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Family ownership and firm performance: Influence of family management, family control, and firm size

✍ Scribed by Wenyi Chu


Publisher
Springer
Year
2009
Tongue
English
Weight
243 KB
Volume
28
Category
Article
ISSN
0217-4561

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## Abstract The core belief among agency theorists is that when a firm is both owned and managed by family members, its governance structure is efficient. We argue that this belief over‐simplifies the complexity of exchanges that occur among the family firm's decision agents, and does not conform t