Tang, Yingkai; Ye, Shuanghong; Zhou, Jing - In: Chinese Economy 46 (2013) 6, pp. 32-49
Using a uniquely selected family-firm data set, we show that Chinese family firms are, on average, more valuable than nonfamily firms, and that their superior performance can be explained in part by their political connections. Chinese family firms in which the chairperson or CEO is politically...
