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We model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs. Under perfect information, if foreign currency funds come at a lower interest rate, all foreign currency earners as well as those local currency earners with high revenues and/or low distress costs ...
Family companies are characterized by their unique combination of dynastic will,
family ownership and professional management: this connection produces a dynamic that offers competitive advantages, but it also harbors potential risks.
Generational change in family businesses is a highly complex process and often constitutes a balancing act for ...
The article is a short piece based on our EACD survey on the identity management practices of marketing and communication professeionals on how communications teams can harness the power of online impression management
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