This thesis investigates the relationship between family ownership and the value-relevance of accounting information. While the value-relevance of accounting information has been widely explored, the research in this area has focused on the traditional agency context of widely held firms, and has overlooked the distinct agency context of family ownership. To address this significant gap in the prior research, this thesis extends the value-relevance literature to consider the impact of family ownership, a distinct agency context that is the predominant business structure in the world and represents a substantial portion of listed firms.
Year Manuscript Completed
Family-owned business enterprises; Family-owned business enterprises Accounting.
Primary Language of Manuscript