Investment policy in family controlled firms

By Ronald C. Anderson, Augustine Duru, David M. Reeb. 2012

354 citations recorded by the source corpus.

Subfields: Accounting, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/e0c0a133fe5acadfa32bc73295826cb75b6619ef

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In Accounting

In Organizational Behavior and Human Resource Management

Citations in the corpus

Risk aversion in family firms: what do we really know? (2012, background): “Moreover, they themselves may act as non-family minority investors who might actively influence family firms’ risk aversion through directorship positions held in the family firm (Anderson et al., 2012).”
The Global Financial Crisis, Family Control, and Dividend Policy: The Global Financial Crisis, Family Control, and Dividend Policy (2016, positive): “A large body of literature provides much insight on the impact of family control on firms’ investment decisions (Anderson et al., 2012; Masulis, Pham, and Zein, 2011), cost of equity capital (Boubakri, Guedhami, and Mishra, 2010), agency cost of debt (Anderson, Mansi, and Reeb, 2003), corporate disc”
National culture and corporate investment (2013, methodology): “Following Anderson et al. (2012), we construct two measures of R&D productivity: (1) the number of patents registered with USPTO, scaled by total R&D expense (or the country’s population) in a country-year; and (2) the number of citations of a country’s patents in a year, scaled by total R&D expense”
Family Firm Research – A Review (2014, neutral): “Anderson et al. (2003) further investigate the issue from the angle of the cost of debt.”
Corporate cash holdings: Causes and consequences (2015, positive): “Also, their long-term commitment to the firm lessen agency conflicts with debt holders which induce the firm to undertake safer projects resulting a lower cost of debt financing (Anderson et al., 2003 and Anderson et al., 2012) and both factors tend to reduce the precautionary demand for cash. Howev”
Doing More with Less: Innovation Input and Output in Family Firms (2016, positive): “…firms have been shown to differ from other firms in organizational behavior such as diversification (G´omez-Mej´ ı a, Makri, & Larraza-Kintana, 2010), internationalization (Zahra, 2003), and investment policies, particularly with respect to investment time horizons (Anderson, Duru, & Reeb, 2012).”