메뉴 건너뛰기




Volumn 14, Issue 1, 2008, Pages 40-58

Differences between family and non-family SMEs: A comparative study of Australia and Belgium

Author keywords

Agency theory; Australia; Belgium; Country differences; Family business; Industry differences

Indexed keywords


EID: 44949095767     PISSN: 18333672     EISSN: None     Source Type: Journal    
DOI: 10.5172/jmo.2008.14.1.40     Document Type: Article
Times cited : (28)

References (54)
  • 1
    • 0142219280 scopus 로고    scopus 로고
    • Founding-family ownership and firm performance: Evidence from the S&P 500
    • Anderson RC and Reeb DM (2003a) Founding-family ownership and firm performance: evidence from the S&P 500. The Journal of Finance 58: 1301-1328.
    • (2003) The Journal of Finance , vol.58 , pp. 1301-1328
    • Anderson, R.C.1    Reeb, D.M.2
  • 2
    • 1342311433 scopus 로고    scopus 로고
    • Founding-family ownership, corporate diversification, and firm leverage
    • Anderson RC and Reeb DM (2003b) Founding-family ownership, corporate diversification, and firm leverage. Journal of Law and Economics 46: 653-684.
    • (2003) Journal of Law and Economics , vol.46 , pp. 653-684
    • Anderson, R.C.1    Reeb, D.M.2
  • 3
    • 12744275057 scopus 로고    scopus 로고
    • Board composition: Balancing family influence in S&P 500 firms
    • Anderson RC and Reeb DM (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.M.2
  • 4
    • 84996145945 scopus 로고    scopus 로고
    • Family businesses' contribution to the U.S. economy: A closer look
    • Astrachan J and Shanker M (2003) Family businesses' contribution to the U.S. economy: a closer look. Family Business Review 16: 211-219.
    • (2003) Family Business Review , vol.16 , pp. 211-219
    • Astrachan, J.1    Shanker, M.2
  • 10
    • 84965934833 scopus 로고
    • An empirical examination of ownership structure in family and professionally manages firms
    • Daily CM and Dollinger M J (1992) An empirical examination of ownership structure in family and professionally manages firms. Family Business Review 5: 117-136.
    • (1992) Family Business Review , vol.5 , pp. 117-136
    • Daily, C.M.1    Dollinger, M.J.2
  • 11
    • 27944503570 scopus 로고
    • Realizing the potential of the family business
    • Davis P (1983) Realizing the potential of the family business. Organizational Dynamic 12: 47-56.
    • (1983) Organizational Dynamic , vol.12 , pp. 47-56
    • Davis, P.1
  • 12
    • 0034178958 scopus 로고    scopus 로고
    • Controlling stockholders and the disciplinary role of corporate payout policy: A study of the Times Mirror Company
    • DeAngelo H and DeAngelo L (2000) Controlling stockholders and the disciplinary role of corporate payout policy: a study of the Times Mirror Company. Journal of Financial Economics 56:153-207.
    • (2000) Journal of Financial Economics , vol.56 , pp. 153-207
    • DeAngelo, H.1    DeAngelo, L.2
  • 13
    • 84935941592 scopus 로고
    • The structure of corporate ownership: Causes and consequences
    • Demetz H and Lehn K (1985) The structure of corporate ownership: causes and consequences. Journal of Political Economy 93: 1155-1184.
    • (1985) Journal of Political Economy , vol.93 , pp. 1155-1184
    • Demetz, H.1    Lehn, K.2
  • 14
    • 84965919328 scopus 로고
    • Are family businesses really different? European experiences from STRATOS
    • Donckels R and Frohlich E (1991) Are family businesses really different? European experiences from STRATOS. Family Business Review 4: 149-160.
    • (1991) Family Business Review , vol.4 , pp. 149-160
    • Donckels, R.1    Frohlich, E.2
  • 16
    • 84964128982 scopus 로고
    • The role of family business and its distinctive characteristic behavior in industrial activity
    • Gallo MA (1995) The role of family business and its distinctive characteristic behavior in industrial activity. Family Business Review 8: 83-97.
    • (1995) Family Business Review , vol.8 , pp. 83-97
    • Gallo, M.A.1
  • 18
    • 0001240280 scopus 로고    scopus 로고
