This study investigates the effects of ownership structures and corporate governance on firms' performance in the Chinese capital market, which is in the early developmental stage of a socialist market economy. First, we examined companies that issued "A" stock listed on Shanghai and Shenzhen...

This study explores the association between the complex pyramid ownership structure and firm's market performance at Chinese and Pakistani firms, and the effect of efficient judiciary on this relationship. Previous studies report that Pakistani pyramidal firms have complex ownership structure,...

The change of governance model in the succession of family firms will have an important impact on firm performance. Based on the widespread altruism and conflicts in family firms, this paper proposes a theoretical model to explain the relationship among succession, corporate governance reform...