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financial crisis. The involvement of family in firm's ownership, management and governance along with the firm's age constitute … firms with lower family ownership and prove a stronger performance in younger family businesses. The results of the study do … not confirm the positive involvement of family members, through management (CEO) and governance (BoD) positions in the …
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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 exploring and predicting behavioural and performance...
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