Review of differences between listed and unlisted family business research trends: a corporate governance context
Journal of Family Business Management
ISSN: 2043-6238
Article publication date: 29 April 2021
Issue publication date: 1 December 2022
Abstract
Purpose
This review assesses state of knowledge by critically comparing empirical literature on relationships between corporate governance and performance with regards to listed and unlisted family business.
Design/methodology/approach
The study applies a systematic review approach to assess 159 corporate governance and performance studies on family business published in peer-reviewed journals between 2000 and 2016.
Findings
Results from the review demonstrate heterogeneity in definition of family business, limited study of indicators of ownership and board dimensions of corporate governance in unlisted family businesses and over concentration on financial measures by listed family business studies. Possible solution was offered for potential research gaps.
Originality/value
This is the first review that comprehensively compares studies in listed and unlisted family business from the perspectives of corporate governance. Findings from this review may contribute to promoting research in corporate governance in the context of listed and unlisted family businesses.
Keywords
Citation
Azila-Gbettor, E.M., Honyenuga, B.Q., Blomme, R.J. and Kil, A. (2022), "Review of differences between listed and unlisted family business research trends: a corporate governance context", Journal of Family Business Management, Vol. 12 No. 4, pp. 853-875. https://doi.org/10.1108/JFBM-03-2020-0023
Publisher
:Emerald Publishing Limited
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