The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
Altruism, agency, and the competitiveness of family firms
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 to reality. We develop an alternative agency view of family firm governance that accounts for agency problems that are understated in extant agency models. These problems are rooted in the firm's ownership structure, as well as the altruistic relationships that exist between the firm's decision agents. We conclude with four propositions that address the competitive implications of this alternative view. Copyright © 2002 John Wiley & Sons, Ltd.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
The Market for "Lemons": Quality Uncertainty and the Market Mechanism
Akerlof, G. A. (1970) · The Quarterly Journal of Economics · doi:10.2307/1879431 · Cited by 23,016
Agency Theory: An Assessment and Review
Eisenhardt, K. M. (1989) · The Academy of Management Review · doi:10.5465/amr.1989.4279003 · Cited by 13,338
Becker, G. S. (1991) · doi:10.4159/9780674020665 · Cited by 10,565
Managerial control of voting rights
Stulz, R. (1988) · Journal of Financial Economics · doi:10.1016/0304-405x(88)90039-6 · Cited by 2,429
An economic theory of self-control.
Thaler, R. H., & Shefrin, H. M. (1981) · Journal of Political Economy · doi:10.1086/260971 · Cited by 2,203
The Perceived Fairness of Selection Systems: An Organizational Justice Perspective
Gilliland, S. W. (1993) · The Academy of Management Review · doi:10.2307/258595 · Cited by 1,185
Cited by
Minichilli, A., Corbetta, G., & MacMillan, I. C. (2010) · Journal of Management Studies · doi:10.1111/j.1467-6486.2009.00888.x · Cited by 513
Innovation in family firms: A systematic literature review and guidance for future research
Calabrò, A., Vecchiarini, M., Gast, J., Campopiano, G., De Massis, A., & Kraus, S. (2019) · International Journal of Management Reviews · doi:10.1111/ijmr.12192 · Cited by 495
Is family leadership always beneficial?
Miller, D., Minichilli, A., & Corbetta, G. (2013) · Strategic Management Journal · doi:10.1002/smj.2024 · Cited by 409
The role of family ownership in international entrepreneurship: exploring nonlinear effects
Sciascia, S., Mazzola, P., Astrachan, J. H., & Pieper, T. M. (2012) · Small Business Economics · doi:10.1007/s11187-010-9264-9 · Cited by 329
Transaction Costs and Outsourcing Decisions in Small- and Medium-Sized Family Firms
Memili, E., Chrisman, J. J., & Chua, J. H. (2011) · Family Business Review · doi:10.1177/0894486510396706 · Cited by 51
Metadata
- Authors
- Schulze, W. S., Lubatkin, M. H., & Dino, R. N.
- Venue
- Managerial and Decision Economics
- Publisher
- Wiley
- Published
- 2002-05-30
- Volume
- 23
- Issue
- 4-5
- Pages
- 247-259
- ISSN
- 0143-6570 (ISSN-L)
- 1099-1468
- OpenAlex
- W2156398750
- Cited by
- 380
- References
- 6
- FWCI
- 2.92
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Altruism, agency, and the competitiveness of family firms. https://app.cochat.ai/papers/10.1002/mde.1064
- The paper
- Schulze, W. S., Lubatkin, M. H., & Dino, R. N. (2002). Altruism, agency, and the competitiveness of family firms. Managerial and Decision Economics. https://doi.org/10.1002/mde.1064
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.