Firm value effects of family corporate group affiliation in the Philippines

• Main Authors: Del Mundo, Daniel Jan E., Kho, Evann Sanders F., Limlingan, Ricky F., See, Joahnna T.
• Format: text
• Language: English
• Published: Animo Repository 2007
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14763
• Institution: De La Salle University

Corporations have come up with governance mechanism to reduce the costs associated with management self-dealing the most common perhaps is through family block ownership. Studies have shown that ownership yields the positive effect of reducing the owner-manager conflict of interests, but it also yie...