Wiwattanakantang, Yupana; Bennedsen, Morten; Mehrotra, Vikas - 2021
Dynastic-controlled firms are led by founding family CEOs while the family owns an insignificant share of equity (defined as less than five percent). They represent 7.4% of listed firms in post-war Japan, include well-known firms such as Casio, Suzuki and Toyota, and are often grouped with...