Management Controlling and Governance of Family Businesses: Theoretical Insights and Empirical Evide

An overview of family business. Profiles, definitions and the main challenges of the business life-cycle.- Professionalization and managerialization in family firms: A still open issue.- The survival of family businesses: The challenge of succession.- The growth of family businesses: the path to internationalization.- Investment decisions in listed family firms: risk aversion and emo-tional attachment.- Governing family business challenges. A research map.- Learning financial language to face on-going challenges. The case of Greenlife.- Professionalization and managerialization: original levers from Mo-lino Nicoli spa.- Beyond the founder. Which conditions can favor or hinder the profes-sionalization of family firms?.- Internationalization in family businesses. The case of Mamagra.- Family ownership and investment decisions. An empirical analysis on the role of board monitoring and CEO emotional attachment.- Discussing and concluding remarks.