The Impact of Family Control and Managerial Optimism on Share Repurchases

2013 ◽  
Author(s):  
Yi-Pei Chen ◽  
Tsui-Jung Lin
Keyword(s):  
Share Repurchases ◽  
Family Control ◽  
Managerial Optimism ◽  
The Impact

Performance of Mid-Size Internationalized Indian Firms: Evaluating the Role of Family Control

2019 ◽  
Vol 9 (12) ◽  
pp. 387-400
Author(s):  
Faisal M Ahsan ◽  
Ajay Singal
Keyword(s):  
Multinational Firms ◽  
International Expansion ◽  
Negative Effects ◽  
Family Control ◽  
Listed Firms ◽  
And Performance ◽  
Performance Heterogeneity ◽  
The Impact ◽  
Degree Of Internationalization

The rapidly growing and gradual emergence of multinational firms from the Indian sub-continent now calls for thorough re-understandings of extant theories and existing ideologies of the ‘internationalization’ process. We would initially assess the three-stage model of internationalization in the context of mid-size Indian firms and intend to investigate the relationship between performance and degree of internationalization. Based on the longitudinal dataset (2005-12) of publicly listed firms, our findings suggested that mid-size firms remained stuck up in the first stage of internationalization and accordingly exhibit a downward-sloping relationship between internationalization’s degree and performance. Most of the mid-size firms continued to show a predominantly family-controlled stance, and the impact of family ownership shows negative effects on the degree of internationalization. By examining the performance heterogeneity in family-owned firms towards internationalization, this paper enriches the existing body of research and assume it to be a prolific addition in the literature on international expansion.

Indian Women Working in Call Centers

2012 ◽  
pp. 156-168
Author(s):  
Doreen J. Mattingly
Keyword(s):  
Women Workers ◽  
Young Women ◽  
Call Centers ◽  
New Delhi ◽  
Indian Women ◽  
Family Control ◽  
Wide Range ◽  
English Speaking ◽  
Traditional Patterns ◽  
The Impact

This chapter draws on recent (2005) interviews with 20 call center workers in the New Delhi metro area to analyze the impact of employment in international call centers for young middle-class Indian women. Providing a wide range of telephone and occasionally Internet services to customers in the US, UK, and Australia, call centers are a booming source of employment for young English-speaking Indians. Roughly half of the growing workforce is female, and the wages are high by Indian standards. Nevertheless, the need to work at night to service customers on other continents creates special hardships and complications, particularly for young women who traditionally would not be allowed to go out at night. While acknowledging the hardships and obstacles presented by the work, this chapter shows that that working in call centers changes the relationships between the young women workers and their parents. Specifically, it argues that young women working in call centers are implicitly rejecting traditional patterns of family control over daughters, and in doing so they are resisting subordination.

The Impact of Targeted Share Repurchases on Bondholder Wealth

1990 ◽  
Vol 19 (4) ◽  
pp. 13
Author(s):  
Kenneth K. Leong ◽  
John U. Miller ◽  
Janis K. Zaima
Keyword(s):  
Share Repurchases ◽  
The Impact

Better with age: financial reporting quality in family firms

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Roberto Tommasetti ◽  
Marcelo Á. da Silva Macedo ◽  
Frederico A. Azevedo de Carvalho ◽  
Sergio Barile
Keyword(s):  
Financial Reporting ◽  
Family Firms ◽  
Reporting Quality ◽  
Management Control ◽  
Financial Reporting Quality ◽  
Content Type ◽  
Family Control ◽  
A Value ◽  
The Family ◽  
The Impact

Purpose The purpose of this paper is to contribute to the literature on financial reporting quality (FRQ) within family firms (FFs), assessing whether longevity can determine a different propensity to earning management (EM) behaviors. Design/methodology/approach The sample, composed by Italian and Brazilian listed family (and non-family) firms, is segregated into old and young. For each subsample, unsigned discretionary accruals are calculated, using two different EM models. A linear regression model is then proposed, together with some robustness tests, to confirm the research hypothesis. Findings The outcome is that, within FFs, the entrenchment effect seems to be diminishing with the company’s age, up to become lower than the alignment effect. With some caveat, research also demonstrates that old FFs are more propense to supply higher FRQ than any other subsample group. Research limitations/implications The authors demonstrated that, in terms of EM decision process, FFs become virtuous just with time. More research is needed to evaluate the impact of the share and management control separately and to analyze different generation segmentation. Practical implications This paper could help non-family stakeholders, as it shows that different company types (family vs non-family), at a different stage of the life-cycle (young vs old) have a different attitude toward FRQ. On the other hand, family owners could exploit the longevity as a value driver. Originality/value This paper suggests that agency theory and socio-emotional theory are complementary in explaining the family control role in earnings management decisions. The study also contributes to the debate of FF homogeneity and on risk behavior in FFs, often portrayed as having a patient capital.

Burden experienced by care-givers of persons with bipolar affective disorder

1999 ◽  
Vol 175 (1) ◽  
pp. 56-62 ◽  
Author(s):  
Deborah Perlick ◽  
Robert R. Rosenheck ◽  
John F. Clarkin ◽  
Jo Anne Sirey ◽  
Patrick Raue ◽  
...  
Keyword(s):  
Bipolar Affective Disorder ◽  
Family Care ◽  
Clinical State ◽  
Care Giver ◽  
Illness Beliefs ◽  
Family Control ◽  
Bipolar Illness ◽  
Care Givers ◽  
Multivariate Relationships ◽  
The Impact

BackgroundFamily members of patients with schizophrenia frequently report burdens associated with caring for their relatives.AimsWe evaluate the impact of illness beliefs on the burden reported by family care-givers of people with bipolar illness.MethodThe multivariate relationships between patient symptomatology and family illness beliefs and report of burden were examined at baseline among care-givers of 266 patients with Research Diagnostic Criteria-diagnosed bipolar illness who were subsequently followed for 15 months.ResultsAt baseline, 93% of care-givers reported moderate or greater distress in at least one burden domain. As a group, care-giver illness beliefs (illness awareness, perception of patient and family control) explained an additional 18–28% of variance in burden experienced beyond the effects of the patients clinical state and history.ConclusionsCare-givers of patients with bipolar illness report widespread burden that is influenced by beliefs about the illness.

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