The spirit of family business: A comparative analysis of Anglo, Germanic and Nordic nations

Using GLOBE classification and findings, this paper compares the family characteristics and work cultures of family businesses in Anglo, Germanic, and Nordic cultures. Results indicate differing patterns in terms of the involvement of the family in the family business and other key organizational di...

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Bibliographic Details
Published in:International journal of cross cultural management : CCM 2011-08, Vol.11 (2), p.133-151
Main Authors: Gupta, Vipin, Levenburg, Nancy M., Moore, Lynda, Motwani, Jaideep, Schwarz, Thomas
Format: Article
Language:English
Subjects:
Business management
Comparative analysis
Cross cultural studies
Cultural cycles
Cultural differences
Entrepreneurship
Family firms
Family owned businesses
Germany
Nordic countries
Social theory
United Kingdom
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Summary:Using GLOBE classification and findings, this paper compares the family characteristics and work cultures of family businesses in Anglo, Germanic, and Nordic cultures. Results indicate differing patterns in terms of the involvement of the family in the family business and other key organizational dimensions. While all three regions share their weak family orientation, the Nordic and Germanic regions share stronger future orientation and uncertainty avoidance. The Anglo and Germanic regions share stronger performance orientation and the Nordic region stands out for its low power distance and low assertiveness. Overall, the characteristics of family businesses in the three regions may be associated with the distinctive regional cultures suggesting support for the presence of culturally implicit theories in the family business characteristics.
ISSN:1470-5958
1741-2838
DOI:10.1177/1470595811399187