Monitor or Advise? How Family Involvement Affects Supervisory Board Roles in Family Firms

Dominik van Aaken; Maximilian Göbel; Daniel Meindl

Schmalenbach Business Review · 2020-04-24 · Issue: 2020-04
Original research article · Version of Record · CC BY 4.0 · 12,368 words

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Title: Monitor or Advise? How Family Involvement Affects Supervisory Board Roles in Family Firms
Human authorship: Dominik van Aaken; Maximilian Göbel; Daniel Meindl
Source: Complete manuscript edition 2026-10-22
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Original authors / creators: Dominik van Aaken; Maximilian Göbel; Daniel Meindl
Original publication: Schmalenbach Business Review · Springer Science and Business Media LLC · 2020-04-24 · Issue date 2020-04
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doi:10.1007/s41464-020-00088-w
License & retained notices: CC BY 4.0
Original authors retain the copyright stated in the source. Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ .
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Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ .
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Evidence limits: German two-tier governance context limits transfer to other legal and cultural settings. Self-reported task measures do not observe board interactions directly. Observed associations do not establish that more monitoring causes better investment outcomes.
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