How do Spanish unlisted family firms rebalance their capital structures?

PurposeThis paper seeks to analyze the family firm's capital structure decisions, focusing on the speed of adjustment (SOA) as well as on the effect of distance from the target capital structure on the SOA towards target short-term and long-term debt ratios in unlisted small and medium-sized fa...

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Veröffentlicht in:	Journal of family business management 2022-02, Vol.12 (1), p.41-66
Hauptverfasser:	Serrasqueiro, Zélia, Matias, Fernanda, Diéguez-Soto, Julio
Format:	Artikel
Sprache:	eng
Schlagworte:	Adjustment Capital structure Costs Directors Family owned businesses Hypotheses Insolvency Long term debt Longitudinal studies Profits Ratios Retained earnings Securities markets
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