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Browsing ECO Working Papers by Subject "D22"
Now showing items 1-4 of 4
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, LivioDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract: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 ...
Title:Family Firms and the Great Recession: Out of Sight, Out of Mind?
Author(s):D’AURIZIO, Leandro; ROMANO, LivioDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract: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 ...
Title:Understanding the Size and Profitability of Firms: The Role of a Biological Factor
Author(s):GUISO, Luigi; RUSTICHINI, AldoDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We collect information on prenatal testosterone in a large sample of entrepreneurs by measuring the length of their 2th to 4th fingers in face to face interviews. Entrepreneurs with higher exposure to prenatal testosterone ...
Title:What Drives Women Out of Entrepreneurship? The Joint Role of Testosterone and Culture
Author(s):GUISO, Luigi; RUSTICHINI, AldoDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The ratio of second to fourth digit (2D4D) has been shown to correlate negatively with entrepreneurial skills and financial success. We document that in a sample of entrepreneurs women have a lower 2D4D ratio than men, in ...