This study investigates the effect of family firm on corporate performance and financial policy (capital structure, cash holding, and cash dividends). Using a sample of Brazilian firms, the study uses a treatment effect model to address self-selection and endogeneity problems. The results show...

Financial institution's substantial leverage is relevant in explaining the latest global financial crisis n 2008. However, the concept of banking leverage is not new and relates to important topics of study in the banking literature. Through a sample of 209 articles from major journals in the...

We analyse the effect of leverage components and banks' "business model channels" on risk-taking for Brazilian banks. Using a detailed dataset from the Brazilian financial system, the results show that the measurement of leverage components is relevant for determining banks' risk. We highlight...