Family Ownership, Corporate Governance and Risk-Taking

Luis Otero-González; Luis-Ignacio Rodríguez-Gil; Milagros Vivel-Búa; Aracely Tamayo-Herrera

Journal of Risk and Financial Management · 2022-02-26
Research article · Version of record · CC BY 4.0 · 5,843 words

Original source: Volume 15 · Issue 3 · 110

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Title: Family Ownership, Corporate Governance and Risk-Taking
Authors / creators: Luis Otero-González; Luis-Ignacio Rodríguez-Gil; Milagros Vivel-Búa; Aracely Tamayo-Herrera
Source: Complete manuscript edition 2026-11-10
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Original authors / creators: Luis Otero-González; Luis-Ignacio Rodríguez-Gil; Milagros Vivel-Búa; Aracely Tamayo-Herrera
Original publication: Journal of Risk and Financial Management · MDPI AG · 2022-02-26
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doi:10.3390/jrfm15030110
License & retained notices: CC BY 4.0
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© 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
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Evidence limits: Observational Spanish listed-company data for 2012–2015; not a family-office study. Abstract reports 176 firms while methods report 179 and exclude financial and real-estate companies; denominator discrepancy unresolved. The ownership proxy includes individuals as well as families, results vary across risk measures, and no causal or transferable ownership threshold is established.
Retraction / correction check: No article-specific retraction or expression of concern identified on retrieved publisher page; Crossref relation empty and update-to absent. Sample-size inconsistency retained and disclosed. Publisher page and Crossref work metadata retrieved 2026-11-10; not exhaustive clearance of unlinked, unregistered or later notices. Checked 2026-11-10.
Preserved record: Rights and full text checked 2026-11-10. Included in this volume on 2026-11-10. Original source dates remain unchanged.
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