6533b7d4fe1ef96bd1262a48

RESEARCH PRODUCT

Founding family leadership and industry profitability

Justin B. CraigClay DibrellTrond Randøy

subject

Economics and EconometricsEntrepreneurshipCorporate governancemedia_common.quotation_subjectSample (statistics)General Business Management and AccountingCompetition (economics)Market economyEconomicsProfitability indexMarketingFunction (engineering)VDP::Social science: 200::Economics: 210::Business: 213media_common

description

Published version of an article from the journal: Small Business Economics In this article, we argue that firms in high-margin industries can benefit from founding family influence. Specifically, in more profitable markets, the influence of the founding family provides an additional corporate governance-monitoring function. The sample consists of 294 firm-year observations from 98 publicly traded companies headquartered in Sweden, representing approximately half of all non-financial traded firms. Our support that the effect of family leadership in publicly held firms should be assessed in relation to the intensity of industry competition

yearjournalcountryeditionlanguage
2008-03-12
http://hdl.handle.net/11250/136040