Scholes, L. and Elliott, C. and Hughes, M. and Mustafa, M. (2015) 'Family firm performance : trusts, ownership and governance.', FERC 2015: 11th Annual Family Enterprise Research Conference. Burlington, USA, 4-7 June 2015.
We explore the influence of ownership and governance on financial performance in a sample of 200 UK family firms. This study is the first to explore the governance role of trusts and indicates that the presence of trusts lead to a significant reduction in the growth and profitability of family firms. Trusts therefore deserve much greater research attention in the future.
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|Record Created:||19 Mar 2015 15:20|
|Last Modified:||06 Apr 2016 10:36|
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