Corporate governance codes: How to deal with the bright and dark sides of family influence

Stefan Prigge; Felix K. Thiele

doi:10.1007/978-3-319-77676-7_12

Corporate governance codes: How to deal with the bright and dark sides of family influence

Stefan Prigge^*
, Felix K. Thiele

^*Korrespondierende/r Autor/-in für diese Arbeit

Professur für Betriebswirtschaftslehre, insb. Accounting, Auditing & Corporate Governance

Hamburg School of Business Administration

Publikation: Beiträge in Sammelwerken › Kapitel › Begutachtung

7 Zitate (Scopus)

Abstract

This study examined how corporate governance codes specific to private family firms encourage the bright side and restrict the dark side of family influence. Moreover, it investigated whether these codes foster agency or stewardship tendencies of the family’s involvement in the business. The results of this qualitative research study revealed that the eight analyzed codes are not consistent in their recommendations and focus on different aspects of family influence. Nevertheless, some common recommendations could be identified-for instance, the relevance of family governance mechanisms to avoid conflicts.

Originalsprache	Englisch
Titel	The Palgrave Handbook of Heterogeneity among Family Firms
Redakteure/-innen	Esra Memili, Clay Dibrell
Seitenumfang	35
Erscheinungsort	Cham
Herausgeber (Verlag)	Palgrave Macmillan
Erscheinungsdatum	01.01.2019
Seiten	297-331
ISBN (Print)	978-3-319-77675-0, 978-3-030-08510-0
ISBN (elektronisch)	978-3-319-77676-7
DOIs	https://doi.org/10.1007/978-3-319-77676-7_12
Publikationsstatus	Erschienen - 01.01.2019

Fachgebiete und Schlagwörter

Betriebswirtschaftslehre

Zugriff auf Dokument

10.1007/978-3-319-77676-7_12

Financial Decisions in Family Firms.Private Equity Investors, Capital Structure and Firm Identity
Thiele, F. (Partner*in), Velte, P. (Wissenschaftliche Projektleiter*in) & Prigge, S. (Partner*in)
01.10.14 → 30.09.17
Projekt: Dissertationsprojekt

Dieses zitieren

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Corporate governance codes: How to deal with the bright and dark sides of family influence

Abstract

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Financial Decisions in Family Firms.Private Equity Investors, Capital Structure and Firm Identity

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