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Original Article

Governance Systems in Family SMEs: The Substitution Effects between Family Councils and Corporate Governance Mechanisms

Pages 355-381 | Published online: 19 Nov 2019

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (3)

John F. LeCounte. (2022) Founder-CEOs: Succession planning for the success, growth, and legacy of family firms. Journal of Small Business Management 60:3, pages 616-633.
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Wafa Khlif, Lotfi Karoui, Coral Ingley & Wiem El Manaa. (2016) Family contingencies and board composition: evidence from Tunisia. Journal of African Business 17:1, pages 16-32.
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Karen Handley & Courtney Molloy. (2022) SME corporate governance: a literature review of informal mechanisms for governance. Meditari Accountancy Research 30:7, pages 310-333.
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Francesco Barbera, Tim Hasso & Thomas V. Schwarz. (2022) Family governance and firm performance: exploring the intermediate effects of family functioning and competitive advantage. Journal of Family Business Management.
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Andrea Cardoni, Evgeniia Kiseleva & Andrea Bellucci. (2022) The quality of SMEs stakeholder communication during strategic crises: The case of Italian unlisted SMEs . Business Strategy and the Environment.
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Anneleen Michiels, Diane Arijs & Lorraine Uhlaner. (2021) Formal HRM in family SMEs: the role of family-centered goals and family governance. Review of Managerial Science 16:8, pages 2553-2576.
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Paolo Roffia, Virginia Simón-Moya & Javier Sendra García. (2021) Board of director attributes: effects on financial performance in SMEs. International Entrepreneurship and Management Journal 18:3, pages 1141-1172.
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Giulia Flamini, Daniel Pittino & Francesca Visintin. (2022) Family leadership, family involvement and mutuality HRM practices in family SMEs. Journal of Family Business Strategy 13:2, pages 100468.
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Mufaro Dzingirai, Shingirai Sikomwe & Noah Tshuma. (2022) Corporate Governance Challenges for Small and Medium Enterprises in the Constrained Zimbabwean Economy. International Journal of Applied Management Sciences and Engineering 9:1, pages 1-14.
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Daniel Degravel & Christina Hui Min Tun. (2022) Burma Drinx Group (B) Strategizing for Corporate Governance in a Family Business. FIIB Business Review, pages 231971452210744.
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Isaac Akomea-Frimpong, Ikenna Elias Asogwa & Emmanuel Junior Tenakwah. (2022) Systematic review of sustainable corporate governance of SMEs: Conceptualisation and propositions. Corporate Ownership and Control 19:3, pages 74-91.
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Cláudia Matias & Mário Franco. (2020) The role of the family council and protocol in planning the succession process in family firms. Journal of Family Business Management 11:4, pages 440-461.
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Giulia Flamini, Luca Gnan & Massimiliano Matteo Pellegrini. (2020) Forty years of research on human resource management in family firms: analyzing the past; preparing for the future. Journal of Family Business Management 11:3, pages 264-285.
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Giulia Flamini, Paola Vola, Lucrezia Songini & Luca Gnan. (2021) The Determinants of Tax Aggressiveness in Family Firms: An Investigation of Italian Private Family Firms. Sustainability 13:14, pages 7654.
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Zoltán Kárpáti. (2021) Családi vállalatok professzionalizálódása: Szisztematikus szakirodalmi áttekintés. Vezetéstudomány / Budapest Management Review 52:3, pages 53-65.
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Concetta Lucia Cristofaro, Anna Maria Melina & Rocco Reina. 2020. Handbook of Research on the Strategic Management of Family Businesses. Handbook of Research on the Strategic Management of Family Businesses 22 42 .
Ine Umans, Nadine Lybaert, Tensie Steijvers & Wim Voordeckers. (2018) Succession planning in family firms: family governance practices, board of directors, and emotions. Small Business Economics 54:1, pages 189-207.
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Lara Penco, Teresina Torre & Roberta Scarsi. (2019) Does strategic orientation influence strategy formulation and organisational design in Italian food medium sized enterprises? The role of the family. British Food Journal 122:5, pages 1397-1419.
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Luisa Pellegrini & Valentina Lazzarotti. (2019) How governance mechanisms in family firms impact open innovation choices: A fuzzy logic approach. Creativity and Innovation Management 28:4, pages 486-500.
