Logo - springer
Slogan - springer

Economics | The Role of Governance Structure in the Context of Crisis Management - An Empirical Analysis on

The Role of Governance Structure in the Context of Crisis Management

An Empirical Analysis on a German Sample of Non-Family and Family Businesses

Faghfouri, Pedram

2013, XVII, 190 p. 18 illus.

Available Formats:

Springer eBooks may be purchased by end-customers only and are sold without copy protection (DRM free). Instead, all eBooks include personalized watermarks. This means you can read the Springer eBooks across numerous devices such as Laptops, eReaders, and tablets.

You can pay for Springer eBooks with Visa, Mastercard, American Express or Paypal.

After the purchase you can directly download the eBook file or read it online in our Springer eBook Reader. Furthermore your eBook will be stored in your MySpringer account. So you can always re-download your eBooks.


(net) price for USA

ISBN 978-3-658-00596-2

digitally watermarked, no DRM

Included Format: PDF

download immediately after purchase

learn more about Springer eBooks

add to marked items


Softcover (also known as softback) version.

You can pay for Springer Books with Visa, Mastercard, American Express or Paypal.

Standard shipping is free of charge for individual customers.


(net) price for USA

ISBN 978-3-658-00595-5

free shipping for individuals worldwide

usually dispatched within 3 to 5 business days

add to marked items

  • ​Publication in the field of economic studies

Both practitioners and scholars agree that organizations that are ready to cope with crisis should be better able to manage it than organizations which are not prepared. As, due to their company characteristics, family businesses are exposed to additional causes of crisis beyond the usual causes all companies face, preparing for crisis is of specific importance to them.

Based on empirical investigations, Pedram Faghfouri shows that non-family businesses are more likely to prepare for crisis when compared to family businesses. The author’s findings let further suggest that the existence of a supervisory board has a positive effect on the degree of crisis readiness of a family business. Moreover, in family businesses with supervisory boards, the involvement of family members in the top management team seems to have a negative effect on the degree of crisis readiness.


·         Turnaround Management

·         Crisis Management in Family Businesses

·         Empirical Studies

·         Effect of Family Members in the Top Management Team and the Existence of Supervisory Boards on Early Warning Systems

·         Differences in the Crisis Readiness of Family and Non-Family Businesses

Target Groups

·         Researchers and students in the field of Business Administration with focus on Strategic Management, Crisis Management or Family Businesses.

·         Managers and experts with focus on Strategy, Crisis Management or Early Warning Systems both in non-family businesses and family businesses.

About the Author

Pedram Faghfouri has been a doctoral student at Germany‘s Wissenschaftliche Hochschule für Unternehmensführung (WHU) – Otto Beisheim School of Management. Today, he works as an Inhouse Consultant for German DAX 30 automobile and motorcycle manufacturer.

Content Level » Research

Keywords » Crisis Management - Early Warning System - Family Business - Supervisory Board - Turnaround Management - Upper Echelon Theory

Related subjects » Management

Table of contents / Preface / Sample pages 

Popular Content within this publication 



Read this Book on Springerlink

Services for this book

New Book Alert

Get alerted on new Springer publications in the subject area of Business & Economics (general).