Special Issue "Performance and Behavior of Family Firms"


A special issue of International Journal of Financial Studies (ISSN 2227-7072).

Deadline for manuscript submissions: 30 April 2014

Special Issue Editor

Guest Editor
Dr. Esra Memili
Bryan School of Business and Economics, University of North Carolina at Greensboro, 370 Bryan, P.O. Box 26170, Greensboro, NC 27402-6170, USA
Website: http://bae.uncg.edu/directory/marketing-entrepreneurship-hospitality-tourism/memili-dr-esra/
E-Mail: e_memili@uncg.edu
Phone: +1 662 617 1459
Fax: +1 336 334 5580
Interests: family business and entrepreneurship

Special Issue Information

Dear Colleagues,

Family involvement characterizes a large number of firms around the world and is thought to significantly impact their strategies, behavior, and performance. Family involvement occurs when a family exerts control over the firm through ownership and management. When family involvement leads to intentions to pursue particularistic goals and strategies, controlling families are more likely to exert a significant influence on firm strategies, behavior, and performance. Indeed, intentions imply that a firm’s strategic behaviors will be oriented toward preserving the economic and socioemotional value of the firm for the family in the long term. Hence, the “essence” of a family firm is thought to be a function of a family’s influence on the culture, functioning, and behavior of the firm owing to the pursuit of a family’s vision for the firm.

As a result, family firm behavior is expected to be distinct from those in non-family firms. Despite the inherent differences between family and non-family firms and heterogeneity among family firms, family involvement is under researched in organizational studies, which limits the generalization of findings and leads to theoretical ambiguity. Financial strategic decisions and activities may be the key in understanding differences between family and non-family firms.

Therefore, we invite researchers to shed light on how a family uses its influence to affect financial strategies, behavior, and firm performance.

Dr. Esra Memili
Guest Editor


Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. Papers will be published continuously (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are refereed through a peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. International Journal of Financial Studies is an international peer-reviewed Open Access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. For the first couple of issues the Article Processing Charge (APC) will be waived for well-prepared manuscripts. English correction and/or formatting fees of 250 CHF (Swiss Francs) will be charged in certain cases for those articles accepted for publication that require extensive additional formatting and/or English corrections.

Special Issue Flyer

Please download the special issue flyer here.


  • family firms
  • family involvement
  • socioemotional wealth
  • financial strategies
  • financial activities
  • firm performance

Published Papers (1 paper)

Int. J. Financial Stud. 2014, 2(1), 103-121; doi:10.3390/ijfs2010103
Received: 5 December 2013; in revised form: 11 February 2014 / Accepted: 14 February 2014 / Published: 28 February 2014
Show/Hide Abstract | Download PDF Full-text (179 KB) | View HTML Full-text | Download XML Full-text

Last update: 5 November 2013

Int. J. Financial Stud. EISSN 2227-7072 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert