How publicly quoted family business organizational behavior reflects financial crisis : a content analysis of the annual reports from 2008 to 2011
The aim in this research is to analyze the strategic reactions the entrepreneurs in public traded family business take towards the global financial crisis. It is mainly based on a bilateral contextual structure: the internal context concerns the Entrepreneurial Orientation (EO) five-dimension theoretical framework (Lumpkin & Dess, 1996) under family business background; the external con-text refers to the global financial crisis as a macro environment. Hence, the re-search question can be concluded as “how the entrepreneurs in large publicly traded family firm organizational behavior, named EO, reflects the global financial crisis?”
Furthermore, during the analysis process, several assumptions originated from the research question will be extracted step by step in order to explore the connection between the theory and the practicalities. Indeed, the five dimensions in EO (autonomy, innovativeness, risk taking, proactiveness, and competitive aggressiveness) constitute a systematic congregation which aims to aid the entrepreneurs to transform the external crisis into the opportunities.
As to the empirical materials, content analysis, as a methodological choice, will be applied basically upon a qualitative and deductive approach. The re-searching target is focused on the annual reports (especially for the shareholder letters) from the year 2008 to 2011. Four companies (Walmart, Samsung, Fiat and Ahlstrom) have been chosen as to typically verify the assumptions.
Afterwards, it is to compare the findings based on the empirical information and the assumptions on the basis of the theories aiming to exploit the gap between the strategic-theoretical behaviors and the strategic-real behaviors. Ultimately, it is in fact the “gap” that leads the useful suggestions and recommendations which is able to support the entrepreneurs to survive and conquer the global economic turbulence.
...
Keywords
Metadata
Show full item recordCollections
- Pro gradu -tutkielmat [29124]
Related items
Showing items with similar title or keywords.
-
Longitudinal approach to publicly held and privately owned family businesses : a financial analysis
Jonkus, Edvinas (2013)The main aim of this thesis is to examine the consequences of the 2007 financial crisis for family and non-family businesses and identify and understand what makes businesses sustainable and profitable even during bad ... -
A content analysis on family firms' association annual questionnaire
Kokko, Tanja (2010)The aim of this paper is to analyze the content of a questionnaire that is used in order to conduct a Finnish Family Firms’ Association’s annual barometer for its members. The content of the questionnaire is reflected to ... -
Understanding family shareholders in family firms : an exploration of the role of family dynamics in the development of family shareholders' behaviours
López-Vergara, María Piedad (University of Jyväskylä, 2013) -
Iceland’s performance as a welfare state during and after the financial crisis
Pulkkinen, Matti Erich (2018)Pro gradun tavoitteena oli tutkia Islannin toimintaa hyvinvointivaltiona vuoden 2007 finanssikriisin ja sen jälkeisten vuosien aikana. Tutkimuskysymyksinä olivat seuraavat: Miten Islanti toimi hyvinvointivaltion näkökulmasta ... -
Changes in Young Europeans’ Values During the Global Financial Crisis
Sortheix, Florencia; Parker, Philip D.; Lechner, Clemens M.; Schwartz, Shalom H. (Sage Publications, Inc., 2019)We investigate the impact of the global financial crisis (GFC) on the personal values of youth and young adults (age 16–35 years) from 16 European countries. Using time series cross-sectional data from seven waves (2002–2014) ...