The DOI matches its Crossref record; 75 of the 75 references it cites were found in a registry or an index.
Is family leadership always beneficial?
Abstract
There has been much debate concerning the performance of family firms and the drivers of their performance. Some scholars have argued that family management is to blame when family firms go wrong; others claim that family management removes costly agency problems and encourages stewardship. Our thesis is that these disagreements can only be resolved by distinguishing among different types of family firms. We argue that family CEOs will outperform in smaller firms with more concentrated ownership and underperform in larger firms with more dispersed ownership; they will do neither where firms are smaller and ownership is more dispersed or firms are larger and ownership is more concentrated. Copyright © 2012 John Wiley & Sons, Ltd.
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Cites
Theory of the firm: Managerial behavior, agency costs and ownership structure
Jensen, M. C., & Meckling, W. H. (1976) · Journal of Financial Economics · doi:10.1016/0304-405x(76)90026-x · Cited by 71,491
Upper Echelons: The Organization as a Reflection of Its Top Managers
Hambrick, D. C., & Mason, P. A. (1984) · The Academy of Management Review · doi:10.5465/amr.1984.4277628 · Cited by 10,220
Management ownership and market valuation
Morck, R., Shleifer, A., & Vishny, R. W. (1988) · Journal of Financial Economics · doi:10.1016/0304-405x(88)90048-7 · Cited by 6,895
Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500
Anderson, R. C., & Reeb, D. M. (2003) · The Journal of Finance · doi:10.1111/1540-6261.00567 · Cited by 5,122
Upper Echelons Theory: An Update
Hambrick, D. C. (2007) · Academy of Management Review · doi:10.5465/amr.2007.24345254 · Cited by 4,911
Gómez-Mejía, L. R., Haynes, K. T., Núñez-Nickel, M., Jacobson, K. J. L., & Moyano-Fuentes, J. (2007) · Administrative Science Quarterly · doi:10.2189/asqu.52.1.106 · Cited by 4,380
How do family ownership, control and management affect firm value?
Villalonga, B., & Amit, R. (2006) · Journal of Financial Economics · doi:10.1016/j.jfineco.2004.12.005 · Cited by 4,185
Disentangling the Incentive and Entrenchment Effects of Large Shareholdings
Claessens, S., Djankov, S., Fan, J. P. H., & Lang, L. H. P. (2002) · The Journal of Finance · doi:10.1111/1540-6261.00511 · Cited by 3,842
The Essential Impact of Context on Organizational Behavior
Johns, G. (2006) · Academy of Management Review · doi:10.5465/amr.2006.20208687 · Cited by 3,532
Paroutis, S. (2015) · Wiley Encyclopedia of Management · doi:10.1002/9781118785317.weom120194 · Cited by 2,792
Metadata
- Authors
- Miller, D., Minichilli, A., & Corbetta, G.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2012-10-09
- Volume
- 34
- Issue
- 5
- Pages
- 553-571
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2133166308
- Cited by
- 409
- References
- 75
- FWCI
- 28.25
- Type
- journal article
- Language
- en
- Open access
- closed
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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.
