Family firm and firm performance : a study of Thai public companies | |
| Author | Thunyapron Lerkkasemsan |
| Call Number | AIT RSPR no.SM-06-108 |
| Subject(s) | Family-owned business enterprises--Thailand Business enterprises--Evaluation--Thailand |
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration in International Business |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-06-108 |
| Abstract | This study tries to analyze the effect of family ownership to business in term of firm performance by taking SET 100 (Stock Exchange of Thailand Index) companies as the benchmark. The study is conducted through the model testing. Study results from model testing show that the result is inconclusive in term of family ownership effect on firm performance. There is not any robust evidence to confirm the difference of firm performance between family and non family firms due to family ownership. Notwithstanding the statistically insignificant results, the research findings implies that family firms perform at least as well as non family firms. The research also shows that there are many factors effect on firm performance especially firm leverage. The implication of this study is if family ownership effect on firm performance, the investor could bring this information to use as one factor in investment decision. Families could recognize their effect on business as well |
| Year | 2006 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration in International Business (Publication code = SM) |
| Chairperson(s) | Venkatesh, Sundar; |
| Examination Committee(s) | Sununta Siengthai ;Do Ba Khang ; |
| Scholarship Donor(s) | RTG Fellowship; |
| Degree | Research Studies Project Report (M. BA.) - Asian Institute of Technology, 2006 |