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 …

over different quantiles of firm performance. We suspect family monitoring to be the missing link in the ownership, control …The role of owner-family members as internal monitors of firm performance has been largely neglected in family business … studies so far. While family management of firms does not lead to clear performance improvements, accounting research has …

We study the implications of ownership and its induced incentives on firm survival on the stock market for young and …, our results differ from studies on more traditional firms. Ownership by CEOs has no influence on firm survival when …

paper suggests that if contracts are incomplete, then managerial stock ownership not only provides a mechanism to align … are specific to the new venture. Thus, in the context of new venture strategy assigning asset ownership to those who have … subsequent competitive advantage. This theory of entrepreneurial governance is tested using patent ownership as a proxy for both …