scholarly journals Innovation and Family Ownership: Empirical Evidence from India

2013 ◽  
Vol 22 (1) ◽  
pp. 4-23 ◽  
Author(s):  
Suman Lodh ◽  
Monomita Nandy ◽  
Jean Chen
Keyword(s):  
Empirical Evidence ◽  
Family Ownership

scholarly journals Do families shape corporate governance structures?

2009 ◽  
Vol 15 (3) ◽  
pp. 327-345 ◽  
Author(s):  
María Sacristán Navarro ◽  
Silvia Gómez Ansón
Keyword(s):  
Corporate Governance ◽  
Empirical Evidence ◽  
Family Firms ◽  
Family Firm ◽  
Family Ownership ◽  
Governance Structures ◽  
Listed Firms ◽  
Board Committees ◽  
Spanish Family ◽  
Open Question

AbstractThis paper provides empirical evidence of family firm corporate governance structures, by examining a set of corporate governance characteristics of 132 non-financial Spanish listed firms. Results show that family firm boards present differential characteristics and that different patterns of family ownership configurations do not affect family firm corporate governance structures. We find that Spanish family firm boards are smaller than those in non-family firms. Family firm directors own a larger fraction of firm shares and have longer Chairman tenure than non-family firms, and family firms use fewer voluntary board committees – such as nomination and remuneration committees and executive committees. Besides, family firm boards and committees are biased towards insiders. Whether these differential characteristics affect other minority non-family shareholders negatively remains an open question.

Sales and Employment Changes in Entrepreneurial Ventures with Family Ownership: Empirical Evidence from High-Tech Industries

2014 ◽  
Vol 52 (2) ◽  
pp. 226-245 ◽  
Author(s):  
Massimo G. Colombo ◽  
Alfredo De Massis ◽  
Evila Piva ◽  
Cristina Rossi-Lamastra ◽  
Mike Wright
Keyword(s):  
Empirical Evidence ◽  
High Tech ◽  
Family Ownership ◽  
Entrepreneurial Ventures

scholarly journals The Role of Political Connections and Family Ownership in Increasing Firm Value

2021 ◽  
Vol 10 (1) ◽  
pp. 40-53
Author(s):  
Momon ◽  
Lela Nurlaela Wati ◽  
Sutar
Keyword(s):  
Empirical Evidence ◽  
Ownership Structure ◽  
Firm Value ◽  
Business Environment ◽  
Political Connections ◽  
Family Ownership ◽  
Governance Mechanism ◽  
Manufacturing Companies ◽  
The Family ◽  
A Company

In the face of business competition, a company strategy is needed by seeking and exploiting opportunities in the business environment, one of which is through political connections. Ownership structure plays an essential role in the company to determine the firm performance. The high concentration of family ownership has the power to reduce agency conflicts between management and stakeholders in a company. Concentrated ownership can serve as corporate governance mechanism for better and effective monitoring of management. This study was conducted to determine empirical evidence of the effect of political connections and family ownership structure on firm value. The sample in this study was 390 data of the manufacturing company. The data analysis used is moderating regression analysis. The results of this study are a positive influence of political connections and family ownership structure on firm value. The results showed that the more the company had a strong political connection and was controlled by the family, the more the firm value would increase. The interaction of political connections can strengthen the influence of family ownership on firm value. It proves that the family ownership structure plays a role in determining political connections in Indonesia, especially in manufacturing companies. The existence of empirical evidence that shows that the firm value controlled by a politically connected family is higher than companies that are not connected politically, which implies investors to invest in companies that are politically connected and companies controlled by families with majority ownership because it is proven to increase firm value.

scholarly journals Family ownership, information problem and firm performance

2021 ◽  
Vol 10 (6) ◽  
pp. 73-82
Author(s):  
Reajmin Sultana
Keyword(s):  
Information Asymmetry ◽  
Empirical Evidence ◽  
Family Business ◽  
Family Firms ◽  
Agency Problems ◽  
Family Ownership ◽  
Research Papers ◽  
Future Directions ◽  
Research Gap ◽  
Information Problem

This paper reviews recent corporate financial literature dealing with family business issues. It discusses research papers that explain the nature and type of agency problems in family firms. It provides empirical evidence of the association of family ownership with information asymmetry. It also portrays the influence of family firms over corporate disclosures. We have analyzed literature to explain the empirical association between family ownership, and so ownership control, and firm performances. This paper also attempts to find out the research gap based on reviewed papers and tries to give the future directions of research in this regard.

scholarly journals Family ownership concentration and real earnings management: Empirical evidence from an emerging market

