Title :
An empirical study of the kinship effects on the allocation of power in Chinese family-controlled public firms
Author :
Wang, He-sen ; Wang, Ming-lin
Author_Institution :
Coll. of Econ., Zhejiang Univ., Hangzhou, China
Abstract :
Based on the dataset of 456 family members in the 147 IPO family firms, this article aims to explore the kinship effect on the allocation of power in Chinese family-controlled public firms. We find that, the kinship effect is stronger on the allocation of ownership than on the management. And also, family member´s abilities have stronger positive effect on the allocation of management than on the ownership, but ability factor does not have moderating effects.
Keywords :
electricity supply industry; industrial economics; power markets; Chinese family controlled public firms; IPO family firms; ability factor; kinship effect; management allocation; ownership allocation; power allocation; Companies; Economics; Educational institutions; Helium; Resource management; Xenon; IPO family-controlled firm; allocation of management; allocation of ownership; kinship effect;
Conference_Titel :
Electronics, Communications and Control (ICECC), 2011 International Conference on
Conference_Location :
Zhejiang
Print_ISBN :
978-1-4577-0320-1
DOI :
10.1109/ICECC.2011.6068121
