impact on the long-term stock performance of family-owned firms in Germany. The data analyzed include 105 IPOs of founding … family-owned firms floated between January 1970 and December 1990. The family firms in the sample are at a very late stage in … concentration of family stockholders in the first three years after the IPO and the corresponding long-term stock responses in order …

Recent research has documented that family-controlled firms are very common around the world. This paper provides new … market in which family firms are well-established and represent the most widespread form of ownership, namely Switzerland …. Using panel data for the period 2003 to 2007 on companies listed on the Swiss exchange, we find evidence that family firms …

. However, there is less evidence on the effectiveness of board independence on earnings management in family … the purpose of this study to shed light on the earnings management issue in family-controlled companies, characterized by … to the case where the CEO is a member of the controlling-family. Our empirical results provide evidence that, indeed, the …