Entrepreneurship Theory and Practice 2006

How Family Firms Solve Intra–Family Agency Problems Using Interlocking Directorates: An Extension

Jess H. Chua¹; Lloyd Steier²; James J. Chrisman^3,4

¹ University of Calgary · ² University of Alberta · ³ University of Mississippi · ⁴ Mississippi State University

Abstract

This commentary makes two contributions to a better understanding of interlocking directorates in family firms. First, we compare agency costs in family and nonfamily firms. Second, we present additional propositions on how interlocking directorates address agency issues in family firms.

DOI

10.1111/j.1540-6520.2006.00150.x

Sources

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APA 7 MLA 9 Chicago (author–date) Harvard Elsevier Harvard (JFE, JBF…) The Accounting Review Academy of Management American Marketing Association INFORMS (Management Science) Copy citation Copied ✓