<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-718X</journal-id>
<journal-title><![CDATA[El trimestre económico]]></journal-title>
<abbrev-journal-title><![CDATA[El trimestre econ]]></abbrev-journal-title>
<issn>2448-718X</issn>
<publisher>
<publisher-name><![CDATA[Fondo de Cultura Económica]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-718X2019000100179</article-id>
<article-id pub-id-type="doi">10.20430/ete.v86i341.657</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Desempeño y habilidades de los directores generales familiares en un contexto de debilidad de las instituciones formales]]></article-title>
<article-title xml:lang="en"><![CDATA[Performance and abilities of family-member CEOS in a context of formal institutional weakness]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Watkins-Fassler]]></surname>
<given-names><![CDATA[Karen]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Briano-Turrent]]></surname>
<given-names><![CDATA[Guadalupe del Carmen]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Rodríguez-Ariza]]></surname>
<given-names><![CDATA[Lázaro]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Trejo]]></surname>
<given-names><![CDATA[Fausto José]]></given-names>
</name>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Popular Autónoma del Estado de Puebla Centro de Investigación e Inteligencia Económica ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Autónoma de San Luis Potosí Facultad de Contaduría y Administración ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,Universidad de Granada Facultad de Ciencias Económicas y Empresariales Departamento de Economía Financiera y Contabilidad]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Spain</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>03</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>03</month>
<year>2019</year>
</pub-date>
<volume>86</volume>
<numero>341</numero>
<fpage>179</fpage>
<lpage>219</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-718X2019000100179&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-718X2019000100179&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-718X2019000100179&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen  Antecedentes  Desde la perspectiva de la teoría institucional, este artículo estudia la relación entre las habilidades de los directores generales pertenecientes a la familia y el desempeño financiero de las empresas familiares listadas en un entorno caracterizado por la debilidad de las instituciones formales.  Metodología  La muestra se compone de empresas familiares no financieras listadas en la Bolsa Mexicana de Valores durante el periodo 2001-2014. El análisis econométrico utiliza modelos lineales para datos de panel estimados por mínimos cuadrados ordinarios (MCO). Para tomar en cuenta la endogeneidad, las regresiones se corren con el método generalizado de momentos (MGM).  Resultados  Según los datos reunidos, se obtienen mejores resultados financieros con los directores generales externos que con los directores generales pertenecientes a la familia, a pesar de que sus habilidades, en términos de experiencia y formación académica, son similares. La relación inversa entre directores generales familiares y desempeño financiero es moderada cuando poseen una preparación académica en el área de negocios, lo que les permite adquirir las habilidades y una perspectiva amplia necesarias para gestionar los altos costos de transacción y los riesgos empresariales presentes en ambientes caracterizados por la fragilidad institucional en el plano formal, como es el caso en México.  Conclusiones  En un contexto de debilidad institucional, invertir en educación superior en el área de negocios -de alta calidad y proporcionada en el propio país- es una buena estrategia a largo plazo para empresas familiares que quieran promover a un director general de la familia.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract  Background  From the perspective of institutional theory, this paper studies the relation between the abilities of family-member CEOs and the financial performance of listed family companies, in a setting of formal institutional weakness.  Methodology  The study sample is composed of non-financial family firms listed in the Mexican Stock Exchange during the 2001-2014 period. Econometric analysis is attained through linear models for panel data, estimated by ordinary least squares (OLS). To take into account endogeneity concerns, regressions are run through the generalized method of moments (GMM).  Results  The results obtained indicate that better corporate financial outcomes are achieved with external CEOs than with family-member CEOs, even when their abilities, in terms of experience and academic background, are similar. The inverse relation found between family-member CEOs and financial performance was moderated when the CEOs had a high business-related academic background, thus acquiring the skills and greater perspective needed to cope with the higher transaction costs and increased business risks present in environments of formal institutional weakness as is the case in Mexico.  Conclusions  In a context of formal institutional weakness, investment in business-related higher education -of high quality, and in one&#8217;s own country- is a good long-term strategy for family businesses that wish to promote a family-member CEO.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[teoría institucional]]></kwd>
<kwd lng="es"><![CDATA[empresa familiar]]></kwd>
<kwd lng="es"><![CDATA[competencia administrativa]]></kwd>
<kwd lng="es"><![CDATA[desempeño financiero]]></kwd>
<kwd lng="es"><![CDATA[México]]></kwd>
<kwd lng="en"><![CDATA[institutional theory]]></kwd>
<kwd lng="en"><![CDATA[family business]]></kwd>
<kwd lng="en"><![CDATA[managerial competence]]></kwd>
<kwd lng="en"><![CDATA[financial performance]]></kwd>
<kwd lng="en"><![CDATA[Mexico]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Anderson]]></surname>
<given-names><![CDATA[R. C.]]></given-names>
</name>
<name>
<surname><![CDATA[Reeb]]></surname>
<given-names><![CDATA[D. M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Board composition: Balancing family influence in S&amp;P 500 firms]]></article-title>
<source><![CDATA[Administrative Science Quarterly]]></source>
<year>2004</year>
<volume>49</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>209-37</page-range></nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Anderson]]></surname>
<given-names><![CDATA[R. C.]]></given-names>
</name>
<name>
<surname><![CDATA[Duru]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Reeb]]></surname>
<given-names><![CDATA[D. M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Investment policy in family controlled firms]]></article-title>
<source><![CDATA[Journal of Banking and Finance]]></source>
<year>2012</year>
<volume>36</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>1744-58</page-range></nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Andres]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family ownership, financing constraints and investment decisions]]></article-title>
