The benefits of family ownership and control of firms are at the center of the family firm debate. Previous studies … have used either family ownership or management as proxies for control. Both indicators are off the mark, as they do not … of family ownership, control and management on financial firm performance, while controlling for goal heterogeneity of …

Purpose In order to deepen our knowledge of governance of family firms, the purpose of this paper is to focus our … attention on the relation between family owners who are members of the board of directors and firm performance. Also, this study … sheds more light on how the generation in charge of the family firm affects that relationship, as generational involvement …

This research examines the effectiveness of Family Constitution or Family Protocol agreements in mitigating each type … constitution is useful in reducing three of the four agency conflicts described in the literature, specifically between family … of agency conflict in family firms. We performed a qualitative analysis, through a case study, and found that the …

This study examines the moderation effects of corporate governance provisions on the link between family involvement (i ….e., family ownership and family management) in publicly-traded firms and firm performance by drawing upon agency theory, with a … focus on principal-principal agency issues, and the extant family governance literature. We develop and test the hypotheses …

The existing typologies, classifications that identify types of family firms based on specific characteristics, aim to … enhance our understanding of the heterogeneity of family businesses. However, these typologies fall short in thoroughly … these two research gaps, we use a sample of 814 small- and medium-sized family firms operating in 21 countries, collected by …

the mixed results about the relationship of ownership and performance presented by other relevant studies in family and … non-family businesses, mainly in emerging countries. The results confirm the positive association between family ownership … contrasting effect in the case of family as compared to non-family businesses. The particular corporate legal context in Mexico …