FAMILY FIRMS, BANK RELATIONSHIPS, AND FINANCIAL CONSTRAINTS: A COMPREHENSIVE SCORE CARD

We examine the effect of financial constraints on firm investment and cash flow. We combine data from the Spanish Mercantile Registry and the Bank of Spain Credit Registry to classify firms according to whether they are family-owned, not family-owned, or belong to a family-linked network of firms an...

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Bibliographic Details
Main Authors: Karaivanov, A. (Author), Saurina, J. (Author), Townsend, R.M (Author)
Format: Article
Language:English
Published: Blackwell Publishing Inc. 2019
Online Access:View Fulltext in Publisher