Mois : décembre 2020

Most of the literature about dividend policy have dealt with dispersed ownership firms (Isakov & Weisskopf, 2013) while most firms around the world are controlled by large shareholders (Faccio & Lang, 2002) whose preferences undoubtedly affect dividend payouts (DeAngelo, DeAngelo, & Skinner, 2007). Particularly, as families are the most common type of large shareholders in the world (Isakov & Weisskopf, 2013), taking into account the […]

The present research examines the value relevance of accounting earnings data disclosed by a sample of French family and non-family firms. The major goal of this paper is to find if the value relevance of accounting earnings for investors depends on the nature of the firm. In addition, it intends to check if accounting earnings relevance varies in function of the concentration of ownership in […]