King, Michael R.; Santor, Eric - In: Journal of Banking & Finance 32 (2008) 11, pp. 2423-2432
This study examines how family ownership affects the performance and capital structure of 613 Canadian firms from 1998 to 2005. In particular, we distinguish the effect of family ownership from the use of control-enhancing mechanisms. We find that freestanding family owned firms with a single...