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Online-Only-Appendix: Performance of Family Firms: A Literature Review and Guidance for Future Research

Author

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  • Joseph H. Astrachan
  • Thomas Zellweger

Abstract

This special issue ends with a comprehensive review article by Zellweger and Astrachan focused on understanding what we know about the ways in which family influence affects firm performance. Their literature review is organized along the dimensions of power, experience, and culture, through which a family can exert influence on a firm (Astrachan, Klein, Smyrnios 2002; Klein, Astrachan, Smyrnios 2005). André Hoffmann's commentary shares how the Hoffmann family has exercised its influence on the world's third largest pharmaceutical company, Roche Pharmaceuticals, for over a century. A combination of family involvement in ownership and governance of the firm has enabled the Hoffmann family to support the “Roche way of doing business”.

Suggested Citation

  • Joseph H. Astrachan & Thomas Zellweger, 2008. "Online-Only-Appendix: Performance of Family Firms: A Literature Review and Guidance for Future Research," ZfKE – Zeitschrift für KMU und Entrepreneurship, Duncker & Humblot, Berlin, vol. 56(1-2), pages 1-22.
    • Handle: RePEc:dah:aeqzfk:v56_y2008_i1-2_q1-2_p1-22
    DOI: 10.3790/zfke.56.1_2.1c
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    Citations

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    Cited by:

    1. Henrik Harms, 2014. "Review of Family Business Definitions: Cluster Approach and Implications of Heterogeneous Application for Family Business Research," IJFS, MDPI, vol. 2(3), pages 1-35, July.
    2. Santiago, Andrea & Pandey, Shweta & Manalac, Ma. Theresa, 2019. "Family presence, family firm reputation and perceived financial performance: Empirical evidence from the Philippines," Journal of Family Business Strategy, Elsevier, vol. 10(1), pages 49-56.
    3. Fei Ge & Peipei Wu & Yun Feng & Lu Gao, 2023. "Do enterprises with foreign direct investments in tax havens prefer charitable donations? Evidence from China," Asian Business & Management, Palgrave Macmillan, vol. 22(5), pages 2056-2076, November.
    4. Audretsch, David B. & Hülsbeck, Marcel & Lehmann, Erik E., 2010. "The benefits of family ownership, control and management on financial performance of firms," UO Working Papers 05-10, University of Augsburg, Chair of Management and Organization.
    5. Sanchez-Famoso, Valeriano & Iturralde Jainaga, Txomin & Maseda García, Amaia, 2015. "Kapital sozialaren garrantzia familia enpresetan," Revista de Dirección y Administración de Empresas, Universidad del País Vasco - Escuela Universitaria de Estudios Empresariales de San Sebastián.
    6. Adriana CIOCA & Delia POPESCU, 2019. "Dimension Of Managerial Control In Family Business," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 37-49, November.
    7. Audretsch, David B. & Hülsbeck, Marcel & Lehmann, Erik E., 2013. "Families as active monitors of firm performance," Journal of Family Business Strategy, Elsevier, vol. 4(2), pages 118-130.
    8. Ralph I. Williams & Torsten M. Pieper & Franz W. Kellermanns & Joseph H. Astrachan, 2019. "Family business goal formation: a literature review and discussion of alternative algorithms," Management Review Quarterly, Springer, vol. 69(3), pages 329-349, September.

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