Sonia Sánchez-Andújar, Purificación Parrado-Martínez, María Comino-Jurado
{"title":"了解家族企业的债务融资决策--最新文献是否提供了新见解?","authors":"Sonia Sánchez-Andújar, Purificación Parrado-Martínez, María Comino-Jurado","doi":"10.1108/mf-10-2023-0601","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>Considering the important development that research on debt financing decisions of family firms (FFs) has undergone in recent years, we aim to assess the current state of the literature with the latest advances in this field.</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>We undertake a systematic review of 42 journal articles published on this topic in recent years.</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>As a result of our work, new directions for the advancement of this research field are established, such as the consideration of different methodologies and sources of heterogeneity of FFs, the need for an integration of the supply and demand side of funds or the importance of evaluating a diversity of firm-specific and contextual factors affecting the debt financial behaviour of FFs.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>Considering the notable development of the field of debt financing decisions of FFs in recent years, we find it opportune and valuable to revise the advances and trends published in the most recent papers. Thus, by connecting previous and current knowledge, we provide an updated integrative model of the state of the art and posit key research questions to solve in the future.</p><!--/ Abstract__block -->","PeriodicalId":18140,"journal":{"name":"Managerial Finance","volume":"48 1","pages":""},"PeriodicalIF":1.9000,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Understanding debt financing decisions in family firms – Are there new insights from the recent literature?\",\"authors\":\"Sonia Sánchez-Andújar, Purificación Parrado-Martínez, María Comino-Jurado\",\"doi\":\"10.1108/mf-10-2023-0601\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<h3>Purpose</h3>\\n<p>Considering the important development that research on debt financing decisions of family firms (FFs) has undergone in recent years, we aim to assess the current state of the literature with the latest advances in this field.</p><!--/ Abstract__block -->\\n<h3>Design/methodology/approach</h3>\\n<p>We undertake a systematic review of 42 journal articles published on this topic in recent years.</p><!--/ Abstract__block -->\\n<h3>Findings</h3>\\n<p>As a result of our work, new directions for the advancement of this research field are established, such as the consideration of different methodologies and sources of heterogeneity of FFs, the need for an integration of the supply and demand side of funds or the importance of evaluating a diversity of firm-specific and contextual factors affecting the debt financial behaviour of FFs.</p><!--/ Abstract__block -->\\n<h3>Originality/value</h3>\\n<p>Considering the notable development of the field of debt financing decisions of FFs in recent years, we find it opportune and valuable to revise the advances and trends published in the most recent papers. Thus, by connecting previous and current knowledge, we provide an updated integrative model of the state of the art and posit key research questions to solve in the future.</p><!--/ Abstract__block -->\",\"PeriodicalId\":18140,\"journal\":{\"name\":\"Managerial Finance\",\"volume\":\"48 1\",\"pages\":\"\"},\"PeriodicalIF\":1.9000,\"publicationDate\":\"2024-06-03\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Managerial Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1108/mf-10-2023-0601\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/mf-10-2023-0601","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Understanding debt financing decisions in family firms – Are there new insights from the recent literature?
Purpose
Considering the important development that research on debt financing decisions of family firms (FFs) has undergone in recent years, we aim to assess the current state of the literature with the latest advances in this field.
Design/methodology/approach
We undertake a systematic review of 42 journal articles published on this topic in recent years.
Findings
As a result of our work, new directions for the advancement of this research field are established, such as the consideration of different methodologies and sources of heterogeneity of FFs, the need for an integration of the supply and demand side of funds or the importance of evaluating a diversity of firm-specific and contextual factors affecting the debt financial behaviour of FFs.
Originality/value
Considering the notable development of the field of debt financing decisions of FFs in recent years, we find it opportune and valuable to revise the advances and trends published in the most recent papers. Thus, by connecting previous and current knowledge, we provide an updated integrative model of the state of the art and posit key research questions to solve in the future.
期刊介绍:
Managerial Finance provides an international forum for the publication of high quality and topical research in the area of finance, such as corporate finance, financial management, financial markets and institutions, international finance, banking, insurance and risk management, real estate and financial education. Theoretical and empirical research is welcome as well as cross-disciplinary work, such as papers investigating the relationship of finance with other sectors.