Family succession and firm performance: Evidence from Italian family firms
Cucculelli, M., & Micucci, G. (2008)
Journal of Corporate Finance, 14(1), 17-31
Italian founder-run firms: keeping management in the family after the founder hurts performance, mostly among previously good performers and in competitive sectors, after controlling for mean reversion. (Abstract source: EconPapers/RePEc.)
Sourcedoi:10.1016/j.jcorpfin.2007.11.001491 citations (OpenAlex)