Required and obtained equity returns in privately held businesses: the impact of family nature—evidence before and after the global economic crisis

This paper analyses the impact that family businesses have on the minimum rate of return required by owner-investors (ke) and on the equity returns (ROEaT) obtained in privately held businesses. This influence is analysed for an economic growth period (2002-2007) and for a crisis period (2008-2013)...

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Bibliographic Details
Main Authors: Rojo Ramírez, Alfonso Andrés, Martínez Romero, María José
Format: info:eu-repo/semantics/article
Language:English
Published: Springer 2023
Subjects:
Online Access:http://hdl.handle.net/10835/14848

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