Corporate governance in small and medium sized firms The analysis of corporate governance in small and medium sized firms has been a much neglected aspect of study in the field of corporate governance. This essential research review provides an authoritative overview of research in this topical field by successfully linking classical papers on corporate governance to the specific aspects in SMEs. The purpose of this book is not only to provide a review of the literature on governance in SMEs but also from other social sciences and management perspectives. This title will be of great interest not only to lecturers and students interested in corporate governance but also to managers and policy makers Marc Cowling (2003) Productivity and Corporate Governance in Smaller Firms Small Business Economics 20 335 44 Trond Randøy Clay Dibrell and Justin B. Craig (2009) Founding Family Leadership and Industry Profitability Small Business Economics 32 (4) April 397 407 Damiano Bonardo Stefano Paleari and Silvio Vismara (2010) The M&A Dynamics of European Science based Entrepreneurial Firms Journal of Technology Transfer 35 141 80 Jung Chin Shen and Jeffrey J. Reuer (2005) Adverse Selection in Acquisitions of Small Manufacturing Firms: A Comparison of Private and Public Targets Small Business Economics 24 393 407 C. Mirjam van Praag (2003) Business Survival and Success of Young Small Business Owners Small Business Economics 21 1 17 Pramodita Sharma James J. Chrisman and Jess H. Chua (2003) Predictors of Satisfaction with the Succession Process in Family Firms Journal of Business Venturing 18 667 87 Benjamin E. Hermalin and Michael S. Weisbach (2003) Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature FRBNY Economic Policy Review April 7 26 Morten Huse (1990) Board Composition in Small Enterprises Entrepreneurship and Regional Development 2 (4) 363 73 Morten Huse (2000) Boards of Directors in SMEs: A Review and Research Agenda Entrepreneurship and Regional Development 12 (4) 271 90 Catherine M. Daily and Dan R. Dalton (1992) The Relationship Between Governance Structure and Corporate Performance in Entrepreneurial Firms Journal of Business Venturing 7 375 86 Bart Clarysse Mirjam Knockaert and Andy Lockett (2007) Outside Board Members in High Tech Start ups Small Business Economics 29 243 59 Olof Brunninge Mattias Nordqvist and Johan Wiklund (2007) Corporate Governance and Strategic Change in SMEs: The Effects of Ownership Board Composition and Top Management Teams Small Business Economics 29 295 308 Alessandro Minichilli and Cathrine Hansen (2007) The Board Advisory Tasks in Small Firms and the Event of Crises Journal of Management and Governance 11 (1) March 5 22 Kevin Keasey Helen Short and Robert Watson (1994) Directors Ownership and the Performance of Small and Medium Sized Firms in the UK Small Business Economics 6 225 36 Lloyd Steier (2003) Variants of Agency Contracts in Family financed Ventures as a Continuum of Familial Altruistic and Market Rationalities Journal of Business Venturing 18 597 618 David B. Audretsch and Julie A. Elston (1997) Financing the German Mittelstand Small Business Economics 9 97 110 Steven N. Kaplan and Per Strömberg (2001) Venture Capitalists as Principals: Contracting Screening and Monitoring American Economic Review 91 (2) May 426 30 David B. Audretsch and Erik E. Lehmann (2005) The Effects of Experience Ownership and Knowledge on IPO Survival: Empirical Evidence from Germany Review of Accounting and Finance 4 (4) 13 33Malcolm Baker and Paul A. Gompers (2003) The Determinants of Board Structure at the Initial Public Offering Journal of Law and Economics XLVI (2) October 569 98 Recommended readings (Machine generated): Adams R.B. B.E. Hermalin and M.S. Weisbach (2010) The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey Journal of Economic Literature 48 (1) 55 107. Audretsch D.B. (1995) Innovation and Industry Evolution Cambridge MA: MIT Press. Audretsch D.B. and A.R. Thurik (2001) Whats New about the New Economy Sources of Growth in the Managed and Entrepreneurial Economies Industrial & Corporate Change 10 (1) 267 315. Audretsch D.B. M. Keilbach and E.E. Lehmann (2006) Entrepreneurship and Economic Growth Oxford: Oxford University Press. Berle A.A. and G.C. Means (1932) The Modern Corporation and Private Property New York: Macmillan. Caves R. (1998) Industrial Organization and New Findings on the Turnover and Mobility of Firms Journal of Economic Literature 36 (4) 1947 82. Chandler A.D. (1977) The Visible Hand: The Managerial Revolution in American Business Cambridge MA: Harvard University Press. Degryse H. and S. Ongena (2008) Competition and Regulation in the Banking Sector: A Review of the Empirical Evidence on the Sources of Bank Rents in A. Thakor and A. Boot (eds) Handbook of Financial Intermediation and Banking Oxford: Elsevier pp. 483 