60 research outputs found
Personalism, Particularism, and the Competitive Behaviors and Advantages of Family Firms: An Introduction
Business Succession at Building #19: Overall, It is Better to be the Father than the Son: Note to Instructors
The Impact of Family Conflicts on the Development of the Chinese Entrepreneurially Managed Family Business: The Yeo Hiap Seng Case in Singapore
Internal versus External Ownership Transition in Family Firms: An Embeddedness Perspective
Comparing the Agency Costs of Family and Non–Family Firms: Conceptual Issues and Exploratory Evidence
An agency theoretic analysis of the professionalized family firm
The professionalized firm must evaluate the performance of managers and provide incentives that will motivate them to achieve the firm's goals. Using the agency theoretic framework we develop propositions on how differences in goals, altruistic tendencies, and strategic time horizons might affect performance evaluation and incentive compensation in family firms that employ both family and nonfamily managers and how these differences would affect the performance of the professionalized family firms relative to that of nonfamily firms
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