Dear Colleagues:
I am very pleased to announce the winners of FBR Best Paper Awards for articles published in FBR in 2016.
WINNER
Meier, O. & Schier, G. (2016) The early succession stage of a family firm: Exploring the role of agency rationales and stewardship attitudes. Family Business Review, 29(3): 256-277. Authors are both at universities in France.
http://journals.sagepub.com/toc/fbra/29/3
The question of how an incumbent generation can, at an early stage, prepare a firm and family to regulate conflicts of interests that will facilitate succession at a later stage is both theoretically and practically important. In addressing this question, the article offers a very long term view of succession. We always talk about this, but few studies actually do it. The data spans 20 years and was collected over a decade. The focus on conflicts of interest, including different types of agency problems, reveals important information about the dynamics of managing different shareholders. An aspect of the paper that is truly novel is the minute detail around money and the justifications offered for the way it’s divvied up amongst various claimants. The article provides a strong base for future research which can examine boundary and contextual conditions.
HONOURABLE MENTION
De Massis, A., Kotlar, J., Frattini, F., Chrisman, J.J. & Nordqvist, M. (2016). Family governance at work: Organizing for new product development in family SMEs. Family Business Review. 29(2): 189-213. Authors are associated with universities in the UK, Italy, the US, Canada and Sweden.
http://journals.sagepub.com/toc/fbra/29/2
This paper contradicts principles about innovation teams drawn from the non-family firm literature, through well-executed comparative case study methods. The authors show that prior research on organizing for new product development is inapplicable to, and may even be counterproductive for, firms that have typical family governance structures. The research shows that the role of family members really matter. There is a pleasing symmetry about the presentation of the case material in a series of eight tables that move almost imperceptibly from case descriptions to theoretical conclusions. The article lays a strong groundwork for theory testing papers to examine the insights offered here and identify their boundary conditions.
SELECTION COMMITTEE
There were three members of the selection committee.
Michael Carney (Senior Concordia University Research Chair, John Molson School of Business, Concordia University) has co-edited several special issues for FBR, is a member of the FBR Advisory Editorial Board, and is the recent Editor-in-Chief of Asia-Pacific Journal of Management.
Eileen Fischer (Anne & Max Tanenbaum Chair in Entrepreneurship and Family Enterprise, Schulich School of Business, York University) co-edited a special issue for FBR, is a member of the FBR Advisory Editorial Board, and is Editor of Journal of Consumer Research.
Trish Reay (Professor of Strategic Management and Organization, Alberta School of Business, University of Alberta) is a past Associate Editor of FBR, a recipient of the 2016 FBR Best Article Award and is Editor-in-Chief at Organization Studies.
The committee was chaired by Becky Reuber (Professor of Strategic Management, Rotman School of Management, University of Toronto), who is a past Associate Editor of FBR, a member of the FBR Advisory Editorial Board and Editor for International Entrepreneurship at Journal of International Business Studies.
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