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The benefits of family ownership and control of firms are at the center of the family firm debate. Previous studies … have used either family ownership or management as proxies for control. Both indicators are off the mark, as they do not … of family ownership, control and management on financial firm performance, while controlling for goal heterogeneity of …
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owners and managers, between family shareholders, and with the family at large. Key agreements include training and …This research examines the effectiveness of Family Constitution or Family Protocol agreements in mitigating each type … of agency conflict in family firms. We performed a qualitative analysis, through a case study, and found that the …
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