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La performance des PME familiales belges. Une étude empirique

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  • Christiane Bughin
  • Olivier Colot

Abstract

A large conceptual economic literature presents assumptions that family owned and controlled firms perform better than others, essentially on the basis of agency theory, ownership structure, cultural specificities and particular management practices. Large empirical evidence has been supplied by various studies, even if there are still contradictory debates. This paper uses the paired samples methodology to compare operational, economic and financial profitabilities of small Belgian family firms. The results do not show that small Belgian family firms perform significantly better.

Suggested Citation

  • Christiane Bughin & Olivier Colot, 2008. "La performance des PME familiales belges. Une étude empirique," Revue française de gestion, Lavoisier, vol. 0(6), pages 1-17.
    • Handle: RePEc:cai:rfglav:rfg_186_0001
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    Cited by:

    1. Laetitia Pozniak, 2013. "Internet Financial Communication: Evidence from Unregulated Markets of Brussels and Paris," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 7(5), pages 107-122.
    2. Caroline Debray, 2012. "Managing a hypogroupe: evolution of the modes of management and controls [Diriger un hypogroupe : évolution du management, et des modes de contrôle]," Post-Print hal-02438115, HAL.
    3. Laetitia Pozniak, 2015. "Unregulated Markets And Internet Financial Communication: Qualitative And Quantitative Approaches," Review of Business and Finance Studies, The Institute for Business and Finance Research, vol. 6(1), pages 109-120.
    4. Lepage, Fanny & Couderc, Jean-Pierre & Perrier, Jean-Philippe, 2014. "Déterminants des décisions d’investissement dans les exploitations laitières. Une approche par la théorie de la gouvernance élargie," Économie rurale, French Society of Rural Economics (SFER Société Française d'Economie Rurale), vol. 341(May-June).
    5. Alfonso A. Rojo Ramírez & Maria J. Martínez Romero, 2018. "Required and obtained equity returns in privately held businesses: the impact of family nature—evidence before and after the global economic crisis," Review of Managerial Science, Springer, vol. 12(3), pages 771-801, July.

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