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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 …
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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 …
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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 …
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