Family ownership, family identity of CEO, and accounting conservatism: evidence from Taiwan

This study investigates how variations in family ownership configurations and identity of the CEO affect firms’ accounting conservatism East Asian economy, Taiwan. To address this objective, extends traditional agency perspective employs a socioemotional wealth framework. Findings document that is positively associated with conservatism, whereas degree of disparity between cash flow voting rights negatively related to conservatism. Additionally, firms a founder are more likely report conservatively than those descendent CEO. Our expands growing literature on owners’ corporate governance features financial reporting decisions.