WHU on Family Business - Family Firms and Capital Structure - Asst. Prof. Max Leitterstorf
Here one of WHU's Assistant Professors, Assistant Professor Dr. Max Leitterstorf, gives us a little insight regarding debt for family firms. Do family firms on average have more or less debt than non-family firms? This is the key question within the topic of capital structure of family firms. Research on this question has provided us so far with conflicting theoretical arguments.