• Admin Login
    View Item 
    •   Home
    • Faculty of Social Sciences
    • Faculty of Social Sciences
    • View Item
    •   Home
    • Faculty of Social Sciences
    • Faculty of Social Sciences
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of WIRECommunitiesTitleAuthorsIssue DateSubmit DateSubjectsTypesJournalDepartmentPublisherThis CollectionTitleAuthorsIssue DateSubmit DateSubjectsTypesJournalDepartmentPublisher

    Administrators

    Admin Login

    Local Links

    AboutThe University LibraryOpen Access Publications PolicyDeposit LicenceCOREWIRE Copyright and Reuse Information

    Statistics

    Display statistics

    The views of UK family business owners on flotation

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Average rating
     
       votes
    Cast your vote
    You can rate an item by clicking the amount of stars they wish to award to this item. When enough users have cast their vote on this item, the average rating will also be shown.
    Star rating
     
    Your vote was cast
    Thank you for your feedback
    Authors
    Poutziouris, Panikkos
    Wang, Yong
    Issue Date
    2004
    
    Metadata
    Show full item record
    Abstract
    This empirical research paper draws evidence from a database of UK independent private companies (n=250) and reports on the financial aspirations of owner-managers of family firms with respect to the flotation route. Following a brief review of the literature, the paper proceeds with an introduction of the UK survey into the financial development of private SMEs. Then evidence is presented on the perceived factors that influence the decision of owner/directors of family companies to consider the flotation option. Phase A employs univariate statistical analysis to contrast financial philosophies of the owner-managing directors (OMDs) of family firms against those of their mainstream private counterparts. Phase B employs cluster analysis to categorise sample family companies into four generic groups that evidently highlight that the PLC route is not always tailored to financial issues. The empirical results demonstrate that the financial strategies of family companies are more or less in line with the behavioural issues shaping all private companies irrespective of family control. Finally, the paper concludes with a set of tentative policy implications. To encourage the public equity development of smaller privately held companies, particularly family firms, there is scope for more policy initiatives that are tuned to the "socio-behavioural-cultural" ethos of private-OMDs as they master their corporate and entrepreneurial odyssey.
    Citation
    International Journal of Entrepreneurial Behaviour & Research, 10 (1/2): 106-126
    Publisher
    Emerald
    Journal
    International Journal of Entrepreneurial Behaviour & Research
    URI
    http://hdl.handle.net/2436/26852
    DOI
    10.1108/13552550410521407
    Additional Links
    http://www.emeraldinsight.com/Insight/viewContentItem.do?contentType=Article&contentId=872122
    Type
    Journal article
    Language
    en
    ISSN
    13552554
    ae974a485f413a2113503eed53cd6c53
    10.1108/13552550410521407
    Scopus Count
    Collections
    Faculty of Social Sciences

    entitlement

     

    DSpace software (copyright © 2002 - 2021)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.