Audretsch, David B.; Hülsbeck, Marcel; Lehmann, Erik E. - In: Journal of Family Business Strategy 4 (2013) 2, pp. 118-130
The role of owner-family members as internal monitors of firm performance has been largely neglected in family business … studies so far. While family management of firms does not lead to clear performance improvements, accounting research has … leads to better firm performance. We test that hypothesis on a dataset of 386 German corporations as well as distinct …