Hülsbeck, Marcel; Lehmann, Erik; Weiß, Dominik; … - 2011
hand the lack of separation of ownership and control and insufficient diversification of family-investors are said to lead … differing in legal structure, size, age, industry, and - most importantly - in the degree of family ownership, family management … and family control. The results of our analysis reveals differentiated results. Fundamentally, family ownership and family …