<source><![CDATA[Applied Financial Economics]]></source>
<year>2011</year>
<volume>21</volume>
<numero>22</numero>
<issue>22</issue>
<page-range>1641-59</page-range></nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Arregle]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Hitt]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Sirmon]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Very]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The development of organizational social capital: Attributes of family firms]]></article-title>
<source><![CDATA[Journal of Management Studies]]></source>
<year>2007</year>
<volume>44</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>73-95</page-range></nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bantel]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Jackson]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Top management and innovations in banking: Does the composition of the top team make a difference?]]></article-title>
<source><![CDATA[Strategic Management Journal]]></source>
<year>1989</year>
<volume>10</volume>
<page-range>107-24</page-range></nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Barontini]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Caprio]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The effect of family control on firm value and performance: Evidence from continental Europe]]></article-title>
<source><![CDATA[European Financial Management]]></source>
<year>2006</year>
<volume>12</volume>
<page-range>689-723</page-range></nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Barro]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Lee]]></surname>
<given-names><![CDATA[J. W.]]></given-names>
</name>
</person-group>
<source><![CDATA[A new data set of educational attainment in the world, 1950-2010]]></source>
<year>2010</year>
<publisher-name><![CDATA[National Bureau of Economic Research]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Basco]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family business and regional development - A theoretical model of regional familiness]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2015</year>
<volume>6</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>259-71</page-range></nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bennedsen]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Nielsen]]></surname>
<given-names><![CDATA[K. M.]]></given-names>
</name>
<name>
<surname><![CDATA[Pérez-González]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Wolfenzon]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Inside the family firm: The role of families in succession decisions and performance]]></article-title>
<source><![CDATA[Quarterly Journal of Economics]]></source>
<year>2007</year>
<volume>122</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>647-91</page-range></nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Berger]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Kick]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Schaeck]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Executive board composition and bank risk taking]]></article-title>
<source><![CDATA[Journal of Corporate Finance]]></source>
<year>2014</year>
<volume>28</volume>
<page-range>48-65</page-range></nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bertrand]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Schoar]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Managing with style: The effect of managers on firm policies]]></article-title>
<source><![CDATA[Quarterly Journal of Economics]]></source>
<year>2003</year>
<volume>118</volume>
<page-range>1169-208</page-range></nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bertrand]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Johnson]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Samphantharak]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Schoar]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Mixing family with business: A study of Thai business groups and the families behind them]]></article-title>
<source><![CDATA[Journal of Financial Economics]]></source>
<year>2008</year>
<volume>88</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>466-98</page-range></nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bhagat]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Bolton]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Corporate governance and firm performance]]></article-title>
<source><![CDATA[Journal of Corporate Finance]]></source>
<year>2008</year>
<volume>14</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>257-73</page-range></nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Bhagat]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Bolton]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
<name>
<surname><![CDATA[Subramanian]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[CEO education, CEO turnover, and firm performance]]></article-title>
<source><![CDATA[SSRN Electronic Journal]]></source>
<year>2010</year>
</nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Boubakri]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
<name>
<surname><![CDATA[Cosset]]></surname>
<given-names><![CDATA[J. C.]]></given-names>
</name>
<name>
<surname><![CDATA[Guedhami]]></surname>
<given-names><![CDATA[O.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Postprivatization corporate governance: The role of ownership structure and investor protection]]></article-title>
<source><![CDATA[Journal of Financial Economics]]></source>
<year>2005</year>
<volume>76</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>369-99</page-range></nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Brammer]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Pavelin]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Building a good reputation]]></article-title>
<source><![CDATA[European Management Journal]]></source>
<year>2004</year>
<volume>22</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>704-13</page-range></nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Brigham]]></surname>
<given-names><![CDATA[K. H.]]></given-names>
</name>
<name>
<surname><![CDATA[Lumpkin]]></surname>
<given-names><![CDATA[G. T.]]></given-names>
</name>
<name>
<surname><![CDATA[Payne]]></surname>
<given-names><![CDATA[G. T.]]></given-names>
</name>
<name>
<surname><![CDATA[Zachary]]></surname>
<given-names><![CDATA[M. A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Researching long-term orientation: A validation study and recommendations for future research]]></article-title>
<source><![CDATA[Family Business Review]]></source>
<year>2014</year>
<volume>27</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>72-88</page-range></nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Butler]]></surname>
<given-names><![CDATA[A. W.]]></given-names>
</name>
<name>
<surname><![CDATA[Gurun]]></surname>
<given-names><![CDATA[U.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Educational networks, mutual fund voting patterns, and CEO compensation]]></article-title>
