This book examines the relationship between family influence and
financial performance and non-economic goals in small and medium
family-owned enterprises (SME) in Portugal. Research on the performance
of family-owned firms is growing but results are mixed, especially for
non-listed companies. This book examines smaller family-owned firms that
operate in a small, open economy, characterised by a context of
relatively weak capital markets and predominantly bank-based financing.
Delving into the impact of key variables such as the power dimension,
experience and culture on performance establishes, the book goes on to
analyse the determinants of performance in such family-owned SMEs. Given
the importance of family firms to open economies, this book would be a
valuable read to scholars aiming to understand the reasons behind their
success, managers seeking out strategic and operational guidance and to
regulators and policymakers at the regional and national levels.