Setia-Atmaja, Lukas; Tanewski, George A.; Skully, Michael - In: Journal of Business Finance & Accounting 36 (2009-09) 7-8, pp. 863-898
We investigate whether family controlled firms use dividends, debt and board structure to exacerbate or mitigate agency problems between controlling and minority shareholders in a capital market environment with high investor protection and private benefits of control. Results indicate family...