Drawing on stewardship theory and arguments in relation to social and reputational capital, this study investigates how family involvement affects engagement in firm philanthropy in small and medium-sized family firms. Specifically, we argue that family involvement in ownership positively...

During the last decades considerable academic attention has been given to the internationalization of family businesses, as it is often considered a way to revitalize both the family and the business. Despite this increasing attention, the debate on its drivers, challenges and constraints is...

Stemming from different theoretical perspectives the article examines the conflicts of interest arising among the actors (citizens, local governments, private shareholders, service providers) that at various levels are involved in local public utilities governance systems. The main results of a...

Market reforms such as privatization are often put in place with the aim of improving economic efficiency, reducing the role of the state and increasing the degree of private sector competition. These reforms are expected to have a positive effect on the local economy (Megginson and Jeffry,...