Corpus ID: 155164348

Developing a new typology of family firms based on professionalization and formalization

@inproceedings{Dekker2010DevelopingAN,
  title={Developing a new typology of family firms based on professionalization and formalization},
  author={Julie Dekker and N. Lybaert and T. Steijvers and R. Mercken},
  year={2010}
}
The purpose of this conceptual article is to create a novel way to analyze family firms from an entirely new perspective. Previous typologies mainly concentrate on how family firms are, as a static entity (e.g. representation of family in ownership and/or management). We create a dynamic framework which concentrates on how family firms operate. The framework comprises two continuums, namely professionalization and formalization, on which we distinguish four new types of family firms. Based on… Expand
7 Citations

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