The objective of the thesis is to develop research relating to family firms in the UK. To shed some light on this research topic a sample of 199 public family firms is identified and matched with a set of non-family firms based on three criteria - Stock-market listing, Size and Sector. I investigate the reputation, return, governance and credit rating differences between family and non-family firms in the UK. Family firm researchers have found a host of characteristics that are unique to family firms and are often taken as plausible explanations for governance and operational differences between family firms and their non-family competitors. Using these characteristics I build a reputation index that measures a firm's reputation as an investment opportunity. An empirical analysis reveals that the investment reputation of a family firm can only be compared with the reputation of a non-family firm if these familial attributes are included in the analysis.
| Identifer | oai:union.ndltd.org:bl.uk/oai:ethos.bl.uk:494960 |
| Date | January 2008 |
| Creators | Mukherjee, Suranjita |
| Publisher | University of Reading |
| Source Sets | Ethos UK |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
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