Growing Beyond Smallness: How Do Small, Closely Controlled Firms Survive?

International Small Business Journal, Vol. 28, No. 6, pp. 620-630, 2010

11 Pages Posted: 27 Oct 2011

See all articles by Wilson Ng

Wilson Ng

IDRAC Business School, Campus de Lyon

Kevin Keasey

University of Leeds - Division of Accounting and Finance

Date Written: December 30, 2010

Abstract

This paper on a family-controlled firm in Singapore suggests how such businesses, in competitive industries, may grow and survive. Located in the literature on small firm growth, we explore a corporate incident that threatened the survival of the firm under study. An analysis of the manner in which the firm’s managers responded to this threat by developing and launching a new core business, without external intervention, forms the basis of the scholarly contribution of the case. It illustrates how a corporate incident can draw the attention of core shareholders to their need to address specific business and management issues and make subtle organizational changes that ensure the firm’s survival under close control.

Keywords: Absorptive Capacity, Closely Controlled Firms, Critical Incident, Family Firms, Tipping Points

JEL Classification: M13

Suggested Citation

Ng, Wilson and Keasey, Kevin, Growing Beyond Smallness: How Do Small, Closely Controlled Firms Survive? (December 30, 2010). International Small Business Journal, Vol. 28, No. 6, pp. 620-630, 2010, Available at SSRN: https://ssrn.com/abstract=1949468

Wilson Ng (Contact Author)

IDRAC Business School, Campus de Lyon ( email )

47, Rue du Sergent Michel Berthet
Lyon, 69009
France
+447557098046 (Phone)
+6042292437 (Fax)

HOME PAGE: http://www.enjoyyourbusinessresearch.com

Kevin Keasey

University of Leeds - Division of Accounting and Finance ( email )

Leeds LS2 9JT
United Kingdom
+44 (0)113 343 2618 (Phone)

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