| Dependent Variable: | Firm Value at Risk VAR |
| Family Control | −0.0222 (−5.02)** |
| Management. Osh | 0.09 (5.62)*** |
| Ownership Concentration | 0.0056 (4.12) |
| Board Independence | −0.0097 (−0.410) |
| Board Size | 0.082 (2.940) |
| Chairman/CEO Duality | 0.098 (12.10)** |
| Audit Committee Independence | −0.0258 (−3.96) |
| Firm Size | 0.0091 (8.86)*** |
| Growth Opportunities | 0.00810 (9.71)*** |
| Firm Profitability | 0.0092 (4.02)*** |
| Bank. Dummy | 0.00577 (0.988) |
| F Value | 10.76 |
| P Value | 0.000 |
| R2 | 0.24 |