This paper examines whether the export decision of firms is affected by their ownership structure, specifically it looks at whether family control is an obstacle to entering foreign markets. The underlying assumption is that family firms are risk averse. Risk aversion may be an obstacle to...

CEP Discussion Paper No 896 November 2008 Does Family Control Affect Trade Performance? Evidence for Italian Firms Giorgio Barba Navaretti, Riccardo Faini and Alessandra Tucci Abstract This paper examines whether the export decision of firms is affected by their...

The paper deals firstly with the assessment of nonfinancial firm’s risk exposure which has been deeply affected in the last two decades by the trend of market globalization and increased competition. In this new scenario we can note the weakening of the traditional separation between risks...

While it has long been demonstrated (Rosenzweig and Binswanger, 1993; Banerjee and Newman, 1994) that considerations of risk and uncertainty are key to understand the dynamics leading to and perpetuating poverty, it is only recently that policy makers have taken a more active interest in trying to...