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Conceptualising the Governing Ownership System in a Family Business Group

In: The Palgrave Handbook of Managing Family Business Groups

Author

Listed:
  • Tuuli Ikäheimonen

    (LUT University)

  • Marita Rautiainen

    (LUT University)

  • Sanjay Goel

    (University of North Dakota)

Abstract

In this chapter, we draw on a family business governance concept and propose, that family influences family business groups by governing of family ownership through an ownership governance system. The ownership governance system, with the aim of shaping a workable coherence between family and business goals, differs from the family and business governance systems. The system’s approach is fruitful for conceptualising the governing ownership system. We justify this assertion by presenting an analysis of a case study that introduces family influence in governing family ownership. The findings confirm the uniqueness of our conceptualisation.

Suggested Citation

  • Tuuli Ikäheimonen & Marita Rautiainen & Sanjay Goel, 2023. "Conceptualising the Governing Ownership System in a Family Business Group," Springer Books, in: Marita Rautiainen & Maria José Parada & Timo Pihkala & Naveed Akhter & Allan Discua Cruz & Kajari Mu (ed.), The Palgrave Handbook of Managing Family Business Groups, chapter 0, pages 267-298, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-13206-3_11
    DOI: 10.1007/978-3-031-13206-3_11
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