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Author:Cromie, S.
Stephenson, B.
Monteith, D.
Title:The management of family firms: an empirical investigation
Journal:International Small Business Journal
1995 : JUL-SEP, VOL. 13:4, p. 11-34
Index terms:COMPANY OWNERSHIP
FAMILY FIRMS
MANAGEMENT STYLES
Language:eng
Abstract:A significant proportion of small firms in the United Kingdom and the United States are family businesses where one family exercises financial and/or mangerial control. Differences occur between those ventures where ownership and/or control is vested in a founder and his family and those where non-owning mangers are the dominant force. This paper reports on an empirical investigation carried out by the authors into more than 3,000 firms in Britain and Ireland. They examined whether demographic differences in areas such as age, size, legal status and industrial classification arose between family and non-family firms and whether distinctive ownership arrangements and management structures were found in the two groups.
SCIMA record nr: 138386
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