Altruism and agency in the family firm: Exploring the role of family, kinship, and ethnicity
Karra, Neri, Tracey, Paul and Phillips, Nelson (2006) Altruism and agency in the family firm: Exploring the role of family, kinship, and ethnicity. In: Conference on Theories of Family Enterprise, Univ Alberta, Edmonton, CANADA, JUN 01-03, 2005. Published in: ENTREPRENEURSHIP THEORY AND PRACTICE, 30 (6). pp. 861-877.Full text not available from this repository.
This article examines the relationship between altruism and agency costs in family business through an in-depth case study of a family firm. We found that altruism reduced agency costs in the early stages of the business, but that agency problems increased as the venture became larger and more established. Moreover, we suggest that altruistic behavior need not be confined to family and close kin, but may extend through networks of distant kin and ethnic ties. We thus present a more complex view of the agency relationship in family business than is often portrayed in the existing literature.
|Item Type:||Conference Item (UNSPECIFIED)|
|Subjects:||H Social Sciences > HF Commerce|
|Journal or Publication Title:||ENTREPRENEURSHIP THEORY AND PRACTICE|
|Number of Pages:||17|
|Page Range:||pp. 861-877|
|Title of Event:||Conference on Theories of Family Enterprise|
|Location of Event:||Univ Alberta, Edmonton, CANADA|
|Date(s) of Event:||JUN 01-03, 2005|
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