Contented Family Business: The Case of ‘Soaked Meatball’in Turkey

Erhan Atay, Serkan Bayraktaroglu, Habibe Ilhan

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The case of “soaked meatball” (Islama Köfte) is selected to represent the unique model of small business management focusing on the ‘contented business model’ where instead of growth and expansion, preservation of quality and values guide the business strategy. The dynamics and driving factors of small family businesses imbued with local, cultural characteristics are presented from oral history accounts obtained from conversations with early founders who are still alive and present owners. It has been revealed that these family businesses, which have been providing region-specific services for years and preferring not to grow, have followed specific business strategies. Contrary to the general belief that business nature is expansion, family firms in this study prefer not growth and contented with their small business from generation to generation.
Original languageEnglish
Title of host publicationBAM2021 Proceedings
Place of PublicationLondon
PublisherBritish Academy of Management
Pages1-19
Number of pages19
ISBN (Electronic)9780995641341
Publication statusPublished - 31 Aug 2021
Externally publishedYes
EventBritish Academy of Management Conference (BAM2021) - Online
Duration: 31 Aug 20213 Sept 2021
https://www.bam.ac.uk/events-landing/conference.html

Conference

ConferenceBritish Academy of Management Conference (BAM2021)
Period31/08/213/09/21
Internet address

Keywords

  • Family business
  • local food
  • non-growth strategy
  • contended family business

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