Ownership Concentration of Family and Non-Family Firms and the Relationship to Performance

dc.contributor.author	Acuña, Guillermo Ignacio
dc.contributor.author	Sepúlveda, Jean P.
dc.contributor.author	Vergara, Marcos
dc.date.accessioned	2014-12-16T13:35:18Z
dc.date.available	2014-12-16T13:35:18Z
dc.date.issued	2014-12
dc.description.abstract	This paper analyzes whether family enterprises perform better than non-family enterprises, as found in previous studies on Chilean companies, based on the ownership structure of the business, which is an important factor in the literature on corporate governance that had not been taken into account. The analysis confirmed that family enterprises performed better than non-family enterprises and that the effect of ownership concentration on business performance depends on the type of enterprise, regardless of whether it is family-owned. Lastly, the results suggest that performance is better when there is a concentrated ownership, comprised both of shareholders who are family members and others who are not, than with other schemes of corporate governance	es_CL
dc.format.extent	24 p.	es_CL
dc.identifier.uri	http://hdl.handle.net/11447/22
dc.language.iso	en_US	es_CL
dc.publisher	School of Business and Economics, Universidad del Desarrollo	es_CL
dc.relation.ispartofseries	Working Paper;03
dc.subject	family-owned firms	es_CL
dc.subject	performance	es_CL
dc.subject	ownership Concentration	es_CL
dc.title	Ownership Concentration of Family and Non-Family Firms and the Relationship to Performance	es_CL
dc.type	Documento de trabajo	es_CL

Files

Now showing 1 - 1 of 1