The dynamics of voting ownership in lone-founder, family-founder, and heir firms
Dokumenttyp:
Zeitschriftenaufsatz
Autor(en):
Achleitner, A.K.; Kaserer, C.; Kauf, T.
Nicht-TUM Koautoren:
nein
Kooperation:
-
Abstract:
We examine ownership dynamics in listed founding-family firms over the period 1996–2008. In order to enlarge the understanding of persistence of ownership influence, we analyze determinants of change in the light of family-firm heterogeneity. We detect ownership decreases and increases, alike. A Large Drop of ownership (at least −2.5