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Earning quality in acquired and non-acquired family firms
We develop a socioemotional wealth explanation for the differences in earnings quality between family firms. We argue that the process by which families obtain ownership of firms is a key contingency affecting earnings quality. Specifically, firms acquired by families through market transactions di...
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| Format: | Article |
| Language: | English |
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2013
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| LEADER | 00987nab a22001217a 4500 | ||
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| 008 | 160615b2013 xxu||||| |||| 00| 0 eng d | ||
| 100 | |a Pazzaglia, Federica | ||
| 245 | |a Earning quality in acquired and non-acquired family firms |c a socioemotional wealth perspective / Pazzaglia, Federica. | ||
| 260 | |c 2013 | ||
| 300 | |a 374 - 386 | ||
| 520 | |a We develop a socioemotional wealth explanation for the differences in earnings quality between family firms. We argue that the process by which families obtain ownership of firms is a key contingency affecting earnings quality. Specifically, firms acquired by families through market transactions display lower earnings quality due to lower identification of family owners relative to firms still owned by the families that created them. Acquired family firms benefit with respect to their earnings quality from having a nonfamily CEO while nonacquired family firms benefit from having a family CEO. | ||
| 773 | |a Family Business Review |d Dec | ||
| 999 | |c 43710 |d 43710 | ||