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

We examine the signaling effect of stock purchases and sales in family controlled firms (FCFs) that result in Schedule 13D filings (beneficial ownership over 5%). These filings contain information on both the type of stock transaction and the purpose of the transaction, which can indicate support for or opposition to the current leadership and strategy of the FCF. This allows for the examination of complex signals that other research has been limited from studying.

Conference Name

Family Enterprise Research Conference

Conference Location

Montreal

ScholarWorks Citation

Mudde, Paul and Sundaram, Sri, "Family Controlled Firms: Information Content in Schedule 13D Filings" (2011). Faculty Scholarly Dissemination Grants. 219.
https://scholarworks.gvsu.edu/fsdg/219