Building upon the upper echelon perspective, we examine the effect of generational
involvement in management on various measures of business growth and consider different …

We draw upon the socioemotional wealth perspective and the mixed gamble approach to
employ a five‐year panel dataset of 223 Belgian private family firms to investigate the …

Growth brings lifeblood to sustain longevity across generation, but also critical challenges
for family business. Relying on the behavioral agency model and its assumptions on risk …

Family firms are some of the most important actors in the economic landscape around the
world. While Berle and Means'(1932) framework of separation and control has dominated …

In this study we investigate how the dispersion of family ownership among family members
affects the performance of small-to-medium-size family firms. Based on agency theory and …

Prior research has not fully explained whether the relationship between family management
and profitability is positive or negative in private family firms. This issue is critical for further …

The present study contends that an inverted U–shaped relationship exists between
generational involvement—ie, the number of family generations simultaneously involved in …

To better understand the EO/performance relationship in family firms, we consider the joint
moderating effect of generational involvement and participative strategy. Based on 199 …

This study empirically investigates the relationship between family governance and
innovativeness in family firms, along with the moderating effects of a family's commitment to …

Research on the performance of family firms is growing, but results are mixed, especially for
nonlisted companies. Thus, on the basis of the co-presence of benefits and disadvantages …