The Primacy of Financial Objectives How Family Businesses Make a Difference 3 - edizione con copertina flessibile

EAN (ISBN-13): 9783899368697
ISBN (ISBN-10): 389936869X
Copertina rigida
Copertina flessibile
Anno di pubblicazione: 2009
Editore: Josef Eul Verlag GmbH
232 Pagine
Peso: 0,337 kg
Lingua: eng/Englisch

Libro nella banca dati dal 2010-04-23T14:21:05+02:00 (Zurich)
Pagina di dettaglio ultima modifica in 2023-07-03T12:48:18+02:00 (Zurich)
ISBN/EAN: 389936869X

ISBN - Stili di scrittura alternativi:
3-89936-869-X, 978-3-89936-869-7
Stili di scrittura alternativi e concetti di ricerca simili:
Autore del libro : kemp stefan
Titolo del libro: objective, make

---

Dati dell'editore

Autore: Stefan Kemp
Titolo: Familiy Business; The Primacy of Financial Objectives; The Primacy of Financial Objectives - Evidence from German Family PLCs - How Family Businesses make a Difference
Editore: Josef Eul Verlag
214 Pagine
Anno di pubblicazione: 2009-12-04
Peso: 0,335 kg
Lingua: Inglese
56,00 € (DE)
57,80 € (AT)
93,00 CHF (CH)
Not available, publisher indicates OP

BC; PB; Hardcover, Softcover / Wirtschaft/Betriebswirtschaft; Betriebswirtschaft und Management; Family Business; Profit Maximisation; Public Limited Company

The pursuit of financial profit has always been, and will continue to be, the core concern for private sector organisations. There has been an unquestioning acceptance that the maximisation of financial return is the primary driver for all private sector firms regardless of the nature of these firms. This book challenges the simplicity of that assumption. Using empirical research undertaken in a variety of private sector organisations in Germany this book demonstrates that there are differences which reflect the nature of the firm in question. The research compares family and non-family firms and finds significant variations in organisational objectives. The priorities, structure and financial drivers of family firms differ markedly from those of non family firms and, unsurprisingly, strongly reflect the family influence. Yet, the dominant paradigm in current management thinking is centred on public limited companies (PLC) managed by professionals and overseen by a Board of Directors representing the interests of a large number of shareholders. Even here the evidence is that the achievement of maximum return on invested capital is not necessarily the first and only priority. In western economies family firms have significant macroeconomic importance. Taking a differentiated view on private sector organisations matters to practitioners and politicians who must ensure their decisions are being made on the right premises. Researchers may feel invited to interdisciplinary research initiatives that integrate findings from family business research and other academic fields.