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Conventional wisdom suggests that family shareholders should exit their large, concentrated equity stakes in publicly … families will exit the firm. Our empirical analysis lends support to the model's predictions and indicates that family … - aversion represent distinct preferences that affect family owners' investment and exit decisions …
Persistent link: https://www.econbiz.de/10013071599
This paper sheds light on the role of family networks in the dynamics of a West African labour market, i.e. in the …. It investigates the effects of three dimensions of the family network on these transitions: its structure, the strength … on a representative sample of 2000 households. Using event history data and very detailed information on family network …
Persistent link: https://www.econbiz.de/10013049741
This article provides empirical evidence to support the Agency Theory as applied to small and medium-sized family firms …. The research, conducted on a sample of family SMEs (N = 88), has investigated: the career path of son/daughter, the match … of family SMEs, especially when agent is the Principal's daughter. In addition, the research highlights the implications …
Persistent link: https://www.econbiz.de/10013050448
that have pervaded the discourse in family business research. The paper poses three key questions revolving around the … current trend in family business research: (i) how does sibling rivalry enhance our understanding of the dynamics of family … future direction of family business research?Prior work - Family business research has been predominantly skewed towards …
Persistent link: https://www.econbiz.de/10013052145
Prior economic research is very critical about family CEOs and family management. Nepotism, altruism, lower managerial … abilities, and a small pool of qualified family candidates are cited as reasons that speak against family management. Still, the … empirical reality is different. A surprisingly large share of firms is run by family managers. Our study provides a rational …
Persistent link: https://www.econbiz.de/10012895440
family firms?Research Findings/Insights: Using a detailed database of mostly non-listed Colombian firms, we find that family … hold even when the manager is a family member, although the probability of turnover is lower for a family member. This … family CEO seems to occur.Theoretical/Academic Implications: First, the theoretical premise that bad financial performance …
Persistent link: https://www.econbiz.de/10013063208
The natural family is under attack. In virtually every culture throughout history, blood ties have been considered … the name of our biological family and an individual name given to us by our biological parents-a name we generally keep … for life. Family relationships are central to most concepts of human well-being. We are all moved by the American slave …
Persistent link: https://www.econbiz.de/10012922880
This paper contends that the three family detention facilities — South Texas Family Residential Center in Dilley, Texas …, Karnes County Residential Center in Karnes City, Texas, and Berks County Family Residential Center in Leesport, Pennsylvania … way to detain families. Thus, DHS should abandon the use of family detention in favor of alternatives to detention as use …
Persistent link: https://www.econbiz.de/10012923425
Integrating the family embeddedness perspective with research on commensality and family meals, we develop a framework … and the role of the Chinese Confucian culture in shaping family dynamics, we explore how two demographic (i.e., age and … gender) and two knowledge-based (i.e., education and industry) sources of diversity within family households predict a family …
Persistent link: https://www.econbiz.de/10014357952
We examine the impact of a chairperson having siblings on the corporate social responsibility (CSR) of a firm. The findings suggest that when a firm has a siblings-chairperson, the firm has a better CSR rating than a firm with a chairperson having no siblings. The conclusions are robust to a...
Persistent link: https://www.econbiz.de/10014361623