Capital Structure, Earnings Management, and Risk of Financial Distress A Comparative Analysis of Family and Non-family Firms /

• Main Authors: Gottardo, Pietro (Author, http://id.loc.gov/vocabulary/relators/aut), Moisello, Anna Maria (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Series: SpringerBriefs in Business,
• Subjects: Family-owned business enterprises.; Accounting.; Bookkeeping .; Corporations-Finance.; Business enterprises-Finance.; Family Business.; Accounting/Auditing.; Corporate Finance.; Business Finance.

This book analyzes the impacts that family control of firms has on capital structure choices, leverage and the risk of financial distress, earnings management practices, and the relation between accounting choices and firm market value. For these purposes, longitudinal data on Italian family and non...

Table of Contents:

• 1 Introduction
• 2 Family control and capital structure choices
• 3 Family influence, leverage and probability of financial distress
• 4 Equity and bond issues and earnings management practices
• 5 Earnings management, issues and firm market value
• 6 Conclusions.