Villalonga, Belén (contributor); Amit, Raphael (contributor) - 2007
board, families can control the firm’s management, strategic direction, and the voting agenda.
Indeed, earlier studies of … definition
of founding families: (1) Individuals or families behind investment management companies such
as Fidelity … management or leveraged buyout.
5
While these individuals may also set up
control-enhancing mechanisms and have conflicting …