Italian Abstract: Con particolare riferimento al periodo 2007-2012, questo lavoro analizza le principali caratteristiche delle imprese familiari in Italia, in termini di scelte occupazionali, accesso al finanziamento bancario, strategie di innovazione e di internazionalizzazione. L'analisi...

This paper studies how family firms reacted to the 2008 economic crisis in terms of employment adjustment. By using a difference-in-difference approach, we provide empirical evidence that divergent paths of adjustment between family and non-family firms exist, with family firms systematically...

This paper studies how family firms reacted to the 2008 economic crisis by adjusting employment. In particular, we look at how the geographical distribution of the workforce may have led to divergencies between family and non-family firms. Using a difference-in-difference approach, we provide...

In this paper we study how access to bank lending during the recent financial crisis differed between family and non-family firms. Our theoretical prediction is that the presence of a family block-holder in the company attenuated the agency conflict in the borrower-lender relation, because of...

This paper studies how access to bank lending differed between family and non-family firms in the 2007-2009 financial crisis. The theoretical prediction is that family block-holders’ incentive structure results in lower agency conflict in the borrower-lender relationship. Using highly detailed...