Does ownership matter? family influence on the relationship between female board expertise and stock price crash risk in Pakistan

Key Points

• A positive influence of family ownership on stock price stability emerges, linking family dynamics and governance.
• Findings show that firms with greater female board expertise experience lower stock price crash risk when under family control.
• The approach utilizes an observational analysis across various sectors in Pakistan, examining ownership structures and expertise levels.
• This highlights the importance of family dynamics in corporate governance, indicating needed focus in future studies.