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Social capital and family control

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  • Amore, Mario Daniele

Abstract

I empirically investigate the effect of social capital on family control in a comprehensive data set from Italy. Exploiting historically-driven variations in social capital provided by the experience of self-government during the Middle Ages, I find that when social capital is weak, family control and management of companies are more prevalent. These results provide novel evidence on the pervasive influence of culture on organizational structures.

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  • Amore, Mario Daniele, 2017. "Social capital and family control," Explorations in Economic History, Elsevier, vol. 65(C), pages 106-114.
    • Handle: RePEc:eee:exehis:v:65:y:2017:i:c:p:106-114
    DOI: 10.1016/j.eeh.2016.06.001
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    References listed on IDEAS

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    Cited by:

    1. Amore, Mario Daniele & Pelucco, Valerio & Quarato, Fabio, 2022. "Family ownership during the Covid-19 pandemic," Journal of Banking & Finance, Elsevier, vol. 135(C).
    2. Amore, Mario Daniele & Epure, Mircea, 2021. "Riding out of a financial crisis: The joint effect of trust and corporate ownership," Journal of Comparative Economics, Elsevier, vol. 49(1), pages 92-109.
    3. Chen, Mengyuan & Xiao, Jason Zezhong & Zhao, Yang, 2021. "Confucianism, successor choice, and firm performance in family firms: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 69(C).
    4. Ciji Song & Yi Yang & Zengji Song, 2024. "The impact of entrepreneurs’ wives participating in corporate management on company risk-taking," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    5. Chenchen Fan & Mingming Jiang & Bo Zhang, 2024. "Beyond cultural norms: how does historical rice farming affect modern firms' family control?," Economica, London School of Economics and Political Science, vol. 91(363), pages 770-808, July.
    6. Amore, Mario Daniele & Miller, Danny & Le Breton-Miller, Isabelle & Corbetta, Guido, 2017. "For love and money: Marital leadership in family firms," Journal of Corporate Finance, Elsevier, vol. 46(C), pages 461-476.
    7. Miller, Danny & Le Breton-Miller, Isabelle & Amore, Mario Daniele & Minichilli, Alessandro & Corbetta, Guido, 2017. "Institutional logics, family firm governance and performance," Journal of Business Venturing, Elsevier, vol. 32(6), pages 674-693.

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