منابع مشابه
Contractual and Relational Family Firm Governance: Substitution or Complementarity?
In this paper we argue that substantial weaknesses in corporate governance structures may be responsible for the pervasive failure of family firms to survive into the next generation. Aiming to improve extant knowledge on governance of family-owned enterprises that might boost their prosperity and longevity, we advance an integrative conceptual model which builds on boundary theory premises and...
متن کاملCorporate Governance Provisions, Family Involvement, and Firm Performance in Publicly Traded Family Firms
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 on 386 of the S&P 500 fir...
متن کاملBlood and Money: Kin altruism, governance, and inheritance in the family firm
Using the kin altruism framework (Hamilton, 1964), this paper models descendant family firms. Kin altruism makes relatives soft monitors, leading to a “policing problem” within family firms. This policing problem results in both increased managerial diversion and increased monitoring expense at fixed compensation levels. When incentive constraints determine compensation, increasing kinship alwa...
متن کامل3 Essays on Corporate Governance, Firm Value and Startegy: Evidence from Founding Family Firms
In my dissertation, I examine how the corporate governance structure may affect the firm value in the market for control and affect strategic behavior of the firm. Particularly, I focus on founding family business firms which have been largely understudied in the management literature. In my first essay, I empirically examine how founder management affects takeover premiums in mergers and acqui...
متن کاملThe relationship among family business, corporate governance and firm performance: Evidence from the Mexican stock exchange
This study aims to examine whether there are differences in performance between family and nonfamily 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 with different (i.e., family vs. non-family) ownership structures, distinguished by developed patterns ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Family Business Management
سال: 2016
ISSN: 2043-6238
DOI: 10.1108/jfbm-05-2016-0010