Family business owners are often said to be risk averse, while corporate and institutional owners are less so. Saul Estrin, Jan Hanousek and Anastasiya Shamshur analyse how investment decisions vary across ownership types in Europe, focusing on single owners holding a 95% stake or more.

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14 March 2023

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Vox EU

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https://cepr.org/voxeu/columns/tangible-or-intangible-investment-question-owner-type-and-investment-private-firms

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