Tan, Qingmei; Liu, Zixuan; Geng, Peixuan - In: China journal of accounting research : CJAR 14 (2021) 1, pp. 43-61
Based on the data of Chinese listed family firms from 2008 to 2016, we investigate the impact of family involvement on firm innovation and the moderating effect of family member composition. The results show that increased family involvement significantly reduces R&D investment intensity and the...