Owner‐Management, Firm Age, and Productivity in Italian Family Firms

Marco Cucculelli, Lidia Mannarino, Valeria Pupo and Fernanda Ricotta

Journal of Small Business Management, 2014, vol. 52, issue 2, 325-343

Abstract: Using total factor productivity as a measure of corporate performance, we find that Italian family‐run firms are less productive than firms run by outside managers and the result is robust to potential endogeneity of management regime. This difference tends to vanish when the age of the firms is taken into account. Also, when considering family‐owned firms only, there is no difference in performance between outside managers and family managers.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1111/jsbm.12103 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Owner-management, firm age and productivity in Italian family firms (2014)
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:taf:ujbmxx:v:52:y:2014:i:2:p:325-343

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ujbm20

DOI: 10.1111/jsbm.12103

Access Statistics for this article

Journal of Small Business Management is currently edited by Eric Liguori

More articles in Journal of Small Business Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().