Exploring the effect of family control on the characteristics of SMEs in Northern Italy

Cassia, Lucio and De Massis, Alfredo and Kotlar, Josip (2012) Exploring the effect of family control on the characteristics of SMEs in Northern Italy. International Journal of Engineering Business Management, 4 (2). pp. 1-8. ISSN 1847-9790

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Abstract

We studied the effect of family control on the characteristics of small‐  and medium‐sized enterprises located in the Northern Italian province of Bergamo. The analysis included aspects such as demographic characteristics, cost and productivity of labour, financial ratios, and the performance of 745 SMEs. Family‐ controlled firms emerged as a predominant organizational type in almost all the industries and a number of relevant differences were found between family‐controlled and non‐family firms. In sum, family‐ controlled firms in our sample outperformed their non‐family counterparts in terms of return on sales, return on equity and return on assets.

Item Type:
Journal Article
Journal or Publication Title:
International Journal of Engineering Business Management
Additional Information:
© 2012 Cassia et al.; licensee InTech. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1800/1803
Subjects:
ID Code:
64663
Deposited By:
Deposited On:
21 May 2013 10:22
Refereed?:
Yes
Published?:
Published
Last Modified:
29 Feb 2020 02:37