Family Owned Business Institute

Research Scholar's Abstracts 2007 - Robert Hoskisson, Heechun Kim

Beyond Principal-principal Agency Theory: The Rising Influence of Foreign Minority Principals Versus Dominant Family Owners in an Emerging Economy
Robert E. Hoskisson, Heechun Kim
2007

Principal-principal agency problems (typically between powerful family owners and other minority shareholders) are prevalent and complex in emerging economies. To better understand this issue, we explore the relationship between ownership structures and emerging economy firms international diversification.