<source><![CDATA[Review of Financial Studies]]></source>
<year>2012</year>
<volume>25</volume>
<numero>8</numero>
<issue>8</issue>
<page-range>2533-62</page-range></nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Cabrera-Suárez]]></surname>
<given-names><![CDATA[M. K.]]></given-names>
</name>
<name>
<surname><![CDATA[Deniz-Deniz]]></surname>
<given-names><![CDATA[M. D. L. C.]]></given-names>
</name>
<name>
<surname><![CDATA[Martín-Santana]]></surname>
<given-names><![CDATA[J. D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The setting of non-financial goals in the family Firm: The influence of family climate and identification]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2014</year>
<volume>5</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>289-99</page-range></nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Castañeda]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Governance of large corporations in Mexico and productivity implications]]></article-title>
<source><![CDATA[Abante, Studies in Business Management]]></source>
<year>2000</year>
<volume>3</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>57-89</page-range></nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chang]]></surname>
<given-names><![CDATA[S. J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ownership structure, expropriation, and performance of group-affiliated companies in Korea]]></article-title>
<source><![CDATA[Academy of Management Journal]]></source>
<year>2003</year>
<volume>46</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>238-54</page-range></nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Che]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Zhang]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The impact of family CEO&#8217;s ownership and the moderating effect of the second largest owner in private family firms]]></article-title>
<source><![CDATA[Journal of Management &amp; Governance]]></source>
<year>2017</year>
<volume>21</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>757-84</page-range></nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chong]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[López-de Silanes]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<source><![CDATA[Corporate governance in Latin America]]></source>
<year>2007</year>
<publisher-loc><![CDATA[Washington, D. C. ]]></publisher-loc>
<publisher-name><![CDATA[Banco Interamericano de Desarrollo]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B24">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Christiansen]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Joensen]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Rangvid]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Are economists more likely to hold stocks?]]></article-title>
<source><![CDATA[Review of Finance]]></source>
<year>2008</year>
<volume>12</volume>
<page-range>465-96</page-range></nlm-citation>
</ref>
<ref id="B25">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chung]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Chan]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ownership structure, family leadership, and performance of affiliate firms in large family business groups]]></article-title>
<source><![CDATA[Asia Pacific Journal of Management]]></source>
<year>2012</year>
<volume>29</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>303-29</page-range></nlm-citation>
</ref>
<ref id="B26">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Claessens]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Djankov]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Lang]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The separation of ownership and control in East Asian corporations]]></article-title>
<source><![CDATA[Journal of Financial Economics]]></source>
<year>2000</year>
<volume>58</volume>
<numero>1-2</numero>
<issue>1-2</issue>
<page-range>81-112</page-range></nlm-citation>
</ref>
<ref id="B27">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Cuervo-Cazurra]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Dau]]></surname>
<given-names><![CDATA[L. A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Promarket reforms and firm profitability in developing countries]]></article-title>
<source><![CDATA[Academy of Management Journal]]></source>
<year>2009</year>
<volume>52</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>1348-68</page-range></nlm-citation>
</ref>
<ref id="B28">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Dalziel]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Gentry]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Bowerman]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[An integrated agency-resource dependence view of the influence of directors&#8217; human and relational capital on firms&#8217; R&amp;D spending]]></article-title>
<source><![CDATA[Journal of Management Studies]]></source>
<year>2011</year>
<volume>48</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>1217-42</page-range></nlm-citation>
</ref>
<ref id="B29">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Davidson]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
<name>
<surname><![CDATA[Xie]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
<name>
<surname><![CDATA[Xu]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
<name>
<surname><![CDATA[Ning]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The influence of executive age, career horizon and incentives on pre-turnover earnings management]]></article-title>
<source><![CDATA[Journal of Management and Governance]]></source>
<year>2007</year>
<volume>11</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>45-60</page-range></nlm-citation>
</ref>
<ref id="B30">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Dehaene]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[De Vuyst]]></surname>
<given-names><![CDATA[V.]]></given-names>
</name>
<name>
<surname><![CDATA[Ooghe]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Corporate performance and board structure in Belgian companies]]></article-title>
<source><![CDATA[Long Range Planning]]></source>
<year>2001</year>
<volume>34</volume>
<page-range>383-98</page-range></nlm-citation>
</ref>
<ref id="B31">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Demsetz]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Villalonga]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ownership structure and corporate performance]]></article-title>
<source><![CDATA[Journal of Corporate Finance]]></source>
<year>2001</year>
<volume>7</volume>
<page-range>209-33</page-range></nlm-citation>
</ref>
<ref id="B32">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Durán]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Kammerlander]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
<name>
<surname><![CDATA[Van Essen]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Zellweger]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Doing more with less: Innovation input and output in family firms]]></article-title>
