An Institution-Based View of Large Family Firms: A Recap and Overview

被引：56
作者：
Peng, Mike W. [1 ]
Sun, Wei [3 ,5 ]
Vlas, Cristina [2 ]
Minichilli, Alessandro [4 ,5 ]
Corbetta, Guido [4 ,5 ]
机构：
[1] Univ Texas Dallas, Jindal Sch Management, Jindal Chair Global Strategy, Richardson, TX 75083 USA
[2] Univ Texas Dallas, Jindal Sch Management, Richardson, TX 75083 USA
[3] Xi An Jiao Tong Univ, Sch Management, 28 Xianning West Rd, Xian 710049, Shaanxi, Peoples R China
[4] Bocconi Univ, Dept Management, Milan, Italy
[5] Bocconi Univ, ICRIOS, Milan, Italy
来源：
ENTREPRENEURSHIP THEORY AND PRACTICE | 2018年 / 42卷 / 02期
关键词：
family ownership and control; family firms; large firms; institution-based view; socioemotional wealth (SEW); SOCIOEMOTIONAL WEALTH; CORPORATE GOVERNANCE; EMERGING ECONOMIES; PERFORMANCE; OWNERSHIP; AGENCY; DIVERSIFICATION; STRATEGY; MARKETS; PERSPECTIVE;
D O I：
10.1177/1042258717749234
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article sketches the contours of an institution-based view of family ownership and control in large firms, with a focus on institutional roots, institutional relatedness, and institutional transitions. The institution-based view brings considerable continuity to family-firm research. It also offers significant novelty in helping resolve some puzzles. Specifically, it answers why the Berle and Means hypothesis on the "inevitability'' of separation of ownership and control has not received support in many parts of the world. Finally, its broad scope enables us to integrate institution-based arguments with an important recent debate on the socioemotional wealth (SEW) priorities of family firms.
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页码：187 / 205
页数：19
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