Theoretical foundation

  • Oliver Klöckner

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.


Corporate Governance Family Business Agency Theory Private Equity Supervisory Board 


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© Gabler | GWV Fachverlage GmbH 2009

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  • Oliver Klöckner

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