.... By exploring these dynamics – particularly through the lens of agency theory – the research aims to deepen our understanding of how family generations and control influence governance and shareholder rights in family firms. Design/methodology/approach Using a panel dataset of 748 firm-year observations...

... implications and research limitations. The theoretical approach of this study is based on multiple theoretical frameworks: the agency theory and the resource dependence theory. This approach enables us to identify the importance of women directors and family control in improving firms' environmental...

... in the relationship between family firm essence and firm performance. Originality/value This study draws on agency theory to shed light on how family firms successfully bring nonfamily employees into the fold despite their human resource limitations. The results extend theory on family businesses by demonstrating...

... objectives, which mitigates the positive effect of interlocks on performance. These findings contrast with the insignificant effects of COB interlocks found for non-family corporates. Originality/value A new framework is proposed which, through agency theory, finds points of concordance among resource...

... process. This is practiced when executives intend to make the accounting results of the firm tendentious to achieve personal gains. This observation is supported by agency theory, which postulates that managers, taking advantage of information asymmetry, often work to maximize their utility function...

... contextualize the Brazilian organizational environment and present the main characteristics of FBs run by different generations in the light of the agency theory, resource-based view (RBV) and resource dependence theory (RDT). In each context, we highlight the role played by the external director...

... the relationship between steward-manager and principal (Davis et al., 1997). Similar to agency theory, it also deals with the relationship concerning governance as well as behavioral perspective. Unlike the agency theory, stewardship theory provides the humanistic model instead of an economic model...

.... Whitney Peake can be contacted at: whitney.peake@wku.edu 02 06 2016 21 10 2016 07 03 2017 The remainder of the paper is organized as follows. First, we address the role of agency theory in strategic management, management practice implementation, and goal setting for family...

... – alongside numerous moderators commonly used in innovation research – several family firm definitions. Given the censored nature of the endogenous variable chosen, a Tobit model is used. Findings Drawing upon agency theory and the ability and willingness paradox in family firm innovation, it finds family...

...Ilan Avrichir; Raquel Meneses; Agnaldo Antonio dos Santos Purpose Although the concepts of family business, internationalization, and agency theory have received some attention in the relevant literature, these concepts and theories have been used independently. The purpose of this paper...