<source><![CDATA[Academy of Management Journal]]></source>
<year>2016</year>
<volume>59</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>1224-64</page-range></nlm-citation>
</ref>
<ref id="B33">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Earle]]></surname>
<given-names><![CDATA[J. S.]]></given-names>
</name>
<name>
<surname><![CDATA[Kucsera]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Telegdy]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Ownership concentration and corporate performance on the Budapest stock exchange: Do too many cooks spoil the goulash?]]></article-title>
<source><![CDATA[Corporate Governance: An International Review]]></source>
<year>2005</year>
<volume>13</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>254-64</page-range></nlm-citation>
</ref>
<ref id="B34">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Espinoza]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Espinoza]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family business performance: Evidence from Mexico]]></article-title>
<source><![CDATA[Cuadernos de Administración]]></source>
<year>2012</year>
<volume>25</volume>
<numero>44</numero>
<issue>44</issue>
<page-range>39-61</page-range></nlm-citation>
</ref>
<ref id="B35">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Estrin]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Prevezer]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The role of informal institutions in corporate governance: Brazil, Russia, India, and China compared]]></article-title>
<source><![CDATA[Asia Pacific Journal of Management]]></source>
<year>2011</year>
<volume>28</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>41-67</page-range></nlm-citation>
</ref>
<ref id="B36">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Faccio]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Lang]]></surname>
<given-names><![CDATA[L. H. P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The ultimate ownership of Western European corporations]]></article-title>
<source><![CDATA[Journal of Financial Economics]]></source>
<year>2002</year>
<volume>65</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>365-95</page-range></nlm-citation>
</ref>
<ref id="B37">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Faccio]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Lang]]></surname>
<given-names><![CDATA[L. H. P.]]></given-names>
</name>
<name>
<surname><![CDATA[Young]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Dividends and expropriation]]></article-title>
<source><![CDATA[American Economic Review]]></source>
<year>2001</year>
<volume>91</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>54-78</page-range></nlm-citation>
</ref>
<ref id="B38">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Fernando]]></surname>
<given-names><![CDATA[G. D.]]></given-names>
</name>
<name>
<surname><![CDATA[Schneible]]></surname>
<given-names><![CDATA[R. A.]]></given-names>
</name>
<name>
<surname><![CDATA[Suh]]></surname>
<given-names><![CDATA[S. H.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family firms and institutional investors]]></article-title>
<source><![CDATA[Family Business Review]]></source>
<year>2014</year>
<volume>27</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>328-45</page-range></nlm-citation>
</ref>
<ref id="B39">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gallego-Álvarez]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[García]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Rodríguez]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[La eficacia del gobierno corporativo y la divulgación de información en internet]]></article-title>
<source><![CDATA[Investigaciones Europeas de Dirección y Economía de la Empresa]]></source>
<year>2009</year>
<volume>15</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>109-35</page-range></nlm-citation>
</ref>
<ref id="B40">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[García-Ramos]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[García-Olalla]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Board characteristics and firm performance in public founder- and nonfounder-led family businesses]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2011</year>
<volume>2</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>220-31</page-range></nlm-citation>
</ref>
<ref id="B41">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gedajlovic]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
<name>
<surname><![CDATA[Shapiro]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Management and ownership effects: Evidence from five countries]]></article-title>
<source><![CDATA[Strategic Management Journal]]></source>
<year>1998</year>
<volume>19</volume>
<page-range>533-53</page-range></nlm-citation>
</ref>
<ref id="B42">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Globerman]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Shapiro]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Governance infrastructure and US foreign direct investment]]></article-title>
<source><![CDATA[Journal of International Business Studies]]></source>
<year>2003</year>
<volume>34</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>19-39</page-range></nlm-citation>
</ref>
<ref id="B43">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Goel]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[He]]></surname>
<given-names><![CDATA[X.]]></given-names>
</name>
<name>
<surname><![CDATA[Karri]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family involvement in a hierarchical culture: Effect of dispersion of family ownership control and family member tenure on firm performance in Chinese family owned firms]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2011</year>
<volume>2</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>199-206</page-range></nlm-citation>
</ref>
<ref id="B44">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Goll]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Johnson,]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
<name>
<surname><![CDATA[Rasheed]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Knowledge ability, strategic change, and firm performance: The moderating role of the environment]]></article-title>
<source><![CDATA[Management Decision]]></source>
<year>2007</year>
<volume>45</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>161-79</page-range></nlm-citation>
</ref>
<ref id="B45">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gómez-Mejía]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Nuñez-Nickel]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Gutiérrez]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The role of family ties in agency contracts]]></article-title>
<source><![CDATA[Academy of Management Journal]]></source>
<year>2001</year>
<volume>44</volume>
<page-range>81-95</page-range></nlm-citation>
</ref>
