... investigate the moderating role of family ownership dispersion (FOD). Design/methodology/approach We draw on an integrated theoretical framework bringing together the upper echelons theory and the socio-emotional wealth (SEW) perspective and on hand-collected data on a sample of Italian family IPOs...

...Alessandro Cirillo; Mario Ossorio; Luca Pennacchio Purpose The purpose of this paper is to contribute to innovation and family business literature by establishing whether institutional involvement of private equity (PE) and banks in family firms moderates the relationship between family ownership...

... Tunisian non-financial firms over the period 1998-2012, the authors use fixed effects and Generalized Method of Moments models to test the complementary/substitutability effect between family ownership and competition. Findings – The authors find that product market competition boosts productivity...