MetaTOC stay on top of your field, easily

When Does Financial Slack Matter? Family Ownership, CEO Family Status, and SME Performance

, , , , ,

Family Business Review

Published online on

Abstract

Family Business Review, Volume 39, Issue 2, Page 149-172, June 2026.
We offer novel insights into the utilization of heterogeneous types of financial slack (unabsorbed, absorbed, and potential) by family versus non-family small- and medium-sized enterprises (SMEs). We hypothesize that agency problems in family SMEs imply ...