The Influence of Family Governance on the Value of Chinese Family Businesses: Signal Transmission Effect of Financial Performance
The phenomenon of family governance in Chinese family businesses may not only signal a high second-party agency cost that infringes on the interests of small and medium shareholders, but it may also signal this as a stable governance structure. Based on the theory of signal transmission, this paper...
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-03-01
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| Series: | Economies |
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| Online Access: | https://www.mdpi.com/2227-7099/10/3/63 |