EAN: 9783658066826

FAMILIENUNTERNEHMEN UND KMU LENDING BEHAVIOR ...

Sufficient capital is the basic requirement necessary to operate the business  to fund
innovation  to drive growth and to successfully hand over the business to next generations.
Thomas Pijanowski investigates the impact of family firms on bank loan officers' judgment and
decision making in the context of lending. Using an experimental conjoint approach and building
upon behavioral economics he examines the question of whether and why loan officers deal
heterogeneously with different types of family firms in the context of their credit
availability decisions. The outcome of this research project holds some important implications
for practitioners.

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