An article in the June 2015 issue of the Journal of Family Business Strategy, “Value
creation in family firms: A model of fit,” investigates the convergence of
goals, resources and governance in the family firm and how they can either create
or destroy value over time. Value-creation in family firms is a
commonly-debated issue amongst researchers and has led to several empirical
studies and many publications arguing that family firms either have unique
competitive advantages, superior financial performance, or alternately, unique
disadvantages...