<ref id="B46">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gottesman]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Morey]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[Does a better education make for better managers? An empirical examination of CEO educational quality and firm performance]]></source>
<year>2006</year>
</nlm-citation>
</ref>
<ref id="B47">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hambrick]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Upper echelons theory: An update]]></article-title>
<source><![CDATA[Academy of Management Review]]></source>
<year>2007</year>
<volume>32</volume>
<page-range>334-43</page-range></nlm-citation>
</ref>
<ref id="B48">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hambrick]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Mason]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Upper echelons: The organization as a reflection of its top managers]]></article-title>
<source><![CDATA[Academy of Management Review]]></source>
<year>1984</year>
<volume>9</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>193-206</page-range></nlm-citation>
</ref>
<ref id="B49">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Harford]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Li]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Decoupling CEO wealth and firm performance: The case of acquiring CEOs]]></article-title>
<source><![CDATA[Journal of Finance]]></source>
<year>2007</year>
<volume>62</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>917-49</page-range></nlm-citation>
</ref>
<ref id="B50">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Henssen]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
<name>
<surname><![CDATA[Voordeckers]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
<name>
<surname><![CDATA[Lambrechts]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Koiranen]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The CEO autonomy-stewardship behavior relationship in family firms: The mediating role of psychological ownership]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2014</year>
<volume>5</volume>
<page-range>312-22</page-range></nlm-citation>
</ref>
<ref id="B51">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Hermalin]]></surname>
<given-names><![CDATA[B. E.]]></given-names>
</name>
<name>
<surname><![CDATA[Weisbach]]></surname>
<given-names><![CDATA[M. S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Endogenously chosen boards of directors and their monitoring of the CEO]]></article-title>
<source><![CDATA[American Economic Review]]></source>
<year>1998</year>
<volume>88</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>96-118</page-range></nlm-citation>
</ref>
<ref id="B52">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Herrmann]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Datta]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Relationships between top management team characteristics and international diversification: An empirical investigation]]></article-title>
<source><![CDATA[British Journal of Management]]></source>
<year>2005</year>
<volume>16</volume>
<page-range>69-78</page-range></nlm-citation>
</ref>
<ref id="B53">
<nlm-citation citation-type="book">
<collab>IEF</collab>
<collab>Red de Cátedras de Empresa Familiar</collab>
<source><![CDATA[La empresa familiar en España en 2015]]></source>
<year>2016</year>
<publisher-loc><![CDATA[Madrid ]]></publisher-loc>
<publisher-name><![CDATA[Instituto de la Empresa Familiar]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B54">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Jalbert]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Rao]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Jalbert]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Does school matter? An empirical analysis of CEO education, compensation, and firm performance]]></article-title>
<source><![CDATA[International Business &amp; Economics Research Journal]]></source>
<year>2002</year>
<volume>1</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>83-98</page-range></nlm-citation>
</ref>
<ref id="B55">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Jaskiewicz]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Luchak]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Explaining performance differences between family firms with family and nonfamily CEOs: It&#8217;s the nature of the tie to the family that counts!]]></article-title>
<source><![CDATA[Entrepreneurship Theory and Practice]]></source>
<year>2013</year>
</nlm-citation>
</ref>
<ref id="B56">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Jiraporn]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Kim]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
<name>
<surname><![CDATA[Davidson]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Multiple directorships and corporate diversification]]></article-title>
<source><![CDATA[Journal of Empirical Finance]]></source>
<year>2008</year>
<volume>15</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>418-35</page-range></nlm-citation>
</ref>
<ref id="B57">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Karami]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Analoui]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Kakabadse]]></surname>
<given-names><![CDATA[N.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The CEOs&#8217; characteristics and their strategy development in the UK SME sector]]></article-title>
<source><![CDATA[Journal of Management Development]]></source>
<year>2006</year>
<volume>25</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>316-24</page-range></nlm-citation>
</ref>
<ref id="B58">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Kim]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Board network characteristics and firm performance in Korea]]></article-title>
<source><![CDATA[Corporate Governance: An International Review]]></source>
<year>2005</year>
<volume>13</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>800-8</page-range></nlm-citation>
</ref>
<ref id="B59">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Kim]]></surname>
<given-names><![CDATA[K. H.]]></given-names>
</name>
<name>
<surname><![CDATA[Al-Shammari]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Kim]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
<name>
<surname><![CDATA[Lee]]></surname>
<given-names><![CDATA[S. H.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[CEO duality leadership and corporate diversification behavior]]></article-title>
<source><![CDATA[Journal of Business Research]]></source>
<year>2009</year>
<volume>62</volume>
<numero>11</numero>
<issue>11</issue>
<page-range>1173-80</page-range></nlm-citation>
</ref>
<ref id="B60">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Koufopoulos]]></surname>
<given-names><![CDATA[D. N.]]></given-names>
</name>
<name>
<surname><![CDATA[Zoumbos]]></surname>
<given-names><![CDATA[V.]]></given-names>
</name>
<name>
<surname><![CDATA[Argyropoulou]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Motwani]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Top management team and corporate performance: A study of Greek firms]]></article-title>
