SEARCH

SEARCH BY CITATION

References

  • Agrawal, A., and N. Nagarajan (1990). “Corporate Capital Structure, Agency Costs and Ownership Control: The Case of All-Equity Firms,” Journal of Finance 45(4), 13251331.
  • Anderson, R. C., and M. R. Reeb (2004). “Board Composition: Balancing Family Influence in S&P 500 Firms,” Administrative Science Quarterly 49, 209237.
  • Ang, S. A., R. A. Cole, and J. Whu Lin (2000). “Agency Costs and Ownership Structure,” Journal of Finance 55(1), 81106.
  • Bammens, Y., W. Voordeckers, and A. Van Gils (2008). “Boards of Directors in Family Firms: A Generational Perspective,” Small Business Economics 31, 163180.
  • Böhning, D., D. Ekkehart, P. Schlattmann, L. Mendonça, and U. Kircher (1999). “The Zero-Inflated Poisson Model and the Decayed, Missing and Filled Teeth Index in Dental Epidemiology,” Journal of the Royal Statistical Society, A 162, 195209.
  • Cameron, C., and P. Trivedi (1998). “Econometric Models Based on Count Data: Comparisons of Some Estimators and Tests,” Journal of Applied Econometrics 1, 2954.
  • Cameron, C., and P. Trivedi (2005). Microeconomics: Methods and Applications. New York: Cambridge University Press.
  • Carney, M., and E. Gedajlovic (2002). “The Coupling of Ownership and Control and the Allocation of Financial Resources: Evidence from Hong Kong,” Journal of Management Studies 39(1), 123146.
  • Chen, Z., Y. L. Cheung, A. Stouraitis, and A. W. S. Wong (2005). “Ownership Concentration, Firm Performance, and Dividend Policy in Hong Kong,” Pacific-Basin Finance Journal 13, 431449.
  • Corbetta, G., and C. Salvato (2004). “Self-Serving Or Self-Actualizing? Models of Man and Agency Costs in Different Types of Family Firms: A Commentary on ‘Comparing the Agency Costs of Family and Nonfamily Firms: Conceptual Issues and Exploratory Evidence’,” Entrepreneurship: Theory and Practice 28(4), 355362.
  • Cruz, C. C., L. R. Gómez-Mejía, and M. Becerra (2010). “Perceptions of Benevolence and the Design of Agency Contracts: CEO-TMT Relationships in Family Firms,” Academy of Management Journal 53, 6989.
  • Dalton, D. R., and I. F. Kesner (1987). “Composition and CEO Duality in Boards of Directors: An International Perspective,” Journal of International Business Studies 18(3), 3342.
  • Deshmukh, S. (2005). “The Effect of Asymmetric Information on Dividend Policy,Quarterly Journal of Business & Economics 44(1&2), 107127.
  • Distelberg, B., and R. L. Sorenson (2009). “Updating System Concepts in Family Businesses: A Focus on Values, Resource Flows, and Adaptability,” Family Business Review 22, 6581.
  • Dyer, W. G. Jr (2006). “Examining the ‘Family Effect’ on Firm Performance,” Family Business Review 19(4), 253273.
  • Easterbrook, F. (1984). “Two Agency-Cost Explanations of Dividends,” American Economic Review 74(4), 650659.
  • Faccio, M., L. H. P. Lang, and L. Young (2001). “Dividends and Expropriation,” The American Economic Review 91(1), 5478.
  • Farinha, J. (2003). “Dividend Policy, Corporate Governance and the Managerial Entrenchment Hypothesis,” Journal of Business Finance and Accounting 30(9 and 10), 11731208.
  • Fenn, G. W., and N. Liang (2001). “Corporate Payout Policy and Managerial Stock Incentives,” Journal of Financial Economics 60, 4572.
  • Fiegener, M., B. Brown, D. Dreux, and W. Dennis (2000). “CEO Stakes and Board Composition in Small Private Firms,” Entrepreneurship Theory and Practice 24, 524.
  • Finkelstein, S., and D. C. Hambrick (1996). Strategic Leadership: Top Executives and Their Effects on Organizations. Minneapolis: West Publishing Company.
  • Gallo, M. A., and A. Vilaseca (1996). “Finance in Family Business,” Family Business Review 9(4), 387402.
  • Gedajlovic, E., M. Lubatkin, and W. S. Schulze (2004). “Crossing the Threshold from Founder Management to Professional Management: A Governance Perspective,” Journal of Management Studies 41(5), 899912.
  • Gómez-Mejía, L. R., K. Haynes, M. Núñez-Nickel, K. Jacobson, and J. Moyano-Fuentes (2007). “Socioemotional Wealth and Business Risks in Family-Controlled Firms: Evidence from Spanish Olive Oil Mills,” Administrative Science Quarterly 52(1), 106137.
  • Gómez-Mejía, L. R., M. Makri, and M. L. Kintana (2010). “Diversification Decisions in Family-Controlled Firms,” Journal of Management Studies 47(2), 223252.
