From: Effect of financial constraints on the growth of family and nonfamily firms in Turkey
Variables | Expected sign | Estimation Results |
---|---|---|
Growthi,t-1 | – | – |
Levi,t | −/+ | +, but insig. |
K/Ai,t | + | -, but insig |
Sizei,t | + | + |
famfi,t*CFi,t/Ki,t-1 | −/0 | +, but insig. |
Nonfamfi,t *CFi,t/Ki,t-1 | + | + |