The aim of this thesis is to provide the necessary theoretical background to conduct an empirical study on family businesses and their cultures.
In the following pages it will become clear that neither family firms nor culture are fields were empirical studies can be conducted after a static manual. The definitions and explanations will rather be of use as tools for building up an analytical framework for an empirical study.
A variety of hypotheses will be constructed including instructions on the usage combinations.
I. Table of Contents
I. Table of contents
II. List of Figures
III. Abbreviations
1. Introduction
1.1. Aims
1.2. Relevance
1.3. Structure
2. The Family Firm
2.1. The F-PEC scale
2.1.1. The power dimension
2.1.2. The experience dimension
2.1.3. The culture dimension
2.2. The F-PAC scale – resume
2.3. Usage
2.4. Theories used in family firm research
2.4.1. The agency theory
2.4.2. The stewardship theory
2.4.3. Resource based view
2.5. The family firm – resume
3. Organizational Culture
3.1. Organizational culture – according to Edgar H. Schein
3.1.1. Schein’s levels of culture
3.2. Organizational culture – according to Mats Alvesson
3.3. Organizational culture – according to Joanne Martin
4. Characteristics of a Family Firms’ Organizational Culture
4.1. The role of the founder
4.2. The strength of culture
4.3. Entrepreneurship and the family firm
4.3.1. Short- vs. long-term orientation
4.3.2. Individual vs. group cultural orientation
4.3.3. Internal vs. external cultural orientation
4.3.4. Coordination vs. control
4.4. Organizational culture and performance
4.5. Family systems’ influence on family firms
5. Hypotheses application
6. Conclusion
7. Limitations
8. Personal opinion
IV. Bibliography
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