Fiduciaries and Family Firms: Integrating the Logics of Commerce and Family

Brooke Harrington, Vanessa M. Strike

Publikation: Kapitel i bog/rapport/konferenceprocesKonferencebidrag i proceedingsForskningpeer review

Resumé

Drawing on an 8-year ethnographic study, we analyze 65 interviews with family firm fiduciaries in 18 countries to examine the fiduciary’s role in re-integrating the logics of family and commerce within family firms. Our data identifies two sets of tasks that fiduciaries perform where competing institutional logics are beginning to dis-integrate: rationalization and stabilization. Our findings contribute to family business scholarship by showing that fiduciaries can play the integrative “man in the middle” role, integrating competing sets of assumptions, cognitions, emotions and practices into a functional whole. Moreover, we contribute to literature on institutional logics by mapping out how fiduciaries are able to straddle multiple logics – particularly those of commerce and family – allowing firms to remain robust in the face of change, particularly in leadership.
Drawing on an 8-year ethnographic study, we analyze 65 interviews with family firm fiduciaries in 18 countries to examine the fiduciary’s role in re-integrating the logics of family and commerce within family firms. Our data identifies two sets of tasks that fiduciaries perform where competing institutional logics are beginning to dis-integrate: rationalization and stabilization. Our findings contribute to family business scholarship by showing that fiduciaries can play the integrative “man in the middle” role, integrating competing sets of assumptions, cognitions, emotions and practices into a functional whole. Moreover, we contribute to literature on institutional logics by mapping out how fiduciaries are able to straddle multiple logics – particularly those of commerce and family – allowing firms to remain robust in the face of change, particularly in leadership.
SprogEngelsk
TitelProceedings of the Seventy-eight Annual Meeting of the Academy of Management
RedaktørerGuclu Atinc
Antal sider6
Udgivelses stedBriar Cliff Manor, NY
ForlagAcademy of Management
Dato2018
Artikelnummer18
DOI
StatusUdgivet - 2018
Begivenhed78th Annual Meeting of The Academy of Management : Improving Lives - Chicago, USA
Varighed: 10 aug. 201814 aug. 2018
Konferencens nummer: 78
http://aom.org/annualmeeting/

Konference

Konference78th Annual Meeting of The Academy of Management
Nummer78
LandUSA
ByChicago
Periode10/08/201814/08/2018
Internetadresse
NavnAcademy of Management Proceedings
ISSN2151-6561

Citer dette

Harrington, B., & Strike, V. M. (2018). Fiduciaries and Family Firms: Integrating the Logics of Commerce and Family. I G. Atinc (red.), Proceedings of the Seventy-eight Annual Meeting of the Academy of Management [18] Briar Cliff Manor, NY: Academy of Management. Academy of Management Proceedings, DOI: 10.5465/AMBPP.2018.18
Harrington, Brooke ; Strike, Vanessa M./ Fiduciaries and Family Firms : Integrating the Logics of Commerce and Family. Proceedings of the Seventy-eight Annual Meeting of the Academy of Management. red. / Guclu Atinc. Briar Cliff Manor, NY : Academy of Management, 2018. (Academy of Management Proceedings).
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Harrington, B & Strike, VM 2018, Fiduciaries and Family Firms: Integrating the Logics of Commerce and Family. i G Atinc (red.), Proceedings of the Seventy-eight Annual Meeting of the Academy of Management., 18, Academy of Management, Briar Cliff Manor, NY, Academy of Management Proceedings, 78th Annual Meeting of The Academy of Management , Chicago, USA, 10/08/2018. DOI: 10.5465/AMBPP.2018.18

Fiduciaries and Family Firms : Integrating the Logics of Commerce and Family. / Harrington, Brooke; Strike, Vanessa M.

Proceedings of the Seventy-eight Annual Meeting of the Academy of Management. red. / Guclu Atinc. Briar Cliff Manor, NY : Academy of Management, 2018. 18.

Publikation: Kapitel i bog/rapport/konferenceprocesKonferencebidrag i proceedingsForskningpeer review

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Harrington B, Strike VM. Fiduciaries and Family Firms: Integrating the Logics of Commerce and Family. I Atinc G, red., Proceedings of the Seventy-eight Annual Meeting of the Academy of Management. Briar Cliff Manor, NY: Academy of Management. 2018. 18. (Academy of Management Proceedings). Tilgængelig fra, DOI: 10.5465/AMBPP.2018.18