    • Management and ownership effects: Evidence from five countries
    • Gedajlovic ER and Shapiro DM (1998) Management and ownership effects: evidence from five countries. Strategic Management Journal 19: 533-553.
    • (1998) Strategic Management Journal , vol.19 , pp. 533-553
    • Gedajlovic, E.R.1    Shapiro, D.M.2
  • 21
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and ownership structure
    • Jensen MC and Meckling WH (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.C.1    Meckling, W.H.2
  • 22
    • 17744369256 scopus 로고    scopus 로고
    • Owner-manager Gender, Financial Performance and Business Growth amongst SMEs from Australia's Business Longitudinal Survey
    • Johnsen GJ and McMahon RGP (2005a) Owner-manager Gender, Financial Performance and Business Growth amongst SMEs from Australia's Business Longitudinal Survey. International Small Business Journal 23: 115-142.
    • (2005) International Small Business Journal , vol.23 , pp. 115-142
    • Johnsen, G.J.1    McMahon, R.G.P.2
  • 24
    • 44949163482 scopus 로고    scopus 로고
    • Training and Development, and Business Growth: A Study of Australian Manufacturing SMEs
    • Jones JT (2004a) Training and Development, and Business Growth: a Study of Australian Manufacturing SMEs. Asia Pacificjournal of Human Resources 42: 96-121.
    • (2004) Asia Pacificjournal of Human Resources , vol.42 , pp. 96-121
    • Jones, J.T.1
  • 25
    • 44949102843 scopus 로고    scopus 로고
    • HRM and Business Growth: An Exploratory Longitudinal Study of Australian Manufacturing SMEs
    • Jones JT (2004b) HRM and Business Growth: an Exploratory Longitudinal Study of Australian Manufacturing SMEs. Research Journal of the OOI Academy International Congress 1: 75-87.
    • (2004) Research Journal of the OOI Academy International Congress , vol.1 , pp. 75-87
    • Jones, J.T.1
  • 26
    • 28344432859 scopus 로고    scopus 로고
    • The Determinants of Training in Australian Manufacturing SMEs
    • Jones JT (2005) The Determinants of Training in Australian Manufacturing SMEs. Education + Training 47(819): 605-615.
    • (2005) Education + Training , vol.47 , Issue.819 , pp. 605-615
    • Jones, J.T.1
  • 27
    • 44949121270 scopus 로고    scopus 로고
    • New Management Practices and Training: A Longitudinal Study of Australian Manufacturing SMEs
    • Jones JT (2005/2006) New Management Practices and Training: a Longitudinal Study of Australian Manufacturing SMEs. International Journal of Knowledge, Culture and Change Management 5: 179-188.
    • (2005) International Journal of Knowledge, Culture and Change Management , vol.5 , pp. 179-188
    • Jones, J.T.1
  • 29
    • 33745196868 scopus 로고    scopus 로고
    • Real versus sample-based differences in comparative Family Business research
    • Jorissen A, Laveren E, Martens R and Rebeul A (2005) Real versus sample-based differences in comparative Family Business research. Family Business Review 18: 229-246.
    • (2005) Family Business Review , vol.18 , pp. 229-246
    • Jorissen, A.1    Laveren, E.2    Martens, R.3    Rebeul, A.4
  • 30
    • 44949128612 scopus 로고    scopus 로고
    • Financial reporting to financiers by Australian Manufacturing SMEs
    • McMahon RGP (1999a) Financial reporting to financiers by Australian Manufacturing SMEs. International Small Business Journal 18: 35-52.
    • (1999) International Small Business Journal , vol.18 , pp. 35-52
    • McMahon, R.G.P.1
  • 31
    • 0033430808 scopus 로고    scopus 로고
    • Modelling the extent of financial reporting practices amongst Australian manufacturing SMEs
    • McMahon RGP (1999b) Modelling the extent of financial reporting practices amongst Australian manufacturing SMEs. Small Business Economics 13: 81-96.
    • (1999) Small Business Economics , vol.13 , pp. 81-96
    • McMahon, R.G.P.1
  • 32
    • 0035532526 scopus 로고    scopus 로고
    • Business growth and performance and the financial reporting practices of Australian manufacturing SMEs
