This chapter prepares the theoretical ground for this thesis. Section 2.1 defines family businesses as well as important terms relating to buy-outs and provides a review of the literature on buy-outs in family businesses. Section 2.2 introduces the two theories underlying this thesis: agency theory and stewardship theory.
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© 2009 Gabler | GWV Fachverlage GmbH
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Klöckner, O. (2009). Theoretical foundation. In: Buy-outs in Family Businesses. Gabler. https://doi.org/10.1007/978-3-8349-9477-6_2
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DOI: https://doi.org/10.1007/978-3-8349-9477-6_2
Publisher Name: Gabler
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Online ISBN: 978-3-8349-9477-6
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