LEADER 03733nam  22006135  450 
001 9910337822103321
005 20200705191221.0
010   $a3-030-00344-2
024 7 $a10.1007/978-3-030-00344-9
035   $a(CKB)4100000006674650
035   $a(MiAaPQ)EBC5524277
035   $a(DE-He213)978-3-030-00344-9
035   $a(PPN)230540236
035   $a(EXLCZ)994100000006674650
100   $a20180924d2019      u|         0
101 0 $aeng
135   $aurcnu||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aCapital Structure, Earnings Management, and Risk of Financial Distress $eA Comparative Analysis of Family and Non-family Firms /$fby Pietro Gottardo, Anna Maria Moisello
205   $a1st ed. 2019.
210  1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2019.
215   $a1 online resource (103 pages)
225 1 $aSpringerBriefs in Business,$x2191-5482
311   $a3-030-00343-4 
327   $a1 Introduction -- 2 Family control and capital structure choices -- 3 Family influence, leverage and probability of financial distress -- 4 Equity and bond issues and earnings management practices -- 5 Earnings management, issues and firm market value -- 6 Conclusions.
330   $aThis book analyzes the impacts that family control of firms has on capital structure choices, leverage and the risk of financial distress, earnings management practices, and the relation between accounting choices and firm market value. For these purposes, longitudinal data on Italian family and non-family non-financial firms are closely analyzed. The Italian setting is of special interest in this context because family businesses account for 94% of GDP, families are particularly committed to maintaining control of firms, and the economy is bank based rather than market based. The analyses draw on the socioemotional wealth approach, which emphasizes the importance of the stock of emotional value in family firms, in combination with financial theories such as Pecking Order Theory, Trade-off Theory, and Agency Theory. The findings cast significant new light on differences between family and non-family firms and the effects of different forms of family influence. The book will have broad appeal for academics, managers, practitioners, and policymakers.
410  0$aSpringerBriefs in Business,$x2191-5482
606   $aFamily-owned business enterprises
606   $aAccounting
606   $aBookkeeping 
606   $aCorporations?Finance
606   $aBusiness enterprises?Finance
606   $aFamily Business$3https://scigraph.springernature.com/ontologies/product-market-codes/514020
606   $aAccounting/Auditing$3https://scigraph.springernature.com/ontologies/product-market-codes/511000
606   $aCorporate Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/612000
606   $aBusiness Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/512000
615  0$aFamily-owned business enterprises.
615  0$aAccounting.
615  0$aBookkeeping .
615  0$aCorporations?Finance.
615  0$aBusiness enterprises?Finance.
615 14$aFamily Business.
615 24$aAccounting/Auditing.
615 24$aCorporate Finance.
615 24$aBusiness Finance.
676   $a658.045
700   $aGottardo$b Pietro$4aut$4http://id.loc.gov/vocabulary/relators/aut$0376385
702   $aMoisello$b Anna Maria$4aut$4http://id.loc.gov/vocabulary/relators/aut
906   $aBOOK
912   $a9910337822103321
996   $aCapital Structure, Earnings Management, and Risk of Financial Distress$92048332
997   $aUNINA