Risk Aversion in Family Firms in the Context of Economic Theories and Models

Academic Paper from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Applied Sciences Aalen, language: English, abstract: This paper examines the risk willingness respectively aversion of family businesses in the context of various economic theories and models, in particular on the basis of New Institutional Economics. The resul...