La performance des PME familiales belges. Une étude empirique

Christiane Bughin and Olivier Colot

Revue française de gestion, 2008, vol. n° 186, issue 6, 1-17

Abstract: A large conceptual economic literature presents assumptions that family owned and controlled firms perform better than others, essentially on the basis of agency theory, ownership structure, cultural specificities and particular management practices. Large empirical evidence has been supplied by various studies, even if there are still contradictory debates. This paper uses the paired samples methodology to compare operational, economic and financial profitabilities of small Belgian family firms. The results do not show that small Belgian family firms perform significantly better.

Date: 2008
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