Anne-Marie Mohammed is Head and Lecturer in the Department of Economics, Faculty of Social Sciences, The University of the West Indies, St. Augustine, Trinidad and Tobago. Dr. Mohammed attained her B.Sc. (First Class Honours), M.Sc. and Ph.D. degrees in (Economics) from The University of the West Indies, St. Augustine in 1997, 2000 and 2008 respectively. As part of the split-site Ph.D. programme she spent one year at New York University supervised by Professor William J. Baumol. She lectures the courses Introduction to Economics I and II, Intermediate Microeconomics I and II, Industrial Economics I and Caribbean Economy. Her current research interests include industrial economics, economics of regulations and applied microeconomics.
Actual and intended growth in family firms and non-family owned firms: Are they different? Research Paper No 60
Published: 13 July 2017
This article uses the first wave of Longitudinal Small Business Survey (SBS, 2015), and investigates the role of owner-management structure in affecting the growth behaviours of small- and medium-sized enterprises (SMEs) in the UK. Specifically, the study compares the growth propensities among family firms managed by the family member(s) only, family firms managed by externally sourced manager(s), and non-family-owned small firms. Based on the change-in-amount perspective (Penrose, 1951), growth is measured using three different indicators, including growth in employment size, growth in turnover, and growth in sales.