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 …

controlling ownership is held by an individual, or a group of individuals, usually with family ties. Family ownership is the most …

connections, political ties, and family business-group affiliation. Many widely-cited findings may therefore be subject to …, political, and family networks for 1,290 large East Asian firms. We find that professional networks buoyed performance during … the 2008 financial crisis; political and family networks did not. We provide evidence that information access is a key …

factors: family ownership and source of the competitive pressure. A novel aspect of our paper is that we rely on two … predictions, sensitivity is higher in competitive sectors and the difference between family and non-family CEOs disappear when … competition is tough. Family CEOs are significantly less paid than non-family CEOs and their pay is significantly related to firm …

Evidence from around the globe shows that family firms are enduring, resilient forms of profit-seeking and not an … archaic, transient form that will inevitably disappear. Social science research has tended to characterize the family values … suggests an alternative heuristic approach of treating family firms as kinship enterprises that endure beyond the life of the …