Abstract
This monograph reviews 76 published empirical studies in relation to listed family corporations. Existing empirical evidence shows that a substantial proportion of listed corporations around the world are classified as family firms. Family shareholders are characterized as large, undiversified and with long-term investment horizons. These unique attributes are expected to have significant impacts on corporate behaviors. This monograph reviews the impact of family control on firm performance; financing and investment; corporate disclosures; corporate governance; and various socio-economic issues. Limitations of existing empirical studies and future research directions are provided.
Original language | English |
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Pages (from-to) | 237-320 |
Number of pages | 84 |
Journal | Foundations and Trends in Entrepreneurship |
Volume | 10 |
Issue number | 4 |
DOIs | |
Publication status | Published - 20 Mar 2015 |