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What is Family Companies and Governance Costs about?

This document is a research paper that aims to shed light on the importance of corporate governance mechanisms costs when companies decide whether to adopt them. The paper uses discriminant analysis of a sample of 112 non-listed Algerian companies. The analysis finds that family companies can adopt lower-cost governance structures due to the nature of agency problems in family firms. Variables reflecting governance mechanisms were found to significantly affect the discriminant function between family compan

Author

Med Cherif Benzouai

Language

EN