From Family Firms to Corporate Capitalism

From Family Firms to Corporate Capitalism PDF

Author: Kristine Bruland

Publisher: Oxford University Press, USA

Published: 1998

Total Pages: 396

ISBN-13: 9780198290469

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What explains the growth of a business, and more broadly the development or decline of a whole economy? What role does a particular entrepreneur or indeed a culture of entrepreneurship play? Does the evidence suggest that a particular structure or organizational form was or should be adopted to ensure best practice and commercial success? These fundamental questions have long preoccupied business and economic historians. With the current expansion of business and management education and training, the investigations and findings of the historian may have wider significance and relevance. This volume has been stimulated by the work of Peter Mathias, one of the leading figures in this field in the post-war period. Here a number of his former students--many now internationally distinguished historians--pay tribute in a book that explores the move from family firms to corporate capitalism. The contributors argue that sustained growth has never been a matter of a few spectacular technical breakthroughs, but instead rests on subtle economic and social transformations--in cultures, in economic organizations, and in the roles of science and technology.

Family Capitalism

Family Capitalism PDF

Author: Geoffrey Jones

Publisher: Routledge

Published: 2013-08-21

Total Pages: 223

ISBN-13: 1135237867

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First published in 1994. The articles in this collection are concerned with family-owned business enterprises and span three centuries and three continents. Family firms account for between 75 per cent and 99 per cent of all companies in the EC, and 65 per cent of GDP and employment in Europe. While the huge majority of family businesses are very small-scale, many are not. In the United States one-third of Fortune 500 companies are currentlyfamily-controlled.

Family Firms and Merchant Capitalism in Early Modern Europe

Family Firms and Merchant Capitalism in Early Modern Europe PDF

Author: Thomas Max Safley

Publisher:

Published: 2019

Total Pages: 0

ISBN-13: 9780367137106

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This fascinating study follows the fortunes of the Höchstetter family, merchant-manufacturers and financiers of Augsburg, Germany, in the late-fifteenth and early sixteenth centuries, and sheds light on the economic and social history of failure and resilience in early modern Europe. Carefully tracing the chronology of the family's rise, fall and transformation, it moves from the micro- to the macro-level, making comparisons with other mercantile families of the time to draw conclusions and suggest insights into such issues as social mobility, capitalist organization, business techniques, market practices and economic institutions. The result is a microhistory that offers macro-conclusions about the lived experience of early capitalism and capitalistic practices. This book will be valuable reading for advanced students and researchers of economic, financial and business history, legal history and early modern European history.

Capitalism at Risk

Capitalism at Risk PDF

Author: Joseph L. Bower

Publisher: Harvard Business Press

Published: 2011

Total Pages: 266

ISBN-13: 1422130037

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Identifies ten potential dangers to the global market system, providing examples of companies that are thriving and describing how a businesses must develop corporate strategies that are innovative and strenghten institutions at community, national, and international levels.

Capitalism at Work

Capitalism at Work PDF

Author: Robert L. Bradley

Publisher: M & M Scrivener Press

Published: 2014-05-14

Total Pages: 498

ISBN-13: 098020948X

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Read the Intro Chapter (PDF) View the Ayn Rand Appendix View an interview with author Robert L. Bradley, Jr. at Reason.com Capitalism took the blame for Enron although the company was anything but a free-market enterprise, and company architect was hardly a principled capitalist. On the contrary, Enron was a politically dependent company and, in the end, a grotesque outcome of America's mixed economy. That is the central finding of Robert L. Bradley's "Capitalism at Work": The blame for Enron rests squarely with "political capitalism"--a system in which business firms routinely obtain government intervention to further their own interests at the expense of consumers, taxpayers, and competitors. Although Ken Lay professed allegiance to free markets, he was in fact a consumate politician. Only by manipulating the levers of government was he able to transform Enron from a $3 billion natural gas company to a $100 billion chimera, one that went in a matter of months from seventh place on Fortune's 500 list to bankruptcy. But "Capitalism at Work" goes beyond unmasking Enron's sophisticated foray into political capitalism. Employing the timeless insights of Adam Smith, Samuel Smiles, and Ayn Rand, among others, Bradley shows how fashionable anti-capitalist doctrines set the stage for the ultimate business debacle. Those errant theories, like Enron itself, elevated form over substance, ignored legitimate criticism, and bypassed midcourse correction. Political capitali

