Purpose

This review assesses state of knowledge by critically comparing empirical literature on relationships between corporate governance and performance with regards to listed and unlisted family business.

Design/methodology/approach

The study applies a systematic review approach to assess 159 corporate governance and performance studies on family business published in peer-reviewed journals between 2000 and 2016.

Findings

Results from the review demonstrate heterogeneity in definition of family business, limited study of indicators of ownership and board dimensions of corporate governance in unlisted family businesses and over concentration on financial measures by listed family business studies. Possible solution was offered for potential research gaps.

Originality/value

This is the first review that comprehensively compares studies in listed and unlisted family business from the perspectives of corporate governance. Findings from this review may contribute to promoting research in corporate governance in the context of listed and unlisted family businesses.

中文翻译：

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上市和非上市家族企业研究趋势差异回顾：公司治理背景

目的

本综述通过批判性地比较关于上市和非上市家族企业的公司治理与绩效之间关系的实证文献来评估知识状况。

设计/方法/途径

该研究采用系统审查方法评估 2000 年至 2016 年间在同行评审期刊上发表的 159 项关于家族企业的公司治理和绩效研究。

发现

审查结果表明，家族企业的定义存在异质性，对非上市家族企业的公司治理的所有权指标和董事会维度的研究有限，以及上市家族企业研究过度关注财务指标。为潜在的研究差距提供了可能的解决方案。

原创性/价值

这是首次从公司治理的角度全面比较上市和非上市家族企业研究的综述。本综述的发现可能有助于促进上市和非上市家族企业背景下的公司治理研究。