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Board composition is central to the worldwide corporate governance reforms that have taken place in recent years. The strong emphasis on director independence and board leadership is now part of all corporate governance regimes, including the regimes which has been introduced in Malaysia. It is...
Persistent link: https://www.econbiz.de/10012176407
Corporate innovation plays a crucial role in maintaining competitiveness and enhancing firm value. However, despite being the world's leading manufacturing nation, the role of managerial ownership in fostering innovation within the Chinese manufacturing industry has not received adequate...
Persistent link: https://www.econbiz.de/10014533534
owners and managers, between family shareholders, and with the family at large. Key agreements include training and …
Persistent link: https://www.econbiz.de/10014281542
The study examines the structure of ownership and management of family businesses and investigates whether it influences the performance of family businesses or not. The interplay between family, ownership, and management of business creates a setting for family businesses that promotes the...
Persistent link: https://www.econbiz.de/10012666021
This paper examines the relationship between family ownership and firm performance over the period 2009-2017 for a large sample of French-listed firms. Previous research showed that family ownership can bring both benefits and costs to firms. Empirical results in whether it enhances or...
Persistent link: https://www.econbiz.de/10013464670
This paper offers new evidence on the relationship between contractual institutions, family management, and aggregate performance. The study creates a new firm-level database on management and ownership structures spanning 134 regions in 11 European countries. To guide the empirical analysis, it...
Persistent link: https://www.econbiz.de/10012008335
We provide a comprehensive study of how different corporate governance mechanisms influence corporate innovation. Using panel data regression analysis across a sample of more than 13,600 firm-years for firms based in the United States between 1996-2010, we find that entrenched boards, though...
Persistent link: https://www.econbiz.de/10013459366
The paper examines the effect of family ownership concentration (FMOC) on real earnings management (REM) in manufacturing firms listed on Bursa Malaysia (formerly known as Kuala Lumpur Stock Exchange). Data are gathered from 1,056 firm-year observations for the four-year period from 2013 to...
Persistent link: https://www.econbiz.de/10012215197
This study aims to explore the relationship between corporate governance and financial performance of publicly listed family and non-family firms in the Japanese manufacturing industry. The study obtains data from Bloomberg over the period 2014-2018 and covers 1412 firms comprising of 861...
Persistent link: https://www.econbiz.de/10012384365
where the family does not hold the majority in the board should be open to receive external managers with greater knowledge … better performance should have boards either primarily composed of external managers, potentially more independent or …
Persistent link: https://www.econbiz.de/10012515572