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Management and Governance of Family Business

In: Governance and Sustainability of Family Business

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  • Francesca Romana Arduino

    (European University of Rome)

Abstract

This chapter provides a comprehensive overview of family businesses, discusses their definitions, and illustrates their distinctive features. This chapter reviews key theoretical frameworks in the family business literature, including agency theory, resource-based view theory, SEW theory, and stewardship theory. It also examines how family dynamics shape the corporate governance practices within these businesses, highlighting the intricate relationship between family and business.

Suggested Citation

  • Francesca Romana Arduino, 2025. "Management and Governance of Family Business," International Series in Advanced Management Studies, in: Governance and Sustainability of Family Business, chapter 0, pages 37-63, Springer.
  • Handle: RePEc:spr:isichp:978-3-032-01944-8_4
    DOI: 10.1007/978-3-032-01944-8_4
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