資源描述:
《Financing Behavior of Family Firms-An Evidence from Chinese Listed Firms論文》由會員上傳分享,免費(fèi)在線閱讀,更多相關(guān)內(nèi)容在學(xué)術(shù)論文-天天文庫。
1、學(xué)校代碼:10270分類號:S化dent化:142201440上每作後夫爹MasterThesisFrms-FinancinBehaviorofFamilyiAnevidencefromgChineselistedfirmsSchool:SchoolofFinance&BusinessMaor:FinancejSecialization:CorporateFinancepName:乂化iqAliSuervisor:UHuipDate:2016/12/0
2、4AbstractFamil巧rmscon巧ituteamaorercentaeoflobaleconom化ereforescholarsandyjpggy,researchershaveutalotefforts化exlainandunderstandtiiissementoft:heeconom.ppgySimirihbidifibholahfilfirmsoiiillalytaseenentedmanscrstatameratenaunuewawhe
3、yyypqyconductingtheirbusinessoperations.Manytheoriesandstudiessuggestedthatfamilyfirms-consfaci.idermany打oneconomicobectivesasaketorfor化ebusnessThealsosuesttiiatjyygg-化unlikenonfamilyfirmswhohaveoalofmaximizi打evalueofshareholders
4、familrmsgg,yfi-reserveiiilfamiliiilthe化no打economcobectvesuchasfamlcontrodenttandfampjy,yy,y-iAndthesenoeconomicfactorslaakeroithediiirsssuccesson.nlenecsonmaknoceofpyygpfa"巧liki?。牐洌澹悖椋椋椋睿颍恚螅澹牐悖峄螅簦颍酰悖簦酰椋榇颍螅铮睿螅崳姡牐穑纾牐瑁椋椋妫铮悖酰保牐椋洌澹睿簦椋保瑁澹椋?/p>
5、ilistefirmsATsiesearchssed:0fy:financnbehavorofChnesedfamU.ndgywUh化eheifilpofWndDataBase876Chineselistedfamdirmsare巧udied.Afterreviewn,ygtherelevantliteratUK7ho化esesaredeveloedwhichare化stedwithaseriesofreression,yppgmodels.Di
6、fferentfinancingoptionsavailable化Chinesefamilyfirmsareidentifiedandeachfinancingsourceisbeingtestedinthesemodeltofindouttheanswerstothedesignedresearchuestions.Similarlwiththehelofthesereressionmodelsandinteractionrahsthestudqypgg
7、p,yanalyzedthemoderatoreffectsoffirmsizeandfirmageaswell.TheresultsshowedthatChinesefamilfirmsbehaveddiferentlascomaredtothelobailfi.Ulikllfi出lfamrmsneobarmseyypgyg,rimarfncnfebnke-inaichoiceofChinesefamUirmswasfoundtobedt巧nan
8、ciliShortpygyg,-1ermdebtsLotermebtTadeCeditsandE山tFinancin.:ngdsrr,,qygKeword