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international diversification among these types of businesses. We have studied three factors related to ownership structure: the … show that the degree of family ownership has a negative impact on the degree of international diversification. However, the …This study explores how the ownership structure of family firms gives these organizations a distinctive nature in terms …
Persistent link: https://www.econbiz.de/10010869786
the lack of separation of ownership and control and insufficient diversification of family-investors are said to lead to …Familienunternehmen gelten in der öffentlichen Wahrnehmung als besonders innovativ und als Hidden Champions der … unterschiedlichen Ergebnissen. Einerseits wird Familienunternehmen ein besonderer Unternehmergeist bescheinigt, der sie besonders …
Persistent link: https://www.econbiz.de/10010984777
Prior empirical research finds positive, negative and neutral relationships between family involvement in business and firm performance. We argue that some of the challenges that have plagued empirical research in this field are related to the measurement of family involvement in business....
Persistent link: https://www.econbiz.de/10010875402
-controlling shareholders. We argue that assumptions and interpretations regarding the cost and benefits of family ownership in the extant …We reassess the effects of family ownership and strong family control on non-family minority and non …
Persistent link: https://www.econbiz.de/10010574901
Purpose -While advantageous, the role of family control is under-explored in finance. Family ownership can help … guarantee stability of business and long-term planning. The purpose of this study is to examine whether block-holder ownership …-holder ownership and the first year market performance (p=10 per cent). Moreover, there is cubic relationship between family ownership …
Persistent link: https://www.econbiz.de/10010752658
Good corporate governance is an important step in building market confidence and encouraging more stable, long-term international investment flows. The business corporation is an increasingly important engine for wealth creation worldwide, and how companies are run will influence welfare in...
Persistent link: https://www.econbiz.de/10008603090
ownership is associated with lower agency costs and can help to diminish information asymmetries with external suppliers of …
Persistent link: https://www.econbiz.de/10009278600
Persistent link: https://www.econbiz.de/10008925872
researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … shareholders and performance, a phenomenon which might be explained in terms of private appropriation of benefits. …
Persistent link: https://www.econbiz.de/10008694021
This technical note assesses the reform of Spanish savings banks (SSBs). It provides a brief overview of the SSB institutional framework before the reform, and describes the main factors that led to the financial distress, albeit uneven, of the SSB sector. The note outlines major regulatory and...
Persistent link: https://www.econbiz.de/10011244106