This article compared the relationships among management control systems (MCS), business strategy and firm performance in family businesses (FBs) and non-family businesses (NFBs) in the context of a transition economy in sub-Saharan Africa that has not been previously studied – Ghana. The...

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While many theories of accounts payable and receivable are related to firm performance, there has not been a direct test whether firms actively use them to manage their growth. We argue that it is not just the accounts payable but also the accounts receivable that matter. While the former help...

The importance of corporate governance is gaining its momentum due to volatile business environment. The financial crisis showed that an efficient corporate governance practice, which can align and balance conflicting interests of various stakeholders (shareholders, creditors, customers,...

It has been argued that the Chinese state sector is advancing at the cost of the private sector. Focusing on publicly listed firms which are divided into state- and private-controlled firms, we investigate preferential access to debt and effects on firm performance. Focusing on the large...

We gauge the prevalence and performance of firms founded as employee spinoffs, relative to other new firms with and without parents, and relative to diversification ventures of existing firms entering new industries. Using a comprehensive linked employer–employee database from Brazil for the...

In this study, the effect of business firms carrying on business in Central Black Sea Region of Turkey on the performance of these firms. Especially how it affected SMEs (Small and Medium Sized Enterprises) was analyzed. When particularly considering the effects of business that have SME quality...

This study provides comparative evidence on ex ante performance of domestic and foreign takeover targets in Germany for the first time. Germany is one of the most important FDI inflow destinations worldwide. Using a new database from German official statistics, unconditional comparisons as well...

Arguments for increasing gender diversity on boards of directors range from ensuring equal opportunity to improving firm performance, but the empirical results are mixed and often negative. Current research does not justify gender quotas on grounds of economic efficiency. Furthermore, in most...

The purpose of this paper is to examine corporate governance mechanisms applied to a particular form of ownership structure: the privatization. Using, a series of statistical and econometric analysis, we show that privatization is likely to occur in an environment that validates supports and...