The objective of our research is to assess if family control on the firm is a determinant of strategic behaviour for listed companies. We aim at assessing if acquisition strategies depend on the degree of family control on the governance components (ownership, Board of Directors and Executive Committee). The empirical analysis concerns a sample of companies listed on the Italian Stock Exchange from 2005 to 2011. We use multivariate statistical methods (logistic, linear and negative binomial regressions).
FAMILY FIRMS AND EXTERNAL GROWTH. A STUDY OF ITALIAN LISTED FAMILY COMPANIES
BERNINI, FRANCESCA;COLI, ALESSANDRA;MARIANI, GIOVANNA
2016-01-01
Abstract
The objective of our research is to assess if family control on the firm is a determinant of strategic behaviour for listed companies. We aim at assessing if acquisition strategies depend on the degree of family control on the governance components (ownership, Board of Directors and Executive Committee). The empirical analysis concerns a sample of companies listed on the Italian Stock Exchange from 2005 to 2011. We use multivariate statistical methods (logistic, linear and negative binomial regressions).File in questo prodotto:
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