How family events affect the ownership transfer and justice construction process in business-owning families

Lead Research Organisation: Aston University
Department Name: College of Business and Social Sciences

Abstract

The proposed fellowship programme is intended to significantly increase my academic career prospects by establishing an academic publication track record and by building my networks across a range of academic and non-academic audiences. First, the fellowship will allow me to capitalise on my past work experience as a research specialist working in the post-compulsory education, skills and business support sector. Secondly, it will provide me with the opportunity to disseminate my thesis findings to enhance our collective understanding of business-owning families, and how they make sense of issues of fairness in the transfer of ownership from one family generation to the next. I do not plan to conduct further research during the fellowship, instead I will be refining draft papers and developing papers from my research. These will be presented and submitted to international academic conferences and top-ranked journals, as shown within the communications plan and project milestones. This activity is essential for my future employability within the UK academic sector.

Throughout the duration of the fellowship I will be improving my employability skills by being the lead on the co-authoring of papers. This will allow me to develop the tacit knowledge and skills by learning through close working with leading scholars in my field, such as my proposed mentor Professor Nicholas O'Regan. I will also improve my ability to transition to an academic researcher and teacher by identifying and drawing together family and business scholars within Aston University to shed new light on how we can collectively pool expertise to enhance future understanding of business-owning families.

Importantly, I will use the fellowship to engage with policy and practitioners engaging with business-owning families, to work with them to more effectively support such families to successfully transfer their ownership between family members and across family generations. Specifically, I will be organising working meetings to share knowledge and co-create better support frameworks. This will involve participants from family-business specific organisations and general business support organisations.

Finally, I will take full advantage of the training opportunities that are available by Aston University's Learning and Development Centre and specific training organised by bodies such as the ESRC, British Academy of Management (BAM) and others to support the delivery of this project and launch my academic career. This fellowship will enable me to capitalise on my professional and academic research career to date, through establishing a publication and impact track record that is essential to compete in the highly competitive academic world.
 
Description My PhD findings have been used to put on a Symposium with The Family Business Network, used to co-create a practitioner guidance document working with the Institute for Family Business Research Foundation, used to draft one academic paper submitted to the 3* journal Family Business Research that has received a revise and re-submit, and working with an academic at another university I have submitted a book chapter on the methodology I used to gather my data.
First Year Of Impact 2021
Sector Other
Impact Types Societal

Economic

Policy & public services

 
Description Conference E-Poster Presentation 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Other audiences
Results and Impact I presented my first paper on a family development model of ownership transfer in business-owning families to the International Conference on Family Business Strategy Management on 16 February 2021. The conference was digital and the audience was international.
Year(s) Of Engagement Activity 2021
 
Description Policy Stakeholder Relationship Building 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Professional Practitioners
Results and Impact I am working with the Family Business Network to develop new content for their subscription channel aimed at family business subscribers who require business support. We will be creating podcasts related to my thesis key findings and this will add to other academic and non-academic podcasts developed from their (virtual) Global Symposium that I attended in November 2020.
Year(s) Of Engagement Activity 2020,2021
 
Description Policy Stakeholder Relationship Building 
Form Of Engagement Activity A talk or presentation
Part Of Official Scheme? No
Geographic Reach National
Primary Audience Policymakers/politicians
Results and Impact I have established a relationship with Institute for Family Business Research Foundation. I have ongoing contact by telephone and email with the Head of Research. I have attended IFB Virtual Conference in January 2021, and I am having discussions to finalise a collaboration with Head of IFB Research Foundation on a thought piece relating to my thesis findings.
Year(s) Of Engagement Activity 2020,2021
 
Description Speaker at the IFBRF 2022 & Beyond: Governance in Family Business 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact I was a speaker and was a Q&A panel member at the Institute for Family Business Research Foundation annual conference. This reaches an international audience of policy-makers, practitioners and academics with an interest in family businesses. As a result I had the opportunity to network and I am now in contact with new family business researcher contacts who work in UK and International Universities specialising in the study of family businesses e.g. Lancaster University, Loughbrough University and INSEAD.
Year(s) Of Engagement Activity 2022
 
Description Symposium: Helping Business-Owning Families Through the Great Wealth Transfer 
Form Of Engagement Activity Participation in an activity, workshop or similar
Part Of Official Scheme? No
Geographic Reach International
Primary Audience Industry/Business
Results and Impact I was the lead organiser of a Symposium working with The Family Business Network and Centre for Research in Ethnic Minority Entrepreneurship (CREME). Over 50 people attended virtually. The audience was comprised of financial institutions such as Banks and Accountants (HSBC, PWC), family business-owners, family business support organisations e.g. Family Business United and family business academics within the UK and internationally. The social media report produced by CREME details good online interest and engagement with the subject matter. As a result of this workshop a relationship was formed with the IFBRF resulting in a co-produced practical guide and a book chapter was co-written with a family business academic based in another University.
Year(s) Of Engagement Activity 2021