@phdthesis{Baumann2017, author = {Michael Baumann}, title = {Essays on the governance and management of family firms}, url = {https://nbn-resolving.org/urn:nbn:de:bsz:14-qucosa2-158254}, year = {2017}, abstract = {This cumulative dissertation covers four papers on the management and governance of family firms. The first paper provides a systematic review of the literature on family-related determinants of the board of directors’ tasks, composition and processes in family firms. The review clusters and synthesizes the literature into six major determinants, details the methods used, and provides recommendations for future research in the field. The second paper develops a contingency approach to board task needs of family firms. The paper identifies five contingency factors and demonstrates how board task needs typically evolve over the ownership stages of family businesses. The third paper constitutes a qualitative empirical study on the role of board control in controlling owner family businesses. Based on a multiple case study approach, the study shows that controlling owners frequently use board control as a self-governing mechanism to mitigate self-control problems. Additionally, the study provides insights on favorable board processes and board composition in the controlling owner setting. Overall, the dissertation underlines the importance of factoring in the influence of family firm heterogeneity on the board of directors. The fourth paper concludes the dissertation with a teaching case study on a small family firm that is exposed to the threat of a disruptive innovation in its industry.}, language = {en} }