    • McMahon RGP (2001a) Business growth and performance and the financial reporting practices of Australian manufacturing SMEs. Journal of Small Business Management 39: 152-164.
    • (2001) Journal of Small Business Management , vol.39 , pp. 152-164
    • McMahon, R.G.P.1
  • 33
    • 0035639214 scopus 로고    scopus 로고
    • Deriving an empirical development taxonomy for manufacturing SMEs using data from Australia's business longitudinal survey
    • McMahon RGP (2001b) Deriving an empirical development taxonomy for manufacturing SMEs using data from Australia's business longitudinal survey. Small Business Economics 17: 197-212.
    • (2001) Small Business Economics , vol.17 , pp. 197-212
    • McMahon, R.G.P.1
  • 34
    • 44949163481 scopus 로고    scopus 로고
    • Growth and financial profiles amongst manufacturing SMEs from Australids business longitudinal survey
    • McMahon RGP (2001c) Growth and financial profiles amongst manufacturing SMEs from Australids business longitudinal survey. Entrepreneurship Theory and Practice, 26: 51-61.
    • (2001) Entrepreneurship Theory and Practice , vol.26 , pp. 51-61
    • McMahon, R.G.P.1
  • 35
    • 84997901738 scopus 로고    scopus 로고
    • Growth and performance of manufacturing SMEs: The influence of financial management characteristics
    • McMahon RGP (2001d) Growth and performance of manufacturing SMEs: the influence of financial management characteristics. International Small Business Journal 19: 10-28.
    • (2001) International Small Business Journal , vol.19 , pp. 10-28
    • McMahon, R.G.P.1
  • 36
    • 84998075619 scopus 로고    scopus 로고
    • An exploratory study of under- and over-investment amongst manufacturing SMEs from Australia's business longitudinal survey
    • McMahon RGP (2003) An exploratory study of under- and over-investment amongst manufacturing SMEs from Australia's business longitudinal survey. International Small Business Journal 21: 29-53.
    • (2003) International Small Business Journal , vol.21 , pp. 29-53
    • McMahon, R.G.P.1
  • 37
    • 3843089694 scopus 로고    scopus 로고
    • Equity Agency Costs Amongst Manufacturing SMEs
    • McMahon RGP (2004) Equity Agency Costs Amongst Manufacturing SMEs. Small Business Economics 22: 121-140.
    • (2004) Small Business Economics , vol.22 , pp. 121-140
    • McMahon, R.G.P.1
  • 38
    • 0041495081 scopus 로고    scopus 로고
    • Internationalization of family businesses: Evidence from Northwest Ohio
    • Okoroafo SC (1999) Internationalization of family businesses: evidence from Northwest Ohio. Family Business Review 12: 147-158.
    • (1999) Family Business Review , vol.12 , pp. 147-158
    • Okoroafo, S.C.1
  • 39
    • 21344478385 scopus 로고
    • Relative merits: Family culture and kinship in small firms
    • Ram M and Holiday R (1993) Relative merits: family culture and kinship in small firms. Sociology 27: 629-648.
    • (1993) Sociology , vol.27 , pp. 629-648
    • Ram, M.1    Holiday, R.2
  • 40
    • 0042164210 scopus 로고    scopus 로고
    • Ownership structure, founder leadership, and performance in Norwegian SMEs: Implications for financing entrepreneurial opportunities
    • Randoy T and Goel S (2003) Ownership structure, founder leadership, and performance in Norwegian SMEs: implications for financing entrepreneurial opportunities. Journal of Business Venturing 18: 619-637.
    • (2003) Journal of Business Venturing , vol.18 , pp. 619-637
    • Randoy, T.1    Goel, S.2
  • 42
    • 0038809082 scopus 로고    scopus 로고
    • Exploring the agency consequences of ownership dispersion among the directors of private family firms
    • Schulze WS, Lubatkin MH, and Dino RN (2003) Exploring the agency consequences of ownership dispersion among the directors of private family firms. Academy of Management Journal 46: 179-194.
    • (2003) Academy of Management Journal , vol.46 , pp. 179-194
    • Schulze, W.S.1    Lubatkin, M.H.2    Dino, R.N.3
  • 44
    • 44949229803 scopus 로고    scopus 로고
