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Purpose: The objective of the research was an assessment of the experiences of Polish owners of family companies in organizing family meetings as mechanisms of family governance as well as evaluating the usefulness of solutions developed in this sphere for both family and company.
Methodology: The character of the conducted research was qualitative. The main technique used to gather data involved interviews. A total of thirty nine respondents from twenty companies were questioned. Nineteen were representatives of the older generation while twenty represented the younger second generation of owners of family businesses.
Findings: Research results indicated the rather extensive use by the examined owner families of family meetings to discuss company matters. Depending on their needs, they developed various models ranging from the ad hoc bringing up of company matters to the transformation of such meetings into formal, family meetings of the management board organized in company offices. Regardless of organizational form, family meetings were an important forum for the exchange of information and views on the functioning of the company among family members. The experiences of the examined families of owners in building family governance systems, understood as a complex of structures and mechanisms making possible the maintenance of a balance between tensions stemming from economic and emotional ties among family members, both involved in the company and outside it, remain small.
Research limitations: The qualitative character of the research, including the size of the examined sample (twenty family companies represented by thirty nine representatives), means that the generalizations made for the purposes of this study refer only to the experiences and opinions of the interviewed respondents.
Originality: The research performed is the first of its kind devoted to family meetings as a component of the system of family governance created in the family forum of owners of family companies. At present, questions of family governance subject to Polish conditions are not a popular research field undertaken with respect to family companies. This is dictated by the current phase of development of most domestic family ventures, where no significant diversification of stakeholders on the family level has as yet occurred. However, this should in no way suggest that Polish family businesses are not acquiring their first experiences in the sphere of family governance that, in the future, may prove useful in the forming of more complex structures. (original abstract)
Methodology: The character of the conducted research was qualitative. The main technique used to gather data involved interviews. A total of thirty nine respondents from twenty companies were questioned. Nineteen were representatives of the older generation while twenty represented the younger second generation of owners of family businesses.
Findings: Research results indicated the rather extensive use by the examined owner families of family meetings to discuss company matters. Depending on their needs, they developed various models ranging from the ad hoc bringing up of company matters to the transformation of such meetings into formal, family meetings of the management board organized in company offices. Regardless of organizational form, family meetings were an important forum for the exchange of information and views on the functioning of the company among family members. The experiences of the examined families of owners in building family governance systems, understood as a complex of structures and mechanisms making possible the maintenance of a balance between tensions stemming from economic and emotional ties among family members, both involved in the company and outside it, remain small.
Research limitations: The qualitative character of the research, including the size of the examined sample (twenty family companies represented by thirty nine representatives), means that the generalizations made for the purposes of this study refer only to the experiences and opinions of the interviewed respondents.
Originality: The research performed is the first of its kind devoted to family meetings as a component of the system of family governance created in the family forum of owners of family companies. At present, questions of family governance subject to Polish conditions are not a popular research field undertaken with respect to family companies. This is dictated by the current phase of development of most domestic family ventures, where no significant diversification of stakeholders on the family level has as yet occurred. However, this should in no way suggest that Polish family businesses are not acquiring their first experiences in the sphere of family governance that, in the future, may prove useful in the forming of more complex structures. (original abstract)
Rocznik
Tom
Numer
Strony
37--55
Opis fizyczny
Twórcy
autor
- Kozminski University, Warsaw, Poland
Bibliografia
- Cadbury A. (2000). Family Firms and their Governance. Creating Tomorrow's Company from Today's. Egon Zehnder International, Great Britain.
- Carlock R.S. and Ward J.L. (2010). When Family Business are Best. The Parallel Planning Process for Family Harmony and Business Success. Palgrave Macmillan.
- Fahed-Sreih J. and Djoundourian S. (2006). Determinants of Longevity and Success in Lebanese Family Business: An Exploratory Study. Family Business Review, 19(3).
- Gersick K.E., Davis J.A., Hampton M.M. and Lansberg I. (1997). Generation to Generation: Life Cycles of the Family Business. Boston, MA: Harvard Business School Press.
- Koładkiewicz I. (2014). Spotkania rodziny jako mechanizm family governance w polskich firmach rodzinnych. Wstępne obserwacje. In: A. Marjański and M.R. Contreras (eds.), Firmy rodzinne - współczesne nurty badań i praktyki zarządzania. Przedsiębiorczość i Zarządzanie, XV(7) (part I). Łódź: Wydawnictwo Społeczna Akademia Nauk.
- Koładkiewicz I. (2011). Family governance - struktury i praktyka. Doświadczenia światowe. In: A. Marjański (ed.), Firmy rodzinne - determinanty funkcjonowania i rozwoju. Strategie zarządzania przedsiębiorstwem rodzinnym. Przedsiębiorczość i Zarządzanie, XII(7). Łódź: Społeczna Wyższa Szkoła Przedsiębiorczości i Zarządzania.
- Kowalewska A. (ed.) (2009). Firmy rodzinne w polskiej gospodarce - szanse i wyzwania. Warszawa: Polska Agencja Rozwoju Przedsiębiorczości.
- Lansberg I. (1999). Succeeding Generations: Realizing the Dream of Families in Business. Boston, MA: Harvard Business School Press.
- Mustakallio M., Autio E. and Zahra S.A. (2002). Relational and Contractual Governance in Family Firms: Effects on Strategic Decision Making. Family Business Review, 15(3).
- Neubauer F. and Lank A.G. (1998). The Family Business: Its Governance for Sustainability. New York: Routledge.
- Ward J.L. (2004). Perpetuating the Family Business. New York: Palgrave Macmillan.
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Bibliografia
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