Though the total accumulated revenues remains considerably less than corporation, a large portion of organizations in the world is in the form of small/micro businesses. Created by individual entrepreneurs, who once have dreams, small businesses have now dominated the world economy. The...

We explore the relation between family ownership and corporate investment policy. Our analysis centers on two incentives, risk aversion and extended investment horizons, which potentially influence the level and type of investments that family firms undertake. We find that family firms devote...

While researches have long suggested that firms must be attentive to their key stakeholders, the question of how attention to different stakeholders may have different benefits for different firms has not been well addressed. This is especially true in the case of family businesses, which...

This article focuses on the construct of human capital in family businesses. It makes three key contributions. First, it furthers our understanding of human capital in family businesses by identifying the underlying dimensions of human capital, involving not only knowledge, skills and abilities...

Private equity is invested mostly in established firms, of which family businesses are the dominant form. Under the pecking order hypothesis, private equity is a finance of last resort. Tests of the pecking order and its assumptions have provided conflicting results. For family firms, the...

This study aims to examine whether there are differences in performance between family and non-family firms, taking into account the peculiarities of the Mexican corporate governance system. We propose an analysis that allows us to conduct a comprehensive study and comparison between companies...

The present study investigates the link between family ownership/control/management and firm performance, focusing on financial relations. This study aims to reconstruct the existing theoretical framework and systematize the current state of knowledge, distinguishing between widely corroborated...

Integration of female talents in top positions is increasingly emerging as a key factor for business continuity. At the same time, there is a long way to go for integration to be significant as women’s presence in such positions is still scarce and slowly growing in all types of firms. This...

This study examines the entrepreneurial behavior of family firms by replicating a study undertaken in 2006 by Kellermanns and Eddleston [Kellermanns, F. W., & Eddleston, K. A. (2006). Corporate Entrepreneurship in Family Firms: A Family Perspective, Entrepreneurship Theory and Practice, Vol. 30,...

We examined how kin density within family-owned firms related to perceptions of nepotism and organizational justice; we also examined the moderating role of family membership in these relationships. In a sample of 79 family employees and 299 non-family employees in 21 family-owned businesses, both...