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This article represents a comprehensive review of the main financial literature consisting of the main studies in family businesses. Focusing on the agency theory, the review describes the main agency problems that arise between managers and owners, between managers and debt holders, and between...
Persistent link: https://www.econbiz.de/10013133207
This paper builds on existing theoretical and empirical studies in the areas of family business and entrepreneurship. It uses Dubin´s theory building framework to propose a model for conducting research of family businesses and its linkage to entrepreneurial activities in Mexico. This works...
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Despite the economic importance of family businesses, legal scholarship has often overlooked their distinctive character. Instead, scholars focus on the chosen form of business organization — partnership, corporation, LLC — and assume that the participants are economically rational actors...
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