Why Do Family Firms Hold Cash? Agency Conflicts and Valuation Perspectives
This study aims to examine whether family firms differ from nonfamily firms in their propensity to save cash, particularly in response to new investment opportunities, and to assess how investors value the cash holdings of family versus nonfamily firms in light of potential agency concerns. The stud...
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| Huvudupphov: | , , , |
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| Materialtyp: | Artigo |
| Språk: | Inglês |
| Utgiven: |
MDPI AG
2026-01-01
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| Serie: | Risks |
| Ämnen: | |
| Länkar: | https://www.mdpi.com/2227-9091/14/1/6 |
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