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A Literature Review of Family Firm Boards: An Input-Mediator-Output-Input Perspective

In: The Palgrave Handbook of Heterogeneity among Family Firms

Author

Listed:
  • Chelsea Sherlock

    (The University of Mississippi)

  • David Marshall

    (University of Dayton)

Abstract

Employing a synthesis model, this chapter examines the relationship between board structure and board processes within family firms. By reviewing the family firm governance literature from the past 20 years, we apply the Ilgen et al. (Annu Rev Psychol 56:517–543, 2005) input-mediator-output-input framework to identify heterogeneous family processes which ultimately impact the forming, functioning, and finishing stages of boards of directors in family firms. In doing so, we help to answer questions of why family firm boards are effective rather than what predicts board effectiveness, as well as provide guidance for future research.

Suggested Citation

  • Chelsea Sherlock & David Marshall, 2019. "A Literature Review of Family Firm Boards: An Input-Mediator-Output-Input Perspective," Springer Books, in: Esra Memili & Clay Dibrell (ed.), The Palgrave Handbook of Heterogeneity among Family Firms, chapter 7, pages 141-179, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-77676-7_7
    DOI: 10.1007/978-3-319-77676-7_7
    as

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