Post-succession performance of Philippine family corporate group firms: family CEO succession vs. professionalization

• Main Authors: Dedace,, Arturo M., III, Roque, Francis David M., Ysmael, Juan Leandro S.
• Format: text
• Language: English
• Published: Animo Repository 2010
• Subjects: Family-owned business enterprises > Succession; Executive succession; Economics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/11291
• Institution: De La Salle University

Professionalization has been a growing trend among family firms that choose to succeed management. In support of this trend, recent theory suggests that professional managers outperform their family manger counterparts. However, previous studies have failed to empirically test the role of agency cos...