Finance in Family Business
探索家族企业的财务问题，包括资本结构、投资风险行为和股利政策，并分析这些维度与绩效的关系。研究发现，家族企业债务权益比低，尤其是市场占有率高的企业；市场领先者的财务绩效低于追随者。
This article is an exploratory investigation of the financial issues of family business, such as capital structure, behavior towards investments and risk, and dividend policy. We also analyze the relation between these dimensions and performance. The most important findings of this research are that family businesses have low debtqequity levels, especially those family businesses that have an important market-share positions in their industry. The family businesses that have leading market-share positions have lesser financial performance than the family businesses who are followers in market share.