How important is family involvement for small companies’ growth?

Garcés Galdeano, Lucía; García Olaverri, Carmen

Publication:
How important is family involvement for small companies’ growth?

dc.contributor.author	Garcés Galdeano, Lucía
dc.contributor.author	García Olaverri, Carmen
dc.contributor.department	Enpresen Kudeaketa	eu
dc.contributor.department	Estatistika, Informatika eta Matematika	eu
dc.contributor.department	Institute for Advanced Research in Business and Economics - INARBE	en
dc.contributor.department	Gestión de Empresas	es_ES
dc.contributor.department	Estadística, Informática y Matemáticas	es_ES
dc.date.accessioned	2021-03-04T13:30:48Z
dc.date.available	2021-03-04T13:30:48Z
dc.date.issued	2020
dc.description.abstract	Purpose: Our paper seeks to further understand how family involvement in management influences firm growth. Design/methodology/approach: Using a sample of small high-tech firms, we classify three different types of firms: family firms managed by family-CEOs, family firms managed by non-family CEOs and non-family firms. Findings: Consistent with our expectations, we show that firms managed by family-CEOs have less firm growth in comparison with the other two groups. When the family firm is managed by non-family CEOs, the presence of another family member in management positions has a negative impact on firm growth. Finally, we found that founder-led family firms have better firm growth than descendant-led family firms. Research limitations/implications: Implications for the theory of family firms are discussed. Originality/value: The value of the present study is to analyse in depth the heterogeneity of the family business trying to close the gap by exploring the effect of family involvement on small firm growth. Thus, we will find different behaviours of these family companies, depending on the family member’s presence in management positions.	en
dc.description.sponsorship	The authors acknowledge the support from the Spanish Ministry of Economy, Industry, and Competitiveness and the European Regional Development Fund (FEDER) through project ECO2017-86305-C4-4-R (AEI/FEDER, UE).	en
dc.format.extent	50 p.
dc.format.mimetype	application/pdf	en
dc.identifier.doi	10.1108/JSBED-06-2019-0190
dc.identifier.issn	1462-6004
dc.identifier.uri	https://academica-e.unavarra.es/handle/2454/39330
dc.language.iso	eng	en
dc.publisher	Emerald	en
dc.relation.ispartof	Journal of Small Business and Enterprise Development, 2020, 27(4), 531-554	en
dc.relation.projectID	info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2013-2016/ECO2017-86305-C4-4-R/ES/	en
dc.relation.publisherversion	https://doi.org/10.1108/JSBED-06-2019-0190
dc.rights	© Emerald Publishing Limited	en
dc.rights.accessRights	info:eu-repo/semantics/openAccess	en
dc.rights.accessRights	Acceso abierto / Sarbide irekia	es
dc.subject	Family firms	en
dc.subject	Family CEO	en
dc.subject	Family generation	en
dc.subject	Family TMT	en
dc.subject	Small firms growth	en
dc.title	How important is family involvement for small companies’ growth?	en
dc.type	info:eu-repo/semantics/article	en
dc.type	Artículo / Artikulua	es
dc.type.version	info:eu-repo/semantics/acceptedVersion	en
dc.type.version	Versión aceptada / Onetsi den bertsioa	es
dspace.entity.type	Publication
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