Le, Linh; Nie, Dongfang - In: Journal of Accounting and Management Information … 19 (2020) 4, pp. 759-777
Research Question: Are controlled companies underperforming in the United States? Motivation - Anecdotal evidence shows that the average market capitalization of controlled firms increased from $8.3 billion in 2005 to $20.6 billion in 2015. Given the rapid increase in capitalization, the group...