Do family firms provide more or less voluntary disclosure?

• Main Authors: CHEN, Xia, CHEN, Shuping, CHENG, Qiang
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2008
• 主題: Accounting; Corporate Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research/819; https://ink.library.smu.edu.sg/context/soa_research/article/1818/viewcontent/CHEN_et_al_2008_Journal_of_Accounting_Research__2_.pdf
• 機構: Singapore Management University

We examine the voluntary disclosure practices of family firms. We find that, compared to nonfamily firms, family firms provide fewer earnings forecasts and conference calls, but more earnings warnings. Whereas the former is consistent with family owners having a longer investment horizon, better mon...