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Titlebook: Stakeholder Trust in Family Businesses; Hannes Hauswald Book 2013 Springer Fachmedien Wiesbaden 2013

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Hannes HauswaldPublication in the field of economic science
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Introduction, Andersen, charges of fraud at Parmalat and WorldCom, questionable CEO compensation packages at Tyco, and billion dollar trading losses at Société Générale have placed corporate betrayals of trust at the center of many stakeholders’ attention (Snider, Hill, & Martin, 2003; Bachmann, Gillespie, & Kramer, 2011).
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Theoretical background,ate world (Hack, 2009). In contrast, research was focused on public companies with scattered ownership. Reports on family businesses were largely descriptive, based on anecdotal or stereotypical evidence, and focused on phenomenological problems, such as succession or business governance (Poutziouris, Smyrnios, & Klein, 2006).
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,Antecedents and outcomes of stakeholder trust in family businesses – An application of the integrats and organizational behavior and strategy (Gulati, 2008). Trust is believed to be significant in a number of ways: it enables cooperation, promotes network relationships, reduces harmful conflict, decreases transaction costs and facilitates the effective functioning of business relations (Kramer, 1999; Rousseau, Sitkin, Burt, & Camerer, 1998).
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,The influence of family ownership on stakeholders’ perceptions of trustworthiness,ders perceive a company as trustworthy, reflecting their expectation that the company will act benevolently, they are more willing to commit resources (Whitener et al., 1998; Kramer, 1999; Choi & Shepherd, 2005).
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,Family businesses’ ability to attract new talent: who is attracted and under what conditions?, & Cable, 2003). Based on the concept of person-organization fit (P-O fit), it is known that job seekers’ attraction and longterm commitment to an organization increase if they perceive that their needs and values fit the characteristics of the organization (Kristof, 1996; Cable & Judge, 1996; Chapman, Uggerslev, Carroll, Piasentin, & Jones, 2005).
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Hannes Hauswaldion control factors or variables. The response table based on the investigation and optimized data analysis “compares the relative magnitude of the effects,” including ranks on the basis of delta value. From the main effect plot, it can be clearly seen that the . is observed to be the most dominatin
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Hannes Hauswaldehaviour. Hence, controllers with complex coefficients are required for such systems to improve its time response and have a better stability margins. Hence, this chapter proposes complex coefficient fractional complex order controllers for such systems. An optimization approach is used to tune thes
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