Marianna Makri

TL;DR: In this paper, the authors examine diversification decisions of family firms and suggest that on average family firms diversify less both domestically and internationally than non-family firms, and when they do diversify, family firms tend to opt for domestic rather than international diversification, and those that go the latter route prefer to choose regions that are "culturally close".

TL;DR: This article found that family-member CEOs of family-controlled firms receive lower total income than outsider CEOs, increasingly so as family ownership concentration increases At the same time, their pay tends to be mor

TL;DR: A model of relatedness and invention performance of high-technology M&As that considers science and technology similarity and complementarity as important drivers of invention finds that complementary scientific knowledge and complementary technological knowledge both contribute to post-merger invention performance by stimulating higher quality and more novel inventions.

TL;DR: In this paper, the authors developed a model of relatedness and invention performance of high-technology M&As that considers science and technology similarity and complementarity as important drivers of invention.

TL;DR: In this paper, the behavioral agency model (BAM) is used to examine the socioemotional trade-offs that R&D represents for the family firm and how this differentiates their investment decision from non-family firms.