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- W57421022 abstract "Abstract: Active academic research into family businesses (FBs) consistently indicates that FBs perform better and have sounder financial structures than non–family businesses (NFBs), across time and various nations. However, conventional wisdom once held that these performance benefits did not apply to Japanese FBs, and currently general opinion suggests it is not true in China. This chapter therefore undertakes a precise investigation of Chinese listed companies to compare FBs with NFBs. In China too, FBs perform better than NFBs in terms of profitability and liquidity, though not with regard to long-term indebtedness. Moreover, FBs that fall under strong family control perform better than those with weak levels, in terms of profitability, liquidity and indebtedness." @default.
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- W57421022 date "2014-01-01" @default.
- W57421022 modified "2023-10-16" @default.
- W57421022 title "The influence of family control on business performance and financial structure: a matched pair investigation of listed companies in China" @default.
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- W57421022 doi "https://doi.org/10.1533/9781780634494.1.69" @default.
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