| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14759 |
| DP14759 Family Ownership During the Covid-19 Pandemic | |
| Mario Daniele Amore; Fabio Quarato; Valerio Pelucco | |
| 发表日期 | 2020-05-15 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Prompted by the shakeup of Covid-19 on financial markets, scholars have begun to explore the corporate traits that can make firms more resilient to a pandemic. In this paper, we test how the involvement of families in ownership and governance positions influences the financial performance of Italian listed firms during the spread of Covid-19. Our results indicate that firms with controlling family shareholders fared significantly better than other firms in the pandemic period. This effect is particularly pronounced among firms in which a family is both the controlling shareholder and holds the CEO position. Collectively, our results expand existing knowledge on the determinants of organizational resilience in the wake of adverse events. |
| 主题 | Financial Economics ; Industrial Organization |
| 关键词 | Family business Covid-19 Financial performance Ceos |
| URL | https://cepr.org/publications/dp14759 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543685 |
| 推荐引用方式 GB/T 7714 | Mario Daniele Amore,Fabio Quarato,Valerio Pelucco. DP14759 Family Ownership During the Covid-19 Pandemic. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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