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María Sacristán-Navarro & Laura Cabeza-García. (2019) When family firm corporate governance fails: the case of El Corte Inglés. Journal of Family Business Management 10:2, pages 97-115.
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Daniel Ruiz-Palomo, Julio Diéguez-Soto, Antonio Duréndez & José António C. Santos. (2019) Family Management and Firm Performance in Family SMEs: The Mediating Roles of Management Control Systems and Technological Innovation. Sustainability 11:14, pages 3805.
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Antonio Duréndez, Antonia Madrid‐Guijarro & Ginés Hernández‐Cánovas. (2018) Do Family Firms’ Specific Governance Mechanisms Moderate the Cost of Debt?. Australian Accounting Review 29:1, pages 49-63.
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Chelsea Sherlock & David Marshall. 2019. The Palgrave Handbook of Heterogeneity among Family Firms. The Palgrave Handbook of Heterogeneity among Family Firms 141 179 .
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Andreas Kallmuenzer, Andreas Strobl & Mike Peters. (2017) Tweaking the entrepreneurial orientation–performance relationship in family firms: the effect of control mechanisms and family-related goals. Review of Managerial Science 12:4, pages 855-883.
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Unai Arzubiaga, Josip Kotlar, Alfredo De Massis, Amaia Maseda & Txomin Iturralde. (2018) Entrepreneurial orientation and innovation in family SMEs: Unveiling the (actual) impact of the Board of Directors. Journal of Business Venturing 33:4, pages 455-469.
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Steen Thomsen, Thomas Poulsen, Christa Børsting & Johan Kuhn. (2018) Industrial foundations as long-term owners. Corporate Governance: An International Review 26:3, pages 180-196.
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Georges Samara & Jasmina Berbegal-Mirabent. (2017) Independent directors and family firm performance: does one size fit all?. International Entrepreneurship and Management Journal 14:1, pages 149-172.
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Mara Del Baldo. (2017) The implementation of integrating reporting <IR> in SMEs. Meditari Accountancy Research 25:4, pages 505-532.
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Coral Ingley, Wafa Khlif & Lotfi Karoui. (2016) SME growth trajectories, transitions and board role portfolios: A critical review and integrative model. International Small Business Journal: Researching Entrepreneurship 35:6, pages 729-750.
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Francesca Visintin, Daniel Pittino & Alessandro Minichilli. (2017) Financial performance and non-family CEO turnover in private family firms under different conditions of ownership and governance. Corporate Governance: An International Review 25:5, pages 312-337.
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Lotfi Karoui, Wafa Khlif & Coral Ingley. (2017) SME heterogeneity and board configurations: an empirical typology. Journal of Small Business and Enterprise Development 24:3, pages 545-561.
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María García García, M. Victoria Carrillo-Durán & Juan Luis Tato Jimenez. (2017) Online corporate communications: website usability and content. Journal of Communication Management 21:2, pages 140-154.
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P.L. Nuthall & K.M. Old. (2017) Will future land based food and fibre production be in family or corporate hands? An analysis of farm land ownership and governance considering farmer characteristics as choice drivers. The New Zealand case. Land Use Policy 63, pages 98-110.
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Manlio Del GiudiceManlio Del Giudice. 2017. Understanding Family-Owned Business Groups. Understanding Family-Owned Business Groups 19 60 .
Kristen Madison, Daniel T. Holt, Franz W. Kellermanns & Annette L. Ranft. (2015) Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories. Family Business Review 29:1, pages 65-93.
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Moses Acquaah & Joseph P. EshunJr.Jr.. 2016. Family Businesses in Sub-Saharan Africa. Family Businesses in Sub-Saharan Africa 43 93 .
Anneleen Michiels, Wim Voordeckers, Nadine Lybaert & Tensie Steijvers. (2014) Dividends and family governance practices in private family firms. Small Business Economics 44:2, pages 299-314.
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Anil Chandrakumara & Walter Gunetilleke. (2015) Role of non-executive directors in implementing non-regulatory codes on corporate governance in SMEs listed in the alternative investment market in the UK: A content analysis. Corporate Ownership and Control 13:1, pages 220-236.
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Christa BBrsting, Johan Kuhn, Thomas Poulsen & Steen Thomsen. (2016) Long-Term Ownership by Industrial Foundations. SSRN Electronic Journal.
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