1.

Record Nr.

UNINA9910869164503321

Autore

Palalić Ramo

Titolo

Sustainable Family Business : The Triple-Bottom-Line Approach

Pubbl/distr/stampa

Cham : , : Springer International Publishing AG, , 2024

©2024

ISBN

3-031-57999-2

Edizione

[1st ed.]

Descrizione fisica

1 online resource (202 pages)

Collana

Springer Texts in Business and Economics Series

Altri autori (Persone)

SeamanClaire

RamadaniVeland

DanaLéo-Paul

RexhepiGadaf

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Intro -- Preface -- Contents -- About the Authors -- 1: Sustainable Family Business: Concept and Typology -- 1.1  Family Businesses: Definitions and Specifics -- 1.1.1  Definition Approaches -- 1.1.2  Economic Contribution of Family Businesses -- 1.1.3  Advantages and Disadvantages of Family Business -- 1.2  The Concept of Sustainable Business -- 1.2.1  Definition and Triple-Bottom-Line Dimensions -- 1.2.2  Green Family Entrepreneurship: Definition and Characteristics -- Green Family Entrepreneurs Typology -- Green Family Entrepreneurship and Conventional Family Entrepreneurship (Start-Up) -- Green Family Entrepreneurship Barriers -- References -- 2: Sustainability and Competitive Advantages in Family Businesses -- 2.1  Introduction -- 2.2  Nature of Competitive Advantage -- 2.3  Societal Impact of Sustainable Competitive Advantage -- 2.4  Economic Impact of Sustainable Competitive Advantage -- 2.5  Environment and Economic Sustainable Competitive Advantage -- 2.6  Implications of Triple-Bottom Approach for Sustainable Competitive Advantage -- References -- Websites -- 3: Sustainable Finance in Family Businesses -- 3.1  Introduction -- 3.2  Family Business and Sustainable Finance -- 3.2.1  Principles of Sustainable Finance in Family Business -- 3.2.2  Sustainable Finance Framework -- 3.2.3  Sustainable Finance



Guidelines -- Family Business Perspective -- Extended Family Involvement and Long-Term Vision -- Family Engagement -- Sustainability Integration and Liquidity -- Governance and Family Values -- 3.3  Sustainable Finance Categories -- 3.3.1  Environmental (Green) Finance -- 3.3.2  Social (Impact Investment) Finance -- 3.3.3  Governance (Stakeholder) Finance -- 3.4  Challenges Facing Sustainable Finance in Family Businesses -- 3.5  Integration of Sustainable Finance Reporting in Family Businesses -- 3.6  Summary -- References.

4: Sustainable Human Resource Management in Family Businesses -- 4.1  Introduction -- 4.2  Nature of HRM in Family Businesses -- 4.3  Lopez-Cabrales and Valle-Cabrera's HRM Strategies for TBL Approach1 -- 4.3.1  Balanced Approach 1: Quasi-Spot Contract Employment Relationship -- 4.3.2  Balanced Approach 2: Mutual Investment Employment Relationship -- 4.3.3  Imbalanced Approach 1: Under-Sustainability Investment Employment Relationship -- 4.3.4  Imbalanced Approach 2: Over-Sustainability Employment Relationship -- 4.3.5  Implication of the Employment Relationship Model -- 4.4  Inside-Out Inquiry: Synergy of Two Strategies: SEW and TBL -- 4.5  Future Benefits of Implementation HRM's TBL -- 4.6  Summary of the Chapter -- References -- Websites -- 5: Sustainable Marketing and Public Relations (PR) in Family Businesses -- 5.1  Introduction -- 5.2  Nature of Marketing and PR -- 5.3  TBL 1: Profit -- 5.3.1  TBL Strategy Development for Long-Term Sustainability Vision (TBL: Full Approach) -- 5.4  Economic Perspective of TBL Marketing and PR -- 5.4.1  STEP 2: Development of TBL-Sustainable Products Services (TBL-PROFIT) -- 5.4.2  STEP 3: Design all TBL-Sustainable Activities Toward All Stakeholders (Family Firm Members, Employees, Customers, Clients) (TBL-PEOPLE) -- 5.5  Societal Impact of Marketing and PR -- 5.5.1  Development of Strong-Tie with Society: STEP 4 (TBL: PEOPLE) -- 5.6  Environment and Sustainable Marketing and PR -- 5.6.1  Development of TBL-Sustainable CSR: STEP-5 (TBL: PLANET) -- 5.6.2  Development of Green Marketing Strategy: STEP-6 (TBL: PLANET) -- 5.6.3  Development of TBL-Sustainable and all-Inclusive Transparent Communication: STEP-7 (TBL: PEOPLE) -- 5.6.4  Development of TBL-Sustainable Marketing Activities Control: STEP-8 (TBL: Full Approach) -- 5.7  Summary of TBL for Marketing and PR -- References.

