Welcome to the UPF Digital Repository

Spillovers from the international market and the performance of family firms: evidence from an emerging market

Show simple item record

dc.contributor.author Robles Contreras, Valeria Yamel
dc.date.accessioned 2020-11-20T16:54:30Z
dc.date.available 2020-11-20T16:54:30Z
dc.date.issued 2020
dc.identifier.uri http://hdl.handle.net/10230/45828
dc.description Master of Science in Management (UPF Barcelona Shcool of Management) Curs 2019-2020
dc.description Mentor: Mircea Epure
dc.description.abstract This study analyzes the performance of Ecuadorian firms, depending on their ownership and corporate governance structure, when facing a shock with negative spillovers from the international market. Using data on 67,279 firm-year observations pertaining to 16,468 medium and large companies in Ecuador from 2011 to 2017, I find that firms that are family-owned and controlled suffer more from a negative internationally transmitted shock into the local economy. Furthermore, the results show that the greater negative impact of the shock on family firms could be driven either by their inertia to undertake divestitures or by their lower ability to access alternative sources of financing.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.rights This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject.other Treball de fi de màster – Curs 2019-2020
dc.subject.other family firms
dc.subject.other spillovers
dc.subject.other international market
dc.subject.other trade financing
dc.subject.other divestment
dc.title Spillovers from the international market and the performance of family firms: evidence from an emerging market
dc.type info:eu-repo/semantics/masterThesis
dc.rights.accessRights info:eu-repo/semantics/openAccess


This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse

My Account

Statistics

Compliant to Partaking