Founder's political connections, second generation involvement, and family firm performance: Evidence from China
Abstract
We examine whether a specialized asset of family firms, founders' political connections, influences the second generation involvement in family firms in China. We further investigate the impact of such second generation involvement on firm performance. The findings suggest that founders' political connections are a critical factor in the decision of second generation involvement, with politically connected founders more likely to appoint a...
Paper Details
Title
Founder's political connections, second generation involvement, and family firm performance: Evidence from China
Published Date
Aug 1, 2015
Journal
Volume
33
Pages
243 - 259
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