<source><![CDATA[Team Performance Management]]></source>
<year>2008</year>
<volume>14</volume>
<numero>7</numero>
<issue>7</issue>
<page-range>340-63</page-range></nlm-citation>
</ref>
<ref id="B61">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[La Porta]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[López-de Silanes]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Shleifer]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[What works in securities laws?]]></article-title>
<source><![CDATA[Journal of Finance]]></source>
<year>2006</year>
<volume>61</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>1-32</page-range></nlm-citation>
</ref>
<ref id="B62">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[La Porta]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[López-de Silanes]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
<name>
<surname><![CDATA[Shleifer]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Vishny]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Corporate ownership around the world]]></article-title>
<source><![CDATA[Journal of Finance]]></source>
<year>1999</year>
<volume>54</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>471-517</page-range></nlm-citation>
</ref>
<ref id="B63">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Le Breton-Miller]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Miller]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family firms and practices of sustainability: A contingency view]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2016</year>
<volume>7</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>26-33</page-range></nlm-citation>
</ref>
<ref id="B64">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Le Breton-Miller]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
<name>
<surname><![CDATA[Miller]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Bares]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Governance and entrepreneurship in family firms: Agency, behavioral agency and resource-based comparisons]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2015</year>
<volume>6</volume>
<page-range>58-62</page-range></nlm-citation>
</ref>
<ref id="B65">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Lien]]></surname>
<given-names><![CDATA[Y. C.]]></given-names>
</name>
<name>
<surname><![CDATA[Li]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Professionalization of family business and performance effect]]></article-title>
<source><![CDATA[Family Business Review]]></source>
<year>2014</year>
<volume>27</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>346-64</page-range></nlm-citation>
</ref>
<ref id="B66">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Liu]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
<name>
<surname><![CDATA[Yang]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
<name>
<surname><![CDATA[Zhang]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Does family business excel in firm performance? An institution-based view]]></article-title>
<source><![CDATA[Asia Pacific Journal of Management]]></source>
<year>2012</year>
<volume>29</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>965-87</page-range></nlm-citation>
</ref>
<ref id="B67">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Lourenço]]></surname>
<given-names><![CDATA[I. C.]]></given-names>
</name>
<name>
<surname><![CDATA[Castelo]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Curto]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Eugénio]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[How does the market value corporate sustainability performance?]]></article-title>
<source><![CDATA[Journal of Business Ethics]]></source>
<year>2012</year>
<volume>108</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>417-28</page-range></nlm-citation>
</ref>
<ref id="B68">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Luo]]></surname>
<given-names><![CDATA[X. R.]]></given-names>
</name>
<name>
<surname><![CDATA[Chung]]></surname>
<given-names><![CDATA[C. N.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Keeping it all in the family: The role of particularistic relationships in business group performance during institutional transition]]></article-title>
<source><![CDATA[Administrative Science Quarterly]]></source>
<year>2005</year>
<volume>50</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>404-39</page-range></nlm-citation>
</ref>
<ref id="B69">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Luo]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
<name>
<surname><![CDATA[Peng]]></surname>
<given-names><![CDATA[M. W.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Learning to compete in a transition economy: Experience, environment, and performance]]></article-title>
<source><![CDATA[Journal of International Business Studies]]></source>
<year>1999</year>
<volume>30</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>269-95</page-range></nlm-citation>
</ref>
<ref id="B70">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[McCall]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Leadership development through experience]]></article-title>
<source><![CDATA[Academy of Management Executive]]></source>
<year>2004</year>
<volume>18</volume>
<page-range>127-30</page-range></nlm-citation>
</ref>
<ref id="B71">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[McDonald]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Westphal]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Graebner]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Director acquisition experience and acquisition performance]]></article-title>
<source><![CDATA[Strategic Management Journal]]></source>
<year>2008</year>
<volume>29</volume>
<page-range>1155-77</page-range></nlm-citation>
</ref>
<ref id="B72">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Miller]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Le Breton-Miller]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family governance and firm performance: Agency, stewardship, and abilities]]></article-title>
<source><![CDATA[Family Business Review]]></source>
<year>2006</year>
<volume>19</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>73-87</page-range></nlm-citation>
</ref>
<ref id="B73">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Miller]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Steier]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Le Breton-Miller]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Lost in time: Intergenerational succession, change, and failure in family business]]></article-title>
<source><![CDATA[Journal of Business Venturing]]></source>
<year>2003</year>
<volume>18</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>513-31</page-range></nlm-citation>
</ref>
<ref id="B74">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Miralles-Marcelo]]></surname>
<given-names><![CDATA[J. L.]]></given-names>
</name>
<name>
<surname><![CDATA[Miralles-Quirós]]></surname>
