Family-Concentrated Ownership in Chinese PLCs: Does Ownership Concentration Always Enhance Corporate Value?

In this paper we investigate the relationship between family ownership structure and corporate value across a sample of 1314 firm-year observations of China’s family publicly listed companies (PLCs), from 2004 to 2008. We find a significant inverse-U-shaped relationship between the controlling famil...

وصف كامل

التفاصيل البيبلوغرافية
الحاوية / القاعدة:International Journal of Financial Studies
المؤلفون الرئيسيون: Jin-Hui Luo, Heng Liu
التنسيق: مقال
اللغة:الإنجليزية
منشور في: MDPI AG 2014-02-01
الموضوعات:
الوصول للمادة أونلاين:http://www.mdpi.com/2227-7072/2/1/103