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}
}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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