Family ownership, information problem and firm performance

Reajmin Sultana
2021 International Journal of Research In Business and Social Science  
This paper reviews recent corporate financial literature dealing with family business issues. It discusses research papers that explain the nature and type of agency problems in family firms. It provides empirical evidence of the association of family ownership with information asymmetry. It also portrays the influence of family firms over corporate disclosures. We have analyzed literature to explain the empirical association between family ownership, and so ownership control, and firm
more » ... ces. This paper also attempts to find out the research gap based on reviewed papers and tries to give the future directions of research in this regard.
doi:10.20525/ijrbs.v10i6.1330 fatcat:wdclopoop5enfguqvsboeb2iba