The influence of family ownership in the profitability of vertically integrated companies. Evidence from the Spanish agri-food industry
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ISSN:
2171-9292
Licensing of resource:
Rights subject to owner's permission
Type:
journal article
Journal:
Spanish Journal of Agricultural Research
Number:
2
Volume:
17
Description:
The aim of this paper is to analyse whether the family control exerts a significant influence on profitability in agri-food companies that have been vertically integrated. This assumption is based on the idea that family-owned firms better overcome the internal conflict that arises in a company by reducing transaction costs. We have analysed the determinants of the profitability and its annual increase, considering the kind of company and its sector
Publication year:
2019
Keywords:
integration strategy
family firms
firm performance