554. Filatotchev I. and M. Wright (2005) The Life cycle of Corporate Governance Cheltenham UK and Northampton MA USA: Edward Elgar. Forbes C. and F. Milliken (1999) Cognition and Corporate Governance: Understanding Board of Directors as Strategic Decision Making Group Academy of Management Review 24 489 505. Gompers P.A. and J. Lerner (2004) The Venture Capital Cycle Cambridge MA: MIT Press. Grossman S. and O. Hart (1986) The Cost and Benefits of Ownership: A Theory of Vertical and Lateral Integration Journal of Political Economy 94 691 719. Gugler K. and J. Weigand (2003) Is Ownership Really Endogenous Applied Economics Letters 10 483 6. Hart O. and J. Moore (1990) Property Rights and the Nature of the Firm Journal of Political Economy 98 1119 58. Jensen M.C. (1993) The Modern Industrial Revolution Exit and the Failure of Internal Control Systems Journal of Finance 48 831 80. Jovanovic B. (1982) Selection and the Evolution of Industry Econometrica 50 (3) 649 70. Lehmann E.E. and D. Neuberger (2001) Do Lending Relationships Matter Evidence from Bank Survey Data in Germany Journal of Economic Behavior and Organization 45 339 59. Lehmann E.E. and J. Weigand (2000) Does the Governed Corporation Perform Better Governance Structures and Corporate Performance in Germany European Finance Review 4 157 95. Lerner J. (2004) The Venture Capital Cycle Cambridge MA: MIT Press Mike Wright Robert E. Hoskisson Lowell W. Busenitz and Jay Dial (2000) Entrepreneurial Growth Through Privatization: The Upside of Management Buyouts Academy of Management Review 25 (3) July 591 601 Matthew D. Lynall Brian R. Golden and Amy J. Hillman (2003) Board Composition from Adolescence to Maturity: A Multitheoretic View Academy of Management Review 28 (3) July 416 31 Nickel S. (1996) Competition and Corporate Performance Journal of Political Economy 104 (4) 724 46. Shleifer A. and R. Vishney (1997) A Survey of Corporate Governance Journal of Finance 52 737 83. Zingales L. (1998) Corporate Governance in P. Newman (ed.) The New Palgrave Dictionary of Economics and the Law Volume 1 London: Macmillan pp. 497 503. Michael C. Jensen and William H. Meckling (1976) Theory of the Firm: Managerial Behavior Agency Costs and Ownership Structure Journal of Financial Economics 3 305 60 reset Eugene F. Fama and Michael C. Jensen (1983) Separation of Ownership and Control Journal of Law and Economics XXVI (2) June 301 25 Harold Demsetz (1983) The Structure of Ownership and the Theory of the Firm Journal of Law and Economics XXVI (2) June 375 90 Henry G. Manne (1965) Mergers and the Market for Corporate Control Journal of Political Economy 73 (2) April 110 20 Eugene F. Fama (1980) Agency Problems and the Theory of the Firm Journal of Political Economy 88 (2) April 288 307 Raghuram G. Rajan and Luigi Zingales (2000) The Governance of the New Enterprise in Xavier Vives (ed.) Corporate Governance: Theoretical and Empirical Perspectives Cambridge UK: Cambridge University Press Chapter 6 201 27 Diane K. Denis (2001) Twenty five Years of Corporate Governance Research . . . and Counting Review of Financial Economics 10 191 212 Lorraine Uhlaner Mike Wright and Morten Huse (2007) Private Firms and Corporate Governance: An Integrated Economic and Management Perspective Small Business Economics 29 225 41 Peter G. Klein (1999) Entrepreneurship and Corporate Governance Quarterly Journal of Austrian Economics 2 (2) Summer 19 42 Catherine M. Daily Patricia P. McDougall Jeffrey G. Covin and Dan R. Dalton (2002) Governance and Strategic Leadership in Entrepreneurial Firms Journal of Management 28 (3) 387 412 Thomas M. Zellweger Kimberly A. Eddleston and Franz W. Kellermanns (2010) Exploring the Concept of Familiness: Introducing Family Firm Identity Journal of Family Business Strategy 1 54 63 James J. Chrisman Jess H. Chua Franz W. Kellermanns and Erick P.C. Chang (2007) Are Family Managers Agents or Stewards An Exploratory Study in Privately Held Family Firms Journal of Business Research 60 1030 38 Wayne H. Stewart Jr. Warren E. Watson Joann C. Carland and James W. Carland (1998) A Proclivity for Entrepreneurship: A Comparison of Entrepreneurs Small Business Owners and Corporate Managers Journal of Business Venturing 14 189 214 Theresa M. Welbourne and Linda A. Cyr (1999) Using Ownership as an Incentive: Does the Too Many Chiefs Rule Apply in Entrepreneurial Firms Group and Organizational Management 24 (4) December 438 60 Randolph P. Beatty and Edward J. Zajac (1994) Managerial Incentives Monitoring and Risk Bearing: A Study of Executive Compensation Ownership and Board Structure in Initial Public Offerings Administrative Science Quarterly 39 (2) June 313 35 Erik E. Lehmann (2006) Corporate Governance in New Enterprises or: Why Do Some CEOs Hold Large Equity Stakes While Others Are Paid Through Stock Options Zeitschrift für Betriebswirtschaft 5 21 37