I study how mutual funds invest in public family firms where founding family members retain a significant portion of shares. Mutual fund managers may decide to deviate from a well-diversified portfolio and concentrate their holdings in stocks where fund managers have information advantages. I...

There are noticeable differences between the roles that various forms of credit financing play in family businesses and in other businesses. Family businesses take out more often bank loans specifically to finance investments and innovations, and they particularly often resort to the short-term...

This paper studies the relationships between family involvement and internationalization of family small and medium enterprises (SMEs), examining the effects exerted by the three main dimensions that comprise the concept of familiness: power, experience, and culture. Disentangling the influence...