Family- managed firms : founder presence and firm performance
This study examines the impact that the presence of a family firm's founder and proportion of family members on the board of directors have on the market value of publicly listed firms in Singapore. Based on a sample of 492 firms listed on the Singapore Stock Exchange (SGX), our results show n...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
Nanyang Technological University
2010
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/21188 |
| _version_ | 1811695647392268288 |
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| author | Koh, Wei Jun Vu, Thuy Linh Yeo, Doreen Jiali |
| author2 | Kang Soon Lee, Eugene |
| author_facet | Kang Soon Lee, Eugene Koh, Wei Jun Vu, Thuy Linh Yeo, Doreen Jiali |
| author_sort | Koh, Wei Jun |
| collection | NTU |
| description | This study examines the impact that the presence of a family firm's founder and
proportion of family members on the board of directors have on the market value of publicly listed firms in Singapore. Based on a sample of 492 firms listed on the Singapore Stock Exchange (SGX), our results show no significant evidence to conclude a one-dimensional relationship between either founder presence or the proportion of family members on the board and firm performance. Rather, the interaction of both factors is found to have a significant effect on firm performance. Specifically, the proportion of family members on the corporate board is negatively associated with firm performance when the founder only holds the appointment of Board Chair. |
| first_indexed | 2024-10-01T07:26:48Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/21188 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T07:26:48Z |
| publishDate | 2010 |
| publisher | Nanyang Technological University |
| record_format | dspace |
| spelling | ntu-10356/211882023-05-19T06:24:07Z Family- managed firms : founder presence and firm performance Koh, Wei Jun Vu, Thuy Linh Yeo, Doreen Jiali Kang Soon Lee, Eugene Nanyang Business School ASLKang@ntu.edu.sg DRNTU::Business::Operations management::Family owned business enterprises This study examines the impact that the presence of a family firm's founder and proportion of family members on the board of directors have on the market value of publicly listed firms in Singapore. Based on a sample of 492 firms listed on the Singapore Stock Exchange (SGX), our results show no significant evidence to conclude a one-dimensional relationship between either founder presence or the proportion of family members on the board and firm performance. Rather, the interaction of both factors is found to have a significant effect on firm performance. Specifically, the proportion of family members on the corporate board is negatively associated with firm performance when the founder only holds the appointment of Board Chair. Bachelor of Accountancy 2010-03-22T06:17:06Z 2010-03-22T06:17:06Z 2010 2010 Final Year Project (FYP) http://hdl.handle.net/10356/21188 en Nanyang Technological University 48 p. application/pdf Nanyang Technological University |
| spellingShingle | DRNTU::Business::Operations management::Family owned business enterprises Koh, Wei Jun Vu, Thuy Linh Yeo, Doreen Jiali Family- managed firms : founder presence and firm performance |
| title | Family- managed firms : founder presence and firm performance |
| title_full | Family- managed firms : founder presence and firm performance |
| title_fullStr | Family- managed firms : founder presence and firm performance |
| title_full_unstemmed | Family- managed firms : founder presence and firm performance |
| title_short | Family- managed firms : founder presence and firm performance |
| title_sort | family managed firms founder presence and firm performance |
| topic | DRNTU::Business::Operations management::Family owned business enterprises |
| url | http://hdl.handle.net/10356/21188 |
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