RT Journal Article
T1 Agency costs, family ties, and firm efficiency
A1 Herrero, Inés
K1 Efficiency
K1 Family firm
K1 Family involvement
K1 Agency Cost
K1 Family employees
K1 Family business
AB 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
PB Sage
SN 0149-2063
YR 2011
FD 2011
LK http://hdl.handle.net/10433/2016
UL http://hdl.handle.net/10433/2016
LA en
NO Journal of Management (2011) vol. 37 (3):887-904
NO Dep. Business Administration and Marketing
DS RIO
RD May 13, 2026