Family Influence on Performance of Family Small and Medium Enterprises

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. In their analysis, the F-PEC (comprising family influence [F] on power [P]; E – experience [E]; Culture [C]) scale was used since it reflects the extent of family influence in a firm’s performance by using two types of measures: financial performance and non-economic goals. Ana Paula Matias Gama, Ph.D., (in Finance - ISCTE/IUL Business School –Lisbon) is assistant professor with accreditation at University of Beira Interior (Portugal) where she teaches courses on management, accounting and finance. Her research interests are in corporate finance and entrepreneurial finance. She publishes articles in various journals such as Researchin Journal of Business Finance and Accounting (JBFA), Small Business Economics (SBE), Journal of Small Business Management (JSBM), Emerging Markets Review (EMR), Research in Business Finance and Accounting (RIBA) and Review of Accounting and Finance (RAF). Her research is supported by the Portuguese Foundation for Science (FCT), project n.º PTDC/EGE-OGE/31246/2017 and UIDB/04630/2020. Catarina Afonso Alves, Ph.D. (in Management – University of Beira Interior, Covilhã – Portugal) is assistant professor at Polytechnic Institute of Guarda (Portugal) in School of Technology and Management. She teaches in the 1st and 2nd cycle courses in the areas of accounting, business management and entrepreneurship. Her research interests are in family business and entrepreneurship. She is a professor / researcher at the Research Unit for Inland Development of Polytechnic Institute of Guarda.