Showing 1 - 10 of 5,703
The purpose of this study is to investigate the impact of control structures on the value of family-controlled firms in … Turkiye, an emerging market. Turkish firms are usually affiliated with family-controlled business groups. Families control …. However, the voting-ownership rights wedge does not affect firm valuation. This study also shows that foreign-family coalition …
Persistent link: https://www.econbiz.de/10014383516
China, we examined the relationship between corporate acquisition type and industrial performance and the moderating effects …
Persistent link: https://www.econbiz.de/10013258684
The phenomenon of family governance in Chinese family businesses may not only signal a high second-party agency cost … structure. Based on the theory of signal transmission, this paper studies the degree of influence of Chinese family governance … on the corporate value of Chinese family businesses and the signaling role played by corporate financial performance in …
Persistent link: https://www.econbiz.de/10013164604
investment and family board involvement in family enterprises. Secondary data on listed Chinese family small- and medium …-sized enterprises from 2015 to 2019 was accessed via the China Stock Market and Accounting Research database and analysed using … Chinese family SMEs. This study also found the moderating effect of family board involvement could inhibit the positive …
Persistent link: https://www.econbiz.de/10014438926
This paper uses micro data from the Indonesian Census of Manufacturing to analyze the causal relationship between foreign ownership and plant productivity. To control for the possible endogeneity of the FDI decision, the difference in differences approach is combined with a matching technique....
Persistent link: https://www.econbiz.de/10012554066
This study investigates whether the cultural distance between Korea and the home countries of foreign subsidiaries in Korea affects the subsidiaries’ financial performance. It contributes to the literature on international business in that it sheds light on cultural distance, a...
Persistent link: https://www.econbiz.de/10012193837
-selling shows a weaker external governance effect on firm value creation by family businesses in China. A robust test of alternative … firm value in the Chinese context. The effect of family businesses is also examined as a moderator of the relationship … findings also established that family ownership weakens firm value with the availability of short-selling, which indicates that …
Persistent link: https://www.econbiz.de/10012587719
moderators in this relationship. Data were collected from 103 Chinese new ventures and China's inward FDI for 2017. The findings …
Persistent link: https://www.econbiz.de/10014388826
We investigate how formal institutional distance (FID) moderates the cultural distance (CD) and financial performance relationships of foreign subsidiaries of firms. Following recent research, we estimate the asymmetric effects of CD by considering its size and direction towards host countries...
Persistent link: https://www.econbiz.de/10014391569
Objective: The objective of the article is to investigate the moderating role of internationalisation motives on the multinationality-performance relationship of Polish firms. Research Design & Methods: Our article uses panel regression models on a dataset of 97 Polish listed "new" MNEs with...
Persistent link: https://www.econbiz.de/10012520014