Nonlinear association between ownership concentration and leverage: The role of family control
The 2008-2009 global financial crisis and the European debt crisis have raised further questions on leverage decision making. In this regard, this study examines the association between concentration of controlling rights and leverage in the presence of families. This study also assesses the role pl...
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Main Authors: | , , , |
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Format: | Article |
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Elsevier Inc.
2023
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Institution: | Universiti Tenaga Nasional |