6: Sustainable Operations and Supply Chain Management in Family Businesses -- 6.1  Introduction -- 6.2  Sustainable Operational Management and Supply Chain Dynamics: Foundational Perspectives -- 6.3  The Imperative of Sustainable Operations and Supply Chain Management -- 6.4  The Three Pillars of Sustainable Supply Chain Management -- 6.4.1  Environmental Sustainability -- 6.4.2  Social Responsibility -- 6.4.3  Economic Efficiency -- 6.5  Strategies for Sustainable Operations and Supply Chain Management -- 6.5.1  Green Procurement -- 6.5.2  Lean and Efficient Processes -- 6.5.3  Energy Efficiency and Renewable Energy -- 6.5.4  Waste Reduction and Recycling -- 6.6  The Evolution of Sustainable Operation Management -- 6.6.1  The Reverse Supply Chain -- 6.6.2  Closed-Loop Supply Chain Management -- 6.6.3  Triple-Bottom-Line (TBL) Model -- 6.6.4  Green Supply Chain Management -- 6.6.5  Lean and Green Operations -- 6.7  Challenges in Sustainable Operations and Supply Chain Management -- 6.8  Benefits of Sustainable Operations and Supply Chain Management -- 6.9  Summary -- References -- 7: R&amp -- D Innovation in Family Businesses -- 7.1  Introduction -- 7.1.1  R&amp -- D and Challenges for Family Firms -- 7.1.2  R&amp -- D Agenda to Implement TBL Approach -- 7.2  Nature of R&amp -- D in Family Businesses -- 7.3  R&amp -- D AND Societal Impact: Family Business Perspective -- 7.3.1  Establishing Ethical Research



and Development -- 7.3.2  Diversity in Research and Development Team -- 7.3.3  Focus on Societal Innovation -- 7.4  R&amp -- D and Economic Impact: Family Business Perspective -- 7.4.1  Market Needs and R&amp -- D -- 7.4.2  Cost Management and Cost Mitigation in R&amp -- D -- 7.5  R&amp -- D and Its Impact on Environment: Family Business Perspective -- 7.5.1  Innovation in R&amp -- D: Eco-friendly Products.

7.5.2  Optimized Allocation of the Current Resources -- 7.5.3  Regular Monitoring and Assessment of R&amp -- D Activities -- 7.6  Implications of R&amp -- D Within the Triple-Bottom Approach in Family Businesses -- References -- 8: Global Operations in Family Businesses -- 8.1  Introduction -- 8.2  Nature of Global Operations and Triple-Bottom Line -- 8.2.1  Check Number 1: Stability of the Current Leader -- 8.2.2  Check Number 2: Stability of the Succession Process -- 8.2.3  Check Number 3: Readiness of the Next Generation (Successors) -- 8.3  Other Schemes for Family Businesses Going Global -- 8.4  Societal Aspect of Global Operations of Family Firms -- 8.5  Economic Aspect of Global Operations of Family Firms -- 8.6  Environmental Aspect of Global Operations of Family Firms -- 8.7  Implications of Triple-Bottom Approach of Family Firms' Global Operations -- References -- Websites -- 9: Toward the Long-Term Sustainability Through Leadership in Family Businesses -- 9.1  Introduction -- 9.2  Nature of Leadership in Family Businesses -- 9.2.1  Uniqueness, Complexity, and Ambidexterity of Leadership in Family-Owned Firms -- 9.2.2  Challenges of Ambidextrous Family Business Leadership -- 9.3  TBL Leadership in Family Businesses5 -- 9.3.1  Transgenerational Entrepreneurship: A Way to Success and Longevity -- 9.4  Implications and Future Agenda for TBL Leadership in Family Businesses -- 9.4.1  Future Agenda for Family Business Leadership: TBL Perspective -- References -- Websites.