Brief Summary of Minutes of Annual Meeting

Minutes of the mid-year meeting (May 22-24, 2004) are available at http://www.human.cornell.edu/ne167/minutes/Min0504.html. The meeting was called to order on Saturday, October 16, 2004 by Co-chair, Glenn Muske at the University of Minnesota, St. Paul, MN.  Minutes of the 2003 meeting (Des Moines, IA) were approved.

Project Status

The NE-167 project terminates on September 30, 2006.  Timelines were reviewed by Administrative Advisor, Kay Obendorf, for the following options:  (1)requesting a move to the North Central region and (2) requesting permission to form an NC proposal writing committee.  The NC writing committee request will be submitted in December, 2004.

State Reports and Declarations

State reports were presented and discussed by project objective. Researchers were asked to review and revise the impact statements in their state reports, and to repost the reports to the listserve.  Also, the group was encouraged to post abstracts from completed works that are included in the state reports, to the NE-167 web site. The declarations policy was reviewed.  While the current policy deals with the declaration process, the policy does not identify what (i.e., data set, all variables in the codebook, etc.) needs to be declared.  The policy committee will review the declarations policy and recommend changes. 

Report from CSREES Advisor

Jane Schuchardt, CSREES Advisor, reviewed her role at CRSEES and provided us with information about the topics and issues of particular interest at the Federal level.  She presented suggestions on publication and presentation outlets for NE-167 work as well as contacts for funding sources.

African-American Dataset available from Baruch College

Ed Rogoff, Baruch College, reported that the minority data is available for use by NE-167 researchers.  He recommends that we follow a declaration process so that all involved researchers know about ongoing projects.  It was suggested that the NE-167 declarations process for publications be used for that purpose.  The NE-167 Co-chairs will work with Ed regarding access to the declaration process, codebook and dataset.

State Leader Representation from Illinois and Arkansas

The University of Illinois, Champaign-Urbana and the University of Arkansas have been contacted regarding the appointment of a state leader from both institutions.  Both universities contributed to the funding of NE-167.

Election of NE-167 Secretary

Holly Schrank, Purdue University, was re-elected. Next Meeting The purpose of the next meeting in April, 2005 is to develop the next proposal and to elect leadership for a new project.  The next meeting will be at Columbus, Ohio from April 10-12, 2005 (Saturday thru noon on Monday), to coincide with the annual ACCI meeting.  If the NC writing committee request has been approved, the group will meet with its new NC Administrative Advisor. Final NE-167 Meeting The fall meeting is tentatively scheduled for October 8-10, 2005 in one of three locations:  (1) Indianapolis, IN, (2) Minneapolis, MN, or (3) Kansas City, KS.  Co-chair Glenn Muske will report back to the group. Family Business Research Group International Data Collection Kay Stafford (Ohio) and Sharon Danes (Minnesota) will investigate the costs versus benefits of participating in an international data collection effort and report back to the group.  Proposal Development Future research directions, objectives, methodology, etc. were discussed.  Commitments by researchers were made for tasks needed to ensure completion of the proposal New objective 1 To describe and estimate the contribution of family and community resources, structures and processes to the success of the family business. New objective 2 To describe and estimate changes in structures, strategies, resource allocations, and processes by family-owned businesses and their families caused by: (a)  major events (possible internal and external, e.g. 9/11, birth, death, divorce, detention, etc.) (b)  major changes in public policy (possible internal choices or external "mandates" e.g., food safety, patriot act, Sarbanes/Oxley act, immigration, tax structure changes, government aid and tax incentives)  Commitments were made by researchers for completing various tasks by deadlines that will enable timely completion of a proposal by early Summer 2005.  The proposal will then be sent out for peer review in time for revisions and completion of a final version, which will be submitted to NCA-5 in December 2005 for the initial stage of the approval process. The business meeting was adjourned at 11:53AM on October 18, 2004.

Accomplishments can be grouped into two categories: 1) specific data analysis, and 2) the presentation of findings and implications through publications and presentations. (Intermingling)

Measurements of financial intermingling between family and business tensions for family business owning husbands and wives, in a family and non-family businesses.

(Community Variables)

Identification of the community social responsibility characteristics of managers has an influence on business success.

(SEV Scale)

The development of a socioeconomic for counties which measure the socioeconomic conditions in a local area.

(Succession Planning)

Use of logistic regression analysis to predict succession planning.

(Panel Data)

Comparison of panel data in 1997 and 2000 - attrition can be handled by measuring business stability.

Findings and implications include:

Business cash flow problems and community support are important factors that predict business success for family-owned businesses in both vulnerable and non-vulnerable counties.

