Lone-founder firms in China: Replicating Miller et al. (2007) in a different context

Erik T. Markin,Vitaliy Skorodziyevskiy,Lina Zhu,James J. Chrisman,Hanqing “Chevy” Fang

Journal of Family Business Strategy（2022）

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摘要

•We replicate the U.S. study of Miller et al. (2007) in China.•Lone-founder firms (LFFs) outperform other firms in China and in the U.S.•LFFs outperform family and nonfamily firms regardless of socio-economic context.•LFFs outperform family and nonfamily firms regardless of economic conditions.•State-owned enterprises underperform LFF, family firms, and nonfamily firms.

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关键词

Lone-founder firms,Family firms,State-owned enterprises,Family business,Firm performance,Replication

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