Do Family Firms Use Dividend Policy as a Governance Mechanism? Evidence from the Euro zone

Manuscript Type Empirical Research Question/Issue This study investigates whether family firms use dividend policy as a corporate governance mechanism to overcome agency problems between the controlling family and minority investors. We further account for deviations between ownership and control an...

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Bibliographic Details
Published in:Corporate governance : an international review 2012-09, Vol.20 (5), p.413-431
Main Authors: Pindado, Julio, Requejo, Ignacio, de la Torre, Chabela
Format: Article
Language:English
Subjects:
Business
Cash flow
Companies
Corporate Governance
Decision making
Dividend Policy
Dividends
Economic performance
Euro zone
Eurozone
Expropriation
Families & family life
Family Control
Family firms
Family owned businesses
Governance
Identity
Investments
Investors
Ownership
Panel data
Payments
Policy making
Research methodology
Second Blockholders
Stock returns
Stockholders
Voting rights
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