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Purpose: The authors study the effects of altruism and intention for succession on family firm's reputation risk-taking behaviors in Chinese publicly listed companies. Design/methodology/approach: The authors use earnings management as a proxy for reputation risk in family firms, and...
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We discuss implementation problems and test approaches for using the full-information approach for estimating divisional betas. For both full-information and pure-play estimates, variations using capital structure adjusted betas perform better than those with raw betas, and those with betas...
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We investigate how family involvement in the ownership, management, or governance of a business affects its engagement in earnings management both directly and indirectly through its corporate social responsibility (CSR) activities. Using a sample of S&P 500 companies, we find that family firms...
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Using a sample of 4,195 observations from 19 emerging markets, we investigate how internal corporate governance, external monitoring, and legal and business environment jointly affect a firm's managerial effectiveness in environmental information transparency in an international setting. The...
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