Luo, Jin-hui; Liu, Heng - In: International Journal of Financial Studies : open … 2 (2014) 1, pp. 103-121
In this paper we investigate the relationship between family ownership structure and corporate value across a sample of 1314 firm-year observations of China's family publicly listed companies (PLCs), from 2004 to 2008. We find a significant inverse-U-shaped relationship between the controlling...