Financial policy and the value of family businesses in Canada

Amarjit Gill

International Journal of Entrepreneurship and Small Business, 2013, vol. 20, issue 3, 310-325

Abstract: This study examines the impact of financial policy on the market value of family businesses in Canada. Family business owners from Western Canada were surveyed to gather information. This study utilised survey research (a non-experimental field study design). Subjects were asked about their beliefs, perceptions, and feelings regarding financial policy and the market value of their family businesses. Overall findings indicate that the increase in the market value of family businesses is positively associated with liquidity policy, working capital management policy, debt policy, potential growth, gender, education, and industry. The perceptions related to the impact of financial policy on the value of family businesses differ based on gender and industry. The findings may be useful for family business owners, stakeholders, investors, and family/small business management consultants.

Keywords: liquidity policy; working capital management policy; debt policy; firm size; potential growth; family businesses; business performance; firm value; Canada; firm performance; financial policy; market value; family firms. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=56892 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:20:y:2013:i:3:p:310-325

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().