Successional Issues in Asian Family Firms

Cover......Page 1
Contents......Page 8
List of Tables and Figures......Page 11
Acknowledgments......Page 12
1 Family Firms in the South Asian Diaspora......Page 14
Introduction......Page 18
From the sub-continent to East Africa......Page 20
Migration to the United Kingdom......Page 23
Migration to and settlement in the United States of America......Page 27
The Kenyan economy......Page 30
Entrepreneurship and business development......Page 35
Resources available for business development......Page 37
The dynamics of family firms......Page 40
Entry of the younger generation – From founder to successor......Page 43
Passing on the mantle – From second to third generation......Page 46
The involvement of other family members......Page 51
Summary......Page 53
Business start-up......Page 54
Push factors......Page 55
Pull factors......Page 56
South Asian entrepreneurship in Britain......Page 58
South Asian push factors......Page 59
Assessment of the debate on Asian entrepreneurship......Page 64
Introduction......Page 67
Obligation......Page 68
Filial obligation – 'Anticipated' triggers......Page 69
Filial obligation – 'Unanticipated' triggers......Page 73
Parental obligation......Page 77
The mother – The silent buffer......Page 80
The mother as a buffer – A culturally specific phenomenon?......Page 85
Ethnic entrepreneurship in the United States......Page 87
Asian business start-up – New frontiers......Page 90
Development of capital through education......Page 94
Dynasties – Asian family businesses......Page 96
Introduction......Page 98
Business start-up......Page 99
Aspirations of the younger generation......Page 101
Family members......Page 105
Dynamics of generations working in the family firm......Page 107
Introduction......Page 111
Younger generation entry – Filial obligation......Page 112
Reliance on family and co-ethnic resources......Page 116
Involvement of family members......Page 120
Working dynamics across the generations......Page 121
Introduction......Page 123
The Kenyan experience......Page 124
The British experience......Page 128
The American experience......Page 130
Implications for further research in the field of family firms......Page 132
Appendix 1 Kenyan Cases......Page 135
Appendix 2 British Cases......Page 141
Appendix 3 American Cases......Page 147
References......Page 152
I......Page 161
U......Page 162
W......Page 163