Governance of Family Owned Businesses and Firm Performance: Evidence from Sri Lanka

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63517955" target="_blank" >RIV/70883521:28120/17:63517955 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Governance of Family Owned Businesses and Firm Performance: Evidence from Sri Lanka
Original language description
Following the notions of agency and stewardship theories, this study examined the empirical validity of the relationship between governance of family owned businesses and firm performance, employing a sample of 82 family businesses in 5 main commercial districts in Sri Lanka. Governance variables related to family ownership, involvement in management and experience were examined in order to assess their influence on firm performance, measured in both financial and non-financial terms. Whilst sales growth was used to measure financial performance, 5-point Likert scale, ranging from much lower to much higher, has been used to assess respondents’ views on non-financial performance of their firms, controlling the cultural factors. The results were in favour of family ownership and family involvement in management both of which influence significantly on financial and non-financial performance of the family owned businesses. But, the study did not support to prove the relationship between experience of owner managers and firm performance
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical
International Journal of Management, Accounting and Economics
ISSN
2383-2126
e-ISSN
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Volume of the periodical
4
Issue of the periodical within the volume
10
Country of publishing house
IR - IRAN, ISLAMIC REPUBLIC OF
Number of pages
20
Pages from-to
1020-1039
UT code for WoS article
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EID of the result in the Scopus database
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