The Influence of Family Ownership on the Quality of Accounting Information

被引：176

作者：

Cascino, Stefano ^{[1
]}

Pugliese, Amedeo ^{[2
]}

Mussolino, Donata ^{[3
]}

Sansone, Chiara ^{[4
]}

机构：

[1] London Sch Econ, London WC2A 2AE, England

[2] Univ Naples Federico II, Naples, Italy

[3] Univ Naples 2, Naples, Italy

[4] Bank New York Mellon, Brussels, Belgium

来源：

FAMILY BUSINESS REVIEW | 2010年 / 23卷 / 03期

关键词：

family firms; financial reporting; earnings attributes; accounting quality; CORPORATE DISCLOSURE; EARNINGS MANAGEMENT; INVESTOR PROTECTION; AGENCY COSTS; FIRMS; GOVERNANCE; ACCRUALS; MARKET; CONSERVATISM; COMPANIES;

D O I：

10.1177/0894486510374302

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article explores the quality of accounting information in listed family firms. The authors exploit the features of the Italian equity market characterized by high ownership concentration across all types of firms to disentangle the effects of family ownership from other major block holders on the quality of accounting information. The findings document that family firms convey financial information of higher quality compared to their nonfamily peers. Furthermore, the authors provide evidence that the determinants of accounting quality differ across family and nonfamily firms.

引用

页码：246 / 265

页数：20

共 62 条

[1] The association between outside directors, institutional investors and the properties of management earnings forecasts [J].