The enigma of the family successor-firm performance relationship: A methodological reflection and reconciliation attempt
Ahrens, J.-P., Calabrò, A., Huybrechts, J., & Woywode, M. (2019)
Entrepreneurship Theory and Practice, 43(3), 437-474
Separates the "family member" attribute of a successor CEO from other CEO attributes such as human capital. After those controls, family membership is positively related to post-succession performance, which challenges the reading of B4 to B6.
Sourcedoi:10.1177/104225871881629085 citations (OpenAlex)