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    Rights statement: © 2012 Cassia et al.; licensee InTech. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Exploring the effect of family control on the characteristics of SMEs in Northern Italy

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<mark>Journal publication date</mark>2012
<mark>Journal</mark>International Journal of Engineering Business Management
Issue number2
Volume4
Number of pages8
Pages (from-to)1-8
Publication StatusPublished
<mark>Original language</mark>English

Abstract

We studied the effect of family control on the characteristics of small‐  and medium‐sized enterprises located in the Northern Italian province of Bergamo.

The analysis included aspects such as demographic characteristics, cost and productivity of labour, financial ratios, and the performance of 745 SMEs. Family‐
controlled firms emerged as a predominant organizational type in almost all the industries and a number of relevant differences were found between family‐controlled and non‐family firms. In sum, family‐ controlled firms in our sample outperformed their non‐family counterparts in terms of return on sales, return on
equity and return on assets.

Bibliographic note

© 2012 Cassia et al.; licensee InTech. This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.