864
Views
14
CrossRef citations to date
0
Altmetric
Articles

The business elite in Finland: a prosopographical study of family firm executives 1762–2010

Pages 1112-1132 | Published online: 19 Mar 2015
 

Abstract

This study presents a prosopographical analysis of the Finnish business elite. The longitudinal panel dataset includes 456 members of family firms from 1762–2010 who have received the honorary title of counsellor in Finland. Counsellor biographies have been written by an economic history association network of 130 historians. Most family firms are no longer elite after the third generation of the family business or the second counsellor generation; therefore, the same core families rarely remain part of the economic elite for more than 100 years.

Notes

1. This study focuses on counsellors with the Finnish honorary titles kauppaneuvos (counsellor of sales and trade), vuorineuvos (counsellor of mining), talousneuvos (counsellor of commerce), maanviljelyneuvos (counsellor of agriculture), and teollisuusneuvos (counsellor of industry).

2. , “The Forms of Capital,” 53–55, and “The Social Space,” 723–724.

3. CitationHabbershon and Pistrui, “Enterprising Families”; CitationHabbershon and Williams, “A Resource-based Framework”; CitationSalvato and Melin, “Creating Value.”

4. CitationColli, The History of Family Business, 20; CitationNordqvist, “Understanding Strategy,” 12–14.

5. CitationJensen and Zajac, “Corporate Elites,” 521.

6. CitationHabbershon, Nordqvist, and Zellweger, “Transgenerational Entrepreneurship,” 3–4.

7. CitationVianello “Gender Differences,” 503.

8. CitationFellman, “Prosopographic Studies,” 19.

9. CitationGhent and Jaher, “The Chicago Business Elite.”

10. CitationMonsen, “The Unrecognized Social Revolution.”

11. CitationMaclean, Harvey, and Chia, “Reflexive Practice,” 401.

12. CitationSalvato and Aldrich, “‘That's Interesting!’,” 130.

13. CitationBoyd, “Transformation”; CitationCamp, “Informal and Formal Networking”; CitationTedlow and Friedman, “Statistical Portraits.”

14. CitationHaxhi, van Ees, and Sorge, “A Political Perspective,” 543–544.

15. CitationHarvey and Maclean, “Capital Theory,” 116–117.

16. CitationColli, Howorth, and Rose, “Long-term Perspectives,” 849.

17. CitationMackie, “Family Ownership.”

18. CitationCookson, “Family Firms.”

19. CitationLitz, Pearson, and Litchfield, “Charting the Future.”

20. CitationCassis, “Business Elites,” 25–26.

21. CitationGinalski, “Business Elites.”

22. CitationGinalski, Bühlmann, and Mach, “Swiss Business Elites.”

23. CitationSharma, “An Overview,” 5.

24. CitationBarton, “Determinants of Economic Attitudes”; CitationConti and O'Neil, “Studying Power”; CitationRuostetsaari, “The Anatomy.”

25. CitationMaclean, “Corporate Governance,” 109.

26. CitationDogan, “Introduction,” 13.

27. CitationClark and Soulsby, “The Re-formation,” 300–301.

28. CitationKadushin, “Friendship,” 219.

29. CitationDavison, “[In]visible [In]tangibles,” 179.

30. CitationUseem and McCormack, “The Dominant Segment,” 403–404.

31. CitationYoo and Hee Lee, “In Search of Social Capital,” 542.

32. CitationMaclean, Harvey, and Press, “Managerialism,” 546.

33. CitationBassett, “Partnerships,” 552–553.

34. CitationColli and Rose, “Family Business,” 206.

35. CitationAmatori and Colli, Business History, 61.

36. CitationKryshtanovskaya and CitationWhite, “From Soviet Nomenklatura” and “The Rise”; CitationShurchkov, “New Elites.”

37. CitationAndrle, “The Buoyant Class”; CitationWalder, “Elite Opportunity.”

38. CitationDavis, Trebilcock, and Heys, “Ethnically Homogeneous,” 357.

39. CitationHigley, Hoffmann-Lange, Kadushin, and Moore, “Elite Integration,” 49–50.

40. CitationUseem, “The Social Organization,” 569–570.

41. CitationHeemskerk, “The Rise”; CitationMizruchi, “What Do Interlocks Do?”; CitationScott, “Networks.”

42. CitationShavit and Blossfeld, Persistent Inequality.

43. CitationHeemskerk and Fennema, “Network Dynamics,” 825–826.

44. CitationGoodman, “Ethics and Enterprise.”

45. CitationBourdieu, The State Nobility; CitationHartmann, “Class-specific Habitus”; CitationSaveth, “Education of an Elite.”

