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Published in 2020 at "Journal of Banking and Finance"
DOI: 10.1016/j.jbankfin.2020.105808
Abstract: Abstract Family involvement as chair of the board combines the reputation of the controlling family and the firm. Thus, the family's incentive to prevent reputation loss acts as a corporate governance mechanism in mitigating self-serving…
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Keywords:
reputation;
bad news;
family;
family firms ... See more keywords