In January 2010 the Deutsche Börse Group introduced two family firm stock indices. Both indices are calculated as price … and performance indices and extend the number of investment strategy indices of Deutsche Börse Group. The DAXplus Family … is an all-share index whereas the DAXplus Family 30 represents a selection index of the 30 largest and most liquid Prime …

Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …

This study examines how family firm characteristics affect capital structure decisions. In our analysis we disentangle … the influence of three distinct components of a family firm: ownership, supervisory and management board activities by the … founding family. Thereby, we use a unique panel dataset of 660 publicly listed companies (5,135 firm years) in the broadest …

strong family capitalism. We find that family firms exhibit a higher propensity and level for both dividend payments and … total payouts. This result is driven by family ownership rather than family management. Conflicts between the founding … family and non-family controlling shareholders and tensions within the founding family are important determinants of payout …

shareholder matters as family controlled firms have high dividend payouts whereas bank controlled firms have low dividend payouts …