Are US family firms subject to agency problems? Evidence from CEO turnover and firm valuation
This paper investigates the impact of the founding family's presence in US public firms on the extent of agency problems related to CEO turnover decisions and on firm valuations after poor performance. In particular, we focus on three types of US public firms: family CEO firms, professional CEO...
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Main Authors: | CHEN, Xia, DAI, Zhonglan |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2007
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Online Access: | https://ink.library.smu.edu.sg/soa_research/865 https://ink.library.smu.edu.sg/context/soa_research/article/1864/viewcontent/SSRN_id930824.pdf |
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Institution: | Singapore Management University |
Language: | English |
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