Family contingencies and board composition: evidence from Tunisia

Family contingencies and board composition: evidence from Tunisia

Author: 
Khlif, Wafa
Publisher: 
Taylor & Francis Group
Date published: 
2016
Record type: 
Responsibility: 
Karoui, Lotfi, jt. author
Ingley, Coral, jt. author
El Manaa, Wiem, jt. author
Journal Title: 
Journal of African Business
Source: 
Journal of African Business, Vol 17, No. 1, January-April 2016, pp. 16-32
Abstract: 

Despite the widespread attention given to succession and generational issues by family business researchers, little systematic interest has been given to the relationship between these issues and the firms' governance system. This paper analyses family-related contingency factors as determinants of board composition in family-controlled firms. Results from a sample of Tunisian family firms show that the composition of board members is determined primarily by variables relating to family complexity and family involvement. Among these firms the appointment of outside directors to their boards tends to begin from the third generation of family ownership. The findings support the argument that board composition in family firms is a reflection of family characteristics. The study contributes a more nuanced understanding of the influence of ownership structure and board composition on the succession process in family firms.

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Country focus: 

CITATION: Khlif, Wafa. Family contingencies and board composition: evidence from Tunisia . : Taylor & Francis Group , 2016. Journal of African Business, Vol 17, No. 1, January-April 2016, pp. 16-32 - Available at: https://library.au.int/family-contingencies-and-board-composition-evidence-tunisia-0