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| Author: | Mishra, C. S. Randöy, T. Jenssen, J. I. |
| Title: | The effect of founding family influence on firm value and corporate governance |
| Journal: | Journal of international financial management & accounting
2001 : AUTUMN, VOL. 12:3, p. 235-259 |
| Index terms: | COMPANY VALUE CORPORATE GOVERNANCE FAMILIES NORWAY |
| Language: | eng |
| Abstract: | The authors examined a sample of 120 Norwegian, founding family controlled and non-founding family controlled firms, to address two research questions: 1) is founding family control associated with higher firm value; and 2) are there unique corporate governance conditions under which a founding family controlled firm can be more valuable? They find a positive association between founding family control and firm value for four alternative definitions of founding family control. |
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