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Based on the agency theory, this paper analyzes whether family firms pay more dividends compared to no-family firms and identifies whether the board composition affects the dividend policy. Brazil and Chile have established mandatory dividends, retain lower cash holdings, pay higher dividends...
Persistent link: https://www.econbiz.de/10012434254
This study investigates how family ownership and governance structures influence the adoption of decent work practices in listed family firms in Latin America between 2010 and 2019. Decent work, as defined by the International Labor Organization, includes fair working conditions, job security,...
Persistent link: https://www.econbiz.de/10015375517
From the perspective of agency and socio-emotional theories, the family firm's innovation behavior differs from non-family companies. We investigate the relationship be-tween the family element and Research and Development (R&D) investment, and how the moderating effect of the board composition...
Persistent link: https://www.econbiz.de/10014506637
Despite the fact that the family business study has a history and multiple theories that supports research, there is still a need to use approaches that allow a better understanding of the business, starting from the members of the family that comprise it. This research makes a review of the...
Persistent link: https://www.econbiz.de/10013341607