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Cited by 380

The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.

Altruism, agency, and the competitiveness of family firms

Schulze, William S., Lubatkin, Michael H., Dino, Richard N.·2002·Managerial and Decision Economics

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.

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Crossref · 10.1002/mde.1064

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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
7
FWCI
2.92
Type
journal article
Language
en
Open access
closed

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