Abstract
The recent accounting scandals and corporate misdeeds of several high-profile Fortune 500 companies have left the investing public reeling. This paper highlights the attributes and characteristics of family firms that confer operational and financial performance advantages on them vis-à-vis nonfamily, or publicly controlled, firms. As a result, family firms have a unique opportunity to model the way regarding corporate reform.
Original language | American English |
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Pages (from-to) | 269-276 |
Journal | Family Business Review |
Volume | 15 |
Issue number | 4 |
State | Published - Dec 2002 |
Keywords
- business ethics
- family firms
- operations and management
Disciplines
- Business Law, Public Responsibility, and Ethics
- Entrepreneurial and Small Business Operations