IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-319-77676-7_12.html
   My bibliography  Save this book chapter

Corporate Governance Codes: How to Deal with the Bright and Dark Sides of Family Influence

In: The Palgrave Handbook of Heterogeneity among Family Firms

Author

Listed:
  • Stefan Prigge

    (Institute for Mittelstand and Family Firms (IMF))

  • Felix K. Thiele

    (Institute for Mittelstand and Family Firms (IMF)
    Leuphana University of Lueneburg)

Abstract

This study examined how corporate governance codes specific to private family firms encourage the bright side and restrict the dark side of family influence. Moreover, it investigated whether these codes foster agency or stewardship tendencies of the family’s involvement in the business. The results of this qualitative research study revealed that the eight analyzed codes are not consistent in their recommendations and focus on different aspects of family influence. Nevertheless, some common recommendations could be identified—for instance, the relevance of family governance mechanisms to avoid conflicts.

Suggested Citation

  • Stefan Prigge & Felix K. Thiele, 2019. "Corporate Governance Codes: How to Deal with the Bright and Dark Sides of Family Influence," Springer Books, in: Esra Memili & Clay Dibrell (ed.), The Palgrave Handbook of Heterogeneity among Family Firms, chapter 12, pages 297-331, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-77676-7_12
    DOI: 10.1007/978-3-319-77676-7_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-319-77676-7_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.