메뉴 건너뛰기




Volumn 19, Issue 2, 2006, Pages 89-101

Ownership preferences, competitive heterogeneity, and family-controlled businesses

Author keywords

[No Author keywords available]

Indexed keywords


EID: 33745049911     PISSN: 08944865     EISSN: 17416248     Source Type: Journal    
DOI: 10.1111/j.1741-6248.2006.00064.x     Document Type: Article
Times cited : (56)

References (68)
  • 1
    • 33644822896 scopus 로고    scopus 로고
    • Le retour de Capitalisme Familiale, L'expansion
    • Allouche, J., & Amann, B. (1997). Le retour de Capitalisme Familiale, L'expansion: Management Review, 85, 92-99.
    • (1997) Management Review , vol.85 , pp. 92-99
    • Allouche, J.1    Amann, B.2
  • 2
    • 0000956580 scopus 로고    scopus 로고
    • Does corporate ownership structure affect corporate diversification?
    • Amihud, Y., & Lev, B. (1999). Does corporate ownership structure affect corporate diversification? Strategic Management Journal, 20, 1063-1069.
    • (1999) Strategic Management Journal , vol.20 , pp. 1063-1069
    • Amihud, Y.1    Lev, B.2
  • 4
    • 0142219280 scopus 로고    scopus 로고
    • Founding family ownership and firm performance; Evidence from the S&P 500
    • Anderson, R. C., & Reeb, D. (2003). Founding family ownership and firm performance; Evidence from the S&P 500. Journal of Finance, 58(3), 1301-1328.
    • (2003) Journal of Finance , vol.58 , Issue.3 , pp. 1301-1328
    • Anderson, R.C.1    Reeb, D.2
  • 5
    • 12744275057 scopus 로고    scopus 로고
    • Board composition: Balancing family influence in S&P 500 firms
    • Anderson, R. C., & Reeb, D. (2004). Board composition: Balancing family influence in S&P 500 firms. Administrative Science Quarterly, 49, 209-237.
    • (2004) Administrative Science Quarterly , vol.49 , pp. 209-237
    • Anderson, R.C.1    Reeb, D.2
  • 6
    • 0000796597 scopus 로고
    • A theory of social interaction
    • Becker, G. (1974). A theory of social interaction. Journal of Political Economy, 82, 1063-1093.
    • (1974) Journal of Political Economy , vol.82 , pp. 1063-1093
    • Becker, G.1
  • 8
    • 20144371752 scopus 로고    scopus 로고
    • Capital markets and the evolution of family businesses
    • Bhattacharya, U., & Ravikumar, B. (2001). Capital markets and the evolution of family businesses. Journal of Business, 74, 187-219.
    • (2001) Journal of Business , vol.74 , pp. 187-219
    • Bhattacharya, U.1    Ravikumar, B.2
  • 9
    • 33745023493 scopus 로고
    • All in the family
    • Bornstein, P. (1983). All in the family. Forbes, 132, 152-153.
    • (1983) Forbes , vol.132 , pp. 152-153
    • Bornstein, P.1
  • 10
    • 0009952280 scopus 로고    scopus 로고
    • Large shareholders, monitoring, and the value of the firm
    • Burkart, M., Gromb, D., & Panunzi, F. (1997). Large shareholders, monitoring, and the value of the firm. Quarterly Journal of Economics, 112, 693-728.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 693-728
    • Burkart, M.1    Gromb, D.2    Panunzi, F.3
  • 13
    • 0000200532 scopus 로고    scopus 로고
    • Disentangling the incentive and entrenchment effects of large shareholdings
    • Claessens, S., Djankov, S., Fan, J., & Lang, L. (2002). Disentangling the incentive and entrenchment effects of large shareholdings. Journal of Finance, 57, 2741-2771.
    • (2002) Journal of Finance , vol.57 , pp. 2741-2771
    • Claessens, S.1    Djankov, S.2    Fan, J.3    Lang, L.4
  • 15
    • 84965934833 scopus 로고
    • An empirical examination of ownership structure in family and professional managed firms
    • Daily, C. M., & Dollinger, M. (1992). An empirical examination of ownership structure in family and professional managed firms. Family Business Review, 5(2), 17-36.
    • (1992) Family Business Review , vol.5 , Issue.2 , pp. 17-36
    • Daily, C.M.1    Dollinger, M.2
  • 17
    • 0004224833 scopus 로고    scopus 로고
    • Boston, MA: Harvard Business School Press
    • De Geus, A. (1997). The living company. Boston, MA: Harvard Business School Press.
    • (1997) The Living Company
    • De Geus, A.1
