A Literature Review of Family Firm Boards: An Input-Mediator-Output-Input Perspective

Chelsea Sherlock () and David Marshall ()
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Chelsea Sherlock: The University of Mississippi
David Marshall: University of Dayton

Chapter 7 in The Palgrave Handbook of Heterogeneity among Family Firms, 2019, pp 141-179 from Springer

Abstract: Abstract Employing a synthesis model, this chapter examines the relationship between board structure and board processes within family firms. By reviewing the family firm governance literature from the past 20 years, we apply the Ilgen et al. (Annu Rev Psychol 56:517–543, 2005) input-mediator-output-input framework to identify heterogeneous family processes which ultimately impact the forming, functioning, and finishing stages of boards of directors in family firms. In doing so, we help to answer questions of why family firm boards are effective rather than what predicts board effectiveness, as well as provide guidance for future research.

Keywords: Board of directors; Family firms; Board processes; Family involvement; Input-mediator-output-input framework (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-77676-7_7

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DOI: 10.1007/978-3-319-77676-7_7

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