Family firms are dominant in much of the world, including the U.S. where they constitute 35.4 per cent of S&P 500 firms and 45.6 per cent of S&P 1500 firms. They are also a subject of growing academic interest but until now, there has been little investigation of their financing choices. Tai-Yuan Chen, Sudipto Dasgupta and Yangxin Yu saw in that surprising ... Read More