  • 18
    • 0001763518 scopus 로고
    • The structure of ownership and the theory of the firm
    • Demsetz H. (1983). The structure of ownership and the theory of the firm. Journal of Law & Economics 26(2), 375-390.
    • (1983) Journal of Law & Economics , vol.26 , Issue.2 , pp. 375-390
    • Demsetz, H.1
  • 21
    • 0000857363 scopus 로고
    • Assets stock accumulation and sustainability of competitive advantage
    • Dieryckx, I., & Cool, K. (1991). Assets stock accumulation and sustainability of competitive advantage. Management Science, 35, 1504-1511.
    • (1991) Management Science , vol.35 , pp. 1504-1511
    • Dieryckx, I.1    Cool, K.2
  • 22
    • 0000172445 scopus 로고
    • Separation of ownership and control
    • Fama, E., & Jensen, M. (1983a). Separation of ownership and control. Journal of Law and Economics 26(2), 301-325.
    • (1983) Journal of Law and Economics , vol.26 , Issue.2 , pp. 301-325
    • Fama, E.1    Jensen, M.2
  • 23
    • 0000589270 scopus 로고
    • Agency problems and residual claims
    • Fama, E., & Jensen, M. (1983b). Agency problems and residual claims. Journal of Law and Economics, 26(2), 325-344.
    • (1983) Journal of Law and Economics , vol.26 , Issue.2 , pp. 325-344
    • Fama, E.1    Jensen, M.2
  • 24
    • 84977717550 scopus 로고
    • Herd on the street: Informational inefficiencies in a market with short-term speculation
    • Froot, K. A., Scharfstein, D. S., & Stein, J. C. (1992). Herd on the street: Informational inefficiencies in a market with short-term speculation. Journal of Finance, 47, 1461-1484.
    • (1992) Journal of Finance , vol.47 , pp. 1461-1484
    • Froot, K.A.1    Scharfstein, D.S.2    Stein, J.C.3
  • 27
    • 79958114108 scopus 로고    scopus 로고
    • The prevalence of family business from a household sample
    • Heck, R., & Trent, E. (1999). The prevalence of family business from a household sample. Family Business Review, 12, 209-224.
    • (1999) Family Business Review , vol.12 , pp. 209-224
    • Heck, R.1    Trent, E.2
  • 28
    • 0000448864 scopus 로고    scopus 로고
    • Guest editor's introduction to the special issue: The evolution of firm capabilities
    • Helfat, C. E. (2000). Guest editor's introduction to the special issue: The evolution of firm capabilities. Strategic Management Journal, 21, 955-959.
    • (2000) Strategic Management Journal , vol.21 , pp. 955-959
    • Helfat, C.E.1
  • 29
    • 0141680360 scopus 로고    scopus 로고
    • Why is there a resource-based view? Toward a theory of competitive heterogeneity
    • Hoopes, D. G., Madsen, T., & Walker, G. (2003). Why is there a resource-based view? Toward a theory of competitive heterogeneity. Strategic Management Journal, 24, 889-902.
    • (2003) Strategic Management Journal , vol.24 , pp. 889-902
    • Hoopes, D.G.1    Madsen, T.2    Walker, G.3
  • 31
  • 32
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and ownership structure
    • Jensen, M., & Meckling, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3, 305-360.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.1    Meckling, W.2
  • 33
    • 0007116626 scopus 로고    scopus 로고
    • The impact of ownership type on organization performance
    • Ph.D. thesis, Harvard University
    • Kang, D. (1996). The impact of ownership type on organization performance. Ph.D. thesis, Harvard University.
    • (1996)
    • Kang, D.1
  • 34
    • 0013095213 scopus 로고    scopus 로고
    • Family ownership and performance in public corporations: A study of the U.S. fortune 500, 1982-1994
    • Working Paper, Harvard Business School
    • Kang, D. (2000). Family ownership and performance in public corporations: A study of the U.S. fortune 500, 1982-1994. Working Paper, Harvard Business School.
    • (2000)
    • Kang, D.1
  • 35
    • 0034047981 scopus 로고    scopus 로고
    • Business groups and social welfare in emerging markets
    • Khanna, T. (2000). Business groups and social welfare in emerging markets. European Economic Review 44(4-6), 748-761
