TY - GEN N2 - This history of three powerful family firms located in different European countries takes place over a period of more than two hundred years. The interplay and the changing social and legal arrangements of the families shaped the development of a European capitalism quite different from the Anglo-American variety. Qualifying claims by Alfred Chandler and David Landes that family firms tend to be dysfunctional, Harold James shows how and why these steel and engineering firms were successful over long periods of time. Indeed, he sees the family enterprise as particularly conducive to managing risk during periods of upheaval and uncertainty when both states and markets are disturbed. He also identifies the key roles played by women executives during such times. In Family Capitalism, James tells how "iron masters" of a classical industrial cast were succeeded by new generations who wanted to shift to information-age systems technologies, and how families and firms wrestled with social and economic changes that occasionally tore them apart. Finally, the author shows how the trajectories of the firms were influenced by political, military, economic, and social events and how these firms illuminate a European model of "relationship capitalism." DO - 10.4159/9780674039094 DO - doi AB - This history of three powerful family firms located in different European countries takes place over a period of more than two hundred years. The interplay and the changing social and legal arrangements of the families shaped the development of a European capitalism quite different from the Anglo-American variety. Qualifying claims by Alfred Chandler and David Landes that family firms tend to be dysfunctional, Harold James shows how and why these steel and engineering firms were successful over long periods of time. Indeed, he sees the family enterprise as particularly conducive to managing risk during periods of upheaval and uncertainty when both states and markets are disturbed. He also identifies the key roles played by women executives during such times. In Family Capitalism, James tells how "iron masters" of a classical industrial cast were succeeded by new generations who wanted to shift to information-age systems technologies, and how families and firms wrestled with social and economic changes that occasionally tore them apart. Finally, the author shows how the trajectories of the firms were influenced by political, military, economic, and social events and how these firms illuminate a European model of "relationship capitalism." T1 - Family Capitalism :Wendels, Haniels, Falcks, and the Continental European Model / AU - James, Harold, JF - HUP eBook-Package Backlist 2000-2013 (Canada) JF - Harvard University Press eBook Package Backlist 2000-2013 CN - HD62.25 ǂb J355 2006eb LA - eng LA - In English. ID - 1478497 KW - Family-owned business enterprises -- Case studies. KW - Family-owned business enterprises -- Europe -- History. KW - BUSINESS & ECONOMICS / Economic History. SN - 9780674039094 TI - Family Capitalism :Wendels, Haniels, Falcks, and the Continental European Model / LK - https://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674039094 UR - https://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674039094 ER -