Prior empirical research finds positive, negative and neutral relationships between family involvement in business and firm performance. We argue that some of the challenges that have plagued empirical research in this field are related to the measurement of family involvement in business....

We develop and test hypotheses derived from a multi-level theoretical framework for understanding factors shaping the credit risk and capital structure of a quintessentially Asian form of investment known as project finance. It differs from other corporate financing approaches. A project company...

International business research has long acknowledged the importance of regional factors for foreign direct investment (quot;FDIquot;) by multinational corporations (quot;MNCsquot;). However, significant differences when defining these regions obscure the analysis about how and why regions...

This paper develops an organizational approach to corporate governance and assesses the effectiveness of corporate governance and implications for policy. Most corporate governance research focuses on a universal link between corporate governance practices (e.g. shareholder activism, board...

In this paper we present a model to evaluate transient industry effects, that is, the impact of business cycles on the industry. While the importance of the economic cycle for industry and firm performance is widely recognized, we do not know much about how much the business cycle influences...

Family firms can be thought of as heterogeneous configurations where ownership, governance, management and succession components are often intertwined. Previous works have typically used definitions of family firm based on one or more of these components. In this empirical work we seek to...