European Business Schools Librarian's Group

HEC Research Papers Series,
HEC Paris

No 839: The missing lens in family firm governance theory: a self-other typology of parental altruism

Rodolphe Durand () and Michael H. Lubatkin ()

Abstract: In this paper, the authors derive a typology of five parental altruistic archetypes that exhausts the possible altruistic influences in the governance at family firms. They argue that when taken in concert, these five types comprise a more balanced explanation of the cross-sectional variance in the governance efficiency of these firms and therefore can better explain why some family firms are more able than others to capitalize on the family governance's positive attributes.

Keywords: family firms; parental altruism; governance

JEL-codes: D21; L21

28 pages, February 18, 2006

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