    • From Entrepreneurial to Professional Management: A Transition Model from Australian Manufacturing SMEs
    • Smith M (2003) From Entrepreneurial to Professional Management: a Transition Model from Australian Manufacturing SMEs. Sinall Enterprise Research 11: 3-21.
    • (2003) Sinall Enterprise Research , vol.11 , pp. 3-21
    • Smith, M.1
  • 45
    • 44949254574 scopus 로고    scopus 로고
    • Scanning the business environment and rates of growth among Australian manufacturing SMEs
    • Smith M (2005) Scanning the business environment and rates of growth among Australian manufacturing SMEs. Small Enterprise Research 13: 22-36.
    • (2005) Small Enterprise Research , vol.13 , pp. 22-36
    • Smith, M.1
  • 46
    • 44949152174 scopus 로고    scopus 로고
    • An empirical comparison of the managerial development-of family and non-family SMEs from Australia's manufacturing sector
    • Smith M (2006) An empirical comparison of the managerial development-of family and non-family SMEs from Australia's manufacturing sector. Journal of Enterprising Culture 14: 127-143.
    • (2006) Journal of Enterprising Culture , vol.14 , pp. 127-143
    • Smith, M.1
  • 47
    • 34547918024 scopus 로고    scopus 로고
    • Family businesses are not always different: An empirical comparison of some managerial characteristics of family and non-family SMEs across nine Australian industry sectors
    • Smith M (2007) Family businesses are not always different: an empirical comparison of some managerial characteristics of family and non-family SMEs across nine Australian industry sectors. International Journal of Entrepreneurial Behaviour & Research 13: 278-295.
    • (2007) International Journal of Entrepreneurial Behaviour & Research , vol.13 , pp. 278-295
    • Smith, M.1
  • 48
    • 0003469183 scopus 로고    scopus 로고
    • SPSS Inc, Chicago: SPSS Inc
    • SPSS Inc. (1999) SPSS Advanced Models 10.0. Chicago: SPSS Inc.
    • (1999) SPSS Advanced Models 10.0
  • 49
    • 33745207065 scopus 로고    scopus 로고
    • A comparative analysis of strategic marketing practices of high-growth U.S. family and non-family firms
    • Teal EJ, Upton N and Seaman SL (2003) A comparative analysis of strategic marketing practices of high-growth U.S. family and non-family firms. Journal of Developmental Entrepreneurship 8: 177-195.
    • (2003) Journal of Developmental Entrepreneurship , vol.8 , pp. 177-195
    • Teal, E.J.1    Upton, N.2    Seaman, S.L.3
  • 50
    • 79958057787 scopus 로고    scopus 로고
    • Growing the family business: Special challenges and best practices
    • Ward JL (1997) Growing the family business: special challenges and best practices. Family Business Review 10: 323-337.
    • (1997) Family Business Review , vol.10 , pp. 323-337
    • Ward, J.L.1
  • 51
    • 0001564309 scopus 로고    scopus 로고
    • Ambitions 'external' environment and strategic factor differences between family and non-family companies
    • Westhead P (1997) Ambitions 'external' environment and strategic factor differences between family and non-family companies. Entrepreneurship & Regional Development 9: 127-157.
    • (1997) Entrepreneurship & Regional Development , vol.9 , pp. 127-157
    • Westhead, P.1
  • 53
    • 0003071670 scopus 로고    scopus 로고
    • Family firm research: The need for a methodological rethink
    • Westhead P and Cowling M (1998) Family firm research: the need for a methodological rethink. Entrepreneurship Theory and Practice 23: 31-56.
    • (1998) Entrepreneurship Theory and Practice , vol.23 , pp. 31-56
    • Westhead, P.1    Cowling, M.2
  • 54
    • 0038367169 scopus 로고    scopus 로고
    • The development of family companies: Management and ownership imperativies
    • Westhead P, Cowling M and Howorth C (2001) The development of family companies: management and ownership imperativies. Family Business Review 14: 369-385.
    • (2001) Family Business Review , vol.14 , pp. 369-385
    • Westhead, P.1    Cowling, M.2    Howorth, C.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.