The family business map: Framework, selective survey, and evidence from Chinese family firm succession
-
Altmetric Citations
Bennedsen, Morten; Fan, Joseph; Jian, Ming; Yeh, Yin-Hua
Description
This paper analyzes the causes and consequences of founding family engagement in firm ownership and management. We hypothesize that families manage their firms because they are able to make contributions that non-family managers cannot provide. However, roadblocks arising from within the family, from markets, and from surrounding institutions challenge family ownership. We propose a new framework for organizing these assets and roadblocks, called the family business map; this framework is...[Show more]
dc.contributor.author | Bennedsen, Morten | |
---|---|---|
dc.contributor.author | Fan, Joseph | |
dc.contributor.author | Jian, Ming | |
dc.contributor.author | Yeh, Yin-Hua | |
dc.date.accessioned | 2016-02-24T22:41:48Z | |
dc.identifier.issn | 0929-1199 | |
dc.identifier.uri | http://hdl.handle.net/1885/98817 | |
dc.description.abstract | This paper analyzes the causes and consequences of founding family engagement in firm ownership and management. We hypothesize that families manage their firms because they are able to make contributions that non-family managers cannot provide. However, roadblocks arising from within the family, from markets, and from surrounding institutions challenge family ownership. We propose a new framework for organizing these assets and roadblocks, called the family business map; this framework is useful for categorizing the papers presented in this Special Issue. We support the predictions of the framework with evidence from Chinese family firm succession, and conclude that family firm organization is an adaptation to environmental opportunities and constraints. We end the paper with suggestions for future research. | |
dc.publisher | Elsevier | |
dc.source | Journal of Corporate Finance | |
dc.title | The family business map: Framework, selective survey, and evidence from Chinese family firm succession | |
dc.type | Journal article | |
local.description.notes | Imported from ARIES | |
local.identifier.citationvolume | 33 | |
dc.date.issued | 2015 | |
local.identifier.absfor | 150200 - BANKING, FINANCE AND INVESTMENT | |
local.identifier.ariespublication | U3488905xPUB7655 | |
local.type.status | Published Version | |
local.contributor.affiliation | Bennedsen, Morten, INSEAD, Fontainebleau, France | |
local.contributor.affiliation | Fan, Joseph, College of Business and Economics, ANU | |
local.contributor.affiliation | Jian, Ming, Nanyang Technological University | |
local.contributor.affiliation | Yeh, Yin-Hua, National Chiao Tung University, Taiwan | |
local.description.embargo | 2037-12-31 | |
local.bibliographicCitation.startpage | 212 | |
local.bibliographicCitation.lastpage | 226 | |
local.identifier.doi | 10.1016/j.jcorpfin.2015.01.008 | |
dc.date.updated | 2016-02-24T10:15:10Z | |
local.identifier.scopusID | 2-s2.0-84943820808 | |
Collections | ANU Research Publications |
Download
File | Description | Size | Format | Image |
---|---|---|---|---|
01_Bennedsen_The_family_business_map%3A_2015.pdf | 434.8 kB | Adobe PDF | Request a copy |
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.
Updated: 17 November 2022/ Responsible Officer: University Librarian/ Page Contact: Library Systems & Web Coordinator