| Reference: | Amore, M.D., Minichilli, A., 2018. Local political uncertainty, family control, and investment behavior. Journal of Financial and Quantitative Analysis 53, 1781-1804.
Amore, M.D., Minichilli, A., Corbetta, G., 2011. How do managerial successions shape corporate financial policies in family firms?. Journal of Corporate Finance 17, 1016-1027.
Anderson, R.C., Reeb, D.M., 2003. Founding family ownership and firm performance: evidence from the S&P 500. Journal of Finance 58, 1301–1328.
Baker, M., Stein, J.C., Wurgler, J., (2003). When does the market matter? Stock prices and the investment of equity-dependent firms. The Quarterly Journal of Economics 118, 969-1005.
Barber, B.M., Lyon, J.D., 1997. Detecting long-run abnormal stock returns: The empirical power and specification of test statistics. Journal of Financial Economics 43, 341-372.
Bauguess, S., Stegemoller, M., 2008. Protective governance choices and the value of acquisition activity. Journal of Corporate Finance 14, Iss. 5, 550-566.
Bennedsen, M., Fan, J.P., Jian, M., Yeh, Y.H. (2015). The family business map: Framework, selective survey, and evidence from Chinese family firm succession. Journal of Corporate Finance 33, 212-226.
Bennedsen, M., Nielsen, K.M., Pérez-González, F., Wolfenzon, D., 2007. Inside the family firm: The role of families in succession decisions and performance. The Quarterly Journal of Economics 122, 647-691.
Cabrera‐Suárez K., De Saá‐Pérez P., García‐Almeida D., 2001. The succession process from a resource‐and knowledge‐based view of the family firm. Family Business Review 14, 37-48.
Cadieux, L., Lorrain, J., Hugron, P., 2002. Succession in women‐owned family businesses: A case study. Family Business Review 15, 17-30.
Caprio, L., Croci, E., Del Giudice, A., 2011. Ownership structure, family control, and acquisition decisions. Journal of Corporate Finance 17, 1636-1657.
Chen, Q., Goldstein, I., Jiang, W., 2007. Price informativeness and investment sensitivity to stock price. The Review of Financial Studies 20, 619-650.
Chrisman, J.J., Chua, J.H., Kellermanns, F., 2009. Priorities, resource stocks, and performance in family and nonfamily firms. Entrepreneurship Theory and Practice 33, 739-760.
Chrisman, J.J., Chua, J.H., Kellermanns, F.W., & Chang E.P., 2007. Are family managers agents or stewards? An exploratory study in privately held family firms. Journal of Business Research 60, 1030-1038.
Chrisman, J.J., Patel, P.C., 2012. Variations in R&D investments of family and nonfamily firms: Behavioral agency and myopic loss aversion perspectives. Academy of Management Journal 55, 976-997.
Chua, J.H., Chrisman, J.J., Sharma, P., 1999. Defining the family business by behavior. Entrepreneurship Theory and Practice 23, 19-39.
Chua, J.H., Chrisman, J.J., Steier, L.P., 2003. Extending the theoretical horizons of family business research. Entrepreneurship Theory and Practice 27, 331-338.
Cruz, C., Firfiray, S., Gomez-Mejia, L., 2011. Socioemotional wealth and human resource management, hrm) in family-controlled firms. In A. Joshi, J. Martocchio, & H. Liao (Eds.). Research in Personnel and Human Resources Management 30, 159-217.
Cucculelli, M., Micucci, G., 2008. Family succession and firm performance: Evidence from Italian family firms. Journal of Corporate Finance 14, 17-31.
Daspit, J.J., Chrisman, J.J., Ashton, T., Evangelopoulos, N., 2021. Family firm heterogeneity: A definition, common themes, scholarly progress, and directions forward. Family Business Review 34, 296-322.
Daspit, J.J., Holt, D.T., Chrisman, J.J., Long, R.G., 2016. Examining family firm succession from a social exchange perspective: A multiphase, multistakeholder review. Family Business Review 29, 44-64.
