How Much am I Expected to Pay for my Parents‘ Firm? An Institutional Logics Perspective on Family Discounts

Recent evidence suggests that successors do not simply inherit their parents’ firm, but have to pay a certain price. Building on institutional logics literature, we explore successors’ family discount expectations, defined as the rebate expected from parents in comparison to nonfamily buyers when assuming control of the firm. We find that family cohesion increases discount expectations, while successors’ fear of failure and family equity stake in the firm decrease discount expectations. Higher education in business or economics weakens These effects. On average, in our study comprised of 16 countries, successors expect a 57% family discount.

A new way to pay old debts; a play written by Philip Massinger ...

Mode of access: Internet.

Select passages on duty to the state and kindred subjects, for reading, analysis and translation in schools and colleges.

Mode of access: Internet.

Massinger's A new way to pay old debts /

Mode of access: Internet.

The National debt : and how to pay it : a letter to fund and shareholders by one one of themselves.

Mode of access: Internet.

The devil to pay, or, The wives metamorphos'd : an operatical farce.

Adapted in collaboration with John Mottley, from Thomas Jevron's Devil of a wife.

John Bull : or, The Englishman's fireside ; Sylvester Daggerwood : or, New way to pay old debts ; Ways and means : or, A trip to Dover /

Mode of access: Internet.

Observations on the duty to bargain during the term of an agreement /

"May 23, 1977."

Mandate for destruction : a survey of job and wage destruction that will result from requiring employers to pay for workers' health insurance /

"June 1994."

Scrambling to pay the bills : building allies for America's working families : a set of comprehensive, specific Democratic proposals to address wage and income stagnation to produce long-term, higher rates of economic growth, shared with working families, in the United States : full report : executive summary /

"February 28, 1996."

Scrambling to pay the bills : building allies for America's working families : a set of comprehensive, specific Democratic proposals to address wage and income stagnation to produce long-term, higher rates of economic growth, shared with working families, in the United States : full report /

"February 28, 1996."