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Family Firms [PDF]

open access: yesThe Journal of Finance, 2002
AbstractWe present a model of succession in a firm owned and managed by its founder. The founder decides between hiring a professional manager or leaving management to his heir, as well as on what fraction of the company to float on the stock exchange.
Burkart, Mike   +2 more
core   +15 more sources

Financing decisions in private family firms: a family firm pecking order. [PDF]

open access: yesSmall Bus Econ (Dordr), 2022
Family firms are one of the most ubiquitous forms of business organizations worldwide. Their survival and growth are thus not only crucial for the firms themselves but also for the overall economy. One of the factors that influence their survival and development are their financing decisions.
Jansen K   +3 more
europepmc   +5 more sources

Regional culture: The role of the invisible hand in shaping local family firms’ top management team [PDF]

open access: yesFrontiers in Psychology, 2022
Research on family businesses has focused on the differences between family and non-family firms regarding the top management team (TMT), while this study further explores the difference within family firms from different regional culture based on the ...
Xiaodong Yu   +5 more
doaj   +2 more sources

Family firm research – A review [PDF]

open access: yesChina Journal of Accounting Research, 2014
This article reviews family firm studies in the finance and accounting literature, primarily those conducted using data from the United States and China.
Qiang Cheng
doaj   +4 more sources

Why do family firms dismiss their family CEOs? A perspective on kinship ties. [PDF]

open access: yesPLoS ONE, 2023
Existing studies have suggested that nonfamily CEOs are more likely to be fired from family firms, while we focus on why family CEOs are also fired from family firms. Using data from 455 listed Chinese family firms, we find that family CEOs with affinity
Xiaodong Yu   +4 more
doaj   +2 more sources

Organizational Psychological Capital in Family Firms: the Role of Family Firm Heterogeneity. [PDF]

open access: yesSchmalenbach Z Betriebswirtsch Forsch, 2021
AbstractOrganizational psychological capital—comprising hope, confidence, resilience, and optimism—is a vital resource for family firms in times of stress. Surprisingly, whether and how family firm idiosyncrasies impact organizational psychological capital remains unclear.
Fischer-Kreer D   +4 more
europepmc   +6 more sources

Internationalization of family firms on innovation: Moderating impact of socioemotional wealth and institutional environment. [PDF]

open access: yesPLoS ONE
Currently, there is a lack of research specifically investigating the influence of internationalization on the innovation of family firms. This paper aims to investigate the influence of both internationalization depth and breadth on the innovation of ...
Lixin Zhou, Hanwei Zhou, Xiao Wei
doaj   +2 more sources

Models of innovative activity in family business

open access: yesSocial Entrepreneurship Review, 2023
Background: A business can conduct innovative activities on its own in a so-called closed model or in cooperation with other external entities, i.e. in an open model.
Agnieszka Sopińska
doaj   +1 more source

[RETRACTED] Corporate governance, capital structure, and performance in family and non-family firms

open access: yesDIJB (Diponegoro International Journal of Business), 2022
This article was retracted due to the following reasons. A retraction announcement will be made in Vol 6 (1), 2023. RETRACTION TO: Putri, T. D., Jadmiko, P., Novianti, N., & Arista, G. T. (2022). Corporate governance, capital structure, and performance
Tyara Dwi Putri   +3 more
doaj   +1 more source

Are Family Firms More Levered? An Analysis of Family and Non-Family Firms

open access: yesSAGE Open, 2021
This study analyzes the leverage policies of the family and non-family firms of eight East Asian Economies (Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, and Taiwan) by using combined data of 690 family and non-family firms with 3,
Jahanzaib Haider   +2 more
doaj   +1 more source

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