The role of firm life cycle on capital structure of family firms over non‐family firms: Empirical evidence from India

This study attempts to identify and compare the critical determinants and the speed of adjustment to optimal capital structure across various stages of the firm life cycle (FLC). Signifying the attitude of family firms (FFs) owing to risk aversion and the need to preserve firm control, the study dif...

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Bibliographic Details
Published in:International journal of finance and economics 2025-07, Vol.30 (3), p.2349-2368
Main Authors: Khurana, Manpreet Kaur, Sharma, Shweta, Miah, Muhammad Shahin
Format: Article
Language:English
Subjects:
Capital structure
debt policy
emerging country
family firms
Family owned businesses
firm life cycle
non‐family firms
speed of adjustment
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