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Altruism, intention for succession, and family firms' risk-taking behavior

This study addresses the effects of altruism and intention for succession on family
firm's risk-taking behaviors. Results show that higher levels of familial altruism in family
firms with succession plans lead to lower levels of R&D investment, but have no
significant impacts on their earnings management. Also, altruism in these family firms
decreases their cost of debt. / May 2016

Identiferoai:union.ndltd.org:MANITOBA/oai:mspace.lib.umanitoba.ca:1993/31182
Date07 April 2016
CreatorsShi, Yulin
ContributorsWu, Zhenyu (Business Administration), Greidanus, Nathan (Business Administration) Liu, Mingzhi (Accounting and Finance) Zhang, Gong (University of Winnipeg)
Source SetsUniversity of Manitoba Canada
Detected LanguageEnglish

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