[1
]Witten Institute for Family Business; University Witten/Herdecke; Alfred-Herrhausen-Str.
50 D-58448 Witten Germany
[2
]Institute for Organization and Human Resource Management (IOP), University of Bern,
Engehaldenstrasse 4, CH-3012 Bern, Switzerland, and Witten Institute for Family Business;
University Witten/Herdecke; Germany
[3
]College of Business, Department of Management and Information Systems; Mississippi
State University; USA
[4
]Centre for Management Buyout Research, Imperial College Business School, Tanaka Building,
South Kensington Campus, London, UK, and Ghent University; Faculty of Economics and
Business Administration; Hoveniersberg 4 Ghent Belgium
[5
]Department of Management, University of North Carolina-Charlotte, 9201 University
City Blvd, Charlotte, NC 28223-0001, USA, and INTES Center for Family Enterprises;
WHU (Otto Beisheim School of Management); Germany