business decisions, risk management, control that set the economic path of the company is mandatory for proving that the …

We study how the ownership and control structures may explain investment decisions of Mexican manufacturing firms. We … claim that agency costs, as a measure of the separation of management and control, and firms` size can explain investment … decisions. Furthermore the estimations support the necessity to include investment opportunities and cash flow as control …

This paper investigates how family ownership, control, and management affect firms’ investment performance. We use the …