Balancing liquidity, growth and control -- Managing patient capital and shareholder liquidity -- Managing the cost of patient capital -- The role of family governance in family effect -- Keeping, selling, or expanding the family business -- Internal financial solutions : meeting shareholders :...

This study investigates the effect of family firm on corporate performance and financial policy (capital structure, cash holding, and cash dividends). Using a sample of Brazilian firms, the study uses a treatment effect model to address self-selection and endogeneity problems. The results show...