Long-term Orientation of Family Firms An Investigation of R&D Investments, Downsizing Practices, and Executive Pay /

Recently, firms have been criticized for focusing too strongly on the short term and for neglecting investments in assets and capabilities required for long-term success, such as investments in R&D or in employee training. Family firms are considered to be different. They are commonly assumed to...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Block, Joern (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Wiesbaden : Gabler, 2009.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
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001 978-3-8349-8412-8
003 DE-He213
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020 |a 9783834984128  |9 978-3-8349-8412-8 
024 7 |a 10.1007/978-3-8349-8412-8  |2 doi 
040 |d GrThAP 
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100 1 |a Block, Joern.  |e author. 
245 1 0 |a Long-term Orientation of Family Firms  |h [electronic resource] :  |b An Investigation of R&D Investments, Downsizing Practices, and Executive Pay /  |c by Joern Block. 
264 1 |a Wiesbaden :  |b Gabler,  |c 2009. 
300 |a XXI, 250 p. 23 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
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338 |a online resource  |b cr  |2 rdacarrier 
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505 0 |a Family firms -- Long-term orientation of firms -- Data and method -- Performance of family firms -- Family firms and R&D spending -- Family firms and employment downsizing -- Family firms and executive pay -- Executive pay in family firms: a principal-agent model -- Summary, implications, and outlook. 
520 |a Recently, firms have been criticized for focusing too strongly on the short term and for neglecting investments in assets and capabilities required for long-term success, such as investments in R&D or in employee training. Family firms are considered to be different. They are commonly assumed to be more long-term oriented than comparable non-family firms. Joern Block analyzes this phenomenon in more detail and investigates whether and under which conditions family firms pursue more long-term oriented strategies than other firms. To this end, he compares R&D activities, downsizing practices and executive compensation of family firms with those of non-family firms. He also develops a theoretical model of how to pay a non-family manager who works in a family firm. 
650 0 |a Business. 
650 0 |a Management. 
650 0 |a Leadership. 
650 1 4 |a Business and Management. 
650 2 4 |a Business Strategy/Leadership. 
650 2 4 |a Management. 
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776 0 8 |i Printed edition:  |z 9783834919595 
856 4 0 |u http://dx.doi.org/10.1007/978-3-8349-8412-8  |z Full Text via HEAL-Link 
912 |a ZDB-2-SBE 
950 |a Business and Economics (Springer-11643)