  • Greene, W. H. (1994). “Accounting for Excess Zeros and Sample Selection in Poisson and Negative Binomial Regression Models,” Technical report.
  • Jensen, M. (1986). “Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers,” American Economic Review 76(2), 323329.
  • Kelly, L. M., N. Athanassiou, and W. F. Crittenden (2000). “Founder Centrality and Strategic Behaviour in the Family-Owned Firm,” Entrepreneurship Theory and Practice 25(2), 2742.
  • Kennedy, P. (2008). A Guide to Econometrics. Malden, MA: Blackwell Publishing.
  • La Porta, R., F. Lopez-de-Silanes, A. Shleifer, and R. Vishny (2000). “Agency Problems and Dividend Policies around the World,” Journal of Finance 55(1), 133.
  • Lambert, D. (1992). “Zero-Inflated Poisson Regression, with an Application to Defects in Manufacturing,” Technometrics 34, 114.
  • Laveren, E., D. Helleboogh, V. Molly, and A. Limère (2010). “Family Business Succession and the Impact of CEO Experience on the Growth of Small Family Firms,” International Journal Entrepreneurship and Small Business 11(3), 242261.
  • Mishra, C. S., and D. L. McConaughy (1999). “Founding Family Control and Capital Structure: The Risk of Loss of Control and the Aversion to Debt,” Entrepreneurship Theory and Practice 23(4), 5364.
  • Pearce, J. A., and S. A. Zahra (1992). “Board Composition from a Strategic Contingency Perspective,” Journal of Management Studies 29(4), 411438.
  • Poutziouris, P. (2001). “The Views of Family Companies on Venture Capital: Empirical Evidence from the UK Small to Medium-Size Enterprising Economy,” Family Business Review 14(3), 277291.
  • Romano, C. A., G. A. Tanewski, and K. X. Smyrnios (2000). “Capital Structure Decision Making: A Model for Family Business,” Journal of Business Venturing 16, 285310.
  • Schulze, W., M. Lubatkin, and R. Dino (2003). “Exploring the Agency Consequences of Ownership Dispersion among the Directors of Private Family Firms,” Academy of Management Journal 48, 179194.
  • Schulze, W. S., M. H. Lubatkin, and R. N. Dino (2002). “Altruism, Agency and the Competitiveness of Family Firms,” Managerial and Decision Economics 23, 247259.
  • Setia-Atmaja, L. (2010). “Dividend and Debt Policies of Family Controlled Firms: The Impact of Board Independence,” International Journal of Managerial Finance 6(2), 128142.
  • Setia-Atmaja, L., G. A. Tanewski, and M. Skully (2009). “The Role of Dividends, Debt and Board Structure in the Governance of Family Controlled Firms,” Journal of Business Finance and Accounting 36(7 & 8), 863898.
  • Sharma, P. (2004). “An Overview of the Field of Family Business Studies: Current Status and Directions for Future Research,” Family Business Review 17(1), 136.
  • Stafford, K., K. A. Duncan, S. M. Danes, and M. Winter (1999). “A Research Model of Sustainable Family Business,” Family Business Review 12(3), 197208.
  • Van Ees, H., J. Gabrielsson, and M. Huse (2009). “Toward a Behavioral Theory of Boards and Corporate Governance,” Corporate Governance: An International Review 17, 307319.
  • Villalonga, B., and R. Amit (2006). “How Do Family Ownership, Control and Management Affect Firm Value,” Journal of Financial Economics 80, 385417.
  • Voordeckers, W., A. Van Gils, and J. van den Heuvel (2007). “Board Composition in Small and Medium-Sized Family Firms,” Journal of Small Business Managment 45, 137156.
  • Vuong, Q. H. (1989). “Likelihood Ratio Tests for Model Selection and Nonnested Hypotheses,” Econometrica 57(2), 307333.
  • Westhead, P., and C. Howorth (2006). “Ownership and Management Issues Associated with Family Firm Performance and Company Objectives,” Family Business Review 19, 301316.
  • Westhead, P., and C. Howorth (2007). “ ‘Types’ of Private Family Firms: An Exploratory Conceptual and Empirical Analysis,” Entrepreneurship and Regional Development 19, 405431.
  • Yip, P. S. L., and E. W. K. Tsang (2008). “Interpreting Dummy Variables and Their Interaction Effects in Strategy Research,” Strategic Organization 5(1), 1330.
  • Yoshikawa, T., and A. A. Rasheed (2010). “Family Control and Ownership Monitoring in Family-Controlled Firms in Japan,” Journal of Management Studies 47(2), 274295.