Business resources and constraints are significant predictors of business success for family-owned businesses in more and less vulnerable counties.

(Tensions)

Decision-making involvement by the spouse in a family business and business tensions affect the relationship of family business-owning couples.

For both spouses within family business-owning couples, having the husband place family over business in priority, having a high level of functional integrity in the family system, and having a wife who was satisfied with her role in the business was associated with decreased tensions.

(Succession Planning)

Family business owners with a succession plan tended to be older, worked longer hours in the family business, had few children, and had higher business management scores than did those without a succession plan.

(Panel Data)

Ceasing to be involved in a business should not be viewed as a business or a managerial failure.  Some changes may be failures, but others should be viewed as ordinary business or family developments.

Objective 1 Danes, S.M., & Haberman, H. R. (2005).  Gendered discourse about family business.  Family Relations, 54,116-130. Danes, S.M., & Morgan, E.A. (2004). Family business-owning couples: An EFT view into their unique conflict culture.  Contemporary Family Therapy, 26(3), 241-260. Danes, S.M., & Lee, Y.G. (2004). Tensions generated by business issues in farm business-owning couples.  Family Relations, 53, 357-366. Haynes, G. W., & Muske, G. (2004). Business and family income: Resource intermingling and financial success. In R. K. Z. Heck, A. N. Puryear, & P. A Tombline, (Eds). A Toolkit for Home-based Entrepreneurs (pp. 78-90). NY: Baruch College Lawrence N. Field Center for Entrepreneurship and Small Business. McCann, G., Hammond, C., Keyt, A. Schrank, H., & Fujiuchi, K.  (2004).  A View from Afar:  Rethinking the Director's Role in University-Based Family Business Programs.  Family Business Review, 17(3), 203-217. Winter, M., Danes, S.M., Koh, S., Fredericks, K., & Paul, J.  (2004). Tracking Family Businesses and their Owners Over Time:  Panel Attrition, Manager Departure, and Business Demise.  Journal of Business Venturing, 19, 535-559. Jasper, C.R., Goebel, K.P., & Lee, Y. (2003). Business Issues: Identification & Retirement Planning/ Strategies Succession. In R.K.Z. Heck, A.N. Puryear, & P.A. Tombline, (Eds.). A Toolkit for Home-Based Entrepreneurs (pp. 140-151). NY, NY: Baruch College, Lawrence N. Field Center of Entrepreneurship and Small Business. Lee, Y.G., Jasper, C.R., & Goebel, K. (2003). A Profile of Succession Planning: Among Family Business Owners. Journal of Financial Counseling and Planning. 14, (2), 1-12. Paul, J., Winter, M., Miller, N. J., & Fitzgerald, M. A.  (2003).  Cross-institutional norms for timing and sequencing and use of adjustment strategies in families affiliated with family-owned business.  Marriage and Family Review, 35, 167-191. Objective 2 Fitzgerald, M. A., Muske, G., & Philbrick, C. (2004). Business satisfactions: Relationships in the work environment. In R. K. Z. Heck, A. N. Puryear, & P. A Tombline, (Eds). A Toolkit for Home-based Entrepreneurs (pp. 101-112). NY: Baruch College Lawrence N. Field Center for Entrepreneurship and Small Business. G. W., & Muske, G. (2004). Business and family income: Resource intermingling and financial success.  In R. K. Z. Heck, A. N. Puryear, & P. A Tombline, (Eds). A Toolkit for Home-based Entrepreneurs (pp. 78-90). NY: Baruch College Lawrence N. Field Center for Entrepreneurship and Small Business. Muske, G., Fitzgerald, M. A., & Kollmorgen, N. (2004). How business management practices affect business success and the family. In R. K. Z. Heck, A. N. Puryear, & P. A Tombline, (Eds). A Toolkit for Home-based Entrepreneurs (pp. 125-135). NY: Baruch College Lawrence N. Field Center for Entrepreneurship and Small Business. Objective 1+2 Danes, S.M., & Lee, Y.G. (2004). Tensions generated by business issues in farm business-owning couples.  Family Relations, 53, 357-366. Haynes, G., Muske, G., Fitzgerald, M., Fong, G., & Douglas, S. (2004). Developing a county-level socio-economic scale. 2004 Community Development Society Proceedings. Haynes, G., Muske, G., & Fitzgerald, M. A. (July, 2004).  Developing a socio-economic scale.  Community Development Society Conference, Cleveland, OH. Lee, Y.G., Jasper, C.R., & Goebel, K. (2003). A Profile of Succession Planning: Among Family Business Owners. Journal of Financial Counseling and Planning. 14, (2), 1-12.