laptop with a preview of the March 2024 Family Business Review
Prepared Exclusively for FFI Members
Early Release: June 2024 Issue of FBR
May 3, 2024
FFI on Friday: May 3, 2024 cover
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e are pleased to provide you with an advance look at the June 2024 issue of Family Business Review (FBR).

As an FFI member, you have access to the complete library of FBR articles at no charge.

To access back issues of FBR, follow these instructions:

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A refereed journal published by SAGE, FBR has a two-year impact factor of 8.8, with a ranking of 28 out of 154 journals in Business. Source: Journal Citation Report® (Source Clarivate, 2023).

Family Firms’ Shareholder Structure and International Acquisitions: A Differentiated Socioemotional Wealth Approach
Andrea Calabrò, Mariateresa Torchia, Fabio Quarato, Alfredo Valentino, Domenico Rocco Cambrea, Fynn-Willem Lohe
Research Questions
  • By integrating arguments from both the SEW perspective and the principal–principal (PP) conflict literature, the aim of this study is to investigate family firms’ international acquisition choices as mixed gambles between contrasting SEW preservation tendencies (i.e., current vs. prospective SEW) derived from differences in the family shareholder structure (i.e., dominant family owner vs. minority family ownership).
  • The study also aims at providing a more granular picture of family firms’ international acquisition choices, by defining the boundary conditions of SEW and by considering what happens when family firms are led by a family CEO or experience performance below aspiration levels.
Headshot of Andrea Calabrò

Andrea Calabrò

IPAG Business School
Mariateresa Torchia

Mariateresa Torchia

International University of Monaco
Fabio Quarato

Fabio Quarato

Bocconi University
Alfredo Valentino

Alfredo Valentino

ESCE International Business School
Domenico Rocco Cambrea

Domenico Rocco Cambrea

University of Modena and Reggio Emilia
Fynn-Willem Lohe

Fynn-Willem Lohe

Witten Institute for Family Business
About the Authors
Andrea Calabrò, PhD, is director of the IPAG Chair for Sustainable Family Business & Entrepreneurship and professor of family business & entrepreneurship at IPAG Business School, Nice, France. He is global academic director of the STEP Project Global Consortium. He has published journal articles on family firms in leading international journals such as Strategic Management Journal, Journal of International Business Studies, Entrepreneurship Theory & Practice, and Harvard Business Review.
 
Mariateresa Torchia, PhD, is full professor of strategic management, director of research, and director of the doctorate in business administration at the International University of Monaco. She holds a PhD in management and governance from the University of Rome “Tor Vergata”. She has published journal articles on corporate governance, gender diversity, and family firms in leading international peer-reviewed journals such as: Entrepreneurship Theory and Practice, Journal of Business Ethics, International Business Review, and many others.
 
Fabio Quarato, PhD, is lecturer of corporate governance and managing director of the AIDAF-EY Chair in Strategic Management in Family Business in memory of Alberto Falck at Bocconi University, where he is also co-coordinator of the AUB Observatory. He holds a PhD in management and technology. His research focuses on corporate governance and family business. He has published papers in international journals such as Journal of Banking and Finance, Journal of Family Business Strategy, Small Business Economics, and many others.
 
Alfredo Valentino, PhD, is an associate professor of international business at ESCE International Business School, Paris. He got his PhD in management from Luiss Guido Carli University in Italy. His research interests include headquarter-subsidiary relations, location and relocation decisions of multinational enterprises, internal and external embeddedness of subsidiaries, and family firm internationalization. He has published book chapters and research articles in journal like Journal of Management Studies, Journal of World Business, and International Business Review.
 
Domenico Rocco Cambrea, PhD, is senior assistant professor of business administration at the University of Modena and Reggio Emilia. He holds a PhD in applied economics and managerial decisions. His research profiles are mainly focused on cash reserves, and corporate governance in family and non-family firms. He has published papers in international journals such as Journal of Family Business Strategy, Management Decision, Journal of Business Finance and Accounting, and many others.
 
