Goal Structures in Family Firms: Empirical Evidence on the Relationship between Firm and Family Goals
Year: 2010
Author: Achleitner, Ann-Kristin, Bock, Carolin, Braun, Reiner, Schraml, Stephanie, Welter, Juliane
ZfKE – Zeitschrift für KMU und Entrepreneurship, Vol. 58 (2010), Iss. 3 : pp. 267–294
Abstract
We investigate goal structures in family firms and provide several findings based on a survey among the shareholders of German companies. Our analysis reveals that the importance that is attributed to family or firm goals depends on certain firm characteristics. First of all, strong family influence by itself favors the orientation towards family goals. In line with other empirical studies we find that the existence of an advisory board leads to reduced importance of family goals. However, we find that a larger firm size results in higher significance of family goals.
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Journal Article Details
Publisher Name: Global Science Press
Language: German
DOI: https://doi.org/10.3790/zfke.58.3.1
ZfKE – Zeitschrift für KMU und Entrepreneurship, Vol. 58 (2010), Iss. 3 : pp. 267–294
Published online: 2010-07
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 28
Author Details
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