Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54430 
Year of Publication: 
2007
Citation: 
[Journal:] Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE) [ISSN:] 1135-2523 [Volume:] 13 [Issue:] 1 [Publisher:] Academia Europea de Dirección y Economia de la Empresa (AEDEM) [Place:] Vigo [Year:] 2007 [Pages:] 103-116
Publisher: 
Academia Europea de Dirección y Economia de la Empresa (AEDEM), Vigo
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
efficiency
agency and transaction costs theories
Document Type: 
Article

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