2020 ◽  
Vol 8 (1) ◽  
pp. 1751488 ◽  
Author(s):  
Belal Ali Abdulraheem Ghaleb ◽  
Hasnah Kamardin ◽  
Mosab I. Tabash ◽  
Muhammad Shafiullah
Keyword(s):  
Earnings Management ◽  
Empirical Evidence ◽  
Emerging Market ◽  
Real Earnings Management ◽  
Ownership Concentration ◽  
Family Ownership

scholarly journals Aggressive Tax Avoidance Determinant Factors of Cg Rankings 100 Public Companies by Indonesian Institute for Corporate Directorship

2020 ◽  
Vol 6 (1) ◽  
pp. 35
Author(s):  
Ani Kusbandiyah ◽  
Norlia Mat Norwani ◽  
Mohd Abdullah Jusoh
Keyword(s):  
Corporate Governance ◽  
Empirical Evidence ◽  
Tax Avoidance ◽  
Secondary Data ◽  
Financial Statements ◽  
Foreign Ownership ◽  
Research Data ◽  
Family Ownership ◽  
Public Companies ◽  
Aggressive Tax Avoidance

This research aims to obtain empirical evidence of whether there is influence family ownership, foreign ownership, corporate governance, permanent different and temporary different of aggressive tax avoidance. Research data are secondary data form of financial statements information 100 CG rankings of public companies by Indonesian Institute for Corporate Directorship. period 2013 – 2016. The results of this study concluded that foreign, family ownership, and permanent different negatively influence toward, aggressive tax avoidance, but corporate governance and temporary different no influence toward aggressive tax avoidance. The results of this research at showed from Sig value of foreign ownership 0.014 less than 0.05, family ownership 0.22 less than 0.05, permanent different 0.60 less than 0.10. But sig value of corporate governance 0.405 more than 0.05 and temporary different 0.289 more than 0.05.

Sustainability reporting in Indonesian listed banks

2019 ◽  
Vol 21 (2) ◽  
pp. 231-247
Author(s):  
Prihatnolo Gandhi Amidjaya ◽  
Ari Kuncara Widagdo
Keyword(s):  
Panel Data ◽  
Empirical Evidence ◽  
Sustainability Reporting ◽  
Foreign Ownership ◽  
Family Ownership ◽  
Content Type ◽  
Panel Data Regression ◽  
Content Analysis Method ◽  
Data Regression ◽  
Sustainable Finance

Purpose The purpose of this paper is to find empirical evidence of ownership structure and corporate governance (CG) effect on sustainability reporting in Indonesian listed banks. The study also tries to describe sustainability reporting disclosure practice. Design/methodology/approach The authors analyze balanced panel data with a total of 155 observations from 2012 to 2016 using panel data regression. Findings The findings present empirical evidence that sustainability reporting in Indonesian listed banks is still low. CG, foreign ownership and family ownership positively influence sustainability reporting. Further, the authors find that family ownership weakens the effect of CG while foreign ownership has no significant moderating role. Digital banking is not a significant determinant and OJK sustainable finance roadmap is evidenced to have no impression on bank intention to produce sustainability report. Research limitations/implications The use of content analysis method for variable measurement may contain subjectivity substance from the researcher’s perspective. Further research works need confirmation from independent parties with expertise in this subject. Further research works can also implement the mixed method by combining quantitative and qualitative approach to gain better quality. Practical implications The result of this study underlines the need for sustainability reporting improvement, followed by suggestions for Indonesian banking regulator. Originality/value This paper provides a description of Indonesian banks sustainability reporting and evidence of CG and controlling owner’s role in its practice. The research presents a novelty, examining the role of digital banking as determinant.

scholarly journals Do families shape corporate governance structures?

2009 ◽  
Vol 15 (3) ◽  
pp. 327-345 ◽  
Author(s):  
María Sacristán Navarro ◽  
Silvia Gómez Ansón
Keyword(s):  
Corporate Governance ◽  
Empirical Evidence ◽  
Family Firms ◽  
Family Firm ◽  
Family Ownership ◽  
Governance Structures ◽  
Listed Firms ◽  
Board Committees ◽  
Spanish Family ◽  
Open Question

AbstractThis paper provides empirical evidence of family firm corporate governance structures, by examining a set of corporate governance characteristics of 132 non-financial Spanish listed firms. Results show that family firm boards present differential characteristics and that different patterns of family ownership configurations do not affect family firm corporate governance structures. We find that Spanish family firm boards are smaller than those in non-family firms. Family firm directors own a larger fraction of firm shares and have longer Chairman tenure than non-family firms, and family firms use fewer voluntary board committees – such as nomination and remuneration committees and executive committees. Besides, family firm boards and committees are biased towards insiders. Whether these differential characteristics affect other minority non-family shareholders negatively remains an open question.

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