discussion Paper n. 1944.
  16. Burrel G., Morgan G. (1979). Sociological Paradigms and Organizational Analysis. London: Heinemann.
  17. Burns T., Stalker G.M. (1961). The Management of Innovation. London Tavistock.
  18. Calabrese G. (2008). Innovazione dei processi d’impresa. Aspetti organizzativi e tecnologie abilitanti. Napoli: ESI.
  19. Colarossi F., Giorgino M., Steri R., Viviani D. (2008). Corporate Governance
  20. Study on Italian Family Firms. Corporate Ownership & Control, 5, 4.
  21. Corbetta P. (2003). La ricercar sociale: metodologia e tecniche. Volume 3. Le tecniche qualitative. Bologna: Il Mulino.
  22. Corbin J., Strauss A. (2008). Basics of qualitative research: Techniques and procedures for developing grounded theory (3rd ed.). Thousand Oaks, CA: Sage.
  23. Crespi F. (1999). Teoria dell’agire sociale. Il Mulino: Bologna.
  24. Crozier M., Friedberg E. (1978). Attore sociale e sistema. Sociologia dell’azione organizzata. Milano: Etas Libri.
  25. Dalton M. (1959). Man who Manage. New York: John Wiley & Sons.
  26. Davis P. (1983). Realising the potential of the family business. Organizational Dynamics, vol. 12, n. 1, Summer, 1983, pp. 47-56.
  27. Davis J.H., Schoorman F.D., Donaldson L. (1997). Toward a Stewardship Theory of Management. Academy of Management Review, 22, 1.
  28. Deephouse D. (1999). To be different or to be the same? It’s a question (and theory) of strategic balance. Strategic Management Journal, 20, pp. 147-166.
  29. Dill W.R. (1958). Environment as an Influence on Managerial Autonomy. Administrative Science Quarterly, 2.
  30. DiMaggio P.J., Powell W.W. (2000). La gabbia di ferro rivisitata. Isomorfismo istituzionale e razionalità collettiva nei campi organizzativi. In Powell W.W., DiMaggio P.J. (2000). Il neoistituzionalismo nell’analisi organizzativa. Torino: Edizioni di Comunità.
  31. Donaldson L., Davis J.H. (1991). Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns. Australian Journal of Management, 16, 1.
  32. Ediriweera A., Armstrong A.A., Heenetigala K. (2015). Governance in Family Business: a literature review. Journal of Law and Governance, 10, 2.
  33. Esposito De Falco S. (2006). Evoluzione e prospettive negli studi sulla governance tra economia e diritto societario. Napoli: ESI.
  34. Esposito De Falco S. (2014). La corporate governance per il governo dell’impresa. Milano: McGraw-Hill.
  35. Esposito De Falco S. (2016). Family Business, Ownership Governance and Management. Torino: Giappichelli.
  36. Fama E.F., Jensen M.C. (1983a). Separation of Ownership and Control. Journal of Law and Economics, 26.
  37. Fama E.F., Jensen M.C. (1983b). Agency Problems and Residual Claims. Journal of Law and economics, 26.
  38. Fernandez-Araoz C., Iqbal S., Ritter J. Leadership Lessons from Great Family Businesses. Harvard business review, vol. 93, n. 4, 2015.
  39. Fox M.A., Hamilton R.T. (1994). Ownership and Diversification: Agency Theory or Stewardship Theory. Journal of Management Studies, 31.
  40. Freeman R.E., Evan V.M. (1990). Corporate Governance: a Stakeholder Interpretation. Journal of Behavioural Economics, 19.
  41. Friedberg E. (1994). Il potere e la regola. Dinamiche dell’azione organizzata. Milano: Etas Libri.
  42. Garfinkel H. (1967). Studies in Ethnomethodology. Englewood cliffs: Prentice Hall.
  43. Ghoshal S., Moran P. (1996a). Bad for Practice: a Critique of the Transaction Cost Theory. Academy of management review, 21, 1.
  44. Ghoshal S., Moran P. (1996b). Theories of Economic Organization: The Case of Realism and Balance. Academy of management review, 21, 1.
  45. Gianturco G. (2004). L’intervista qualitativa: dal discorso al testo scritto. Milano: Guerini.
  46. Giddens A. (1984). The Constitution of Society. Cambridge: Polity Press.
  47. Goetz K.H., Peters B.G. (1999). Institutional Theory and Political Executives: Creating Executive Organizations East and West. Conference on Institutional Theory: Scotland.
  48. Hambrick D.C. (2005). Just how Bad are Our Theories? A Response to Ghoshal. Academy of Management Learning & Education, 4, 1.
  49. Hayek F.A. von (1989). The Pretence of Knowledge. The American Economic Review.
  50. Huntington S.P. (1968). Political Order in Changing Societies. New Haven: Yale University Press.
  51. Husserl E. (1976) Idee per una fenomenologia pura e per una filosofia fenomenologica. Torino: Einaudi.
  52. Jensen M., Meckling W. (1976). Theory of the Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics, 3.
  53. Jepperson R.L. (2000). Istituzioni, effetti istituzionali e istituzionalismo. In Powell W.W., DiMaggio P.J. (2000). Il neoistituzionalismo nell’analisi organizzativa. Torino: Edizioni di Comunità.
  54. Kets de Vries M. (1996). Family Business: Human dilemmas in the family firm, London: International Thompson Business Press.
  55. Lansberg S.I. (1983). La gestione delle risorse umane nelle imprese famigliari: il problema della sovrapposizione istituzionale. Problemi di Gestione, anno XV, 1.
  56. Lawrence P., Lorsch J. (1967). Differentiation and Integration in Complex Organizations. Administrative Science Quarterly, 12.
