This study examined whether family-owned firms have advantages for accessing external financial sources for growth. Especially in developing countries with imperfect markets, firms can face difficulties accessing external financing sources; however, family-owned firms might have some advantages...

The long-standing view in US economic history is that the shift in manufacturing in the nineteenth century from the artisan shop to the mechanized factory led to “labor deskilling.” Craft workers were displaced by mix of semi-skilled operatives, unskilled workers, and a small force of...