Behavioral Logic of Formal Governance in Family Businesses: The Moderating Roles of Firm Size and Political Connection

Jun Ma, Weicheng Xiao, Jianyu Chen, School of Business, Jiangnan University, School of Business, Shantou University, School of Economics and Management, Tongji University

Group & Organization Management

Published online on July 06, 2026

Abstract

Group & Organization Management, Ahead of Print.
While scholarly and practical interests in family businesses’ formal governance have grown substantially, the behavioral logics underlying governance formalization remain poorly understood. We therefore advance two critical behavioral logics, including ...