Family Controlled Firms: Information content in Schedule 13D Filings

Authors

Paul Mudde, Grand Valley State University
Sri Sundaram

Department

Management

College

Seidman College of Business

Date Range

2011-2012

Abstract

This research study examines the signaling effect of stock acquisitions and dispositions that are reported on 13D and 13A filings for Family Controlled Firms (FCFs). This allows for the examination of complex signals that other research has been limited from studying. In general, we argue that family-based disposition of stock that is reported along with a purpose of transaction that identifies reasons other than liquidity or diversification should be associated with higher negative performance in the period after the trade.

Conference Name

Decision Sciences Institute - Midwest

Conference Location

Grand Rapids, MI

ScholarWorks Citation

Mudde, Paul and Sundaram, Sri, "Family Controlled Firms: Information content in Schedule 13D Filings" (2011). Faculty Scholarly Dissemination Grants. 218.
https://scholarworks.gvsu.edu/fsdg/218