Defrancq, C., Huyghebaert, N., Luypaert, M., 2016. Influence of family ownership on the industry-diversifying nature of a firm’s M&A strategy: Empirical evidence from Continental Europe. Journal of Family Business Strategy 7, 210-226.
Dutta, S., Jog, V., 2009. The long-term performance of acquiring firms: A re-examination of an anomaly. Journal of Banking & Finance 33, 1400-1412.
Fahlenbrach, R., 2009. Founder-CEOs, investment decisions, and stock market performance. Journal of Financial and Quantitative Analysis 44, 439-466.
Fama, E.F., MacBeth, J.D., 1973. Risk, return, and equilibrium: Empirical tests. Journal of Political Economy 81, 607-636.
Foucault, T., Frésard, L., 2012. Cross-listing, investment sensitivity to stock price, and the learning hypothesis. The Review of Financial Studies 25, 3305-3350.
Gao, N., Jain, B.A., 2011. Founder CEO management and the long-run investment performance of IPO firms. Journal of Banking & Finance 35, 1669-1682.
Garcia-Alvarez, E., Lopez-Sintas, J., Gonzalvo, P.S., 2002. Socialization patterns of successors in first- to second-generation family businesses. Family Business Review 15, 189-203.
Gomez-Mejia, L.R., Cruz, C., Berrone, P., De Castro, J. (2011). The bind that ties: Socioemotional wealth preservation in family firms. Academy of Management Annals 5, 653-707.
González, L.A.C., Rodríguez, Y.E., Gómez, J.M., Chávez, H., Chea, J., 2021. Family business risk-taking and financial performance: Is it easier said than done?. Journal of Family Business Strategy 12, 100435.
Jiang, F., Jiang, Z., Kim, K.A., Zhang, M., 2015. Family-firm risk-taking: does religion matter?. Journal of Corporate Finance 33, 260-278.
Jiang, L., Kim, J.B., Pang, L., 2011. Control-ownership wedge and investment sensitivity to stock price. Journal of Banking & Finance 35, 2856-2867.
Kau, J.B., Linck, J.S., Rubin, P.H., 2008. Do managers listen to the market?. Journal of Corporate Finance 14, 347-362.
Kim, E.H., Lu, Y., 2011. CEO ownership, external governance, and risk-taking. Journal of Financial Economics 102, 272-292.
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., 1999. Corporate ownership around the world. Journal of Finance 54, 471-517.
Leiß, G., Zehrer, A., 2018. Intergenerational communication in family firm succession. Journal of Family Business Management 8, 75-90.
Mehrotra, V., Morck, R., Shim, J., Wiwattanakantang, Y., 2013. Adoptive expectations: Rising sons in Japanese family firms. Journal of Financial Economics 108, 840-854.
Muñoz-Bullón, F., Sanchez-Bueno, M.J., 2011. The impact of family involvement on the R&D intensity of publicly traded firms. Family Business Review 24, 62-70.
Mussolino, D., Calabrò, A., 2014. Paternalistic leadership in family firms: Types and implications for intergenerational succession. Journal of Family Business Strategy 5, 197-210.
Pérez-González, F., 2006. Inherited control and firm performance. American Economic Review 96, 1559-1588.
Pounder, P., 2015. Family business insights: an overview of the literature. Journal of Family Business Management 5, 116-127.
Schulze, W.S., Lubatkin, M.H., Dino, R.N., Buchholtz, A.K., 2001. Agency relationships in family firms: Theory and evidence. Organization Science 12, 99-116.
Viilalonga, B., Amit, R., 2006. How do family ownership, control and management affect firm value?. Journal of Financial Economics 80, 385-417.
Yeh, Y.H., Liao, C.C., 2021. Are non-family successors all the same? Inside-promoted vs. outside-sourced. Journal of Corporate Finance 71, 102122.
Yu, A., Lumpkin, G.T., Sorenson, R.L., Brigham, K.H., 2012. The landscape of family business outcomes: A summary and numerical taxonomy of dependent variables. Family Business Review 25, 33-57.
Zachary, R.K., 2011. The importance of the family system in family business. Journal of Family Business Management 1, 26-36. |
