(Pathway to Minority Shareholder Protection: Derivative Actions in the Peoplees Republic of China)

2012 ◽  
Author(s):  
Donald C. Clarke ◽  
Nicholas Calcina Howson
Keyword(s):  
Minority Shareholder ◽  
Republic Of China ◽  
Shareholder Protection ◽  
Minority Shareholder Protection

scholarly journals Family Firms and Labor Relations

2011 ◽  
Vol 3 (2) ◽  
pp. 218-245 ◽  
Author(s):  
Holger M Mueller ◽  
Thomas Philippon
Keyword(s):  
Fixed Effects ◽  
Family Firms ◽  
Labor Relations ◽  
Minority Shareholder ◽  
Family Ownership ◽  
Shareholder Protection ◽  
Minority Shareholder Protection ◽  
The Relationship

This paper examines the relationship between family ownership and the quality of labor relations. We find that family ownership is more prevalent in countries in which labor relations are hostile, consistent with the notion that family firms are particularly effective at coping with difficult labor relations. Our results are robust to controlling for minority shareholder protection and other potential determinants of family ownership. To address endogeneity issues, we show that, controlling for industry- and country-fixed effects, industries that are more labor dependent have relatively more family ownership in countries with worse labor relations. (JEL G32, G34, J52, J53)

Pathway to minority shareholder protection

2012 ◽  
pp. 243-295 ◽  
Author(s):  
Donald C. Clarke ◽  
Nicholas C. Howson
Keyword(s):  
Minority Shareholder ◽  
Shareholder Protection ◽  
Minority Shareholder Protection
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