Motivations Behind the Adoption of Family Holdings

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Focusing on the motivations behind the adoption of family holding organizations in Turkey, the book highlights the significance of normative priorities over utilitarian reasons. It explores how early adopters aimed to perpetuate family legacy, ensure welfare for family members and shareholders, and gain moral legitimacy. Through the lens of institutional and social identity theory, the findings suggest that owners and executives prioritize normative factors, shaping an identity that values these principles above practical considerations.