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Networks and family firm performance: some evidence from Italy

Author

Listed:
  • Francesco Aiello
  • Paola Cardamone
  • Lidia Mannarino
  • Valeria Pupo

Abstract

Using a large sample of Italian small-medium sized firms, this study analyses the effects of formal inter-firm cooperation on the performance of family firms (FFs). The study is based on the network contract (‘Contratto di rete’) implemented in Italy in 2009. The results show that networks have a positive effect on FFs’ performance, while no conclusive evidence is found for non-FFs. Additionally, the advantages for southern family firms and for small firms are considerable.

Suggested Citation

  • Francesco Aiello & Paola Cardamone & Lidia Mannarino & Valeria Pupo, 2023. "Networks and family firm performance: some evidence from Italy," Applied Economics Letters, Taylor & Francis Journals, vol. 30(5), pages 620-625, March.
  • Handle: RePEc:taf:apeclt:v:30:y:2023:i:5:p:620-625
    DOI: 10.1080/13504851.2021.2005764
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    More about this item

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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