Publication:
Agency costs, family ties, and firm efficiency

Loading...
Thumbnail Image
Publication date
2011
Reading date
Event date
Start date of the public exhibition period
End date of the public exhibition period
Advisors
Authors of photography
Person who provides the photography
Journal Title
Journal ISSN
Volume Title
Publisher
Sage
Export
Research Projects
Organizational Units
Journal Issue
Abstract
In this work, we analyze agency costs and their effect on efficiency in the context of small family firms. In particular, we examine the effect that factors such as self-management, having related managers or family employees exert on firm efficiency. We offer some reasoning that may help to clarify agency problems for small firms. We use stochastic frontiers to measure and explain efficiency. Our focus is on small firms in the fishing sector, which are very important entities for the development of certain local communities
Doctoral program
Related publication
Research projects
Project ECO2009-13378
Description
Bibliographic reference
Journal of Management (2011) vol. 37 (3):887-904
Photography rights