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Erschienen in: Asia Pacific Journal of Management 4/2012

01.12.2012

Does family business excel in firm performance? An institution-based view

verfasst von: Weiping Liu, Haibin Yang, Guangxi Zhang

Erschienen in: Asia Pacific Journal of Management | Ausgabe 4/2012

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Abstract

We offer an institution-based view to the classic inquiry on the relationship between family business and firm performance, which has been dominated by traditional theories such as agency theory and the resource-based view. Specifically, we argue that institutions define family business characteristics such as ownership concentration and family management, and also affect the performance of family business. Our research contributes to a reconciliation of prior inconsistent findings and calls further attention to the embedded nature of family business in institutions.

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Fußnoten
1

The comparison excludes state-owned firms since their governance structure and market activities are subject heavily to government intervention.

 
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Metadaten
Titel
Does family business excel in firm performance? An institution-based view
verfasst von
Weiping Liu
Haibin Yang
Guangxi Zhang
Publikationsdatum
01.12.2012
Verlag
Springer US
Erschienen in
Asia Pacific Journal of Management / Ausgabe 4/2012
Print ISSN: 0217-4561
Elektronische ISSN: 1572-9958
DOI
https://doi.org/10.1007/s10490-010-9216-6

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