A Mixed Gamble Approach of the Impact of Family Management on Firm's Growth: A Longitudinal Analysis

We draw upon the socioemotional wealth perspective and the mixed gamble approach to employ a five‐year panel dataset of 223 Belgian private family firms to investigate the relationship between family management and growth, with family management ownership, generational involvement, and the CEO's family status moderating this link. We find an inverted U‐shaped relationship, with growth reaching its maximum at intermediate levels of family...