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The benefits of family ownership and control of firms are at the center of the family firm debate. Previous studies … have used either family ownership or management as proxies for control. Both indicators are off the mark, as they do not … of family ownership, control and management on financial firm performance, while controlling for goal heterogeneity of …
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We study the implications of ownership and its induced incentives on firm survival on the stock market for young and …, our results differ from studies on more traditional firms. Ownership by CEOs has no influence on firm survival when …
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