Family governance – Literature review and the development of a conceptual model

Julia Suess

Journal of Family Business Strategy, 2014, vol. 5, issue 2, 138-155

Abstract: A growing number of articles emphasise the importance of establishing an effective system of family governance, and a synthesis of the existing literature on family governance mechanisms (henceforth FGM) seems timely and relevant. Therefore, by focusing on three FGM (family meetings, family councils and family constitutions), this systematic literature review sheds light on the factors associated with family governance. Altogether, eight family governance-related factors could be identified, which were then grouped into antecedents, correlates and outcomes and consequently consolidated into a conceptual model. The findings reveal substantial heterogeneity in family governance-related topics, ambiguity regarding the causality between FGM and related factors, a disregard of theoretical considerations and an underrepresentation of qualitative research strategies in contemporary family governance research. The article concludes with an extensive discussion of potential avenues for future research.

Keywords: Family business; Family governance; Literature review; Conceptual model (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1877858514000175
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:fambus:v:5:y:2014:i:2:p:138-155

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/719791/bibliographic
http://www.elsevier. ... 719791/bibliographic

DOI: 10.1016/j.jfbs.2014.02.001

Access Statistics for this article

Journal of Family Business Strategy is currently edited by J.H. Astrachan

More articles in Journal of Family Business Strategy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().