The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Comparing the Agency Costs of Family and Non–Family Firms: Conceptual Issues and Exploratory Evidence
Abstract
Family involvement in a business has the potential to both increase and decrease financial performance due to agency costs. In this article we discuss the different nature of agency costs in family firms and specify the combination of conditions necessary to determine the relative levels of agency costs in family and non–family firms through the impacts of agency cost control mechanisms on performance. We also present exploratory results based on a study of 1,141 small privately held U.S. family and non–family firms that suggest the overall agency problem in family firms could be less serious than that in non–family firms.
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Citations
Cites
The theory of planned behavior
Ajzen, I. (1991) · Organizational Behavior and Human Decision Processes · doi:10.1016/0749-5978(91)90020-t · Cited by 90,587
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
Cited by
Zellweger, T. M., Nason, R. S., & Nordqvist, M. (2012) · Family Business Review · doi:10.1177/0894486511423531 · Cited by 561
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
Are family managers agents or stewards? An exploratory study in privately held family firms
Chrisman, J. J., Chua, J. H., Kellermanns, F. W., & Chang, E. P. C. (2007) · Journal of Business Research · doi:10.1016/j.jbusres.2006.12.011 · Cited by 455
Self-citationThe Internationalization of Family Firms: A Critical Review and Integrative Model
Pukall, T. J., & Calabrò, A. (2014) · Family Business Review · doi:10.1177/0894486513491423 · Cited by 420
Metadata
- Authors
- Chrisman, J. J., Chua, J. H., & Litz, R. A.
- Venue
- Entrepreneurship Theory and Practice
- Publisher
- SAGE Publications
- Published
- 2004-07
- Volume
- 28
- Issue
- 4
- Pages
- 335-354
- ISSN
- 1042-2587 (ISSN-L)
- 1540-6520
- OpenAlex
- W2035269562
- Cited by
- 1,195
- References
- 2
- FWCI
- 33.71
- Type
- journal article
- Language
- en
- Open access
- closed
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- The paper
- Chrisman, J. J., Chua, J. H., & Litz, R. A. (2004). Comparing the Agency Costs of Family and Non–Family Firms: Conceptual Issues and Exploratory Evidence. Entrepreneurship Theory and Practice. https://doi.org/10.1111/j.1540-6520.2004.00049.x
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.
