State-owned firms and foreign-owned firms in China are not; Secondly, the geographical and sectoral presence of foreign … restructuring of the state-owned sector and further liberalization of foreign capital inflows in China can help to circumvent …

Little is known about the relationship between family firms and their employees. This paper aims to close this gap. We … distinguish between family management and family ownership as two dimensions of family firms and analyze their respective … influence on downsizing. Our findings show that family management decreases the likelihood of downsizing, whereas the extent of …

This study examines how family firm characteristics affect capital structure decisions. In our analysis we disentangle … the influence of three distinct components of a family firm: ownership, supervisory and management board activities by the … founding family. Thereby, we use a unique panel dataset of 660 publicly listed companies (5,135 firm years) in the broadest …

strong family capitalism. We find that family firms exhibit a higher propensity and level for both dividend payments and … total payouts. This result is driven by family ownership rather than family management. Conflicts between the founding … family and non-family controlling shareholders and tensions within the founding family are important determinants of payout …

Family owners monitor managers, attenuating principal–agent conflicts and improving firm performance. However, family … when the family's involvement on the board of directors is proportional to its ownership; too little board involvement … from French panel data shows firm performance increases as family board involvement and family ownership jointly increase …

that most ownership identities such as institutional ownership, government ownership, inside ownership, and family …

characteristic of companies deciding to engage in exporting or foreign direct investment (FDI). However, there does not seem to be a …

of foreign direct investment and exporting on the innovation performance of services firms in Ireland. Our research shows …