Browsing Working Papers by Subject "C81"

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Browsing Working Papers by Subject "C81"

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    Title: Family Firms and the Agency Cost of Debt: The role of soft information during a crisis  Author(s): D’AURIZIO, Leandro; OLIVIERO, Tommaso; ROMANO, Livio Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: In this paper we study how access to bank lending during the recent financial crisis differed between family and non-family firms. Our theoretical prediction is that the presence of a family block-holder in the company ...
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    Title: Family Firms and the Great Recession: Out of Sight, Out of Mind?  Author(s): D’AURIZIO, Leandro; ROMANO, Livio Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The purpose of this paper is to study how family firms, compared to widely-held companies, reacted to the 2008 economic crisis in terms of employment adjustments. By using a difference-in-difference approach, we provide ...