How Family Firms Differ

1. Front Matter

   Pages i-x

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2. Family Firms

   • Sumon Kumar Bhaumik, Ralitza Dimova

   Pages 1-16

3. Agency Problems and Familiness

   • Sumon Kumar Bhaumik, Ralitza Dimova

   Pages 17-42

4. Strategic Implications of Familiness

   • Sumon Kumar Bhaumik, Ralitza Dimova

   Pages 43-67

5. Family Involvement and Firm Performance

   • Sumon Kumar Bhaumik, Ralitza Dimova

   Pages 69-94

6. Familiness in Future Research

   • Sumon Kumar Bhaumik, Ralitza Dimova

   Pages 95-101

7. Back Matter

   Pages 103-124

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Family firms account for a large proportion of firms in most countries. In industrialised countries of North America and Western Europe, they generally account for a large share of small and medium sized enterprises. In emerging market economies such as India, they also account for the majority of the large firms. Their importance for factors such as employment creation notwithstanding, relative to the widely held Anglo-Saxon firms, which are ubiquitous in the economics, finance and management literatures, family firms have historically received much less attention from scholars of these disciplines. However, in part owing to increased focus on emerging markets, there is a growing literature on family firms. In How Family Firms Differ, the authors explore important aspects of family firms, drawing on the existing literature and their own research on these firms.

• drawing
• English literature
• family
• future
• governance
• literature
• performance
• research
• strategy
• structure

• University of Sheffield, UK

  Sumon Kumar Bhaumik

• University of Manchester, UK

  Ralitza Dimova

Sumon Bhaumik is Professor of Finance at University of Sheffield Management School, University of Sheffield, UK.
 
Ralitza Dimova is Senior Lecturer of Development Economics at the University of Manchester, UK.

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