Ntoung, Lious Agbor Tabot; Oliveira, Helena Maria Santos de - In: Journal of risk and financial management : JRFM 13 (2020) 1/5, pp. 1-18
This study examines the whether or not family firms are financially healthier than non-family in terms of capital … and risk choices of family and non-family firms. Using a panel data set of 888 firms and 7104 firm-year observations of … structure than those of non-family owned businesses. This indicates that most family firms use less debt financing than non-family …