Does family control of small business lead to under exploitation of their financial growth potential? Evidence of the existence of conservative growth behavior in family controlled French SMEs.
Subject: Small Business, Family control, Growth, Sustainable growth, Tax evasion.
jel: jel:G31 | jel:G32 | jel:M13 | jel:M21
This paper uses a very large sample of French SMEs to study growth of small businesses. Firms are distinguished according to the intensity of family control. The estimated relationship accounts for firm characteristics of size, age, sector, and ease to access credit. Th... View more