In family firms, the succession of controlling equity stake to next generation is an issue of paramount importance … environment may lead families to seek alternative ways of succession. As for families controlling business groups, one way of …

conclusive results. Here we take a different, indirect approach and test whether investment decisions in family firms are more …

The firm growth dynamics is an important topic since the growth performance of firms is the main source of the economic … growth in countries. Generally, crises produce a sharp decline in firms’ growth and this leads to a decline in both the level … of employment and the income of households. This paper focuses on the role of firm leverage on the growth performance of …

growth performances of domestic versus foreign, and publicly traded versus non-traded private manufacturing firms in a major … tests suggest that exchange rate volatility has a significant growth reducing effect on manufacturing firms. However, having …

face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate … of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that … patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …

Investment in long lived projects such as buildings are characterized by uncertainties regarding project life … approach to project investment analysis is to apply the economic methods for estimates of project input variables and to … investors to take a chance on an investment of uncertain outcome based on risk attitude. Paper explains typical investment …

This paper introduces crowdfunding as a concept and model for the evolution of investment banking. Crowdfunding, an … application of crowdsourcing, is defined as one party’s attempt to finance a project by offering three types of investment … opportunities to potential investors. The investment opportunities are donations, passive investments, and active investments. From …