Huimin Li

Assistant Professor of Finance, Peter T. Paul College of Business and Economics, University of New Hampshire, Durham.

Family Firms and Boards of Directors

Critical differences in board tenures and characteristics between family and nonfamily firms affect firm value and performance, argue Professors Huimin Li, Harley Ryan, Lingling Wang and Baozhong Yang. Their study extends our understanding of the mechanisms that govern family firms and has important implications for founding families, investors and policy makers. As an integral component of governance mechanisms in publicly held …

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