The Effect of Corporate Governance and Ownership Structure on the Investment Efficiency of Family Companies Accepted in the Stock Exchange

The corporate ownership structure can be very diverse and a wide range of real and legal stakeholders can play a part in this structure. The presence of a true shareholder from a family or a family with a high percentage of shares or their presence on the board represents a kind of family ownership of the company. Family-based companies can create a duplicate incentive for them to provide a better status and better performance. The importance of family firms in the world of economics is huge, and for this purpose, the purpose of this study is to examine the ownership structure of family firms and how they operate. This article is in the form of a review article focusing on family firms.