1. Family and non-family firms' financial structure
- Author
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Gallucci, Carmen, Santulli, Rosalia, Gallucci, Carmen, and Santulli, Rosalia
- Subjects
- Family-owned business enterprises, Business enterprises
- Abstract
The monograph “Family and non-family firms'financial structure. The effects of financial crisis: blessing or curse?” deals with the issue of firms'financial structure. It introduces the debate, moving from the difficult in finding a balance between debts and equity and presenting the actual situation of Italian and European firms. Then, it offers an overview of the main financial theories. Subsequently, it deals with the financial structure issue in family business context, by presenting the state of art on the theme and delineating peculiar problematics faced by family firms. Finally, it provides an empirical investigation about the effect of financial crisis on family and non-family firms'capital structure, offering a wide discussion of the results and useful implication for theory and practice. The monograph “Family and non-family firms'financial structure. The effects of financial crisis: blessing or curse?”is aimed at family business and financial scholars, undergraduate and postgraduate students, and practitioners.Carmen Gallucci is Associate Professor of ‘Corporate Finance'and ‘Family Business Governance'at University of Salerno, where she is the Director of Family Business Observatory. Her research interests are in the area of family business and corporate finance. She is Author of monographs and papers published also on international journals. Rosalia Santulli is Research Fellow in Business Administration at University of Cassino and Southern Lazio and Lecturer of Financial Analysis at University of Salerno. Her research interests are in the area of family business, corporate governance, and corporate finance.
- Published
- 2016