… (1) Performance i , j , t = α i + ϕ i family firm j , t + η i control variables + δ i industries + γ i
years + ε i , j , t where i equals the different performance measures for each company j at year t. …

This article analyses founding family influence on pay-out policies for Swiss listed firms over
the period 2003–2010. We hypothesise that family firms have different incentives and …

This article uses hammer prices from five global auction houses to analyse the price premium
Bordeaux fine wine yielded at Hong Kong wine auctions. We find that fine wine was on …

This paper examines the ratings of 12 influential wine critics on the Bordeaux en primeur
market over the vintages 2003–2012. We hypothesize that wine experts differ significantly in …

This paper uses auction hammer prices over the period 1996-2009, with a special emphasis
on periods of economic downturns, to examine risk, return and diversification benefits of …

This study examines the influence of innovative business strategies on corporate profitability
and valuation in the travel and leisure industry. Following the theoretical framework …

This article uses a comprehensive sample of companies from 16 Western European
countries over the period 2004 and 2016 to examine the relationship between blockholder …

We study the effect of dividend taxes on the payout and investment policies of publicly listed
firms. We exploit a unique setting in Switzerland where, following the corporate tax reform of …

This article examines the performance, selectivity, and market-timing abilities of wine fund
managers over the 2000-2013 period. The authors hypothesize that wine fund managers …

… , β w = ∑ j = 0 J β w , j with J representing the number of lagged market returns to be used
in the estimation. In the case of non-zero autocorrelation in the lags 1 to J of the market returns…