Family Ownership and Firm Value: Perspective to Related-party Transaction and Wealth Transfer

키워드

참고문헌 (36)

1. Ronald C. Anderson, "Founding-Family Ownership and Firm Performance: Evidence from the S&P 500", The Journal of Finance, 58(3), pp.1301~1328 (2003), Wiley-Blackwell[DOI]
2. Ayranci, E. A., "A Study on the Influence of Family on Family Businesses and its Relationship to Satisfaction with Financial Performance", E+M Ekonomie a Management, 17(2), pp.87~105 (2014)[DOI]
3. Roberto Barontini, "The Effect of Family Control on Firm Value and Performance: Evidence from Continental Europe", European Financial Management, 12(5), pp.689~723 (2006), Wiley-Blackwell[DOI]
4. M. Burkart, "Large Shareholders, Monitoring, and the Value of the Firm", The Quarterly Journal of Economics, 112(3), pp.693~728 (1997), Oxford University Press (OUP)[DOI]
5. James Jinho Chang, "Family ownership and performance in Korean conglomerates", Pacific-Basin Finance Journal, 15(4), pp.329~352 (2007), Elsevier BV[DOI]
6. 최우석, "오너경영과 기업성과에 관한 실증연구", 재무연구, 18(1), pp.121~155 (2005), 한국재무학회
7. Chua, J. H., "Defining the Family Business by Behavior", Entrepreneurship Theory and Practice, 23(4), pp.19~39 (1999)
8. Kee H. Chung, "A Simple Approximation of Tobin's q", Financial Management, 23(3), pp.70~ (1994), Wiley-Blackwell[DOI]
9. Stijn Claessens, "The separation of ownership and control in East Asian Corporations", Journal of Financial Economics, 58(1-2), pp.81~112 (2000), Elsevier BV[DOI]
10. Wayne R. Guay, "Executive Equity Compensation and Incentives: A Survey", SSRN Electronic Journal (2001), Elsevier BV[DOI]
11. Harry DeAngelo, "Controlling stockholders and the disciplinary role of corporate payout policy: a study of the Times Mirror Company", Journal of Financial Economics, 56(2), pp.153~207 (2000), Elsevier BV[DOI]
12. Demsetz, H., "The Structure of Corporate Ownership: Causes and Consequences", Journal of Political Economy, 93, pp.1155~1177 (1985)[DOI]
13. Sytse Douma, "Foreign and domestic ownership, business groups, and firm performance: evidence from a large emerging market", Strategic Management Journal, 27(7), pp.637~657 (2006), Wiley-Blackwell[DOI]
14. Fama, E., "Agency Problem and the Theory of the Firm", Journal of Political Economy, 88, pp.288~307 (1980)
15. Gomez-Mejia, L., "The Determinants of Executive Compensation in Family-controlled Public Corporations", Academy of Management Journal, 46(2), pp.226~241 (2003)
16. David G. Hoopes, "Ownership Preferences, Competitive Heterogeneity, and Family-Controlled Businesses", Family Business Review, 19(2), pp.89~101 (2016), SAGE Publications[DOI]
17. Sung Wook Joh, "Corporate governance and firm profitability: evidence from Korea before the economic crisis", Journal of Financial Economics, 68(2), pp.287~322 (2003), Elsevier BV[DOI]
18. Euysung Kim, "The Impact of Family Ownership and Capital Structures on Productivity Performance of Korean Manufacturing Firms: Corporate Governance and the 'Chaebol Problem'", SSRN Electronic Journal (2005), Elsevier BV[DOI]
19. Kim K. P., "The Effects of Co-Brand Marketing Mix Strategies on Customer Satisfaction, Trust, and Loyalty for Medium and Small Traders and Manufacturers", E & M Economics and Management, 17(1), pp.140~151 (2014)[DOI]
20. René M. Stulz, "Tobin's q, Corporate Diversification, and Firm Performance", Journal of Political Economy, 102(6), pp.1248~1280 (1994), University of Chicago Press[DOI]
21. Michael L. Lemmon, "Ownership Structure, Corporate Governance, and Firm Value: Evidence from the East Asian Financial Crisis", SSRN Electronic Journal (2001), Elsevier BV[DOI]
22. Eric B. Lindenberg, "Tobin's $q$ Ratio and Industrial Organization", The Journal of Business, 54(1), pp.1~ (1981), University of Chicago Press[DOI]
23. Lins, K., "Equity Ownership and Firm Value in Emerging Markets", Journal of Financial and Quantitative Analysis, 38, pp.159~184 (2003)[DOI]
24. Litz, R. A., "The Family Firm’s Exclusion from Business School Research : Explaining the Void;Addressing the Opportunity", Entrepreneurship Theory and Practice, 21(3), pp.55~71 (1997)
25. Daniel L. McConaughy, "Founding family controlled firms: Efficiency and value", Review of Financial Economics, 7(1), pp.1~19 (1998), Elsevier BV[DOI]
26. Byung-Seong Min, "Outsider Board Activity, Ownership Structure and Firm Value: Evidence from Korea", International Review of Finance, 13(2), pp.187~214 (2013), Wiley-Blackwell[DOI]
27. Randall Morck, "Management ownership and market valuation", Journal of Financial Economics, 20, pp.293~315 (1988), Elsevier BV[DOI]
28. Odehnalová, P., "Agent-based Simulation of Development Stages of Family Businesses", E+M Ekonomie a Management, 12(4), pp.77~83 (2009)
29. Francisco Pérez-González, "Inherited Control and Firm Performance", American Economic Review, 96(5), pp.1559~1588 (2006), American Economic Association[DOI]
30. William S. Schulze, "Agency Relationships in Family Firms: Theory and Evidence", Organization Science, 12(2), pp.99~116 (2001), Institute for Operations Research and the Management Sciences (INFORMS)[DOI]
31. Henri Servaes, "The Value of Diversification During the Conglomerate Merger Wave", The Journal of Finance, 51(4), pp.1201~ (1996), JSTOR[DOI]
32. Shleifer, A., "A Survey of Corporate Governance", Journal of Finance, 52, pp.737~783 (1997)
33. Brian F. Smith, "Management succession and financial performance of family controlled firms", Journal of Corporate Finance, 5(4), pp.341~368 (1999), Elsevier BV[DOI]
34. RenéM. Stulz, "Managerial control of voting rights", Journal of Financial Economics, 20, pp.25~54 (1988), Elsevier BV[DOI]
35. Paul Westhead, "Ownership and Management Issues Associated With Family Firm Performance and Company Objectives", Family Business Review, 19(4), pp.301~316 (2016), SAGE Publications[DOI]
36. Westhead, P., "Family Firm Research : The Need for a Methodological Rethink", Entrepreneurship Theory and Practice, 23(1), pp.31~56 (1998)

관련 논문AI추천