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1 septembre 2007
- handle: 10670/1.6f23eo
- hal: hal-02311795
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Family enterprises Family business Family businesses Business enterprises, Family-owned Family firms Voyages and travels--Views Geography--Views Natural scenery Scenery Self-mastery Self-discipline Administration Family Family structure Families--Social aspects Families--Social conditions Family life Structure, Family Family relationships Relationships, Family Biography--Ancestry Relations with family Biography--Descendants Biography--Family AncestryCiter ce document
Michael Lubatkin et al., « An organizational justice-based view of self-control and agency costs in family firms », HAL-SHS : droit et gestion, ID : 10670/1.6f23eo
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By integrating insights from two seemingly disparate literatures – economics and organizational justice – within the general agency framework, we advance propositions that suggest a fine-grained explanation of agency costs at family firms. In so doing, we account for the differential effects of the controlling owners’ self-control (i.e. the governance mechanisms they adopt and how they administer those mechanisms) on the justice perceptions of the family and non-family employees. Our integrative view allows us to strike a realistic balance between the overly optimistic views about family firm governance that have been expressed by agency scholars and the overly pessimistic views expressed by management scholars in the past few years.