    • (2000) European Economic Review , vol.44 , Issue.4-6 , pp. 748-761
    • Khanna, T.1
  • 36
    • 33745015664 scopus 로고    scopus 로고
    • An index of family controlled publicly traded companies
    • Boston, MA: Frontiers of Entrepreneurial Research, Babson College
    • Kleiman, R., Lange, J., Leleux, B., Petty, W., & Shulman, J. (1996). An index of family controlled publicly traded companies. Boston, MA: Frontiers of Entrepreneurial Research, Babson College.
    • (1996)
    • Kleiman, R.1    Lange, J.2    Leleux, B.3    Petty, W.4    Shulman, J.5
  • 37
    • 0038612962 scopus 로고    scopus 로고
    • On the strategic accumulation of intangible assets
    • Knott, A. M., Bryce, D., & Posen, H. (2003). On the strategic accumulation of intangible assets. Organization Science, 14(2), 192-207.
    • (2003) Organization Science , vol.14 , Issue.2 , pp. 192-207
    • Knott, A.M.1    Bryce, D.2    Posen, H.3
  • 38
    • 0008584135 scopus 로고    scopus 로고
    • Nirvana efficiency: A comparative test of residual claims and routines
    • Knott, A. M., & McKelvey, B. (1999). Nirvana efficiency: A comparative test of residual claims and routines. Journal of Economic Behavior and Organization, 38, 365-383.
    • (1999) Journal of Economic Behavior and Organization , vol.38 , pp. 365-383
    • Knott, A.M.1    McKelvey, B.2
  • 40
    • 0030509373 scopus 로고    scopus 로고
    • Economic "short-termism": The debate, the unresolved issues, and implications for management
    • Laverty, K. J. (1996). Economic "short-termism": The debate, the unresolved issues, and implications for management. Academy of Management Review, 21(3), 825-860.
    • (1996) Academy of Management Review , vol.21 , Issue.3 , pp. 825-860
    • Laverty, K.J.1
  • 41
    • 0000278677 scopus 로고    scopus 로고
    • People matter: Commitment to employees, strategy and performance in Korean enterprises
    • Lee, J., & Miller, D. (1999). People matter: Commitment to employees, strategy and performance in Korean enterprises. Strategic Management Journal, 20, 579-593.
    • (1999) Strategic Management Journal , vol.20 , pp. 579-593
    • Lee, J.1    Miller, D.2
  • 42
    • 33745046739 scopus 로고    scopus 로고
    • Fairness in family firms
    • Working Paper, Storrs, CT: University of Connecticut
    • Lubatkin, M., Ling, Y., & Schulze, W. (2002). Fairness in family firms. Working Paper, Storrs, CT: University of Connecticut.
    • (2002)
    • Lubatkin, M.1    Ling, Y.2    Schulze, W.3
  • 43
    • 0034952836 scopus 로고    scopus 로고
    • Family ownership & business survival
    • Mackie, R. (2001). Family ownership & business survival. Business History, 43, 1-32.
    • (2001) Business History , vol.43 , pp. 1-32
    • Mackie, R.1
  • 44
    • 0141680434 scopus 로고    scopus 로고
    • Doing the right thing and knowing the right thing to do: Why the whole is greater than the sum of the parts
    • (in press)
    • Makadok, R. (in press). Doing the right thing and knowing the right thing to do: Why the whole is greater than the sum of the parts. Strategic Management Journal.
    • Strategic Management Journal
    • Makadok, R.1
  • 47
    • 0141457467 scopus 로고    scopus 로고
    • An asymmetry-based view of competitive advantage
    • Miller, D. (2003). An asymmetry-based view of competitive advantage. Strategic Management Journal, 24, 961-976.
    • (2003) Strategic Management Journal , vol.24 , pp. 961-976
    • Miller, D.1
  • 48
    • 17544365199 scopus 로고    scopus 로고
    • The challenges and advantages of family business
    • Miller, D., & Le Breton-Miller, I. (2003). The challenges and advantages of family business. Strategic Organization, 1, 27-34.
    • (2003) Strategic Organization , vol.1 , pp. 27-34
    • Miller, D.1    Le Breton-Miller, I.2
  • 50
    • 33644831836 scopus 로고    scopus 로고
    • Family involvement, agency and performance in the Fortune 1000
    • Paper presented at the Academy of Management Meetings Hawaii
    • Miller, D., Le Breton-Miller, I., Lester, R., & Cannella, A. (2005). Family involvement, agency and performance in the Fortune 1000. Paper presented at the Academy of Management Meetings Hawaii.
