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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/24932

Title: The effect of ownership disparity on decision-making quality in family firm tmts: the moderating role of knowledge variety
Authors: Vandekerkhof, Pieter
Steijvers, Tensie
Hendriks, Walter
Voordeckers, Wim
Issue Date: 2017
Citation: 8th EIASM Workshop on Top Management Teams and Business Strategy Research, Seville, Spain, 23-24/03/2017
Abstract: We use the presence of family and nonfamily managers in family firm TMTs as a driver of diversity as disparity. We argue that ownership disparity is detrimental for TMT decision-making quality. Furthermore, we state that diversity as separation and diversity as variety affect the disparity effect. Based on a unique multiple respondent sample of 284 managers from 52 Belgian private family firms, we find that the nonfamily manager ratio has a negative effect on TMT decision-making quality through ownership disparity. In addition, we find that value separation stimulates, while knowledge variety mitigates the negative effect of ownership disparity.
URI: http://hdl.handle.net/1942/24932
Category: C2
Type: Conference Material
Appears in Collections: Research publications

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