Family Involvement in Ownership and Management : Exploring Nonlinear Effects on Performance

@inproceedings{Sciascia2009FamilyII,
  title={Family Involvement in Ownership and Management : Exploring Nonlinear Effects on Performance},
  author={Salvatore Sciascia and Pietro Mazzola},
  year={2009}
}
Research on the performance of family firms is growing, but results are mixed, especially for nonlisted companies. Thus, on the basis of the co-presence of benefits and disadvantages of family involvement in ownership and management, we explored the presence of nonlinear effects of these two variables on performance. We run regression analyses on data drawn from 620 privately held family firms in Italy: A negative quadratic relationship between family involvement in management and performance… CONTINUE READING
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