Family firms and management practices

IF 2.1 2区经济学 Q2 ECONOMICS

Oxford Review of Economic Policy Pub Date : 2021-06-29 DOI:10.1093/oxrep/grab005

Margarita Tsoutsoura

引用次数: 5

Abstract

This article reviews the existing literature about management practices in family firms, the most prevalent form of corporate ownership around the world. I summarize the existing evidence that shows family firms are less likely to adopt structured management practices, especially ‘dynastic’ family firms that combine family ownership and control. I discuss what might be the unique features of family firms that drive the lower adoption of management practices, despite the evidence that improving management boosts their productivity and performance.

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家族企业和管理实践

本文回顾了关于家族企业管理实践的现有文献，家族企业是世界上最普遍的企业所有制形式。我总结了现有的证据，这些证据表明家族企业不太可能采用结构化的管理实践，特别是将家族所有权和控制权结合在一起的“王朝”家族企业。尽管有证据表明，改善管理可以提高家族企业的生产率和绩效，但我讨论的可能是家族企业的独特特征，这些特征导致了管理实践的采用率较低。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Oxford Review of Economic Policy ECONOMICS-

CiteScore

12.50

自引率

1.50%

发文量

期刊介绍： The Oxford Review of Economic Policy is a refereed journal which is published quarterly. Each issue concentrates on a current theme in economic policy, with a balance between macro- and microeconomics, and comprises an assessment and a number of articles. It gives a valuable appraisal of economic policies worldwide. While the analysis is challenging and at the forefront of current thinking, articles are presented in non-technical language to make them readily accessible to all readers. The Oxford Review is aimed at a wide audience including government, business and policy-makers, as well as academics and students. It is required reading for those who need to know where research is leading.