Purpose -The aim of this paper is to analyse how financial decisions influence corporate ownership structure of Spanish family and non-family controlled firms. Design/methodology/approach -The authors derived two models in line with financial theory, which have then been estimated by using a...

Purpose – The aim of this paper is to analyse how financial decisions influence corporate ownership structure of Spanish family and non‐family controlled firms. Design/methodology/approach – The authors derived two models in line with financial theory, which have then been estimated by...