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The paper analyzes internal factors which influence the use of equity - and mezzanine-based financing instruments in German privately held family firms. Based on a sample of 195 surveys of family firms, we investigate the impact of family specific goals and corporate governance structures on the...
Persistent link: https://www.econbiz.de/10003919589
This study investigates the role that board structure has on the demand for audit quality in connection with family ownership in a sample of private firms. In addition to this, we also shed light on whether ownership structure and board structure are substitute mechanisms in resolving agency...
Persistent link: https://www.econbiz.de/10013119885
In order to capture and lead the market, a board should be able to understand and quickly react to the changing global market. The market is very complex and highly segmented according to factors such as gender, age and ethnicity. Therefore, having a diverse board is advantageous because the...
Persistent link: https://www.econbiz.de/10012988540
This paper examines the relationship between board of director characteristics and performance in family businesses, providing evidence on whether family firms differ from non-family ones and focusing also on the possibility of asymmetrical effects between periods of stability and economic...
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This study examines the relationship between ownership structure and performance of public firms in Mexico, considering debt and the structure of the board of directors as contextual and institutional factors. This research seeks to explain the mixed results about the relationship of ownership...
Persistent link: https://www.econbiz.de/10010499563
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This paper examines the impact of board independence on corporate social responsibility (CSR) disclosure and analyses the moderating effect of the presence of family ownership. Using an international sample from 29 countries from 2006 to 2014, our panel Tobit estimation shows that board...
Persistent link: https://www.econbiz.de/10012125549