    • (2005)
    • Miller, D.1    Le Breton-Miller, I.2    Lester, R.3    Cannella, A.4
  • 51
    • 0009964484 scopus 로고    scopus 로고
    • The people make the process
    • Miller, D., & Lee, J. (2001). The people make the process. Journal of Management, 27, 163-189.
    • (2001) Journal of Management , vol.27 , pp. 163-189
    • Miller, D.1    Lee, J.2
  • 53
    • 27744568017 scopus 로고    scopus 로고
    • Entrepreneurial control and the rent-seeking society
    • Morck, R., & Yeung, B. (2004). Entrepreneurial control and the rent-seeking society. Entrepreneurship Theory and Practice, 28, 391-410.
    • (2004) Entrepreneurship Theory and Practice , vol.28 , pp. 391-410
    • Morck, R.1    Yeung, B.2
  • 54
    • 48549110620 scopus 로고
    • Corporate financing and investment decisions when firms have information investors do not have
    • Myers, S. C., & Majluf, N. S. (1984). Corporate financing and investment decisions when firms have information investors do not have. Journal of Financial Economics, 15, 187-221.
    • (1984) Journal of Financial Economics , vol.15 , pp. 187-221
    • Myers, S.C.1    Majluf, N.S.2
  • 55
    • 0002456707 scopus 로고
    • Theory, strategy, and entrepreneurship
    • D. J. Teece (Ed.), New York: Harper & Row
    • Rumelt, R. P. (1987). Theory, strategy, and entrepreneurship. In D. J. Teece (Ed.), The competitive challenge (pp. 137-158). New York: Harper & Row.
    • (1987) The Competitive Challenge , pp. 137-158
    • Rumelt, R.P.1
  • 56
    • 84989046113 scopus 로고
    • How much does industry matter?
    • Rumelt, R. P. (1991). How much does industry matter? Strategic Management Journal, 12, 167-185.
    • (1991) Strategic Management Journal , vol.12 , pp. 167-185
    • Rumelt, R.P.1
  • 58
    • 0041530272 scopus 로고    scopus 로고
    • Toward a theory of agency and altruism in family business
    • Schulze, W., Lubatkin, M., & Dino, R. (2003a). Toward a theory of agency and altruism in family business. Journal of Business Venturing, 18, 473-490.
    • (2003) Journal of Business Venturing , vol.18 , pp. 473-490
    • Schulze, W.1    Lubatkin, M.2    Dino, R.3
  • 61
    • 0033283301 scopus 로고    scopus 로고
    • Technological resources and the direction of corporate diversification
    • Silverman, B. (1999). Technological resources and the direction of corporate diversification. Management Science, 45, 1109-1125.
    • (1999) Management Science , vol.45 , pp. 1109-1125
    • Silverman, B.1
  • 64
    • 31144463193 scopus 로고    scopus 로고
    • How do family ownership, management and control affect firm value
    • Working Paper. Department of Finance, Harvard Business School
    • Villalonga, B., & Amit, R. (2004). How do family ownership, management and control affect firm value. Working Paper. Department of Finance, Harvard Business School.
    • (2004)
    • Villalonga, B.1    Amit, R.2
  • 65
    • 0003790756 scopus 로고
    • Keeping the family business healthy
    • San Francisco, CA: Jossey-Bass
    • Ward, J. (1987). Keeping the family business healthy. San Francisco, CA: Jossey-Bass.
    • (1987)
    • Ward, J.1
  • 67
    • 0000400312 scopus 로고    scopus 로고
    • Strategy research: Governance and competence perspectives
    • Williamson, O. E (1999). Strategy research: Governance and competence perspectives. Strategic Management Journal, 20(12), 1087-1108.
    • (1999) Strategic Management Journal , vol.20 , Issue.12 , pp. 1087-1108
    • Williamson, O.E.1
  • 68
    • 0001491347 scopus 로고
    • On coase, competence and the corporation
    • O. E. Williamson & S. G. Winter (Eds.), New York: Oxford University Press
    • Winter, S. (1988). On coase, competence and the corporation. In O. E. Williamson & S. G. Winter (Eds.), The nature of the firm: Origins, evolution, and development. New York: Oxford University Press.
    • (1988) The Nature of the Firm: Origins, Evolution, and Development
    • Winter, S.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.