Suchergebnisse

AbstractManuscript TypeEmpiricalResearch Question/IssueFamily control in family firms can extend beyond the direct involvement of family members, but identifying these mechanisms is difficult in most markets. We utilize unique disclosures made by Taiwanese firms to examine the role played by family representatives in listed family firms. Family representatives are non‐family members that represent the controlling family's indirect shareholdings in the firm. We examine whether family representatives are used in the same manner as family members and whether they provide net benefits or costs to shareholders.Research Findings/InsightsIn our sample of listed family firms, we find that omitting family representatives understates the influence of controlling families by 46 percent. We show that family representatives are associated with net costs to shareholders, but to a lesser extent than family members. We also find that controlling families use family members and family representatives differently. Family members are more involved in older family firms and in firms founded by the family. Family representatives are more involved in acquired and second generation family firms and in larger firms with more fixed assets.Theoretical/Academic ImplicationsWe apply agency theory to the use of family representatives and show that family representatives are being used by controlling families to extend their influence within their firms, increasing agency costs to minority shareholders.Practitioner/Policy ImplicationsFor policymakers, our analysis shows that disclosure of family member and representative relationships within firms is important and value‐relevant to investors. Furthermore, our results suggest that firm performance could be improved by limiting the involvement of family members and family representatives in family firms.

"Family policy gained considerable relevance which is reflected by the current public attention to family issues. In regard to many recommendations of the KVI in 2001 improvements can be reported which family research profited from in a considerable way. However, pertaining to quality and content progress in data provision since the beginning of the 21st century was limited. Particularly, the availability of longitudinal data to study social and family related processes on different levels and regarding different dimensions of family development has to be
extended. Data are needed not only to describe family change in an adequate way but also to model the structural and non-structural determinants and 'outcomes' of couples' and family dynamics or family relationships over time – both retrospectively and prospectively. Therefore, additionally to an improved family related report system provided by the official statistics prospective panel studies collecting longitudinal (socio-)structural and non-structural information on the dynamics of individuals' living arrangements over time are urgently needed." [author's abstract]

Family legacy stories recover an understanding of family health that has become marginalized in the predominant ways that family health is studied in the family disciplines. This article describes what family legacy means for family and family member health concerns, activities, and practices in their everyday life. Six families with school-age children took part in an interpretive study of health practices and concerns in families. Five to six in-depth family group interviews were conducted with each family using semistructured, open-ended questions. All families had meaningful family legacy stories that set up health concerns and shaped health practices, activities, and habits. A paradigm case exemplifies how a family may extend, flee from, and/or reshape family-of-origin legacies in their family of progeny. Exploring and acknowledging family legacy recognizes a rich part of family life and can enhance the nurse's and family's understanding of family health and related practices, activities, and habits.

Families preserve and rewrite history in ways that pass on to the next generation a sense of family history based on what is known and what cannot be told. In this paper, we analyze New Zealand European adolescents' stories about their parents' childhood, exploring how these young people tell and do not tell family stories shrouded in secrecy. We identify three major ways in which families express secrets across the generations—through collusion, through confusion, and through whole-family secrets—and discuss the implications of each of these family practices for the preservation of family history.

A task. The author of the article set himself the task of answering the question - what is meant by obligations for material security in family relations. Model. To solve this problem, it is necessary to investigate the issues of legal regulation of material content obligations under the family legislation of the Russian Federation and alimony relations, identify the features of legal regulation of material content relations, propose a model for building material content relations between their various participants and understand the relationship between material content obligations and alimentation obligations. Conclusion. A distinction should be made between material support in the family and alimony. They treat each other as general and private. According to the author, there is a contradiction between the rule established by law that certain categories of persons are liable for material maintenance and the assumption of execution under duress of the same obligation, which must be fulfilled voluntarily. Practical significance. The author of the article believes that the conclusions formulated in the submitted article will be useful for a theoretical understanding of legal relations of alimony, an understanding of the relationship between obligations for material maintenance under family law of the Russian Federation and alimony. Social consequences. the theoretical model proposed by the author of the study as the basis for the possible legislative consolidation and subsequent practice of applying material content, including alimentation, between participants in family relations in conjunction with other measures taken in this direction [6] will allow over time to solve the systemic problem of alimony payments. Originality, value. A correct legal understanding of the legal situation, which causes practical difficulties, will strengthen the rule of law and encourage necessary legislative changes to ensure the most effective regulation of family and alimony relations.

Families in Disaster research has drawn heavily from the family stress and crises research paradigms and concepts advanced by Reuben Hill's ABC-X Model and by related research. This article attempts to broaden the perspective of family behavior in disaster situations by advancing additional concepts, definitions and propositions. Findings from longitudinal research on American families faced with the historically unique traumatic situation of having a husband/father held captive or unaccounted for in the Vietnam War were analyzed first in reference to the ABC-X Model, which suggested the need to expand this classic model. This article introduces the Double ABC-X Model in an effort to capture the dynamic nature of family response to stress over time. This expanded model includes: AA-the family's pile up of life events and stressors over time; BB-the family's resources which are strenghened or developed within and in transaction with the community and include coping and social support; CC-the family's perception of the stressor and related changes in the family; and XX-the additional end state of family adaptation following a crisis. This model merits careful consideration and additional testing in light of stress and disaster studies reviewed and propositions advanced during the past decade.

This conceptual article seeks to address the heterogeneity of family firms in terms of their innovativeness by investigating business family communication dynamics. We use the established family communication constructs of conversation and conformity orientations to develop a typology of family firms in terms of innovativeness. We provide empirically testable propositions and present possible operationalizations for future research. In particular, we argue that supportive business families (i.e., families characterized by high conversation orientation and moderate conformity orientation) are associated with the highest levels of innovativeness in the family‐controlled firm. Through this article we hope to deepen our understanding of the relationship between family and firm levels of analysis, to develop a stronger bond between communication and innovative behavior, and to identify family‐related antecedents of heterogeneity in family firm innovativeness.