scholarly journals Dealing with revered past: Historical identity statements and strategic change in Japanese family firms

2019 ◽  
Vol 41 (3) ◽  
pp. 590-623 ◽  
Author(s):  
Innan Sasaki ◽  
Josip Kotlar ◽  
Davide Ravasi ◽  
Eero Vaara
Keyword(s):  
Family Firms ◽  
Strategic Change ◽  
Japanese Family ◽  
Historical Identity

Controlling shareholders' stock pledges and strategic change: the moderating effects of corporate governance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xi Zhong ◽  
He Wan ◽  
Qiuping Peng
Keyword(s):  
Fixed Effects ◽  
Family Firms ◽  
Strategic Change ◽  
Balance Of Power ◽  
Controlling Shareholder ◽  
Analyst Coverage ◽  
Content Type ◽  
Controlling Shareholders ◽  
Change Behavior ◽  
Negative Effect

PurposeThe authors analyze the effects of controlling shareholders' stock pledging on firms' strategic change behavior, and investigate how the balance of power between shareholders and analyst coverage moderates those effects.Design/methodology/approachEmploying fixed effects models, the authors test hypotheses based on Chinese listed company data from 2011 to 2017.FindingsControlling shareholders' stock pledges has a negative effect on strategic change. As the balance of power among shareholders and/or analyst coverage increases, it mitigates the effect of controlling shareholder stock pledges on strategic change. In particular, the balance of power between shareholders and analyst coverage weakened the relationship between controlling shareholder stock pledges and strategic change. Lastly, after distinguishing family from nonfamily firms, the authors discovered that these findings only held for family firms.Originality/valueThis study makes important contributions to strategic change, stock pledge and family firm literature, and also provides guidance on firms' strategic change practices.

scholarly journals Adoptive Expectations: Rising Sons in Japanese Family Firms

2011 ◽  
Author(s):  
Vikas Mehrotra ◽  
Randall Morck ◽  
Jungwook Shim ◽  
Yupana Wiwattanakantang
Keyword(s):  
Family Firms ◽  
Japanese Family

In the Shadow of Predecessors: Intergenerational Succession and Strategic Change in Family Firms

2020 ◽  
Vol 2020 (1) ◽  
pp. 18219
Author(s):  
Zixu Liu ◽  
Jianghua Zhou ◽  
Jizhen Li ◽  
Chenrui Liu
Keyword(s):  
Family Firms ◽  
Strategic Change

Strategic Change in Family Firms: The Influence of Familiness on the Strategic Change Process

2020 ◽  
Vol 2020 (1) ◽  
pp. 13068
Author(s):  
Moritz Belling ◽  
Ulrich Pidun ◽  
Dodo Zu Knyphausen-Aufsess
Keyword(s):  
Change Process ◽  
Family Firms ◽  
Strategic Change

Adoptive Expectations: Rising Sons in Japanese Family Firms

2011 ◽  
Author(s):  
Vikas Mehrotra ◽  
Randall K. Morck ◽  
Jungwook Shim ◽  
Yupana Wiwattanakantang
Keyword(s):  
Family Firms ◽  
Japanese Family

Adoptive expectations: Rising sons in Japanese family firms

2013 ◽  
Vol 108 (3) ◽  
pp. 840-854 ◽  
Author(s):  
Vikas Mehrotra ◽  
Randall Morck ◽  
Jungwook Shim ◽  
Yupana Wiwattanakantang
Keyword(s):  
Family Firms ◽  
Japanese Family

scholarly journals Not a Coincidence: Sons-in-Law as Successors in Successful Japanese Family Firms

2021 ◽  
Vol 10 ◽  
Author(s):  
Georg D. Blind ◽  
Stefania Lottanti von Mandach
Keyword(s):  
Family Firms ◽  
Japanese Family

How Does Succession in Family Firms Effect Strategic Change and Performance?

2017 ◽  
Vol 2017 (1) ◽  
pp. 13876
Author(s):  
Jing Zhao ◽  
Michael Carney ◽  
Shubo Zhang ◽  
Limin Zhu
Keyword(s):  
Family Firms ◽  
Strategic Change ◽  
And Performance
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