In the Eye of the Beholder: Global Analysts’ Coverage of Family Firms in an Emerging Market (Record no. 52341)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02070nam a2200229 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190802122358.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190802b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Luo, Xiaowei Rose |
| 9 (RLIN) | 34014 |
| 245 ## - TITLE STATEMENT | |
| Title | In the Eye of the Beholder: Global Analysts’ Coverage of Family Firms in an Emerging Market |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1830-1854 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | How do analysts make decisions about which firms to cover? Previous research has not considered how such decisions can be influenced by cultural understandings about appropriate forms of corporate governance. Drawing upon the institutional logics perspective, we propose that analyst firms’ home-country institutional logics of corporate governance can shape analyst perception of coverage risks for family firms. Specifically, we argue that given the negative view towards family governance in shareholder-based logic, family firms are less likely to be covered by analyst firms from shareholder-based countries than by those from stakeholder-based countries. Furthermore, the coverage divergence between shareholder- and stakeholder-based analyst firms will be greater for family firms featuring higher risks of value assessment and expropriation. We test our framework in the context of global analysts’ coverage of publicly listed firms in Taiwan between 1996 and 2005 and find empirical support. Our study contributes to the institutional logics perspective by establishing the implications of corporate governance logics for analyst coverage and providing a boundary condition for agency theory. We also uncover a less-noted source of institutional variation among the analyst community. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Institutional logics |
| Uncontrolled term | Agency theory |
| Uncontrolled term | Family firms |
| Uncontrolled term | Analyst coverage |
| Uncontrolled term | comparative corporate governance |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Jeong, Young-Chul |
| 9 (RLIN) | 31624 |
| Personal name | Chung, Chi-Nien |
| 9 (RLIN) | 34015 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29017 |
| Host Itemnumber | 75300 |
| Main entry heading | DEBORAH E. RUPP |
| Place, publisher, and date of publication | WEST LAFAYETTE SAGE PUBLICATION 2012 |
| Other item identifier | 55510586 |
| Title | JOURNAL OF MANAGEMENT |
| International Standard Serial Number | 0149-2063 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 02/08/2019 | Vol 45, Issue 5/ 55510586JA3 | 55510586JA3 | 02/08/2019 | 02/08/2019 |