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Blood in the board room: Family relationships influencing the functions of the board
Linnaeus University, Faculty of Business, Economics and Design, Linnaeus School of Business and Economics. (The Corporate Governance Research Group at Linnæus University)ORCID iD: 0000-0001-5098-1618
Linnaeus University, Faculty of Business, Economics and Design, Linnaeus School of Business and Economics.
2012 (English)In: The Journal of Family Business Strategy, ISSN 1877-8585, Vol. 4, no 4, 207-219 p.Article in journal (Refereed) Published
Abstract [en]

The board of directors at the family firm is often dominated by family members. While research has acknowledged the presence of the family, it has neglected the actual family composition of the board and the effects it has on the board's activities. We study the family composition of the board through using insights from evolutionary psychology, stressing genetic kinship. We present a model where the contingency of genetic relationships of the family directors influences the functional emphasis of the family firm's board. Testing the hypotheses on a convenience sample of 68 small and medium-sized Swedish family firms, we find indications of genetic kinship influencing the functions of the board. We suggest the development of the family conception along these lines, where the importance of kinship ties and characteristics of nepotism are explored. The practical implication is a recommendation for families to have a conscious strategy to manage nepotism.

Place, publisher, year, edition, pages
2012. Vol. 4, no 4, 207-219 p.
National Category
Business Administration
Research subject
Economy, Business administration
Identifiers
URN: urn:nbn:se:lnu:diva-23813DOI: 10.1016/j.jfbs.2012.11.001OAI: oai:DiVA.org:lnu-23813DiVA: diva2:601194
Conference
Academy of Management,conference, San Antonio, USA, 14-16 Aug 2011
Available from: 2013-01-28 Created: 2013-01-28 Last updated: 2015-05-26Bibliographically approved

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Collin, Sven-Olof YrjöAhlberg, Jenny
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Linnaeus School of Business and Economics
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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf