We argue that changes in the inheritance system affect incentives leading to sibling rivalry among descendants and … therefore have a material impact on family firm performance. Using South Korea's 1991 inheritance law reform that stipulates the … that changing to equal bequests of inheritance has a positive effect on firm value by providing better-aligned incentives …

This paper examines one of the most important concepts of intestate succession – inheritance by right of representation … French civil codes as well as the grounds for succession; examines the limitations on inheritance by right of representation … study, the author makes proposals on the improvement of the concept of inheritance by right of representation in Russia and …

motive and inheritance tax. Japanese household panel data show that empty nests are more pronounced for elderly, non … more likely. The motive to bequeath housing is influenced by the inheritance-tax benefit of housing in addition to income …, wealth, and better housing structures. Thus, the inheritance-tax benefit of housing exacerbates a long-term empty nest …

How can agricultural inheritance traditions affect structural change and economic development in rural areas? The most … inheritance traditions to the local allocation of labor and capital and to municipal development. First, we show that among …, we conduct OLS and fuzzy spatial RDD estimates for Baden-Württemberg in the 1950s and today. We find that inheritance …