World's Largest Family Research Articles

Endemic Achillea species in Turkey; phytochemical contents and pharmacological activities

Asteraceae is the world's largest family of flowering plants, consisting of 23000 species distributed worldwide in 13 subfamilies, 44 tribes and more than 1600 genera. Achillea L. is one of the youngest evolutionary genera of the family Asteraceae with a worldwide widespread distribution of more than 100 species. Turkey is one of the main diversity centers of the genus Achillea. A total of 47 Achillea species are distributed and naturally growing in Turkey, 24 of which are endemic to Turkey with 51% endemism rate. Achillea species are used as tonic, anti-inflammatory, anti-spasmodic, diaphoretic, diuretic and emmenagogic agents and have traditionally been used to treat bleeding, pneumonia, skin disorders, rheumatic pains. Achillea species have several phytoconstituents such as essential oils, sesquiterpenes and phenolic compounds such as flavonoids and phenolic acids. Flavonoids and phenolic compounds are the most important effective metabolites of Achillea species. Phenolics and flavonoids have been reported to exert a wide range of pharmacological activities, including anti-cancer, anti-inflammatory, and antioxidant effects. In this review, endemic Achillea species were reviewed in terms of phytochemical content and pharmacological activities.

WHY INVEST GLOBALLY IN FAMILY FIRMS

Purpose- Family firms have a significant economic role in many countries around the world. Family firms make a significant contribution to World GDP and employ a significant part of the global workforce. The scope of this study covers the top 25 largest and publicly owned family firms announced by Ernst & Young’s 2021 Report for Family Businesses. These 25 family firms generated more than 2 trillion USD and employed 6.5 million in 2021. This empirical study aims to investigate the excess stock returns of family firms over the related country stock market indexes and the risks (betas) for the period between 2002 and 2021. Therefore, this study explores the question of “why invest globally in family firms and whether this investment pays off with higher returns and less risk”. Methodology- The World's Largest Family Companies" list is published every other two years by Ernst & Young and the last issue was published in 2021. The world’s largest family companies list includes both private and publicly owned family firms. This study employs 25 world’s largest family firms after the exclusion of privately held family firms. The monthly stock prices of family firms, related country stock market index values, and global stock market index values are obtained from Refinitiv Eikon (Reuters) database for the period between 2002 and 2021 (20 years). Therefore, a total of 9120 observations are extracted for this empirical study. Eviews-10 is utilized for all econometric analysis. Findings- This study investigates whether an individual or intuitional investor can earn more than the average return of the stock markets by investing in publicly traded family firms meanwhile exposing less risk. The empricial results reveal that Maersek shows 354% (beta of 1.18) excess return over the 20 year period and followed by Hanwha with a 335% (beta of 0.69) excess return. Later, all family firms are grouped based on country of headquartered and 7 country portfolios are formed. The highest excess returns are provided by South Koean portfolio (an excess return of 189% with a beta of 0.83) and it is followed by Indian portfolio (an excess return of 174% with a beta of 1.0). Finaly, a best performer portfolio is formed by the 10 family firms with highest excess returns. This portfolio provides a 131% excess return with a beta of 1.18 over 20-year peirod. Conclusion- The empirical results show that the individual firm returns and portfolio returns of family firms are higher than the returns of the stock market indexes. Those who invest in family businesses get higher returns with less risk. Investments in publicly traded family firms pay off. Keywords: Family firms, global investment, return, risk, stock markets. JEL Codes: G10, G11, G15

POWELL world's largest family of valves

POWELL world's largest family of valves

POWELL world's largest family of valves

POWELL world's largest family of valves

POWELL introduces new member in world's largest family of valves

POWELL introduces new member in world's largest family of valves

POWELL world's largest family of valves

POWELL world's largest family of valves

POWELL world's largest family of valves

RETURN TO ISSUEPREVAdvertisementNEXTPOWELL world's largest family of valvesCite this: Chem. Eng. News 1958, 36, 11, 14Publication Date (Print):March 17, 1958Publication History Published online6 November 2010Published inissue 17 March 1958https://doi.org/10.1021/cen-v036n011.p014Copyright © 1958 AMERICAN CHEMICAL SOCIETYArticle Views47Altmetric-Citations-LEARN ABOUT THESE METRICSArticle Views are the COUNTER-compliant sum of full text article downloads since November 2008 (both PDF and HTML) across all institutions and individuals. These metrics are regularly updated to reflect usage leading up to the last few days.Citations are the number of other articles citing this article, calculated by Crossref and updated daily. Find more information about Crossref citation counts.The Altmetric Attention Score is a quantitative measure of the attention that a research article has received online. Clicking on the donut icon will load a page at altmetric.com with additional details about the score and the social media presence for the given article. Find more information on the Altmetric Attention Score and how the score is calculated. Share Add toView InAdd Full Text with ReferenceAdd Description ExportRISCitationCitation and abstractCitation and referencesMore Options Share onFacebookTwitterWechatLinked InReddit PDF (47 KB) Get e-Alerts

POWELL world's largest family of valves

POWELL world's largest family of valves