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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...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Hindawi
2022
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| 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 |