Father-Daughter Succession in Family Business: A Cross-Cultural Perspective

336 Pages·2011·1.64 MB·English

by  Paul W. Thurman, Robert S. Nason, Daphne Halkias (editor)

Father–Daughter Succession in
Family Business
A Cross-Cultural Perspective
Edited by Daphne Halkias, Paul W. Thurman,
Celina Smith and Robert S. Nason
Father–Daughter Succession in Family Business
This page has been left blank intentionally
Father–Daughter
Succession in
Family Business
A Cross-Cultural Perspective
Edited by
Daphne halkias,
paul W. Thurman,
Celina smiTh and
roberT s. nason
© Daphne Halkias, Paul W. Thurman, Celina Smith, Robert S. Nason and the contributors 2011
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system
or transmitted in any form or by any means, electronic, mechanical, photocopying, recording
or otherwise without the prior permission of the publisher.
Daphne Halkias, Paul W. Thurman, Celina Smith and Robert S. Nason have asserted their
moral rights under the Copyright, Designs and Patents Act, 1988, to be identified as the editors
of this work.
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British Library Cataloguing in Publication Data
Father–daughter succession in family business : a cross-cultural perspective.
1. Family-owned business enterprises—Succession. 2. Family-owned business enterprises—
Succession—Cross-cultural studies.
I. Halkias, Daphne.
658.1'6-dc22
Library of Congress Cataloging-in-Publication Data
Father–daughter succession in family business : a cross-cultural perspective/ by Daphne Halkias
... [et al.].
p. cm.
Includes bibliographical references and index.
ISBN 978-0-566-09220-6 (hbk. : alk. paper)—ISBN 978-0-566-09221-3 (ebook)
1. Family-owned business enterprises—Succession—Cross-cultural studies. 2. Women chief
executive officers—Cross-cultural studies. I. Halkias, Daphne.
HD62.25.F39 2011
658.4'02—dc23
2011024954
ISBN 9780566092206 (hbk)
ISBN 9780566092213 (ebk)
IV
Contents
List of Figures ix
List of Tables xi
About the Editors xiii
Notes on Contributors xv
Acknowledgments xxi
PART I PRologue
Preface: Where Culture, Family and Business Meet: Developing Cross-National
Research on the Father–Daughter Succession Process in Family Firms 3
Daphne Halkias
Introduction: “How Did All This Get Started?” A Pioneer of Father–Daughter
Family Business Succession Research Remembers and Looks Ahead 9
Colette Dumas
A Historical Perspective: From Hidden Giants to Visible Leaders?
The Evolution of Women’s Roles in Family Business 15
Christine Blondel
PART II AsIA
Chapter 1 China: A Case Study of Father–Daughter Succession in China 25
Xin Deng
Chapter 2 India: A Socio-Cultural Perspective on Father–Daughter
Succession in Family Business in India 35
Geetika Goel, Shefali Nandan and Piyali Ghosh
Chapter 3 Lebanon: Father–Daughter Succession in Family Business
within a Middle Eastern Culture 45
Janine Saba Zakka and Josiane Fahed-Sreih
Chapter 4 Malaysia: The Challenge of Father–Daughter Succession in
Malaysian Family Business 55
Norashfah H. Yaakop Yahaya Al-Haj and Ahmad Hj. Zainuddin
vi Father–Daughter Succession in Family Business
Chapter 5 Pakistan: Father–Daughter Family Business Succession in
Pakistan: A Case Study 63
Shehla Riza Arifeen
Chapter 6 Philippines: Father–Daughter Succession in Family Business:
A Philippine Case Study 73
Andrea L. Santiago
Chapter 7 United Arab Emirates: The Al Jaber Group: Traditions and
Transitions in a United Arab Emirates Family Business 81
Katty Marmenout, Elizabeth Florent-Treacy and Manfred Kets de Vries
PART III AfRIcA
Chapter 8 Egypt: Lessons from a Father’s Culture and Life Values:
A Female Entrepreneur Builds her own Family Firm in Egypt 93
Sam Abadir, Daphne Halkias, Despina Prinia,
Mirka Fragoudakis and Patrick D. Akrivos
