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How do family ownership and founder management affect capital structure decisions and adjustment of SMEs? : evidence from a bank-based economy
Burgstaller, Johann; Wagner, Eva - In: Journal of risk finance : the convergence of financial … 16 (2015) 1, pp. 73-101
Persistent link: https://www.econbiz.de/10010513365
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How do family ownership and founder management affect capital structure decisions and adjustment of SMEs?: Evidence from a bank-based economy
Burgstaller, Johann; Wagner, Eva - In: Journal of Risk Finance 16 (2015), pp. 73-101
Purpose –The purpose of this paper s to study the financing behavior of family firms (FF), as these differ from their small- and medium-sized enterprise (SME) counterparts in their capital structure decision, mainly due to an increased risk aversion and the desire to maintain control over the...
Persistent link: https://www.econbiz.de/10011118394
Cover Image
How do family ownership and founder management affect capital structure decisions and adjustment of SMEs?
Burgstaller, Johann; Wagner, Eva - In: The Journal of Risk Finance 16 (2015) 1, pp. 73-101
Purpose – The purpose of this paper s to study the financing behavior of family firms (FF), as these differ from their small- and medium-sized enterprise (SME) counterparts in their capital structure decision, mainly due to an increased risk aversion and the desire to maintain control over the...
Persistent link: https://www.econbiz.de/10014901985