The ebook edition of this title is Open Access and freely available to read online.
Listed Family Companies are a focal point of family business research on the management side. This is hardly surprising, as the data situation here is much better than for private family businesses. At the same time, one can ask how representative the listed family business is of the much more common form of private family business. The listed family business inevitably has non-family shareholders and is subject to more intensive regulation, particularly in terms of transparency. This specific legal framework is what makes the interdisciplinary perspective of law and management on the listed family business so useful.
The book addresses topics such as the status quo of, and gaps in, the management literature about Listed Family Companies; how family companies communicate with the capital market and how capital market participants view family companies; a stewardship perspective on the listed family company; an in-depth look at listed family companies in Turkey; and general and country-specific legal chapters on France, Germany, Italy, and Spain. The book concludes with a chapter on future research opportunities that emerged from the discussions at the conference.
The pioneering Law and Management of Family Firms series publishes volumes following the annual Hamburg Conference: Law and Management of Family Firms, the international and interdisciplinary forum for family business research. The conference is organized by the Max Planck Institute and the Institute for Mittelstand and Family Firms (HSBA Hamburg School of Business Administration). It brings together two distinct and previously disconnected disciplines of law and management, benefiting scholars, lawyers, consultants, and family office practitioners.
Part
1. Legal and Managerial Foundations
Chapter
1. Listed Family Companies: The Legal Framework and Structuring
Options; Holger Fleischer and Jannik Maas
Chapter
2. The Listed Family-Owned Enterprise: Best of Both Worlds or
Destructive Paradoxes; Hermut Kormann, Sebastian Frericks, and Kirsten
Stotmeister
Chapter
3. Extant Research and Other Literature on Listed Family Businesses;
Hermut Kormann, Sebastian Frericks, and Kirsten Stotmeister
Part
2. A Managerial Perspective on Listed Family Companies
Chapter
4. The Stewardship PLC; Stefan Kemp and Adrian Ade
Chapter
5. The Corporate Governance Structures of Turkish Listed Family
Companies; Çiydem Çatak
Chapter
6. The Listed Family Company: The View of Capital Market
Participants; Roland Rapelius
Chapter
7. The Listed Family Company: Self-Representation to the Capital
Market; Stefan Prigge
Part
3. A Legal Perspective on Listed Family Companies
Chapter
8. Listed Family Companies in Spain; Paula del Val Talens and Miguel
Gimeno Ribes
Chapter
9. Listed Family Companies in Italy; Marco Speranzin
Chapter
10. Listed Family Companies A View from France; Katrin Deckert
Part
4. Conclusion
Chapter
11. Directions for Future Research; Holger Fleischer and Stefan Prigge
Holger Fleischer is a Professor of Law and Director at the Max Planck Institute for Comparative and International Private Law in Hamburg, Germany. His main fields of research are company law, capital markets law and commercial law, including their comparative dimensions.
Stefan Prigge is a Professor of Finance and Accounting at HSBA Hamburg School of Business Administration, Germany, and a member of the IMF Institute for Mittelstand and Family Firms in Hamburg. His major fields of interest are governance and finance that he has applied to family firms (since 2011) and professional sport (since 2014).
