Article ID Journal Published Year Pages File Type
5089103 Journal of Banking & Finance 2013 16 Pages PDF
Abstract
► I analyze why family firms choose different capital structures. ► Control considerations shape their capital structure decision. ► Family firms either increase or decrease their leverage. ► The direction depends on the level of creditor monitoring at a country level.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Control considerations, creditor monitoring, and the capital structure of family firms
Authors
,