Lending Behavior toward Family Firms

Lending Behavior toward Family Firms
Author :
Publisher : Springer
Total Pages : 192
Release :
ISBN-10 : 9783658066833
ISBN-13 : 3658066830
Rating : 4/5 (830 Downloads)

Book Synopsis Lending Behavior toward Family Firms by : Thomas Pijanowski

Download or read book Lending Behavior toward Family Firms written by Thomas Pijanowski and published by Springer. This book was released on 2014-07-25 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sufficient capital is the basic requirement necessary to operate the business, to fund innovation, to drive growth and to successfully hand over the business to next generations. Thomas Pijanowski investigates the impact of family firms on bank loan officers’ judgment and decision making in the context of lending. Using an experimental conjoint approach and building upon behavioral economics he examines the question of whether and why loan officers deal heterogeneously with different types of family firms in the context of their credit availability decisions. The outcome of this research project holds some important implications for practitioners.


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