Chapter 9 Nigeria: Sociological Issues in Father–Daughter Business
Succession in Nigeria 101
Chinedum U. Nwajiuba and Chinyere A. Nwajiuba
PART IV euRoPe
Chapter 10 France: Father–Daughter Succession in France:
The ONET Group Case Study 109
Katia Richomme-Huet and Julien de Freyman
Chapter 11 Germany: Family Business Paradox and Gender Role Strain:
An Example of Father–Daughter Succession from Germany 117
Christina Erdmann
Chapter 12 Greece: Dreams of My Father: A Father–Daughter
Succession Story in a Greek Family Firm 129
Daphne Halkias, Eleanna Galanaki, Norma A. Juma and
Patrick D. Akrivos
Chapter 13 Italy: The Challenges of Father–Daughter Succession in an
Italian Family Business 141
Lucio Cassia, Alfredo de Massis and Federica Giudici
Chapter 14 Russia: Father–Daughter Succession in a
Russian Family Business: A Case Study 157
Evgeny Polyakov and Natalia Vinokurova
Contents vii
Chapter 15 Spain: Father–Daughter Succession in Spain:
Success Factors in a Male-Dominated Sector 167
María Cristina Díaz García and Ángela González Moreno
Chapter 16 Scotland/United Kingdom: Driving a Scottish Family
Business Forward: From Faither to Wee Lassie 175
Stuart Graham and Claire Seaman
Chapter 17 Sweden: Two-Fold Succession in a Family Business Matriarchy:
A Swedish Case 183
Cecilia Bjursell and Leif Melin
Chapter 18 Switzerland: Encouraging Success: A Father–Daughter
Succession Story in a Swiss Family Firm 193
Claudia Binz, Simone Schweikert and Jens o. Meissner
PART V NoRTh AmeRIcA
Chapter 19 Canada: Gender and Culture in Father–Daughter Succession in
the Family Business: A Canadian Case Study 205
Lucie Bégin, Christina Constantinidis, Daphne Halkias and
D.-Claude Laroche
Chapter 20 South Carolina, USA: The Challenge of Father–Daughter
Succession in Family Business: A Case Study in South Carolina 217
Teresa L. Smith and Jean-Luc E. Grosso
Chapter 21 Washington, USA: It’s a Sweet Life: A Daughter Successfully
Manages an Immigrant Family Business 227
Meenakshi Rishi and Daphne Halkias
Chapter 22 West Virginia, USA: Father–Daughter Succession in a
West Virginia Family Business 235
Leann Mischel and Cindy Iannarelli
PART VI souTh AmeRIcA
Chapter 23 Brazil: The Course of Father–Daughter Succession in a
Brazilian Family Business 245
Celina Smith and Rosamond Tompkins
Chapter 24 Brazil: The Challenge of Female Successors in a Brazilian
Family Business: A Case Study 255
Hilka Vier Machado
viii Father–Daughter Succession in Family Business
Chapter 25 Colombia: Father–Daughter Succession Issues in the
Colombian Family Business Context 263
Melquicedec Lozano, Kathy Kessler Overbeke and
Keanon j. Alderson
Chapter 26 Peru: From Father to Daughter: A Case Study of
Family Business Succession in Peru 273
Marina Niforos and Penelope Robotis
PART VII oceANIA
Chapter 27 Australia: The Challenge of Father–Daughter Succession in
Family Business: A Case Study from the Land Down Under 285
Mary Barrett and Ken Moores
Chapter 28 New Zealand: The Daughter Takes Over a Residential
Home Building Family Business: A Case Study from
Aotearoa New Zealand 295
Franco Vaccarino
Epilogue: Future Considerations for Cross-Cultural Research in
Father–Daughter Succession 303
Daphne Halkias
Index 305
List of Figures
Figure P.1 A multidimensional model of succession in family businesses 5
Figure H.1 Hidden giants 17
Figure H.2 Marguerite d’Hausen 20
Figure 11.1 Main arguments against women as successors 118
Figure 13.1 Manzoni family tree and successions 145
Figure 13.2 Organizational chart of Nuova Termostampi Spa 146
Figure 17.1 The Atteviks family chart 186
Figure 18.1 Comparison of GLOBE German-speaking Switzerland
As Is and To Be scores 195
Figure 27.1 Australia’s ratings on Hofstede’s cultural dimensions 286