Family businesses constitute some of the most unique, complex, and dynamic systems in modern society. The blending of the performance-based world of business and the emotion-based domain of the family creates a system potentially fraught with confusion and conflict. The significant rise in immigrant family businesses adds a further level of complexity to this mix. Research into immigrant family businesses has been based on traditional, limited views of entrepreneurship largely ignoring the ethnic and family contexts that create the culture from which entrepreneurship emerges, making it impossible to understand the complex and interdependent relationships between an owning family, its firm, its governance and the community context in which the firm operates. These firms possess features that make their governance a challenging task. They depict a complex stakeholder structure, whereby the ownership stakes are passed from one generation to the next. The owning family's members usually play multiple roles, thereby blurring governance relationships. Governance in Immigrant Family Businesses explores the relationship between ethnic cultural influence in family businesses and its impact on corporate governance, addressing the intertwined influences of contractual, relational and cultural governance mechanisms and sets out a comprehensive theoretical model which clarifies the complexities involved in business planning, family harmony, and ethnic cultural variables. The authors specifically identify the implications for research, education, and practice. Application of their model will be of value to policy makers, consultants, business researchers and educators.

Family businesses constitute some of the most unique, complex, and dynamic systems in modern society. The blending of the performance-based world of business and the emotion-based domain of the family creates a system potentially fraught with confusion and conflict. The significant rise in immigrant family businesses adds a further level of complexity to this mix. Research into immigrant family businesses has been based on traditional, limited views of entrepreneurship largely ignoring the ethnic and family contexts that create the culture from which entrepreneurship emerges, making it impossible to understand the complex and interdependent relationships between an owning family, its firm, its governance and the community context in which the firm operates. These firms possess features that make their governance a challenging task. They depict a complex stakeholder structure, whereby the ownership stakes are passed from one generation to the next. The owning family's members usually play multiple roles, thereby blurring governance relationships. Governance in Immigrant Family Businesses explores the relationship between ethnic cultural influence in family businesses and its impact on corporate governance, addressing the intertwined influences of contractual, relational and cultural governance mechanisms and sets out a comprehensive theoretical model which clarifies the complexities involved in business planning, family harmony, and ethnic cultural variables. The authors specifically identify the implications for research, education, and practice. Application of their model will be of value to policy makers, consultants, business researchers and educators.

To whom does a father, retiring from his life as a successful entrepreneur, pass control of the business he has built? Once it would always have been his eldest son, but increasingly women are becoming involved in family firms having risen to positions of influence and leadership. Using revealing case studies from the daughters who succeeded their entrepreneur fathers in a wide variety of challenging situations, cultures and continents, Father-Daughter Succession in Family Business discusses the changes which have led to daughters gaining influence in more and more family businesses. It looks at the tensions this succession can produce between old notions of how men and women should behave, and the new style of leadership that often comes about when a woman takes the helm. This book will help consultants, business educators, and researchers, as well as those who are themselves involved in significant family managed enterprises to better understand why it can no longer be assumed in any part of the World that the first born son will take over the reins of the family business.

Immigrant Families aims to capture the richness, complexity, and diversity that characterize contemporary immigrant families in the United States. In doing so, it reaffirms that the vast majority of people do not migrate as isolated individuals, but are members of families. There is no quintessential immigrant experience, as immigrants and their families arrive with different levels of economic, social, and cultural resources, and must navigate various social structures that shape how they fare. Immigrant Families highlights the hierarchies and inequities between and within immigrant families created by key axes of inequality such as legal status, social class, gender, and generation. Drawing on ethnographic, demographic, and historical scholarship, the authors highlight the transnational context in which many contemporary immigrant families live, exploring how families navigate care, resources, expectations, and aspirations across borders. Ultimately, the book analyzes how dynamics at the individual, family, and community levels shape the life chances and wellbeing of immigrants and their families. As the United States turns its attention to immigration as a critical social issue, Immigrant Families encourages students, scholars, and policy makers to center family in their discussions, thereby prioritizing the human and relational element of human mobility.

This Special Issue aims to provide an extensive mapping of policies in the promotion of ethnic entrepreneurship in a number of countries. It is motivated by the desire of national and municipal Governments to create an environment conducive to setting up and developing SMEs in general and immigrant businesses in particular. Furthermore it also highlights how the third sector has also had a crucial role in the reinforcement of immigrant entrepreneurship, and provides indications of how best to address this issue at a Governmental level in the future.

Immigration is currently one of the most vivid challenges the European Union faces. Ways of introducing new migrants to society and economy pose significant challenges, thus some guidelines for the policy design towards migrations are in need. This book points out patterns of approaches leading to entrepreneurial activities, implemented by the immigrants from the Far East: China, Vietnam, South Korea, India, and Philippines. At these stage comparisons with other countries are both possible and necessary, as many countries all over the world face challenges connected with defining migration policies. From the studies included in the book, readers will gain first-hand knowledge about immigrant entrepreneurship in Poland against the Western European or USA background of similar processes described by researchers in other countries. The areas covered in the studies include the main reasons for starting new ventures and the sources of opportunities, processes of defining customers and factors influencing the choice between an ethnic and local business, immigrants' approaches to building market position, defining success and development, as well as the issues of cultural, institutional, legal and economic differences. The studies show that significant differences in entrepreneurial activities appear between the first and second generations of immigrants. They also depict how entrepreneurial activities help in assimilation processes, as well as in building ties between the immigrants and host societies. Moreover, the study will deepen the understanding of entrepreneurial activities of immigrants in countries that are traditionally considered to be less attractive targets for migration. Thus, the processes of migration will be not only better understood and described but will also allow to provide some guidelines both for policymakers and future researchers

This book is a longitudinal story of seven Italian-Australian family business dynasties, spanning over a hundred years across three generations, and starting with the founding generation who migrated to Australia in the first half of the 20th century. With hard work and sacrifices, they set the foundations of a long-lasting family culture, and the values that form the glue of a multigenerational family business. The book focuses on the personal, family, and business values that keep family members, across generations, continuing to engage together and successfully, as a family and a business. The book elaborates on the complexity of ‘what is a family business’, what it represents for the generational members that are part of it, how these family businesses have emerged, consolidated and expanded, and finally, how they continue to survive into the third generation, enabling the dynasty to flourish.