Cheng, Minying; Chen, Menglu; Liu, Jun - In: China journal of accounting studies 11 (2023) 1, pp. 29-54
This paper explores how Confucianism influences the altruistic behaviour during family firm successions. Using a sample … family firms deeply influenced by Confucianism intend to take a big bath via asset write-downs in the year before the … succession. Confucianism has stronger influence on altruism when the successor have closer blood relationship with the founder …