scholarly journals The Survival of Family Firms: The Importance of Control and Family Ties

2005 ◽  
Vol 12 (2) ◽  
pp. 183-192 ◽  
Author(s):  
Enrico Santarelli ◽  
Francesca Lotti
Keyword(s):  
2017 ◽  
Vol 57 (5) ◽  
pp. 993-1007 ◽  
Author(s):  
Luis R. Gomez-Mejia ◽  
Martin Larraza-Kintana ◽  
Jose Moyano-Fuentes ◽  
Shainaz Firfiray
Keyword(s):  

2018 ◽  
Vol 10 (11) ◽  
pp. 4163 ◽  
Author(s):  
Pilar Giraldez-Puig ◽  
Emma Berenguer

The aim of this paper is to analyze the relationship of family executive women with firm performance in family firms. We have obtained a final sample of 269 family and non-family firms (comprising 3073 firm/year observations) from the Spanish High Council of Chamber (SHCC) website, while data were collected from System for Analysis of Iberian Balances database (SABI) for the period 2000 to 2011. Applying a generalized method of moments (GMM) panel data methodology, we observe a positive effect on the return on assets (ROA) depending on the existence of family ties of executive women. Several implications for the career development of women in family firms arise from our results.


2012 ◽  
Vol 3 (4) ◽  
pp. 239-250 ◽  
Author(s):  
Thomas M. Zellweger ◽  
Franz W. Kellermanns ◽  
Kimberly A. Eddleston ◽  
Esra Memili
Keyword(s):  

2012 ◽  
Vol 9 (4) ◽  
pp. 96-107 ◽  
Author(s):  
Julián Benavides Franco ◽  
Samuel Mongrut Montalván ◽  
Mónica González-Velasco

This paper studies the relationship between ownership concentration, family ownership, management, and market and accounting performance for 59 industrial firms listed in the Lima Stock Exchange during the period of 1999 to 2005. An inverted U-shaped relationship was found between ownership concentration and market performance in both family and non-family firms, pointing out an entrenchment effect or excessive risk aversion of the controlling group. This effect is worsened for family firms. The presence of family members as CEOs, Chairmen and Board Members is also negative for a firm’s performance and family ownership was found to increase the leverage of a firm.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dalal Alrubaishi ◽  
Maura McAdam ◽  
Richard Harrison

PurposeThere is a significant gap in understanding with regards to the role of cultural context in family business research. This paper aims to address this by exploring the critical and pervasive influence of culture in shaping the entrepreneurial behaviours of family businesses based in Saudi Arabia.Design/methodology/approachThe authors adopt a qualitative interpretive case study approach, which draws upon interviews with the incumbents and successors of ten Saudi Arabian family firms.FindingsThe authors’ empirical evidence reveals the importance of family ties and culture on the entrepreneurial behaviour of family firms in general, and the influence of “Islamic capital” on the intergenerational transfer of family legacy in particular.Originality/valueThe authors provide critical insights on how Islamic capital motivates Saudi family firms to maintain harmony, avoid disputes and create a legacy for future generations by engaging in entrepreneurial behaviours.


2014 ◽  
Vol 73 (4) ◽  
pp. 243-248 ◽  
Author(s):  
Annick Darioly ◽  
Ronald E. Riggio

This study examines how applicants who are relatives of the company’s executives are perceived when they are being considered for a leadership position. In a 2 (Family ties: with vs. without) × 2 (Applicant qualifications: well-qualified vs. underqualified) experimental design, 165 Swiss employees read the applicant’s job application and evaluated the hiring decision, the perceived competence, and the perceived career progress of the target employee. This research showed that even a well-qualified potential employee received a more negative evaluation if the candidate had family ties to the company. Despite their negative evaluation of potential nepotistic hires, the participants nevertheless believed that family ties would boost the career progress of an underqualified applicant. Limitations and implications are discussed.


PsycCRITIQUES ◽  
2007 ◽  
Vol 52 (26) ◽  
Author(s):  
Mary Ann Norfleet
Keyword(s):  

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