Family governance systems: the complementary role of constitutions and councils
View/ Open
Impact
Scholar |
Other documents of the author: Clemente-Almendros, José Antonio; Puig-Denia, Alba; Gonzalez-Cruz, Tomás
Metadata
Show full item recordcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8645
comunitat-uji-handle3:10234/8646
comunitat-uji-handle4:
INVESTIGACIONMetadata
Title
Family governance systems: the complementary role of constitutions and councilsDate
2021-01-06Publisher
Taylor & Francis Group; Juraj Dobrila University of Pula. Facultad de Economía y Turismo "Dr. Mijo Mirković"ISSN
1331-677X; 1848-9664Bibliographic citation
Tomás González-Cruz, José Antonio Clemente-Almendros & Alba Puig-Denia (2021) Family governance systems: the complementary role of constitutions and councils, Economic Research-Ekonomska Istraživanja, DOI: 10.1080/1331677X.2020.1867603Type
info:eu-repo/semantics/articlePublisher version
https://www.tandfonline.com/doi/full/10.1080/1331677X.2020.1867603Version
info:eu-repo/semantics/publishedVersionSubject
JEL subject
Abstract
The understanding of family businesses from the family side is
still in its infancy. This is especially true in relation to how family
members manage their relationships with one another and with
the firm. Family ... [+]
The understanding of family businesses from the family side is
still in its infancy. This is especially true in relation to how family
members manage their relationships with one another and with
the firm. Family growth and evolution are usually accompanied
by a reduction in shared family meaning and purpose and greater
divergence in the form of factional interests and intentions that
harm the family and the firm. To counterbalance this negative
impact, scholars generally advocate a set of corporate governance
practices. However, few papers have analysed how family regulatory
frameworks and family governance institutions affect family
firm performance. To the best of our knowledge, no paper has
analysed the complementary role of family rules and family governance
institutions or their relationship with business performance.
To fill this gap, we examine how family rules and family
governance institutions affect firm performance. Drawing upon
the concept of fit from organisation design, this paper shows the
complementary role of family rules and family institutions, as well
as the need for fit with family complexity. Analysis of a sample of
family businesses shows that when family governance fits with
family complexity, the relationship with firm performance is positive;
any misfit leads to negative consequences. [-]
Is part of
Economic Research-Ekonomska Istraživanja (2021)Funder Name
Ministerio de Economía, Industria y Competitividad | Universitat Jaume I
Project code
ECO2016-76796-P | UJI-A2019-20
Rights
(c) los autores, 2021
(c) Informa UK Limited, 2021
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- EMP_Articles [455]
The following license files are associated with this item:
Except where otherwise noted, this item's license is described as (c) los autores, 2021
(c) Informa UK Limited, 2021
Related items
Showing items related by title, author, creator and subject.
-
Condiciones que interfieren a la hora de realizar una reintegración familiar efectiva
Charlo Mariscal, Adrián Universitat Jaume I (2020-06-25)Family reintegration is defined as the return of minors, protected by the public institutions in foster care regimes, with their biological families. According to the Children's Observatory in its last study in 2018, ... -
Reportatge-resum de les festes del carrer Sant Blai
Vicent Doménech, Francesc "Quiquet de Castàlia" Radio Castellón Cadena SER (1978-02-11) -
Mediación aplicada a conflictos de sustracción internacional de menores en matrimonios binacionales
Calmels Arancibia, Daniela Belén Universitat Jaume I (2022-10-24)En virtud de la globalización y los procesos migratorios con la consecuente normalización de éstos, hay un porcentaje de matrimonios compuestos por personas de distintas nacionalidades. En muchos casos estas uniones terminan ...