EconPapers    
Economics at your fingertips  
 

Independent directors and family firm performance: does one size fit all?

Georges Samara () and Jasmina Berbegal-Mirabent
Additional contact information
Georges Samara: ESADE Business School

International Entrepreneurship and Management Journal, 2018, vol. 14, issue 1, No 11, 149-172

Abstract: Abstract How will the presence of independent directors affect family business performance? This question is still theoretically debated and empirically inconclusive. Because family businesses are a group of heterogeneous companies with different levels of family involvement in the business, the purpose of this paper is to empirically explore how the combination of different family business governance structures jointly shape the effect of independent directors on family business performance in an understudied Collectivist cultural setting. Using Qualitative Comparative Analysis (QCA) on a sample of 74 Lebanese family firms this study finds that, depending on the family firm governance structure, the presence of independent directors on the board can lead to either positive or negative firm performance. Theoretical and practical implications are discussed.

Keywords: Collectivism; Corporate governance; Family Business heterogeneity; Independent directors; Performance (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s11365-017-0455-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:intemj:v:14:y:2018:i:1:d:10.1007_s11365-017-0455-6

Ordering information: This journal article can be ordered from
http://www.springer. ... urship/journal/11365

Access Statistics for this article

International Entrepreneurship and Management Journal is currently edited by Salvador Roig

More articles in International Entrepreneurship and Management Journal from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-09-18
Handle: RePEc:spr:intemj:v:14:y:2018:i:1:d:10.1007_s11365-017-0455-6