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Multi-family offices across the globe: Recent developments and future research

Decker, Carolin (2017). Multi-family offices across the globe: Recent developments and future research. In: Kellermanns, Franz and Hoy, Frank eds. The Routledge Companion to Family Business. Routledge, pp. 195–207.

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In this essay, I apply the business model-concept to internationally operating multi-family offices. These organizations specialize on the preservation of enterprising and geographically dispersed families’ fortunes and the provision of custom-tailored services across generations and countries. Despite the rising popularity of multi-family offices, our knowledge on how these specialist institutions do business in and across different national contexts is limited. We do not know whether their business models are characterized by global standardization or local adaptation. Based on two institutionalist traditions in organization theory, I discuss this tension between global standardization and local adaptation and outline opportunities for future research.

Item Type: Book Section
ISBN: 1-138-91911-X, 978-1-138-91911-2
Keywords: multi-family office, business model, institutional theory, national business-systems
Academic Unit/School: Faculty of Business and Law (FBL) > Business > Department for Public Leadership and Social Enterprise
Faculty of Business and Law (FBL) > Business
Faculty of Business and Law (FBL)
Item ID: 54474
Depositing User: Carolin Decker-Lange
Date Deposited: 19 Apr 2018 10:45
Last Modified: 15 Dec 2018 13:24
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