Family Governance and Firm Performance: Agency, Stewardship, and Capabilities

By Danny Miller, Isabelle Le Breton-Miller. 2006

1,300 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/e80e7f0cc6fa2b147614851bc2c11c22c0985f69

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Citations in the corpus

Stewardship Theory: Realism, Relevance, and Family Firm Governance (2019, background): “How family and nonfamily members are treated can sow the seeds of stewardship or agency (cf., Le Breton-Miller & Miller, 2009; Miller & Le Breton-Miller, 2006).”
Trade Credit, Bank Credit, and Flight to Quality: Evidence from French SMEs (2015, result): “For SMEs, the implications of the principal–agent approach are consistent with the “pecking order” theory of capital structure developed by Myers and Majluf (1984) and Myers (1984).”
Governance Structure, Innovation and Internationalization: Evidence from India (2013, neutral): “The support of owners may lengthen the time horizon for payoffs (Miller and Breton-Miller, 2005; Zahra, 2003), making it possible for the managers to assume greater risks.”
Family Business, Board Dynamics and Firm Value: Evidence from Malaysia (2009, background): “Family firms also form an essential part of the Malaysian economy and contribute more than half of Malaysia’s Gross Domestic Product (Ngui, 2002). A survey by Grant Thornton (2002) found that Malaysian family firms evolved from small enterprises and became giant conglomerates.”
The Effect of Organizational Characteristics on the Appointment of Nonfamily Managers in Private Family Firms (2015, background): “In larger companies, skill requirements are elevated due to, for example, a greater number of employees to manage, more hierarchy and departments, and more formal routines required (Miller et al., 2013). Overall, Miller et al. (2013) state that all these factors are related to a higher level of admi”
Riding the waves of family firm internationalization: A systematic literature review, integrative framework, and research agenda (2020, neutral): “Although FFs are less inclined to invest, they may exploit their superior relational capabilities in locations with institutional voids, corroborating the arguments of Miller, Lee, Chang, and Le Breton-Miller (2009) suggesting that FFs are more able to build close relationships based on trust in eme”