Corporate America's Search for the "Right" Direction: Outlook and Opportunities for Family Firms

A. Frank Adams, Sheb L. true, Robert D. Winsor

Research output: Contribution to journalArticlepeer-review

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 languageAmerican English
Pages (from-to)269-276
JournalFamily Business Review
Volume15
Issue number4
StatePublished - Dec 2002

Keywords

  • business ethics
  • family firms
  • operations and management

Disciplines

  • Business Law, Public Responsibility, and Ethics
  • Entrepreneurial and Small Business Operations

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