An institution-based view of large family firms: A recap and overview

© The Author(s) 2017. This article sketches the contours of an institution-based view of family ownership and control in large firms, with a focus on institutional roots, institutional relatedness, and institutional transitions. The institution-based view brings considerable continuity to family-fir...

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Main Authors: Peng, Mike, Sun, W., Vlas, C., Minichilli, A., Corbetta, G.
Format: Journal Article
Published: 2018
Online Access:http://hdl.handle.net/20.500.11937/68670
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author Peng, Mike
Sun, W.
Vlas, C.
Minichilli, A.
Corbetta, G.
author_facet Peng, Mike
Sun, W.
Vlas, C.
Minichilli, A.
Corbetta, G.
author_sort Peng, Mike
building Curtin Institutional Repository
collection Online Access
description © The Author(s) 2017. This article sketches the contours of an institution-based view of family ownership and control in large firms, with a focus on institutional roots, institutional relatedness, and institutional transitions. The institution-based view brings considerable continuity to family-firm research. It also offers significant novelty in helping resolve some puzzles. Specifically, it answers why the Berle and Means hypothesis on the ‘‘inevitability’’ of separation of ownership and control has not received support in many parts of the world. Finally, its broad scope enables us to integrate institution-based arguments with an important recent debate on the socioemotional wealth (SEW) priorities of family firms.
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institution Curtin University Malaysia
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publishDate 2018
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spelling curtin-20.500.11937-686702018-06-29T12:35:14Z An institution-based view of large family firms: A recap and overview Peng, Mike Sun, W. Vlas, C. Minichilli, A. Corbetta, G. © The Author(s) 2017. This article sketches the contours of an institution-based view of family ownership and control in large firms, with a focus on institutional roots, institutional relatedness, and institutional transitions. The institution-based view brings considerable continuity to family-firm research. It also offers significant novelty in helping resolve some puzzles. Specifically, it answers why the Berle and Means hypothesis on the ‘‘inevitability’’ of separation of ownership and control has not received support in many parts of the world. Finally, its broad scope enables us to integrate institution-based arguments with an important recent debate on the socioemotional wealth (SEW) priorities of family firms. 2018 Journal Article http://hdl.handle.net/20.500.11937/68670 10.1177/1042258717749234 restricted
spellingShingle Peng, Mike
Sun, W.
Vlas, C.
Minichilli, A.
Corbetta, G.
An institution-based view of large family firms: A recap and overview
title An institution-based view of large family firms: A recap and overview
title_full An institution-based view of large family firms: A recap and overview
title_fullStr An institution-based view of large family firms: A recap and overview
title_full_unstemmed An institution-based view of large family firms: A recap and overview
title_short An institution-based view of large family firms: A recap and overview
title_sort institution-based view of large family firms: a recap and overview
url http://hdl.handle.net/20.500.11937/68670