Examining the 'Family Effect' on Firm Performance

@article{Dyer2006ExaminingT,
  title={Examining the 'Family Effect' on Firm Performance},
  author={W. Dyer},
  journal={IO: Firm Structure},
  year={2006}
}
  • W. Dyer
  • Published 2006
  • Business
  • IO: Firm Structure
The purpose of this article is to provide an explanation for the contradictory evidence in the literature regarding the performance of family-owned firms. The article suggests that most of the research fails to clearly describe the “family effect” on organizational performance. The “family effect,” based on agency theory and the resource-based view of the firm, is described and propositions are generated that examine the relationship between families and organizational performance. Implications… Expand
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