46. CitationMastekaasa, “Social Origins,” 233.

47. CitationChung and Luo, “Leadership Succession,” 352–353; CitationMurray, “The Succession Transition.”

48. CitationLambrecht and Donckels, “Towards a Business Family,” 399.

49. CitationBrockhaus, “Family Business Succession”; CitationCater III and Justis, “The Development”; CitationChrisman, Kellermanns, Chan, and Liano, “Intellectual Foundations”; CitationHolt and Popp, “Emotion”; CitationLe Breton-Miller, Miller, and Steier, “Toward an Integrative Model”; Mazzola, Marchisio, and Astrachan, “Using the Strategic Planning Process”; CitationWesthead, “Succession Decision-making.”

50. CitationBlumentritt, Mathews and Marchisio, “Game Theory,” 64.

51. CitationZahra and Sharma, “Family Business Research,” 340.

52. CitationMiller and Le Breton-Miller, “Family Governance”; CitationMiller, Steier and Le Breton-Miller, “Lost in Time”; CitationSteier and Miller, “Pre- and Post-succession Governance.”

53. CitationDebicki, Matherne III, Kellermanns, and Chrisman, “Family Business Research,” 160–161.

54. CitationGinalski, “Can Families Resist”; CitationSan Román, Fernández Pérez, and Gil López, “As Old as History.”

55. Fernández Moya, “A Family-owned Publishing Multinational.”

56. CitationSardeshmukh and Corbett, “The Duality,” 121–122.

57. CitationColli, Fernández Pérez, and Rose, “National Determinants,” 44–45.

58. CitationFellman, Uppkomsten, 155.

59. CitationRowlinson, Hassard, and Decker, “Research Strategies,” 251.

60. The author would like to thank the Finnish Economic History Association; the authors of the biographies (130 academic researchers in the network of the Finnish Economic History Association); the leader and editor of the project, professor Ilkka Nummela (University of Jyväskylä) and the managing editor, Kirsi Keravuori (Biographical Centre, Finnish Literature Society), for their mentoring; Tuomas Möttönen (University of Jyväskylä), Samppa Penttinen (University of Jyväskylä), Teemu Tuomisalo (University of Jyväskylä), Risto Valjus (Biographical Centre, Finnish Literature Society) and Niklas Alén (Biographical Centre, Finnish Literature Society) for their support and assistance; the project supervisory board members professors Susanna Fellman and Jari Ojala; and the project researcher, Tiina Hemminki.

61. CitationFellman, “Prosopographic Studies,” 8.

62. CitationColli, “Contextualizing Performances,” 255–256.

63. CitationJeremy, Dictionary of Business Biography.

64. CitationMathisen, “Where Are All the PDBs?,” 98.

65. CitationLambkin, “Towards a Prosopography.”

66. CitationRuggini, “Rome in Late Antiquity.”

67. CitationAlbright, “Cuneiform Material”; CitationMathisen, “The Prosopography.”

68. CitationBarnish, “Late Roman Prosopography”; CitationRich, “Forward”; CitationSpitzer, “Malicious Memories.”

69. CitationMcConica, “The Prosopography”; CitationWest, “Notes on Achaean Prosopography.”

70. CitationBernstein, “Prosopography,” 42.

71. CitationBarman and Barman, “The Prosopography.”

72. CitationVerboven, Carlier, and Dumolyn, “A Short Manual,” 39.

73. CitationBendix and CitationHowton, “Social Mobility” and “Social Mobility.”

74. CitationPlamper, “The Russian Orthodox Episcopate.”

75. CitationLigon, Harris and Hunter, “Quantifying Leader Lives.”

76. CitationBroady, “French Prosopography,” 381–382.

77. CitationBradley and Short, “Texts into Databases,” 21–22.

78. CitationKeats-Rohan, “Biography”; CitationShapin and Thackray, “Prosopography.”

79. CitationMacLeod and Nuvolari, “The Pitfalls,” 774–775.

80. CitationBulst, “Prosopography and the Computer,” 15.

81. CitationCohen, “Missing, Biased, and Unrepresentative,” 174.

82. CitationFellman, Uppkomsten.

83. CitationSan Román et al., “As Old as History”; CitationGinalski, “Can Families Resist.”

84. CitationBarton, “Determinants of Economic Attitudes”; CitationConti and O'Neil, “Studying Power”; Ruostetsaari, “The Anatomy.”

85. CitationMastekaasa, “Social Origins.”

86. CitationMaclean, “Corporate Governance.”

87. CitationKadushin, “Friendship.”

Additional information

Notes on contributors

Juha Kansikas

Juha Kansikas is a senior lecturer of entrepreneurship at the Jyväskylä School of Business and Economics, Jyväskylä University, where he completed a doctoral degree in 2004. In 2012, he was a visiting associate professor at the John Molson Business School, Concordia University, Montreal, Canada. His research interests include elite business careers, entrepreneurship and family business.

Log in via your institution

Log in to Taylor & Francis Online

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
USD 53.00 Add to cart

Issue Purchase

  • 30 days online access to complete issue
  • Article PDFs can be downloaded
  • Article PDFs can be printed
USD 249.00 Add to cart

* Local tax will be added as applicable

Related Research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.