Journal of Family and Economic Issues - Call for Papers: Family business and sustainability in emerging economies
Researchers have published on a wide range of family business-related themes, including conflict, governance, networking, innovation, gender, ethnicity, business performance, succession, the role of family, family capital, leadership, management, and existing theory. Managing entrepreneurial activities within family dynamics is always dynamic due to the presence of cohesiveness among family members, their culture, and their thought processes to carry out business from one generation to the next. This demonstrates that some of the subjects covered are connected to the survival and sustainability of family businesses.
In addition to competitive strategies, family businesses sustain themselves through self-sufficiency strategies. Today, family businesses make substantial contributions to economic and social sustainability and well-being, with enormous impacts on local and national economies. Family businesses, which aim to pass on a strong business to future generations, tend to have a long-term orientation. They work to ensure the enterprise's long-term viability and cultivate relationships with stakeholders that contribute to the firm's positive future. Through their entrepreneurial-related activities, family businesses are frequently firmly established in their communities and positioned for the foreseeable future. They value, nurture, and leverage the human, social, and family capital they have developed with their clients, suppliers, employees, and members of the larger community (Saura et al., 2023).
Business sustainability is defined as meeting present requirements without jeopardizing the ability of future generations to meet their own needs (Ramadani et al., 2022). Sustainability is a recognized and related topic in the field of family businesses. However, researchers in this area lack understanding and exploration of new sustainability-related aspects in the context of family businesses. This field requires both theoretical frameworks and practical applications (Hamdani et al., 2023). The triple bottom line concept, which measures sustainability, expands beyond traditional metrics of profitability, return on investment, and shareholder value. It includes social and environmental considerations. To effectively compete in today's market, family businesses must implement sustainability practices that enhance the ecosystem’s quality and the firm's economic viability. Anticipating future changes in the commercial and environmental landscape, sustainability may become the only viable option for long-term survival. Family businesses need to adapt their operations and incorporate sustainability in various areas, including supply chain management, team management, leadership, competencies, etc. Therefore, further research is necessary to promote family business sustainability and improve the socioeconomic conditions of the nation, as sustainability is essential for both current and future generations.
The special issue suitable topics include, but are not limited, to the following:
• Family businesses and sustainability
• Modelling the variables influencing the growth of sustainability in family businesses
• New research focusing on sustainable practices in family businesses
• Family businesses and approaches based on sustainable values
• The impact of entrepreneurship education on family businesses and sustainability
• The importance of sustainable leadership, sustainable supply chains, and knowledge sharing in family businesses
• Owners' entrepreneurial tendencies to protect the sustainability of family businesses
• Exploring different aspects related to sustainability and family businesses using various quantitative and qualitative approaches.
Authors will submit their full-length papers by August 31, 2024. To accommodate a wide number of papers and a range of topics, authors are asked to keep their manuscripts to approximately 8,000 words (including main text and references).
Guest Editors:
Veland Ramadani, South East European University, N. Macedonia (v.ramadani@seeu.edu.mk (this opens in a new tab))
Sucheta Agarwal, GLA University, India (sucheta.agrawal@gla.ac.in (this opens in a new tab))
Cristina Fernandes University of Beira Interior, Portugal (cristina.isabel.fernandes@ubi.pt (this opens in a new tab))