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Family Business Restructuring: A Review and Research Agenda

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  • David R. King
  • Olimpia Meglio
  • Luis Gomez‐Mejia
  • Florian Bauer
  • Alfredo De Massis

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, 2022, vol. 59, issue 1, 197-235

Although business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and outcome dimensions is relevant to both research streams. We address this by examining the intersection between research on business restructuring and family firms to improve our knowledge of each area and inform future research. To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at the intersection of family firm and business restructuring research to develop a model that identifies research needs and suggests directions for future research.

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  • DOI: 10.1111/JOMS.12717
  • Corpus ID: 236374134

Family Business Restructuring: A Review and Research Agenda

  • David R. King , O. Meglio , +2 authors A. Massis
  • Published in Journal of Management Studies 24 May 2021

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60 Citations

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Understanding governance dynamics and success factors in family-owned businesses: A focus on corporate governance in family firms

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Family firms in the global economy: toward a deeper understanding of internationalization determinants, processes, and outcomes, corporate restructuring: reconfiguring the firm, product innovation in family versus nonfamily firms: an exploratory analysis, entrepreneurial by design: how organizational design affects family and non‐family firms’ opportunity exploitation, acquisitions, disclosed goals and firm characteristics: a content analysis of family and nonfamily firms, acquiring a family firm: a case study, political connection and business transformation in family firms: evidence from china, system‐spanning values work and entrepreneurial growth in family firms, related papers.

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Family Business Restructuring : A Review and Research Agenda

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Published in: . - Wiley, ISSN 1467-6486, ZDB-ID 1473770-X. - Vol. 59.2021, 1 (24.05.), p. 197-235
Publisher: Wiley
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Language: English
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Family business restructuring : a review and research agenda

King, David R., (2022)

The Routledge companion to mergers and acquisitions

Risberg, Annette, (2016)

Acquisitions as programs : the role of sensemaking and sensegiving

Bansal, Anjali, (2022)

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Case Study: Should a Family Business Accept a Returning Daughter’s Radical Proposal?

  • John D. Macomber

family business restructuring a review and research agenda

The founders of an Ivorian conglomerate take stock—with succession in mind.

Two brothers who founded a successful company in Côte d’Ivoire must make a decision about how to bring their daughter and niece—educated in Paris and currently working there—into the family business, a company founded in 1988 and now one of West Africa’s most successful conglomerates. She has surprised them with an ultimatum: She will come back, but only as COO, in charge of some grand expansion plans.

Two experts—both with deep expertise in African family businesses—offer their advice in accompanying commentaries.

Koffi and Yao Assoua and their driver stood together in the back of the arrivals hall at Félix-Houphouët-Boigny International Airport. Though trying to maintain their dignity, the two brothers occasionally rose on their toes to see over the heads of the crowd. Koffi’s daughter, Aminata—or “Amina,” as they affectionately called her—was coming back home to Côte d’Ivoire, and they were hoping to offer her a role in the family business.

  • JM John D. Macomber is a senior lecturer in finance at Harvard Business School. He is also the coauthor of Healthy Buildings: How Indoor Spaces Drive Performance and Productivity (Harvard University Press), with Joseph G. Allen.

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Family Business Restructuring: A Review and Research Agenda

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2021, Journal of Management Studies

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  1. Family Business Restructuring: A Review and Research Agenda

    family business restructuring a review and research agenda

  2. (PDF) Family Business Restructuring: A Review and Research Agenda

    family business restructuring a review and research agenda

  3. (PDF) Family Business Research: A Literature Review

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  2. Case Study: Organisational Restructuring

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COMMENTS

  1. Family Business Restructuring: A Review and Research Agenda

    As a remedy, we conduct a systematic and interdisciplinary review of papers at the intersection of both fields to serve as a springboard for theoretical development and spur future empirical work. We compare theoretical frameworks used in family firm and business restructuring fields to generate insights, identify gaps, and delineate avenues for interdisciplinary research. By comparing ...

  2. Family Business Restructuring: A Review and Research Agenda

    To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at the intersection of family firm and business restructuring research to develop a model that identifies research needs and suggests directions for future research.

  3. Family Business Restructuring: A Review and Research Agenda Family

    We address this by examining the intersection between research on business restructuring and family firms to improve our knowledge of each area and inform future research.

  4. Family Business Restructuring: A Review and Research Agenda

    To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at the intersection of family firm and business restructuring research to develop a model that identifies research needs and suggests directions for future research.

  5. Family Business Restructuring: A Review and Research Agenda

    We address this by examining the intersection between research on business restructuring and family firms to improve our knowledge of each area and inform future research. To achieve this goal, we review and organize research across different dimensions to create an integrative framework.

