This paper investigates the relationship between family firm, internal, external governance and corporate fraud. We focus on the judicial and market attitude toward professional top managers, not controlling shareholder, involved in corporate fraud, especially in family-controlled business group...

This paper investigates the relationship between family firm, internal and external governance, and corporate fraud. We focus on judicial and market attitudes toward professional top managers, not controlling shareholders, involved in corporate fraud in family controlled firms in Korea. We find...

This paper investigates the relationship between family firm, internal, external governance and corporate fraud. We focus on the judicial and market attitude toward professional top managers, not controlling shareholder, involved in corporate fraud, especially in family-controlled business group...

This study analyzes the links between listed family businesses and social responsibility. On the theoretical level, it establishes a relationship between socioemotional wealth, proactive stakeholder engagement, and the social responsibility of family businesses. On a practical level, our results...

This article discusses the complicated lawyer-client representation issues raised when a family entity (such as a family limited partnership) is created. The article also addresses the issues, and material risks, associated with the multiple representation by one lawyer of the entity, the...

The relationship between CEO pay and performance has been much analyzed in the management and economics literature. This study analyzes the structure of executive compensation in family and non-family firms. In line with predictions of agency theory, it is found that the share of base salary is...

The paper analyzes internal factors which influence the use of equity - and mezzanine-based financing instruments in German privately held family firms. Based on a sample of 195 surveys of family firms, we investigate the impact of family specific goals and corporate governance structures on the...

Objectives: We examine decision factors of family firm owners for hiring a non-family Chief Financial Officer (CFO). We explore the perceptions of family firm owners towards external managers by analyzing how their family-specific and company-specific goals relate to the employment of a...

This paper investigates how family ownership, control and management affect firm investment performance. We use the identity of the CEO and the COB to establish under what management the firm is: founder, descendent or external management. The analysis shows that founder management has no effect...