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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 …
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In Europe, a huge share of firms is family owned. Since family firms are known to be more risk averse concerning … international transactions, an interesting question emerges: Do family firms adopt a different international sourcing pattern …. Altering the Gloubal Sourcing model of Antràs and Helpman, this theoretical contribution adopts a family firm's perspective …
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