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- W3100769306 abstract "Dynastic-controlled firms are led by founding family CEOs while the family owns an insignificant share of equity (defined as less than five percent). They represent 7.4% of listed firms in post-war Japan, include well-known firms such as Casio, Suzuki and Toyota, and are often grouped with widely-held firms in the literature. These firms differ in key performance measures from both traditional family firms and non-family firms, and evolve from the former as equity-financed growth dilutes the founding family’s ownership over time. In turn, the transition from dynastic control to non-family status is driven by a diminution of strategic family resources." @default.
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- W3100769306 date "2020-01-01" @default.
- W3100769306 modified "2023-09-25" @default.
- W3100769306 title "Dynastic Control Without Ownership: Evidence from Post-War Japan" @default.
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