第504期岭南学术论坛(经济学系列Seminar)

发布人:李义华 发布日期:2018-10-08
活动时间
-
活动地址
岭南堂林植宣会议室

报告题目:In family we trust: Clan culture and family ownership in China

人:林曙  (The Chinese University of Hong Kong, Associate Professor)

人:才国伟(中山大学岭南学院 教授)

     20181012日(周五)下午 14:30-16:00  

      :岭南堂林植宣会议室

 

摘要:

        To identify the effects of clan culture on family ownership, we construct a genealogy-based measure of local clan culture strength at the Chinese prefecture level. In a sample of private enterprises, we show that clan culture has a positive causal effect on the concentration of family ownership through an enhanced family value and a short-radius trust attitude. Moreover, this effect is more pronounced for small firms, firms with large control potentials, or in weak legal or financial environments. Finally, in a sample of listed family firms, we resort to the presence of movers to separate the inherited and environmental components of clan culture and to demonstrate further that our results are not driven by omitted variables by controlling for prefecture fixed effects.

 

        欢迎感兴趣的年轻老师和博士生参加!

        中山大学岭南学术论坛分经济、金融和管理三个系列,是定期邀请国内外优秀学者前来开展学术交流的平台。每系列每个月定期举办2-3次。目前已经成功举办多期,并得到了各界的高度评价。

 

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