  6. Family Business Restructuring: A Review and Research Agenda

    The Journal of Management Studies is a multidisciplinary business and management journal advancing the fields of management and organization.

  7. Family Business Restructuring: A Review and Research Agenda

    Family Business Restructuring: A Review and Research Agenda. / King, David R.; Meglio, Olimpia; Gomez-Mejia, Luis et al. In: Journal of Management Studies, Vol. 59 ...

  8. Family Business Restructuring: A Review and Research Agenda

    Although business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and outcome dimensions is relevant to both research ...

  9. Family Business Restructuring: A Review and Research Agenda

    We address this by examining the intersection between research on business restructuring and family firms to improve our knowledge of each area and inform future research. To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at ...

  10. Family Business Review: Sage Journals

    Family Business Review. Family Business Review (FBR) a refereed journal published quarterly since 1988, is a scholarly publication devoted exclusively to exploration of the dynamics of family-controlled enterprise, including firms ranging in size from the very large to the … | View full journal description.

  11. Social Exchanges in Family Businesses: A Review and Future Research Agenda

    Social capital in the family business literature: A systematic review and future research agenda. Family Business Review, 35(4), 415-441. Crossref. Web of Science. Google Scholar *Steier L. (2003). Variants of agency contracts in family-financed ventures as a continuum of familial altruistic and market rationalities.

  12. Family Business Restructuring: A Review and Research Agenda

    Abstract Although business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and outcome dimensions is relevant to both ...

  13. Family Business Restructuring : A Review and Research Agenda

    Journal of Management Studies.. - Wiley, ISSN 1467-6486, ZDB-ID 1473770-X. - Vol. 59.2021, 1 (24.05.), p. 197-235

  14. Family Business Restructuring

    King, D. R., Meglio, O., Gomez-Mejia, L., Bauer, F., & DeMassis, A. (2021). Family Business Restructuring: A review and Research Agenda. Journal Of Management Studies.

  15. 2021 Family Business Restructuring: A review and Research Agenda

    To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at the intersection of family firm and business restructuring research to develop a model that identifies research needs and suggests directions for future research.

  16. Family-Controlled Business Groups: An In-Depth Review and a

    Abstract It is now well-established that business groups (BGs)—an inimitable multifirm structure that enables legally distinct firms to take coordinated action—constitute a dominant organizational form in many economies around the world. The BG phenomenon has attracted sustained scholarly attention over the last three decades. Despite the shift in BG research toward BG heterogeneity and ...

  17. Family Business Restructuring: A Review and Research Agenda

    The resulting integrative research agenda links the study of family firm and business restructuring to avoid a continuation of separate, parallel investigation efforts. The rest of our paper is organized as follows. We first describe the review protocol. We then provide a summary of findings from literature.

  18. Case Study: Should a Family Business Accept a Returning Daughter's

    Two brothers who founded a successful company in Côte d'Ivoire must make a decision about how to bring their daughter and niece—educated in Paris and currently working there—into the family ...

  19. Family Business Restructuring: A Review and Research Agenda

    To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at the intersection of family firm and business restructuring research to develop a model that identifes research needs and suggests directions for future research.

  20. Family Business Restructuring: A Review and Research Agenda

    Supporting: 1, Mentioning: 35 - Although business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and outcome dimensions ...

  21. Fact-checking false and misleading claims about Tim Walz

    Vice President Kamala Harris announced Minnesota Gov. Tim Walz as her running mate at an Aug. 6 rally in Philadelphia, sparking a flurry of online discussion about Walz and his background. It wasn ...

  22. PDF Family Business Restructuring: A Review and Research Agenda

    To achieve this goal, we review and organize research across different dimensions to create an integrative framework. Building on current research, we focus on 88 studies at the intersection of family firm and business restructuring research to develop a model that identifes research needs and suggests directions for future research. Keywords ...

  23. Family Business Restructuring: A Review and Research Agenda

    AbstractAlthough business restructuring occurs frequently and it is important for the prosperity of family firms across generations, research on family firms has largely evolved separately from research on business restructuring. This is a missed opportunity, since the two domains are complementary, and understanding the context, process, content, and outcome dimensions is relevant to both ...

  24. Family Business Restructuring: A Review and Research Agenda

    In summary, research on business restructuring processes indicates that: a) the equilibrium of socioemotional and financial concerns in family busines restructuring is poorly understood; b) little is known about whether socioemotional motives or other factors drive restructuring decisions (e.g., debt, private equity, internal funds); c) there ...