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The Palgrave Handbook of Heterogeneity among Family Firms pp 747–769Cite as

Palgrave Macmillan

Family Firm Types Based on the Level of Professionalism of the Top Management Team

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Abstract

This chapter responds to the calls for identifying different categories of family firms. The authors contribute to the literature by extending family firm typologies. To reach this goal, they introduce the construct of the professionalism of the top management team (TMT). In order to expose the multidimensional nature of the TMT, they first review the literature on TMTs based on Hambrick’s and Mason’s (Acad Manag Rev 9, 2:193–206, 1984) demographic variables. Thus, they conduct a cluster analysis on an original dataset of 500 Italian family firms to identify the different “types” of family firms based on a multidimensional conceptualization of TMT professionalization.

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Author information

Authors and Affiliations

  1. Department of Economics and Business, University of Catania, Catania, Italy

    Giorgia M. D’Allura

  2. Department of Industrial and Mechanical Engineering, University of Brescia, Brescia, Italy

    Mariasole Bannò

Authors
  1. Giorgia M. D’Allura
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  2. Mariasole Bannò
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Corresponding author

Correspondence to Giorgia M. D’Allura .

Editor information

Editors and Affiliations

  1. Bryan School of Business and Economics, University of North Carolina-Greensboro, Greensboro, NC, USA

    Esra Memili

  2. School of Business Administration, The University of Mississippi, University, MS, USA

    Clay Dibrell

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D’Allura, G.M., Bannò, M. (2019). Family Firm Types Based on the Level of Professionalism of the Top Management Team. In: Memili, E., Dibrell, C. (eds) The Palgrave Handbook of Heterogeneity among Family Firms. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-77676-7_27

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