Board composition in small and medium-sized family firms

被引：172

作者：

Voordeckers, Wim

Van Gils, Anita

Van den Heuvel, Jeroen

机构：

[1] Hasselt Univ, KIZOK, Res Ctr Entrepreneurship & Innovat, BE-3590 Diepenbeek, Belgium

[2] Maastricht Univ, Dept Org, Maastricht, Netherlands

[3] Maastricht Univ, Strategy Dept, Maastricht, Netherlands

来源：

JOURNAL OF SMALL BUSINESS MANAGEMENT | 2007年 / 45卷 / 01期

关键词：

D O I：

10.1111/j.1540-627X.2007.00204.x

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This study focuses on the determinants of board composition in Belgian small and medium-sized family firms. It extends the empirical literature on board composition in private small and medium-sized family enterprises by integrating several dimensions of the "family component" in the research model. Furthermore, using a multinomial logit model, we examine in which circumstances family firms opt for (1) a family board, (2) an inside board, or (3) an outside board. Results suggest that family-related contingency variables are far more important than CEO-related or control variables, giving support to the argument that board composition in family firms is a reflection of the family characteristics and objectives. Moreover, the results suggest that a resource dependence and added value perspective explain more of the variation in board composition than agency considerations.

引用

页码：137 / 156

页数：20

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