• Thomas Pijanowski
Part of the Familienunternehmen und KMU book series (KMU)


Family firms play an important role within society and represent a predominant organizational form of businesses within the world’s economic landscape. Depending on the country in focus and the particular definition of the term family firm that underlie individual studies, literature estimates that family firms represent about 50-96% of all businesses (International Family Enterprise Research Academy, 2003). Additionally, numerous scholars regularly point out to the significant role of family firms within our economic system and the need to scientifically investigate this form of organization (Anderson & Reeb, 2003; Morck & Yeung, 2004; Chrisman et al., 2005; Chrisman et al., 2007). As a consequence, research on family firms has grown rapidly during the last two decades (Gomez-Mejia et al., 2011).


Family Firm Hierarchical Linear Model Family Involvement Debt Financing Agency Conflict 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Fachmedien Wiesbaden 2014

Authors and Affiliations

  1. 1.Wittener Institut für FamilienunternehmenUniversität Witten/HerdeckeWitten/HerdeckeGermany

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