An agency theoretic analysis of value creation through management buy-outs of family firms
Chrisman, J. J., Chua, J. H., Steier, L. P., Wright, M., & McKee, D. N. (2012)
Journal of Family Business Strategy, 3(4), 197-206
Conceptual: value creation in MBOs of family firms depends on pre-MBO agency costs, solving the "double agency problem", and the cost of control mechanisms before and after. (Abstract source: EconPapers/RePEc.)
Sourcedoi:10.1016/j.jfbs.2012.10.00350 citations (OpenAlex)