Family Capitalism

Family Capitalism PDF

Author: Taylor & Francis Group

Publisher: Routledge

Published: 2020-09-30

Total Pages: 200

ISBN-13: 9780367669935

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In most countries family businesses make up between 50 - 95% of business entities. Families control 30% of the Fortune 500 companies. These owners and their businesses are often an important part of the social fabric in local communities, and increasingly the international economy. Despite this, Family Capitalism, or ownership, has been seen as synonymous with stagnation, conflict and crises. The authors focus on how family owners avoids these pitfalls, and how emotional resources develop strategizing capacities. The book explores how successful family businesses innovate and create Visionary Ownership, and implement it. Two crucial leadership capacities are introduced; Leadership of Paradox and Distributed Leadership. A renewed understanding of family businesses show how the family can generate unique strategic advantages in stewardship, succession, long-term thinking, risk management and building social capital. It shows a different perspective regarding value creation in the economy. The book provides new insights for family owners, advisors, leaders as well as scholars. The findings are from a best-practice research project with cases from China, USA, Germany, Colombia, Israel, Tanzania, France and Sweden. Applying strategy-as-practice theory shows how family owners, across different cultures and sectors, use generic ownership strategies and experiment, such as with cluster ownership and creating new ventures in succession.

Family Capitalism

Family Capitalism PDF

Author: Harold James

Publisher: Harvard University Press

Published: 2006-03-31

Total Pages: 460

ISBN-13: 9780674021815

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James tells how “iron masters“ of a classical industrial cast were succeeded by generations who wanted to shift to information-age systems technologies, and how families and firms wrestled with social and economic changes that occasionally tore them apart. The author shows how these firms illuminate a European model of “relationship capitalism.“

Family Capitalism

Family Capitalism PDF

Author: Gry Osnes

Publisher: Routledge

Published: 2016-11-03

Total Pages: 345

ISBN-13: 1315444186

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In most countries family businesses make up between 50 - 95% of business entities. Families control 30% of the Fortune 500 companies. These owners and their businesses are often an important part of the social fabric in local communities, and increasingly the international economy. Despite this, Family Capitalism, or ownership, has been seen as synonymous with stagnation, conflict and crises. The authors focus on how family owners avoids these pitfalls, and how emotional resources develop strategizing capacities. The book explores how successful family businesses innovate and create Visionary Ownership, and implement it. Two crucial leadership capacities are introduced; Leadership of Paradox and Distributed Leadership. A renewed understanding of family businesses show how the family can generate unique strategic advantages in stewardship, succession, long-term thinking, risk management and building social capital. It shows a different perspective regarding value creation in the economy. The book provides new insights for family owners, advisors, leaders as well as scholars. The findings are from a best-practice research project with cases from China, USA, Germany, Colombia, Israel, Tanzania, France and Sweden. Applying strategy-as-practice theory shows how family owners, across different cultures and sectors, use generic ownership strategies and experiment, such as with cluster ownership and creating new ventures in succession.

The History of Family Business, 1850-2000

The History of Family Business, 1850-2000 PDF

Author: Andrea Colli

Publisher: Cambridge University Press

Published: 2003

Total Pages: 118

ISBN-13: 9780521804721

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In this new textbook, Andrea Colli gives a historical and comparative perspective on family business, examining through time the different relationships within family businesses and among family enterprises, inside different political and institutional contexts. He compares the performance of family businesses with that of other economic organizations, and looks at how these enterprises have contributed to the evolution of contemporary industrial capitalism. Central to his discussion are the reasons for both the decline and persistence of family business, how it evolved historically, the different forms it has taken over time, and how it has contributed to the growth of single economies. The book summarises previous research into family business, and situates many aspects of family business - such as their strategies, contribution, failure and decline - in an economic, social, political and institutional context. It will be of key interest to students of economic history and business studies.