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and risk choices of family and non-family firms. Using a panel data set of 888 firms and 7104 firm-year observations of …-family firms, and as such maintain a lower level of debt. Secondly, family firms demonstrate lower risk as illustrated by the … their counterparts in terms of the operation aspect of the business's risk factors. Family firms managed their business …
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Pakistani investors. A study model has been developed to describe the impact of risk propensity, asymmetric information, and … problem framing on investor's behavior while making decisions through mediating role of risk perception. It also determines … much they are prone to taking risk while making decisions; thus playing a significant role in determining the investment …
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