中文摘要：

生产率是衡量企业生产经营活动的一个非常重要的指标，生产率除了与资本投入和劳动投入有密切联系外，还与企业的管理模式存在关系。基于柯布-道格拉斯生产函数，用家族指定管理层、家族成员担任董事长或总经理作为家族管理的替代变量，建立家族管理与企业生产率关系的函数，以2002年～2006年沪深两市制造行业的283家家族上市公司为样本，从生产率的角度检验家族管理对企业生产率的影响。研究结果发现，在家族上市企业全样本中，家族管理对企业生产率有显著的负向影响，即家族指定管理层、家族成员担任董事长或总经理对企业生产率有显著的负向影响；进一步研究发现，家族管理对企业生产率的负向作用在直接上市的家族企业子样本中更明显，家族参与企业管理的程度越高，企业生产率越低。

英文摘要：

Productivity is a very important index of measuring enterprise＇s produce activity, it relates tightly with not only labor and capital, but also enterprise＇s management mode. Based on Cobb Douglas production function, using the data of 283 family controlled manufacturing listed companies from 2002 to 2006, the paper establishes a function between family management and enterprise productivity using family designating management and family members serving as board chairman or general manager as proxy variables of family management, and tests the impact of family management on the enterprise productivity from the view of productivity. The result shows that family management has a significantly negative impact on enterprise productivity in full sample, that is family designating management and family members serving as board chairman or general manager have a significantly negative effect on enterprise productivity ; family management＇s negative effect on enterprise productivity is especially more significant in the sub sample of IPO＇s family business; the more the family participates in enterprise management, the lower the enterprise productivity is .