Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/206378 
Year of Publication: 
2018
Citation: 
[Journal:] BRQ Business Research Quarterly [ISSN:] 2340-9436 [Volume:] 21 [Issue:] 1 [Publisher:] Elsevier España [Place:] Barcelona [Year:] 2018 [Pages:] 39-52
Publisher: 
Elsevier España, Barcelona
Abstract: 
While prior literature has focused on whether family firms are more or less inclined to diversification than non-family firms, the examination of differences in diversification among family firms has received much less attention. We analyze how family involvement (in ownership, control, and management) and the generational stage in the company (first versus later generations) influence diversification among family firms. The empirical evidence is provided by a sample of publicly listed family firms from the EU. Our results show that larger levels of family involvement in the firm are associated with lower diversification. Furthermore, first-generation family firms are found to be less diversified than their later-generation counterparts."
Subjects: 
Family firms
Family involvement
Generation
Heterogeneity
Diversification
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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