Comparative Efficiency of Family and Corporate Farms: Does Family Labour Matter?

Does Corporate Governance Really Matter?

We examine the relation between a broad set of corporate governance factors and various measures of managerial behavior and organizational performance. Using a sample of 2,126 firms we distill 38 structural measures of corporate governance (e.g., board characteristics, stock ownership, anti-takeover variables etc.) to 13 governance factors using principal components analysis. For a wide set of ...

Family Firms, Corporate Governance and Export

This paper investigates the effects of family ownership on export using rich data on Italian firms. We find that family ownership increases the probability that firms export. This benefit is especially pronounced when family owners retain control rights and seek the support of external managers. The results suggest that families better internalize the long-run benefits of internationalization, ...

Toward a Comparative Perspective on Corporate Governance and Labour Management

While stakeholder models of corporate governance support long-term employment, recent reforms have promoted shareholder-oriented corporate governance worldwide. Will reform cause employment to converge on a market system? This paper presents a comparison of the linkages between corporate governance and employment patterns in 22 countries using the QCA method (Qualitative Comparative Analysis). ...

Diabetes: a family matter.

Does fairness matter in corporate takeovers?

In interviews with the two head negotiators for a buying and a selling company in a Swedish takeover, a fair price was found to play an important role. A stated reason was that the companies wanted to do business in the future. To further test the importance of fairness, 88 graduate students of business administration playing the role of buyers were asked to evaluate selling prices in ®ctitious...