Family ownership and firm performance: The net effect of productive efficiency and growth constraints

This paper investigates differences in the behaviour and performance of listed Spanish family and non-family firms resulting from the interaction of differences in productive efficiency and in preferences for control between the two groups of firms. We find that family firms grow at a smaller rate,...

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Bibliographic Details
Main Authors: Carmen Galve-Górriz, Vicente Salas-Fumás
Format: Article
Language:English
Published: Universidad Nacional de Colombia 2011-06-01
Series:Innovar: Revista de Ciencias Administrativas y Sociales
Subjects:
Online Access:http://revistas.unal.edu.co/index.php/innovar/article/view/35130