Artikel

Family ownership, corporate governance and risk-taking

This paper analyses the effect of family ownership and the characteristics of the board of directors on the risk assumed by Spanish non-financial companies. The sample consists of 176 Spanish non-financial companies listed on Spanish stock exchanges during the period 2012-2015. The results show that the level of family ownership concentration affects the level of exposure to risk non-linearly and confirms the importance of the characteristics of the board of directors in risk-taking.

Language
Englisch

Bibliographic citation
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 15 ; Year: 2022 ; Issue: 3 ; Pages: 1-15 ; Basel: MDPI

Classification
Wirtschaft
Subject
family ownership
risk-taking
corporate governance

Event
Geistige Schöpfung
(who)
Otero-González, Luis
Rodríguez-Gil, Luis-Ignacio
Vivel-Búa, Milagros
Tamayo-Herrera, Aracely
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2022

DOI
doi:10.3390/jrfm15030110
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Otero-González, Luis
  • Rodríguez-Gil, Luis-Ignacio
  • Vivel-Búa, Milagros
  • Tamayo-Herrera, Aracely
  • MDPI

Time of origin

  • 2022

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