Why do family firms dismiss their family CEOs? A perspective on kinship ties

Xiaodong Yu; Shize Sun; Xirong Cheng; Yize Lin; Huan Li

PLOS ONE · 2023-05-04
Research article · observational panel study · Version of record · publisher XML retrieved 2026-10-26 · CC BY 4.0 · 6,235 words

Original source: Volume 18 · Issue 5 · e0285029

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Title: Why do family firms dismiss their family CEOs? A perspective on kinship ties
Human authorship: Xiaodong Yu; Shize Sun; Xirong Cheng; Yize Lin; Huan Li
Source: Complete manuscript edition 2026-10-26
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Original authors / creators: Xiaodong Yu; Shize Sun; Xirong Cheng; Yize Lin; Huan Li
Original publication: PLOS ONE · Public Library of Science · 2023-05-04
Source & version: Authoritative source ↗ · Version of record · publisher XML retrieved 2026-10-26
doi:10.1371/journal.pone.0285029
License & retained notices: CC BY 4.0
© 2023 Yu et al.
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Evidence limits: Observational panel; family CEO kinship and dismissal classifications rely on public records and inferred reasons for departure. Chinese listed, often first-generation family firms; unlisted firms, other cultures and family offices were not tested. Interaction significance varies across specifications. No causal estimate of favoritism or evaluation of the companion procedures.
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