On the one hand, empirical evidence shows that in financial markets women seem to behave more risk averse than men. On … matters. In investment and insurance contexts with given probabilities women seem to expose approximately the same risk … information may be important. We conducted a lottery experiment introducing three types of probability information: pure risk …

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 …