Large shareholders and firm performance--An empirical examination of founding-family ownership

By C. Andres. 2008

788 citations recorded by the source corpus.

Subfields: Accounting, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/89e247bc636737f6434e3b7791377fdb6e05046b

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In Organizational Behavior and Human Resource Management

Citations in the corpus

How do managerial successions shape corporate financial policies in family firms (2011, background): “…2001)posing a threat to factors suchas longer investmenthorizons, reputational concerns and diminished agency conflicts betweenmanagers and owners, which often lead to superior performance compared to non-family firms (Anderson and Reeb, 2003a; Andres, 2008;Maury, 2006; Sraer and Thesmar, 2007).”
Doing More with Less: Innovation Input and Output in Family Firms (2016, positive): “Previous studies in this research stream have shown that founder-led firms differ from other firms and that they often outperform both nonfamily firms and family firms that are controlled by later generations (Andres, 2008; Miller et al., 2007).”
Family ownership, financing constraints and investment decisions (2011, neutral): “…the influence of the so-called ‘founder effect’ observed in various performance studies of family firms (e.g. Anderson and Reeb (2003a) for the US, Andres (2008) for Germany), the family dummy variable was broken down into three sub-categories: a family firm is ‘founder-controlled’ if the…”
Impact of supply base structural complexity on financial performance: Roles of visible and not‐so‐visible characteristics (2017, background): “First, unlike horizontal and vertical complexity, spatial complexity affects financial performance mainly by exposing the buyer to different resource locations (Ang and Inkpen, 2008).”
Ownership Structure and Firm Performance: Evidence from Vietnamese Listed Firms (2016, background): “Dividend payout does not play a role in explaining the relationship between state ownership and firm performance as the results are not significant, in accordance with Andres (2008).”
Financial Decision Making in Family Firms (2014, background): “Indeed, there is an increasing body of work on family firm financing (e.g., Amore et al., 2011; Andres, 2008; Bagnoli, Liu, & Watts, 2011; Croci, Doukas, & Gonenc, 2011; Koropp et al., 2013; Steijvers & Voordeckers, 2009), which has produced a rather diverse picture of family firm financing.”
Owner‐Management, Firm Age, and Productivity in Italian Family Firms (2014, background): “…(2012) point out, some studies show that family firms outperform non family firms in a variety of environmental settings (Anderson and Reeb, 2003; Andres, 2008; Lee, 2006; McConaughy et al., 2001; Sraer and Thesmar, 2007), whereas others suggest that family firms persistently underperform when…”