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Family ownership and acquisition behavior in publicly‐traded companies
16 references·16 citing·35 second hopsampled
Family ownership and acquisition behavior in publicly‐traded companies (2009)Family ownership and acquisition behavior…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills (2007)Socioemotional Wealth and Bus…How do family ownership, control and management affect firm value? (2005)How do family ownership, cont…Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Founding‐Family Ownership and…Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)Disentangling the Incentive a…A Survey of Corporate Governance (1997)A Survey of Corporate Governa…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Diversification's effect on firm value (1995)Diversification's effect on f…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The Correlates of Entrepreneurship in Three Types of Firms (1983)The Correlates of Entrepreneu…Separation of Ownership and Control (1983)Separation of Ownership and C…Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Risk Reduction as a Manageria…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION* (1965)SECURITY PRICES, RISK, AND MA…A Simplified Model for Portfolio Analysis (1963)A Simplified Model for Portfo…Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic Capabilities (2021)Family Influence and Digital …Financial Wealth, Socioemotional Wealth, and IPO Underpricing in Family Firms: A Two-stage Gamble Model (2017)Financial Wealth, Socioemotio…Institutional Logics and Power Sources: Merger and Acquisition Decisions (2016)Institutional Logics and Powe…Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories (2015)Viewing Family Firm Behavior …In the Horns of the Dilemma: Socioemotional Wealth, Financial Wealth, and Acquisitions in Family Firms (2015)In the Horns of the Dilemma: …Are Family Firms Really More Socially Responsible? (2014)Are Family Firms Really More …What do we know about Private Family Firms? A Meta–Analytical Review (2013)What do we know about Private…Economic and Technological Importance of Innovations in Large Family and Founder Firms (2013)Economic and Technological Im…The Family Innovator's Dilemma: How Family Influence Affects the Adoption of Discontinuous Technologies by Incumbent Firms (2012)The Family Innovator's Dilemm…Family Firm Governance, Strategic Conformity, and Performance: Institutional vs. Strategic Perspectives (2012)Family Firm Governance, Strat…Competitive Dynamics: Themes, Trends, and a Prospective Research Platform (2012)Competitive Dynamics: Themes,…Governance, Social Identity, and Entrepreneurial Orientation in Closely Held Public Companies (2011)Governance, Social Identity, …Strategy in family business: Toward a multidimensional research agenda (2010)Strategy in family business: …Stewardship or Agency? A Social Embeddedness Reconciliation of Conduct and Performance in Public Family Businesses (2010)Stewardship or Agency? A Soci…Socioemotional Wealth and Earnings Management in Private Family Firms (2010)Socioemotional Wealth and Ear…Family and Lone Founder Ownership and Strategic Behaviour: Social Context, Identity, and Institutional Logics (2009)Family and Lone Founder Owner…Corporate Ownership Around the World (1999)Dimensionalizing Cultures: The Hofstede Model in Context (2011)Generalized expectancies for internal versus external control of reinforcement. (1966)Organizational Strategy, Structure, and Process (1978)Strategic management of small firms in hostile and benign environments (1989)Clarifying the Entrepreneurial Orientation Construct and Linking It To Performance (1996)The Theory of Economic Development (2003)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)The Social Identity Theory of Intergroup Behavior (2004)The Bind that Ties: Socioemotional Wealth Preservation in Family Firms (2011)Socioemotional Wealth in Family Firms (2012)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Risk, Return, and Equilibrium: Empirical Tests (1973)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Legal Determinants of External Finance (1997)Investor protection and corporate governance (2000)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1983The Correlates of Entrepreneurship in Three Types of Firms5,853 cited
  • 2003Founding‐Family Ownership and Firm Performance: Evidence from the S&P 5005,127 cited
  • 2007Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills4,400 cited
  • 2005How do family ownership, control and management affect firm value?4,190 cited
  • 2002Disentangling the Incentive and Entrenchment Effects of Large Shareholdings3,845 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1981Risk Reduction as a Managerial Motive for Conglomerate Mergers2,775 cited
  • 1963A Simplified Model for Portfolio Analysis

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2,740 cited
  • 1965SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION*2,451 cited
  • Cited by

    • 2009Family and Lone Founder Ownership and Strategic Behaviour: Social Context, Identity, and Institutional Logics640 cited
    • 2014Are Family Firms Really More Socially Responsible?562 cited
    • 2012Competitive Dynamics: Themes, Trends, and a Prospective Research Platform560 cited
    • 2015In the Horns of the Dilemma: Socioemotional Wealth, Financial Wealth, and Acquisitions in Family Firms520 cited
    • 2012The Family Innovator's Dilemma: How Family Influence Affects the Adoption of Discontinuous Technologies by Incumbent Firms471 cited
    • 2010Stewardship or Agency? A Social Embeddedness Reconciliation of Conduct and Performance in Public Family Businesses467 cited
    • 2012Family Firm Governance, Strategic Conformity, and Performance: Institutional vs. Strategic Perspectives389 cited
    • 2010Strategy in family business: Toward a multidimensional research agenda366 cited
    • 2015Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories338 cited
    • 2013What do we know about Private Family Firms? A Meta–Analytical Review328 cited
    • 2011Governance, Social Identity, and Entrepreneurial Orientation in Closely Held Public Companies326 cited
    • 2017Financial Wealth, Socioemotional Wealth, and IPO Underpricing in Family Firms: A Two-stage Gamble Model301 cited
    • 2016Institutional Logics and Power Sources: Merger and Acquisition Decisions298 cited
    • 2021Family Influence and Digital Business Model Innovation: The Enabling Role of Dynamic Capabilities287 cited
    • 2013Economic and Technological Importance of Innovations in Large Family and Founder Firms284 cited
    • 2010Socioemotional Wealth and Earnings Management in Private Family Firms264 cited