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dc.contributor.authorDe Massis A
dc.contributor.authorKotlar J
dc.contributor.authorCampopiano G
dc.contributor.authorCassia L
dc.contributor.editor
dc.date.accessioned2017-11-07T14:01:01Z
dc.date.available2017-11-07T14:01:01Z
dc.date.issued2013
dc.identifier.issn1877-8585
dc.identifier.urihttp://dx.doi.org/10.1016/j.jfbs.2013.05.001
dc.identifier.urihttp://www.sciencedirect.com/science/article/pii/S1877858513000405
dc.identifier.urihttp://hdl.handle.net/10863/3562
dc.description.abstractIn 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 on family firms, we develop arguments pointing to the existence of a U-shaped relationship between the degree of family ownership dispersion and firm performance. We also consider the involvement of family members in top management as a moderating factor of this relationship. The empirical analyses conducted on 494 small-to-medium size private family firms in Italy support our hypotheses and offer further evidence about curvilinear relationships between family ownership and family involvement in management, and performance. Overall, our study represents a theoretical synthesis and extension of the effects of family involvement on the performance of small-to-medium size private firms. It adds empirical evidence to this stream of research, offers new insights into the sources of heterogeneity among the population of family firms, and paves the way for future investigations on other organizational outcomes, especially firm growth, in family firms. © 2013 Elsevier Ltd.en_US
dc.language.isoenen_US
dc.rights
dc.subjectFamily ownership dispersionen_US
dc.subjectPerformancesen_US
dc.subjectFamily firmsen_US
dc.subjectPrivate firmsen_US
dc.titleDispersion of family ownership and the performance of small-to-medium size private family firmsen_US
dc.typeArticleen_US
dc.date.updated2017-05-05T08:27:55Z
dc.publication.title
dc.language.isiEN-GB
dc.journal.titleJournal of Family Business Strategy
dc.description.fulltextreserveden_US


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