The prevailing view in the literature is that small family firms outperform nonfamily businesses. The nature of the former's management style also means that these businesses are more likely to sustain their performance in a recession. Drucker (1985b) extended the Schumpeterian view that the...

The relationship between divorce and the short-term financial performance of closely held family businesses is studied. Following a general discussion of the effects of divorce on family businesses and the degree to which divorce may be considered an entrepreneurial crisis, a number of...

Institutional networking is a key element in businesses' internationalisation processes and is an important strategy for promoting the long-term growth and survivability of family SMEs in the DOC Rioja wine industry. We hold that the proportion of family members in the TMT plays an important...