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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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Exploring the effect of family control on the characteristics of SMEs in Northern Italy
AU - Cassia, Lucio
AU - De Massis, Alfredo
AU - Kotlar, Josip
N1 - © 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.
PY - 2012
Y1 - 2012
N2 - 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 onequity and return on assets.
AB - 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 onequity and return on assets.
KW - Family business
KW - family-controlled firms
KW - SME characteristics
U2 - 10.5772/53988
DO - 10.5772/53988
M3 - Journal article
VL - 4
SP - 1
EP - 8
JO - International Journal of Engineering Business Management
JF - International Journal of Engineering Business Management
SN - 1847-9790
IS - 2
ER -