The answer is no... and yes. As far as being involved in children's lives, studies show us that there can never be too much involvement. Close families are good, and when parents are involved in their children's lives, they do better in school, and are less likely to participate in risk-taking behaviors. Awesome right?
Well, where it gets kind of sketchy is in a principle called distance regulation. Families can be placed on a two different spectrums - one of cohesion (closeness), and one of adaptability. While the principle of too much cohesion sounds like an ideal, it has its break downs. The cohesion scale can be seen as a scale of "respect of individuality." Being high on the scale, represents a desire for every individual to conform to a certain standard, low on the scale represents a lack of family identity, or a group of people who come together out of habit or necessity, but contain no family rituals or structure. Adaptability is a similar scale that spans from chaos to rigidity. The detriment in these two factors lies at the extremes.
Parents should set age appropriate boundaries and limitations for their children - with the emphasis on the age appropriate. As children grow their individual skills and talents should be celebrated and integrated into the family to make it stronger as a whole. Their ability to make choices should also be exercised with careful guidance and support, as letting them rule themselves and providing too much flexibility also has negative impacts.
While being involved in children's lives is extremely important, along with the creation of family identity, celebrating and nurturing their individual strengths is equally as important for creating socially functioning individuals.