The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
The economics of the family firm
Abstract
The paper investigates how far the study of family firms constitutes a subject in its own right. It is argued that family ownership per se does not require the development of a special theory of family firms. It is suggested that the uniqueness of the family firm resides in the strength of the dynastic motive, which may strengthen trust between family members, but discourages the recruitment of non-family members and so inhibits the growth of the firm. The strength of the dynastic motive varies across family firms. The paper summarises two recent approaches to the economic theory of family firms which attempt to formalise these insights, and demonstrates the complementarities between them.
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Citations
Cites
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
Cited by
Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012) · Family Business Review · doi:10.1177/0894486511435355 · Cited by 2,724
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
Jones, C. D., Makri, M., & Gomez–Mejia, L. R. (2008) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2008.00269.x · Cited by 293
Metadata
- Authors
- Casson, M.
- Venue
- Scandinavian Economic History Review
- Publisher
- Informa UK Limited
- Published
- 1999-01
- Volume
- 47
- Issue
- 1
- Pages
- 10-23
- ISSN
- 0358-5522 (ISSN-L)
- 1750-2837
- OpenAlex
- W2003479660
- Cited by
- 470
- References
- 1
- FWCI
- 1.60
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: The economics of the family firm. https://app.cochat.ai/papers/10.1080/03585522.1999.10419802
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- Casson, M. (1999). The economics of the family firm. Scandinavian Economic History Review. https://doi.org/10.1080/03585522.1999.10419802
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.
