2023
DOI: 10.1108/jfbm-09-2022-0115
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Does capital structure matter? Evidence from family-owned firms in Jordan

Abstract: PurposeThis study examines the potential impact of capital structure on the financial performance of family-owned firms in Jordan.Design/methodology/approachUsing panel data of 107 listed companies from 2019 to 2021, the authors use a multivariate regression model to empirically examine the role that family firms' capital structure can play in engendering financial performance in the short and long terms.FindingsThis study's evidence indicates that family businesses rely on equity as their primary source of fu… Show more

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