-
- Marianne Bertrand
- Professor of Economics and Neubauer Family Faculty Fellow, Graduate School of Business, University of Chicago, Chicago, Illinois; Faculty Research Fellow, National Bureau of Economic Research, Cambridge, Massachusetts, and Research Fellow, Center for Economic Policy Research, London, United Kingdom; Research Fellow, Institute for the Study of Labor (IZA), Bonn, Germany.
-
- Antoinette Schoar
- Michael M. Koerner Associate Professor of Entrepreneurial Finance, Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts; Faculty Research Fellow, National Bureau of Economic Research, Cambridge, Massachusetts, and Research Fellow, Center for Economic Policy Research, London, United Kingdom.
書誌事項
- 公開日
- 2006-05-01
- DOI
-
- 10.1257/jep.20.2.73
- 公開者
- American Economic Association
この論文をさがす
説明
<jats:p> History is replete with examples of spectacular ascents of family businesses. Yet there are also numerous accounts of family businesses brought down by bitter feuds among family members, disappointed expectations between generations, and tragic sagas of later generations unable to manage their wealth. A large fraction of businesses throughout the world are organized around families. Why are family firms so prevalent? What are the implications of family control for the governance, financing and overall performance of these businesses? </jats:p>
収録刊行物
-
- Journal of Economic Perspectives
-
Journal of Economic Perspectives 20 (2), 73-96, 2006-05-01
American Economic Association