L. Scholes
The Importance of Family Firm Trusts in Family Firm Governance
Scholes, L.; Wilson, N.
Authors
N. Wilson
Abstract
We explore the governance role of trusts in family firms and develop a typology which maps different configurations of boards and trustees with the longevity and efficiency of family firms. Suggestions are given for the proposed effects of these configurations and comparisons are made with Carney, Gedajlovic, and Strike’s (2014) ‘Dead Money’ discussion. Recognition is given to the fact that the dynamics of family firms is inextricably linked to the life cycle of families and that governance mechanisms need to react to changes and developments during the life-cycle if the family firm is to be conserved.
Citation
Scholes, L., & Wilson, N. (2014). The Importance of Family Firm Trusts in Family Firm Governance. Entrepreneurship Theory and Practice, 36(6), 1285-1293. https://doi.org/10.1111/etap.12124
Journal Article Type | Article |
---|---|
Publication Date | Nov 1, 2014 |
Deposit Date | Mar 27, 2014 |
Publicly Available Date | Mar 28, 2024 |
Journal | Entrepreneurship Theory and Practice |
Print ISSN | 1042-2587 |
Electronic ISSN | 1540-6520 |
Publisher | SAGE Publications |
Peer Reviewed | Peer Reviewed |
Volume | 36 |
Issue | 6 |
Pages | 1285-1293 |
DOI | https://doi.org/10.1111/etap.12124 |
Public URL | https://durham-repository.worktribe.com/output/1467756 |
Files
Accepted Journal Article
(320 Kb)
PDF
Copyright Statement
This is the peer reviewed version of the following article: Scholes, L. and Wilson, N. (2014), The Importance of Family Firm Trusts in Family Firm Governance. Entrepreneurship Theory and Practice, 38 (6): 1285-1293, which has been published in final form at http://dx.doi.org/10.1111/etap.12124. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.
You might also like
Family Firm Performance: Trusts, Ownership and Governance
(2023)
Presentation / Conference
Family Firm Performance: Trusts, Ownership and Governance
(2015)
Presentation / Conference
Family Business Survival and the Role of Boards
(2013)
Journal Article
Downloadable Citations
About Durham Research Online (DRO)
Administrator e-mail: dro.admin@durham.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search