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Erschienen in:
2020 | OriginalPaper | Buchkapitel
Definitions, Literature Reviews, Research Gaps and Research Questions
verfasst von : Laura K. C. Seibold
Erschienen in: Family Businesses’ Growth
Verlag: Springer Fachmedien Wiesbaden
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This dissertation focuses on the growth of the core family firm and not on strategies for the total shareholder wealth including investments outside of the firm. The first question that drives this dissertation at this initial stage is, “Why do the observed growth spurts occur?” These spurts are a surprising finding, as the literature and theory show that old and mature firms grow more slowly than young firms (Eddleston, Kellermanns, Floyd, Crittenden, & Crittenden, 2013; Evans, 1987a, 1987b; Jovanovic, 1982; Molly, Laveren, & Jorissen, 2012; Reid, Dunn, Cromie, & Adams, 1999). Furthermore, there is the fate of the Law of Three Generations predicting the decline of family firms in later generations.