Startseite The Impact of Family Involvement on the Board Faultlines’ Influences on Family Firm Investment Efficiency
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The Impact of Family Involvement on the Board Faultlines’ Influences on Family Firm Investment Efficiency

  • Yuefan Sun , Xinruo Wang , Jidong Zhang ORCID logo EMAIL logo und Qi Zhang
Veröffentlicht/Copyright: 21. Januar 2025

Abstract

This paper investigates the relationship between board faultlines and investment efficiency in family firms and how this relationship varies due to family involvement. Our findings indicate that board faultlines have a negative effect on investment efficiency in family businesses. However, we observed that increased family involvement, specifically having more family member directors, higher family ownership, and transgenerational participation, mitigates the negative influence of board faultlines on investment efficiency.


Corresponding author: Jidong Zhang, Department of Accounting and Law, Minnesota State University Mankato College of Business, Morris Hall #145, 56001-6062, Mankato, MN, USA, E-mail:

  1. Competing interests: The authors declare no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

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Received: 2024-04-29
Accepted: 2024-12-09
Published Online: 2025-01-21

© 2024 Walter de Gruyter GmbH, Berlin/Boston

Heruntergeladen am 9.9.2025 von https://www.degruyterbrill.com/document/doi/10.1515/erj-2024-0182/html
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