The impact of global trends on family firms' business practice

Language
en
Document Type
Doctoral Thesis
Issue Date
2022-07-15
Issue Year
2022
Authors
Schmitz, Bianca
Editor
Abstract

In today’s volatile and uncertain economic environment, family firms are facing a multitude of new challenges such as an increase in global competition and market disruption caused by technological advances and digitalization (e.g., Plötner et al. 2020). To remain competitive, they need to understand and address these challenges systematically. To support them in this endeavor, in this dissertation, I conducted four studies to examine three of these challenges: (1) mastering the digitalization of their business, (2) coping with the COVID-19 pandemic, and (3) accessing capital to finance new in-vestments and remain competitive.

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