Browsing by Keywords "Incentive conflicts between the family and outside shareholders"
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The value of shareholder rights in family firms: Global evidence from a death in the family
(John Wiley & Sons Ltd., 2022-08-09)Research Question: How does the protection of shareholder rights affect the pricing of family firms? Research Findings: Investor reaction to a death in the family, measured using abnor-mal stock returns, averages 0.58% ...