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Purpose – The purpose of this paper is to examine the relationship between a firm's propensity to lease and several firm characteristics: tax position, financial constraint, ownership structure, growth, and size. Design/methodology/approach – Controlling for industry, total lease share,...
Persistent link: https://www.econbiz.de/10014785334
Family firms play an important role in many economies around the world. Their governance may be motivated by both financial and nonfinancial concerns. This study investigates whether and how family ownership affects a particular strategic decision: to purchase or lease assets. More specifically,...
Persistent link: https://www.econbiz.de/10010875397
Purpose – The purpose of this paper is to examine the relationship between a firm's propensity to lease and several firm characteristics: tax position, financial constraint, ownership structure, growth, and size. Design/methodology/approach – Controlling for industry, total lease share,...
Persistent link: https://www.econbiz.de/10010610538
Persistent link: https://www.econbiz.de/10010188218