多创始人家族企业：对公司治理、创新和绩效的影响

IF 4.4 2区化学 Q2 MATERIALS SCIENCE, MULTIDISCIPLINARY

ACS Applied Polymer Materials Pub Date : 2024-09-27 DOI:10.1177/10422587241279945

So-Yeon Lim, Seung-Hwan Jeong

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引用次数: 0

摘要

传统上，家族企业研究假定企业背后只有一个家族。我们对这一假设提出了质疑，并认为多创始人家族企业与单创始人家族企业之间的区别非常重要。我们认为，基于家族间的相互监督，多创始人家族企业在公司治理方面具有优势（委托代理和委托人与委托人之间的问题较少），可以减少创始人首席执行官的固化，降低后代领导的可能性。此外，我们还认为，多创始人家族企业表现出更高水平的创新和绩效。基于 2001 年至 2010 年期间的美国公司，我们发现我们的论点得到了强有力的支持。

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Multi-Founding Family Firms: Effects on Firm Governance, Innovation, and Performance

Traditionally, family firm studies have assumed there is a single family behind the firm. We challenge this assumption and argue that the distinction between multi-founding family firms and single-founding family firms matters. We theorize that multi-founding family firms, based on mutual monitoring among families, have corporate governance advantages (less principal–agent and principal–principal problems) in terms of reduced founder CEO entrenchment and a lower probability of descendent leadership. Furthermore, we argue that multi-founding family firms exhibit higher levels of innovation and performance. Based on U.S. firms during 2001 to 2010, we find robust support for our arguments.

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来源期刊

ACS Applied Polymer Materials Multiple-

CiteScore

7.20

自引率

6.00%

发文量

810

期刊介绍： ACS Applied Polymer Materials is an interdisciplinary journal publishing original research covering all aspects of engineering, chemistry, physics, and biology relevant to applications of polymers. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrates fundamental knowledge in the areas of materials, engineering, physics, bioscience, polymer science and chemistry into important polymer applications. The journal is specifically interested in work that addresses relationships among structure, processing, morphology, chemistry, properties, and function as well as work that provide insights into mechanisms critical to the performance of the polymer for applications.