Valorisation boursière comparée des entreprises familiales et non familiales au Japon
Bibliographic Data
| ID | 6142279 |
|---|---|
| Authors | Bruno Amann (0000-0001-8721-9221, Université Toulouse III - Paul Sabatier), Jacques Jaussaud (0000-0002-3121-6547, Centre d'Etudes et de Recherches Appliquées à la Gestion), Sophie Nivoix (0000-0002-9255-366X, Directorate-General for Economic and Financial Affairs) |
| Year | 2013 |
| Volume | 50 |
| Issue | 50 |
| Pages | 7-25 |
| Publication date | 2013-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Ebisu (JOURNAL) |
| Journal identifiers | ISSN: 1340-3656 • E-ISSN: 2189-1893 |
| Publisher | OpenEdition (PUBLISHER) |
| DOI | 10.4000/ebisu.1088 |
| OpenAlex | W325910152 |
| Language | FR |
| References cited | 27 |
This paper investigates whether being a family business or not effects a company’s stock market valuation in the context of Japan. Our empirical investigation involved ninety pairs of listed companies, each pair consisting of one family and one non-family business of the same size and from the same industry. We found that there is little difference between the way family and non-family businesses are evaluated by financial markets. The tendency is even to award better valuations to non-family businesses, for reasons that this paper attempts to identify
Art · Humanities · Political science · Corporate Finance and Governance · Entrepreneurship Studies and Influences · Family Business Performance and Succession
How do family ownership, control and management affect firm value?
Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation
The separation of ownership and control in East Asian Corporations
Toward a Stewardship Theory of Management
Development in the Family
Theory of the firm
Stratégie internationale des entreprises japonaises
| Citation velocity | historical |
|---|---|
| Highly cited | No |