<given-names><![CDATA[M. M.]]></given-names>
</name>
<name>
<surname><![CDATA[Lisboa]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The impact of family control on firm performance: Evidence from Portugal and Spain]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2014</year>
<volume>5</volume>
<page-range>156-68</page-range></nlm-citation>
</ref>
<ref id="B75">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Morck]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Nakamura]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Shivdasani]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Banks, ownership structure, and firm value in Japan]]></article-title>
<source><![CDATA[Journal of Business]]></source>
<year>2000</year>
<volume>73</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>539-67</page-range></nlm-citation>
</ref>
<ref id="B76">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Palia]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The impact of regulation on CEO labor markets]]></article-title>
<source><![CDATA[Rand Journal of Economics]]></source>
<year>2000</year>
<volume>31</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>165-79</page-range></nlm-citation>
</ref>
<ref id="B77">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Peng]]></surname>
<given-names><![CDATA[M. W.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Institutional transitions and strategic choices]]></article-title>
<source><![CDATA[Academy of Management Review]]></source>
<year>2003</year>
<volume>28</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>275-96</page-range></nlm-citation>
</ref>
<ref id="B78">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Peng]]></surname>
<given-names><![CDATA[M. W.]]></given-names>
</name>
<name>
<surname><![CDATA[Jiang]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Institutions behind family ownership and control in large firms]]></article-title>
<source><![CDATA[Journal of Management Studies]]></source>
<year>2010</year>
<volume>47</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>253-73</page-range></nlm-citation>
</ref>
<ref id="B79">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Peni]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[CEO and chairperson characteristics and firm performance]]></article-title>
<source><![CDATA[Journal of Management Governance]]></source>
<year>2014</year>
<volume>18</volume>
<page-range>185-205</page-range></nlm-citation>
</ref>
<ref id="B80">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Pérez-González]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Inherited control and firm performance]]></article-title>
<source><![CDATA[American Economic Review]]></source>
<year>2006</year>
<volume>96</volume>
<numero>5</numero>
<issue>5</issue>
<page-range>1559-88</page-range></nlm-citation>
</ref>
<ref id="B81">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Phan]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Hoon]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Human capital or social networks: What constrains CEO dismissal?]]></article-title>
<source><![CDATA[Academy of Management Journal Best Paper Proceedings]]></source>
<year>1995</year>
<volume>1995</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>37-41</page-range></nlm-citation>
</ref>
<ref id="B82">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Prior]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Surroca]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Tribó]]></surname>
<given-names><![CDATA[J. A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Are socially responsible managers really ethical? exploring the relationship between earnings management and corporate social responsibility]]></article-title>
<source><![CDATA[Corporate Governance: An International Review]]></source>
<year>2008</year>
<volume>16</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>160-77</page-range></nlm-citation>
</ref>
<ref id="B83">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Puffer]]></surname>
<given-names><![CDATA[S. M.]]></given-names>
</name>
<name>
<surname><![CDATA[McCarthy]]></surname>
<given-names><![CDATA[D. J.]]></given-names>
</name>
<name>
<surname><![CDATA[Boisot]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Entrepreneurship in Russia and China: The impact of formal institutional voids]]></article-title>
<source><![CDATA[Entrepreneurship Theory and Practice]]></source>
<year>2010</year>
<volume>34</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>441-67</page-range></nlm-citation>
</ref>
<ref id="B84">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ramón-Llorens]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[García-Meca]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
<name>
<surname><![CDATA[Duréndez]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Influence of CEO characteristics in family firms&#8217; internationalization]]></article-title>
<source><![CDATA[International Business Review]]></source>
<year>2017</year>
<volume>26</volume>
<page-range>786-99</page-range></nlm-citation>
</ref>
<ref id="B85">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rosa]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Howorth]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
<name>
<surname><![CDATA[Discua-Cruz]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Habitual and portfolio entrepreneurship and the family in business]]></article-title>
<person-group person-group-type="editor">
<name>
<surname><![CDATA[Melin]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Nordqvist]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Sharma]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<source><![CDATA[The sage Family Business Handbook]]></source>
<year>2014</year>
</nlm-citation>
</ref>
<ref id="B86">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[San Martín-Reyna]]></surname>
<given-names><![CDATA[J. M.]]></given-names>
</name>
<name>
<surname><![CDATA[Durán-Encalada]]></surname>
<given-names><![CDATA[J. A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The relationship among family business, corporate governance, and firm performance: Evidence from the Mexican stock exchange]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2012</year>
<volume>3</volume>
<page-range>106-17</page-range></nlm-citation>
</ref>
<ref id="B87">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Santiago]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Brown]]></surname>
<given-names><![CDATA[C. J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[An empirical analysis of Latin American board of directors and minority shareholders&#8217; rights]]></article-title>
<source><![CDATA[Forum Empresarial]]></source>
<year>2009</year>
<volume>14</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>1-18</page-range></nlm-citation>
</ref>
<ref id="B88">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Schulze]]></surname>
<given-names><![CDATA[W. G.]]></given-names>
</name>
<name>
<surname><![CDATA[Lubatkin]]></surname>
<given-names><![CDATA[M. H.]]></given-names>
