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Family Exit and Firms' Investment Efficiency Based on Dynamic Changes: Evidence from Chinese Family Firms

This study provides evidence about the influence of family exit on firms' investment efficiency using a sample of 6,842 firm-year observations of Chinese family (and family-exiting) firms from 2003 to 2019. Based on panel data, we find that family exit has negative effects on firms' invest...

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Detalles Bibliográficos
Autores principales: Wang, Tengyan, Peng, Qiaoling, Song, Haiyan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Hindawi 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9357776/
https://www.ncbi.nlm.nih.gov/pubmed/35958788
http://dx.doi.org/10.1155/2022/7572891