Handbook on Accounting and Control in Family Business
Edward Elgar Publishing
Will be published approx. on 28. December 2026
Book
Hardback
560 pages
978-1-0353-1108-8 (ISBN)
Description
This insightful Handbook outlines why accounting and control are essential, yet often neglected, topics in family businesses. Leading experts discuss the primary characteristics of family businesses that may impact these processes and how family firms can consistently apply core principles across a variety of contexts.
Contributors analyse the characteristics and criticalities of adopting managerial control systems, governance mechanisms, financial accounting practices and professional managers. They argue that four vital aspects must be considered in their application: managerialization, professionalization, governance and financial accounting. Assessing the impacts of proper accounting practices on earnings potential, financial structures and overall performance, the book proposes actionable recommendations for implementing more efficient and prosperous business strategies in family firms.
The Handbook on Accounting and Control in Family Business is an essential resource for scholars and students of business, economics, finance and accounting. Consultants, managers and members of family businesses will likewise benefit from its practical guidance.
Contributors analyse the characteristics and criticalities of adopting managerial control systems, governance mechanisms, financial accounting practices and professional managers. They argue that four vital aspects must be considered in their application: managerialization, professionalization, governance and financial accounting. Assessing the impacts of proper accounting practices on earnings potential, financial structures and overall performance, the book proposes actionable recommendations for implementing more efficient and prosperous business strategies in family firms.
The Handbook on Accounting and Control in Family Business is an essential resource for scholars and students of business, economics, finance and accounting. Consultants, managers and members of family businesses will likewise benefit from its practical guidance.
Reviews / Votes
'A multidimensional and systemic exploration of accounting and control in family business, integrating theoretical depth with practical relevance. Through its structured treatment of managerialization, governance, professionalization, and sustainability, enriched by insightful case studies, it provides a comprehensive reference framework and exemplifies best practice for academic scholars and practitioners alike.' -- Panikkos Poutziouris, European Institute for Management and Finance, Cyprus 'The definitive Handbook on family business accounting and control. Spanning management systems, governance, performance, sustainability, financial structure, valuation, and enriched by decades of empirical research and five illuminating real-world cases, this volume masterfully captures what makes family firms unique. Essential reading for scholars, practitioners, and advisors alike.' -- Wojciech Czakon, Jagiellonian University, Poland 'This is an important start on a line of inquiry much needed in the family business field. I look forward to future work on controls, processes, shareholder knowledge, internal audit, FP&A, and the effect of direct family involvement in each of these systems. Congratulations Songini and Gnan!' -- Joseph H. Astrachan, CeFEO, Joenkoeping University, SwedenMore details
Series
Language
English
Place of publication
Cheltenham
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 244 mm
Width: 169 mm
ISBN-13
978-1-0353-1108-8 (9781035311088)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Persons
Edited by Lucrezia Songini, Professor of Management and Accounting, Department of Sustainable Development and Ecological Transition, University of Eastern Piedmont and Luca Gnan, Professor of Organizational Behavior, Department of Management and Law, Faculty of Economics, University of Rome "Tor Vergata", Italy