</name>
<name>
<surname><![CDATA[Dino]]></surname>
<given-names><![CDATA[R. N.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Exploring the agency consequences of ownership dispersion among the directors of private family firms]]></article-title>
<source><![CDATA[Academy of Management Journal]]></source>
<year>2003</year>
<volume>46</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>179-94</page-range></nlm-citation>
</ref>
<ref id="B89">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sciascia]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Mazzola]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Family involvement in ownership and management: Exploring nonlinear effects on performance]]></article-title>
<source><![CDATA[Family Business Review]]></source>
<year>2008</year>
<volume>21</volume>
<page-range>331-45</page-range></nlm-citation>
</ref>
<ref id="B90">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sitthipongpanich]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Polsiri]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Do CEO and board characteristics matter? A study of Thai family firms]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2015</year>
<volume>6</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>119-29</page-range></nlm-citation>
</ref>
<ref id="B91">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Slater]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Dixon-Fowler]]></surname>
<given-names><![CDATA[H.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The future of the planet in the hands of mbas: An examination of CEO mba education and corporate environmental performance]]></article-title>
<source><![CDATA[Academy of Management Learning &amp; Education]]></source>
<year>2010</year>
<volume>9</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>429-41</page-range></nlm-citation>
</ref>
<ref id="B92">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Stanley]]></surname>
<given-names><![CDATA[L. J.]]></given-names>
</name>
<name>
<surname><![CDATA[McDowell]]></surname>
<given-names><![CDATA[W.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The role of interorganizational trust and organizational efficacy in family and nonfamily firms]]></article-title>
<source><![CDATA[Journal of Family Business Strategy]]></source>
<year>2014</year>
<volume>5</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>264-75</page-range></nlm-citation>
</ref>
<ref id="B93">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Steier]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Familiar capitalism in global institutional contexts: Implications for corporate governance and entrepreneurship in east Asia]]></article-title>
<source><![CDATA[Asia Pacific Journal of Management]]></source>
<year>2009</year>
<volume>26</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>513-35</page-range></nlm-citation>
</ref>
<ref id="B94">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Surroca]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Tribó]]></surname>
<given-names><![CDATA[J. A.]]></given-names>
</name>
<name>
<surname><![CDATA[Waddock]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Corporate responsibility and financial performance: The role of intangible resources]]></article-title>
<source><![CDATA[Strategic Management Journal]]></source>
<year>2010</year>
<volume>31</volume>
<numero>5</numero>
<issue>5</issue>
<page-range>463-90</page-range></nlm-citation>
</ref>
<ref id="B95">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Villalonga]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
<name>
<surname><![CDATA[Amit]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[How do family ownership, control and management affect firm value?]]></article-title>
<source><![CDATA[Journal of Financial Economics]]></source>
<year>2006</year>
<volume>80</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>385-417</page-range></nlm-citation>
</ref>
<ref id="B96">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Virtanen]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Women on the boards of listed companies: Evidence from Finland]]></article-title>
<source><![CDATA[Journal of Management and Governance]]></source>
<year>2012</year>
<volume>16</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>571-93</page-range></nlm-citation>
</ref>
<ref id="B97">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Wang]]></surname>
<given-names><![CDATA[H. C.]]></given-names>
</name>
<name>
<surname><![CDATA[He]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Mahoney]]></surname>
<given-names><![CDATA[J. T.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Firm-specific knowledge resources and competitive advantage: The roles of economic-and relationship-based employee governance mechanisms]]></article-title>
<source><![CDATA[Strategic Management Journal]]></source>
<year>2009</year>
<volume>30</volume>
<numero>12</numero>
<issue>12</issue>
<page-range>1265-85</page-range></nlm-citation>
</ref>
<ref id="B98">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Wei]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Ling]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[CEO characteristics and corporate entrepreneurship in transition economies: Evidence from China]]></article-title>
<source><![CDATA[Journal of Business Research]]></source>
<year>2015</year>
<volume>68</volume>
<page-range>1157-65</page-range></nlm-citation>
</ref>
<ref id="B99">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Schwab]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<collab>World Economic Forum</collab>
<source><![CDATA[The global competitiveness report 2015-2016]]></source>
<year>2015</year>
<publisher-loc><![CDATA[Ginebra ]]></publisher-loc>
<publisher-name><![CDATA[World Economic Forum]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B100">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Xiaowei]]></surname>
<given-names><![CDATA[V. K.]]></given-names>
</name>
<name>
<surname><![CDATA[Zhang]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The effect of managerial education and firm-ownership structure]]></article-title>
<source><![CDATA[Chinese Economy]]></source>
<year>2010</year>
<volume>43</volume>
<numero>6</numero>
<issue>6</issue>
<page-range>34-53</page-range></nlm-citation>
</ref>
<ref id="B101">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Young]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Peng]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Ahlstrom]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Bruton]]></surname>
<given-names><![CDATA[G.]]></given-names>
</name>
<name>
<surname><![CDATA[Jiang]]></surname>
<given-names><![CDATA[Y.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Corporate governance in emerging economies: A review of the principal-principal perspective]]></article-title>
<source><![CDATA[Journal of Management Studies]]></source>
<year>2008</year>
<volume>45</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>196-220</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
