Family firm value in the acquisition context: A signaling theory perspective
Tao-Schuchardt, M., Riar, F. J., & Kammerlander, N. (2023)
Entrepreneurship Theory and Practice, 47(4), 1200-1232
486 acquisitions in France, Germany, Italy and Spain, 2011 to 2019. Acquirers pay higher valuations for family firms; moderated by target performance, listing status, financial versus non-financial acquirer, and cross-border status.
Sourcedoi:10.1177/1042258722113576142 citations (OpenAlex)