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Title:Análisis empírico de las diferancias de eficiencia entre las empresas familiares y las no familiares PDF Logo
Authors:Borbolla Fernández, A. I. García de la
Herrera Madueño, J.
Larrán Jorge, M.
Sánchez Gardey, G.
Suárez Llorens, A.
Issue Date:2007
Citation:[Journal:] Investigaciones europeas de dirección de la empresa (IEDEE) [ISSN:] 1135-2523 [Volume:] 13 [Year:] 2007 [Issue:] 1 [Pages:] 103-116
Abstract:This paper analyses differences of efficiency between family and non family controlled firms. To measure efficiency three subrogate variables have been defined (financial profitability, economic profitability and margin profitability). The empirical study, developed on a sample of 765 andalusian firms do not verify any of the hypothesis extracted from Agency and Transaction Costs theories. On the other hand, data show clearly that family ownership and efficiency are independent variables.
Subjects:family businesses
differential factors
agency and transaction costs theories
Document Type:Article
Appears in Collections:Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE)

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