Fynn-Willem Lohe, PhD, is a senior research fellow at Witten Institute for Family Business (WIFU), involved in various projects and publications. Since 2019, he has been a business management consultant at the Federal Association of the German Foundry Industry (BDG) and became the manager of the European Foundry Association (CAEF) in 2020.
Restructuring of Poorly Performing Family-Owned Portfolio Firms: The Role of Socioemotional Wealth
Marina Palm, Vanessa Diaz-Moriana, Nadine Kammerlander
Research Questions
  • How do owners of family firm portfolios restructure poorly performing firms?
  • How does SEW shape family firms’ restructuring of poorly performing portfolio firms?
Marina Palm

Marina Palm

WHU – Otto Beisheim School of Management
Vanessa Diaz-Moriana

Vanessa Diaz-Moriana

Pablo de Olavide University
Nadine Kammerlander

Nadine Kammerlander

WHU – Otto Beisheim School of Management
About the Authors
Marina D. Palm, PhD, pursued her doctorate at the Chair for Family Business at WHU. She has since joined her own family business, Palm Group, one of the leading companies in the European paper industry.

Vanessa Diaz-Moriana, PhD, is an Associate Professor in Entrepreneurship at Pablo de Olavide University (Spain) and member of the DCU National Centre for Family Business (Ireland). Her research lies at the intersection between strategic entrepreneurship and family business and her work is focused on how entrepreneurial firms make decisions and eventually act.

Nadine Kammerlander, PhD, FFI Fellow, is a full professor in Entrepreneurship and Innovation at WHU – Otto Beisheim School of Management (Germany) and the Director of the Institute of Family Business & Mittelstandat. In teaching and research, she focuses on innovation, employees and governance in family businesses and family offices. 

Legal Advisors and Family Business Owners: A Transaction Cost Understanding of “the Ownership Contract”
Kajsa Haag, Hanna Almlöf, Marina Bitsch Madsen, Mette Neville
Research Questions
  • Why is family business ownership insufficiently regulated by contracts?
  • What factors impede the market for legal advice to family businesses and their owners?
  • Can transaction cost economics help us to understand the incompleteness of regulation?
Kajsa Haag headshot

Kajsa Haag

Jönköping International Business School
Linda Kidwell

Hanna Almlöf

Linköping University
Jönköping International Business School
Marina Bitsch Madsen

Marina Bitsch Madsen

FSR – Danish Auditors
Aarhus University
Mette Neville

Mette Neville

Aarhus University
About the Authors
Kajsa Haag, PhD, CFBA/CFWA, is an assistant professor in business administration at Jönköping International Business School, Jönköping University, Sweden. She is involved in research, education, and societal engagement through the Centre for Family Entrepreneurship and Ownership (CeFEO) at Jönköping International Business School. Her research interests include succession and strategic renewal of family firms, ownership dynamics, family enterprise foundations, and the role of family firms in sustainable development.
 
Hanna Almlöf, PhD, is an associate professor in business law at Linköping University, Sweden, and an affiliated researcher at the Centre for Family Entrepreneurship and Ownership (CeFEO), Jönköping International Business School. Her main research focus is on owner-managed companies, family firms and enterprise foundations.
 
Marina Bitsch Madsen is currently head of ethics and regulation at FSR – Danish Auditors. She has a background as a company law scholar at the Department of Law, Aarhus University, where her research was focused on corporate governance, shareholder engagement, small and medium-sized companies and institutional investors.
 
Mette Neville, PhD, is a professor in business law at Aarhus University, Denmark, and director of the Centre for Small- and Medium-sized Enterprises (SMEs). Her research interest includes owner-managed SMEs, family business, the value creation of the board of directors, the regulation of SMEs. She is responsible for the Board Program at Aarhus University.
Register for the 2024 Global Conference at the Spring Rate
FFI Global Conference - Mean Time: Time, Timing, and Timelessness in Family Enterprise
TWELFTH ANNUAL SCHLESINGER GLOBAL FAMILY ENTERPRISE CASE COMPETITION (SG-FECC)
Registration is open for the SG-FECC at the UVM Grossman School of Business.
Previous Edition
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Today we are pleased to continue our series featuring the FFI organizational members for 2024. These six organizations include distinguished organizations and educational institutions from around the world. Please read on to learn more about these organizations, which are increasing the global footprint of the field and contribute invaluable knowledge and experience to the wider FFI membership.
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