Theoretical Model and Hypotheses Development
The focus of this chapter is to develop a testable theoretical model on the basis of the previously reviewed literature in order to examine the influence of family involvement on loan officers’ lending decisions. Therefore, this part of the thesis will start by giving an overview of the overall theoretical model in section 3.1. Thereafter, the individual effects and the corresponding hypotheses are developed. Finally, this chapter will be closed by recapitulating its content and summing up all of the developed hypotheses.
KeywordsFamily Firm Moral Hazard Family Involvement Hypothesis Development Framing Effect
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