  57. Lewin K. (1979) I conflitti sociali. Saggi di dinamica di gruppo. Milano: FrancoAngeli.
  58. Luhmann N. (1990). Sistemi sociali. Fondamenti di una teoria generale. Bologna: il Mulino.
  59. March J.G. (2004). Prendere Decisioni. Bologna: il Mulino.
  60. Mastroberardino P. (1996). Significato e ruolo dei clan familiari nel governo dell’impresa. Padova: Cedam.
  61. Mastroberardino P. (2002). Il modello Azienda di Famiglia nel XXI secolo. Roma: AIDAF.
  62. Mastroberardino P. (2006). Lobbying. Agire tra vincoli. Napoli: ESI.
  63. Mastroberardino P. (2010). La governance del sistema impresa tra istituzionalizzazione e azione del soggetto imprenditoriale. Sinergie, 81.
  64. Mastroberardino P., Calabrese G. (2007). Reti di imprese: trame interpretative. In Lopes A., Macario, F., Mastroberardino P., Reti di imprese. Scenari economici e giuridici, Torino: Giappichelli.
  65. Mastroberardino P., Calabrese G. (2013). Ripensare l’epistemologia dell’impresa. Razionalità indebolita, potere, quadro istituzionale. In AA.VV., Annali 2012-2013 G. Fortunato. Torino: Giappichelli.
  66. Mastroberardino P., Nigro C., Calabrese G. (2008). Family Business: quadro istituzionale e potere imprenditoriale. Atti del 30° Convegno Annuale AIDEA.
  67. Mazzoni C., Mustilli M. (2007). Il management come scienza sociale: una rilettura delle teorie sulla corporate governance. Sinergie, 73-74.
  68. Mead G.H. (1934). Mind, Self and Society. Chicago: The University of Chicago Press.
  69. Meyer J.W., Rowan B. (2000). Le organizzazioni istituzionalizzate. La struttura formale come mito e cerimonia. In Powell W.W., DiMaggio P.J. (2000). Il neoistituzionalismo nell’analisi organizzativa. Torino: Edizioni di Comunità.
  70. Merton R.K. (1948). The self-fulfilling prophecy. Antioch Review, 8, No. 2, pp. 193-210.
  71. Mintzberg H. (2005). How Inspiring. How Sad. Comment on Sumatra Ghoshal’s Paper. Academy of Management Learning & Education, 4, 1.
  72. Monks R.A.G., Minow N. (2004). Corporate Governance. Blackwell Publishing.
  73. Panebianco A. (1988). Political Parties: Organization and Power. Cambridge: Cambridge University Press.
  74. Parsons T. (1937). The Structure of Social Action. New York: McGraw-Hill.
  75. Parsons T. (1951). The Social System. New York: Free Press.
  76. Pfeffer J. (1981). Power in Organizations. Cambridge, Massachusetts: Ballinger Company.
  77. Pfeffer J. (2005). Why Do Bad Management Theories Persist? A Comment on Ghoshal. Academy of Management Learning & Education, 4, 1.
  78. Pfeffer J., Salancik G.R. (1978). The External Control of Organizations. A Resource Dependence Perspective. New York: Harper & Row.
  79. Powell G.N., Eddleston K.A. (2017). Family involvement in the firm, family to business support, and entrepreneurial outcomes and exploration. Journal of Small Business Management, 55, 4.
  80. Powell W.W., Di Maggio P. (2000). Il neoistituzionalismo nell’analisi organizzativa. Torino: Edizioni di Comunità.
  81. Rosenberg N. (1991). Dentro la scatola nera: tecnologie ed economia. Bologna: il Mulino.
  82. Schillaci C.E. (1990). I processi di transizione del potere imprenditoriale nelle imprese familiari. Torino: Giappichelli.
  83. Scott W.R. (1983). Organizations. Rational, Natural and Open Systems. Englewood Cliffs: Prentice-Hill.
  84. Sherif M. (1967). Group conflict and cooperation. London: Routledge & Kegan Paul.
  85. Shleifer A., Vishny R. (1997). A Survey of Corporate Governance. Journal of Finance, 52.
  86. Schutz A. (1974). La fenomenologia del mondo sociale. Bologna:
  87. il Mulino.
  88. Searle J. (1995). The Construction of Social Reality. New York: The Free Press.
  89. Sparti D. (2002). Epistemologia delle scienze sociali. Bologna: il Mulino.
  90. Swain S.K. (2017). Corporate Governance and Family Business: a Literature Review. Siddhant. A Journal of Decision Making, 17, 3.
  91. Thomas, W.I., Thomas D.S. (1928). The child in America: Behavior problems and programs. New York: Knopf.
  92. Thompson J.D. (1967). Organizations in Action. Social Sciences Bases of Administrative Theory. New York: McGraw-Hill.
  93. Wruck K.H. (1989). Equity Ownership Concentration and Firm Value: Evidence from Private Equity Financings. Journal of Financial Economics, 23.
  94. Zattoni A. (2015). Corporate governance. Milano: Egea.
  95. Zellweger T.M., Nason S.R., Nordqvist M. (2012). From Longevity of Firms to Transgenerational Entrepreneurship of Families: Introducing Family Entrepreneurial Orientation. Family Business Review, 25, 2.
  96. Zingales L. (2000). The Governance of the New Enterprise. Corporate Governance, Theorical & Empirical Perspectives. Vives X., Cambridge: Cambridge University Press.
  97. Zucker L.G. (2000). Il ruolo dell’istituzionalizzazione ai fini della persistenza culturale.

Metriche

Caricamento metriche ...